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Property profile & analytics
OFF-MARKET
Grocery and convenience stores
1001 Dixie Hwy Lake Worth, FL 33460-5115
Entity Owned
3-yr Hold
~
Est. High Equity
Property ID
US18-2736706
Property profile
Verified
Property type
Grocery and convenience stores
Use group
CONVENIENCE STORE
Year built
1961
Construction
WOOD
Total area
1,751 SF
Lot
0.52 ac (22,795 SF)
Zoning code
MU-DIXIE
APN
38-43-44-21-15-285-0020
UPID
US18-2736706
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
-
Burger King Restaurant
-
FedEx OnSite Postal Service Courier Service
-
Kwik Shop Grocery & Convenience Store
-
Walgreens Cosmetic Store
-
Coinhub Bitcoin ATM Teller Atm
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
by Request
Owner & transaction history
Walgreen Co · 3 yrs held
Walgreen Co
since 2023
7 recorded transactions
Zoning & alternative use
MU-DIXIE · Lake Worth, FL
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Cap rate
Implied · in-place · derived from last sale + estimated NOI
Implied Cap rate
#1
Implied · in-place · NOI ÷ last sale
In-place · derived from last sale + estimated NOI
Cap rate, NOI & submarket benchmark
Implied cap rate vs Lake Worth submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Lake Worth submarket · NOI estimate · typical band, median & reading
Refine your cap rate
8-question underwriting flow
1.
Property current status — Going-In vs Stabilized
2.
Price for denominator — asking / offer / market
3.
Leasing status & lease structure (NNN / Gross)
4.
Tenant risk profile & vacancy assumption
5.
Upload T12 / rent roll / OM (optional)
Refine in 60 seconds, get exact suggested price
T12 upload · Submarket benchmarks · Sensitivity grid
Suggested price · 3 cap rate anchors
Income approach @ 5% / 7% / 9% — aggressive / typical / conservative
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · Implied $/SF per anchor · Sensitivity grid
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · implied $/SF · sensitivity
Value
AI, CAP & Alternative Use estimations · Realmo proprietary blendValue Estimations
Based on Realmo’s proprietary methodology
AI Approach
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
—
Submarket sale & rent benchmarks
Median sale $/SF · Asking & closed rent · Submarket vacancy
Submarket sale & rent benchmarks
Median sale $/SF · asking & closed rent · submarket vacancy
Property tax & assessments
Tax year 2023Property tax & assessments
Tax year 2023
Tax billed
$10,907
Tax year 2023
Assessed value
$359,594
Assessed 2023
Previous assessed
$349,017
+3.0% YoY
Effective rate
3.03%
On assessed value
Assessed land
$223,746
Assessed improvement
$135,848
Land market value
$223,746
Improvement market value
$135,848
Total market value
$359,594
Applied tax rate
38,457.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Grocery and convenience stores
Use group
CONVENIENCE STORE
Status
Off-Market
Year built
1961
Construction
WOOD
Heating
NONE
Cooling
CENTRAL
Stories
1
Total area
1,751 SF
Lot
0.52 ac (22,795 SF)
Zoning code
MU-DIXIE
APN
38-43-44-21-15-285-0020
UPID
US18-2736706
Jurisdiction
PALM BEACH
Metro division
WEST PALM BEACH-BOCA RATON-BOYNTON BEACH, FL METROPOLITAN DIVISION
Zoning & alternative use
MU-DIXIE · Lake Worth, FL
Zoning MU-DIXIE · permitted uses
MU-DIXIE · Lake Worth, FL
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Lake Worth. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1961
Construction
WOOD
Heating
NONE
Cooling
Yes
Stories
1
Lot
0.52 ac
Current owner
From public records · entity-resolved
Walgreen Co
Entity
Mailing address
1001 S DIXIE HWY, LAKE WORTH BEACH, FL 33460-5115
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2023
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
10 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jun 9, 2023
—
Walgreen Co
Fairview Properties INC
Deed
—
Jun 9, 2023
$6,535,454
Fairview Properties INC
Walgreen Co
Special Warranty Deed
—
Sep 23, 2020
—
Kd 1101 South Dixie Hwy LLC
Equity One Florida Portfolio
Quitclaim Deed
related
—
Sep 23, 2020
$635,000
Kd 1101 South Dixie Hwy LLC
Equity One Florida Portfolio
Grant Deed
—
Jan 31, 2006
$165,800
Saiful Islam
Islam,shamsad
Grant Deed
related
—
Oct 19, 2005
$165,800
Saiful Islam
Islam,shamsad
Warranty Deed
related
—
Dec 15, 1997
$25,000
Saiful Islam
Khan,baxter
Grant Deed
—
Feb 3, 1997
$80,000
Shafiqul Islam
Affordable Housing Enterprises
Grant Deed
$70,700 · Seller
—
—
Saiful Islam
—
Deed Of Trust
related
$316,000 · Interbay Funding LLC
—
—
Shafiqul Islam
—
Deed Of Trust
related
$70,700 · Riverbank Financial Corp
Coming soon
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Coming soon
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
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