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Property profile & analytics
OFF-MARKET
Estimated value
$1,405,000
Showrooms
1102 4th N Ave Lake Worth, FL 33460-2954
Entity Owned
1-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US18-4096774
Property profile
Verified
Property type
Showrooms
Use group
SHOW ROOM, WAREHOUSE
Year built
1982
Construction
CONCRETE
Total area
6,000 SF
Lot
0.32 ac (13,774 SF)
Zoning code
AI
APN
38-43-44-21-15-122-0190
UPID
US18-4096774
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
-
U.S. Military Vets MC Charitable Organization Social Service Agency
-
Transport Specialist Freight Service Logistics Company
-
Day&Night 24HR MOBILE AUTO REPAIR LLC Auto Repair Shop
-
Fix'd Automotive Repair LLC Auto Repair Shop
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$1.26M
CAP Approach
CAP
$1.59M
Comparable Approach
Comparable
$1.22M
Blend (final)
Blend
$1.41M
Owner & transaction history
M&m Parking Sb LLC · 1 yrs held
M&m Parking Sb LLC
since 2024
Last sale
$1.8M
7 recorded transactions
Zoning & alternative use
AI · Lake Worth, FL
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Neighborhood: shopping center
$2.2M
+38.6%
Office building
$1.9M
+22.9%
Retail stores
$1.7M
+9.4%
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
Method
Estimation
Statistic approach
$1,310,000
ML approach
$1,260,000
CAP Approach
CAP Return
Estimation
6%
$1,725,000
6.5%
$1,590,000
7%
$1,480,000
Alternative Use
Use
Estimation
COMMERCIAL (GENERAL)
$1,575,000
Current use
NEIGHBORHOOD: SHOPPING CENTER
$2,185,000
Change: +39% · Conversion: Difficult
OFFICE BUILDING
$1,935,000
Change: +23% · Conversion: Easy
RETAIL STORES
$1,720,000
Change: +9% · Conversion: Easy
Blend value · Realmo final
$1.41M
Range $1.26M – $1.55M · ±10% · vs last sale $1.81M (Jul 7 2024)
Last sale anchor
$1.81M
Jul 7 2024
Realmo estimate · informational only.
These numbers are calculated by our models from public records and may not reflect actual market value.
Not an appraisal.
Verify with a licensed appraiser before transacting. Realmo accepts no liability for divergence from real-world outcomes.
View the full estimation — every method, every assumption
Confidence drivers & risk notes · Custom comparable set · Free for first 3 / day
Full estimation methodology
Every method · every assumption · confidence drivers
Price per SF
Sale + rent benchmarks
Subject property
$234 / SF
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
$14,189
Tax year 2023
Assessed value
$567,010
Assessed 2023
Previous assessed
$567,010
+0.0% YoY
Effective rate
2.50%
On assessed value
Assessed land
$155,470
Assessed improvement
$411,540
Land market value
$155,470
Improvement market value
$411,540
Total market value
$567,010
Applied tax rate
38,453.0000
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
Showrooms
Use group
SHOW ROOM, WAREHOUSE
Status
Off-Market
Year built
1982
Construction
CONCRETE
Heating
NONE
Cooling
NONE
Stories
1
Total area
6,000 SF
Lot
0.32 ac (13,774 SF)
Zoning code
AI
APN
38-43-44-21-15-122-0190
UPID
US18-4096774
Jurisdiction
PALM BEACH
Metro division
WEST PALM BEACH-BOCA RATON-BOYNTON BEACH, FL METROPOLITAN DIVISION
Zoning & alternative use
AI · Lake Worth, FL
Zoning AI · permitted uses
AI · 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.
Alternative use value scenarios
Repositioning upside vs current use
COMMERCIAL (GENERAL) Current
Est. value
$1.6M
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$2.2M
OFFICE BUILDING
Est. value
$1.9M
RETAIL STORES
Est. value
$1.7M
COMMERCIAL (GENERAL) Current
NEIGHBORHOOD: SHOPPING CENTER
OFFICE BUILDING
RETAIL STORES
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Alternative use deep dive
Conversion cost · permit path · stabilized NOI per option
Building & site characteristics
From public records
Year built
1982
Construction
CONCRETE
Heating
NONE
Cooling
Yes
Stories
1
Lot
0.32 ac
Current owner
From public records · entity-resolved
M&m Parking Sb LLC
Entity
Mailing address
210 SW 15TH ST, FORT LAUDERDALE, FL 33315-1705
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2024
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
9 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Oct 7, 2024
$1,806,000
M&m Parking Sb LLC
1102 4th Ave N Lake Worth LLC
Special Warranty Deed
—
Jun 13, 2023
—
1102 4th Ave N Lake Worth LLC
—
Deed
related
$850,000 · Us Century Bank
Dec 23, 2021
$1,385,000
1102 4th Ave N N Lake Worth LLC
Lw Jb Capital LLC
Warranty Deed
—
Nov 18, 2020
—
Lw Jb Capital LLC
—
Deed
related
$851,000 · Loc Lindsley LLC
Oct 8, 2020
$1,135,000
Lw Jb Capital LLC
Geneva Bays 6 LLC
Grant Deed
—
Jul 16, 2019
$875,000
Geneva Bays 6 LLC
Couto Realty LLC
Warranty Deed
$568,750 · Transcapital Bank
Aug 1, 2017
$805,000
Couto Realty LLC
Mark Albright Properties INC
Warranty Deed
$523,500 · Stonegate Bank
—
—
Mark C Albright
—
Deed Of Trust
related
$50,000 · Ryan E Merkel
—
—
Lw Jb Capital LLC
—
Deed Of Trust
related
$851,000 · Loc Lindsley LLC
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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