Back to Search
Property profile & analytics
FOR SALE
Showrooms
1103 5Th Ave N Lake Worth, FL 33460
Entity Owned
1-yr Hold
Absentee Owner
Free & Clear
Property ID
US18-4884660
For Sale
1 / 2
$2,150,000
1103 5Th Ave N, Lake Worth, FL 33460
View Listing →
Property profile
Verified
Property type
Showrooms
Use group
SHOW ROOM, WAREHOUSE
Year built
1965
Construction
CONCRETE
Total area
4,200 SF
Lot
0.15 ac (6,739 SF)
Zoning code
AI
APN
38-43-44-21-15-122-0180
UPID
US18-4884660
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
-
Oscar auto body paint llc Auto Repair Shop
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$1.81M
CAP Approach
CAP
$1.12M
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$1.81M
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
Auto repair, garage
$1.7M
+56.9%
Medical building
$1.7M
+50.2%
Neighborhood: shopping center
$1.5M
+38.6%
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
$1,805,000
ML approach
$1,805,000
CAP Approach
CAP Return
Estimation
6%
$1,210,000
6.5%
$1,115,000
7%
$1,035,000
Alternative Use
Use
Estimation
COMMERCIAL (GENERAL)
$1,100,000
Current use
AUTO REPAIR, GARAGE
$1,730,000
Change: +57% · Conversion: Difficult
MEDICAL BUILDING
$1,655,000
Change: +50% · Conversion: Easy
NEIGHBORHOOD: SHOPPING CENTER
$1,530,000
Change: +39% · Conversion: Difficult
OFFICE BUILDING
$1,355,000
Change: +23% · Conversion: Easy
RETAIL STORES
$1,205,000
Change: +9% · Conversion: Easy
WAREHOUSE, STORAGE
$1,165,000
Change: +6% · Conversion: Difficult
Blend value · Realmo final
$1.81M
Range $1.62M – $1.99M · ±10% · vs last sale $1.81M (Oct 7 2024)
Last sale anchor
$1.81M
Oct 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
$430 / 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
$8,959
Tax year 2023
Assessed value
$359,679
Assessed 2023
Previous assessed
$359,679
+0.0% YoY
Effective rate
2.49%
On assessed value
Assessed land
$89,939
Assessed improvement
$269,740
Land market value
$89,939
Improvement market value
$269,740
Total market value
$359,679
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
For Sale
Year built
1965
Construction
CONCRETE
Heating
NONE
Cooling
NONE
Stories
1
Total area
4,200 SF
Lot
0.15 ac (6,739 SF)
Zoning code
AI
APN
38-43-44-21-15-122-0180
UPID
US18-4884660
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
$1.1M
AUTO REPAIR, GARAGE
Est. value
$1.7M
MEDICAL BUILDING
Est. value
$1.7M
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$1.5M
OFFICE BUILDING
Est. value
$1.4M
RETAIL STORES
Est. value
$1.2M
WAREHOUSE, STORAGE
Est. value
$1.2M
COMMERCIAL (GENERAL) Current
AUTO REPAIR, GARAGE
MEDICAL BUILDING
NEIGHBORHOOD: SHOPPING CENTER
OFFICE BUILDING
RETAIL STORES
WAREHOUSE, STORAGE
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
1965
Construction
CONCRETE
Heating
NONE
Cooling
Yes
Stories
1
Lot
0.15 ac
Current owner
From public records · entity-resolved
M&m Parking Sb LLC
Entity
Free & Clear · 1 yrs held
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
8 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
—
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
Jun 2, 2016
$205,000
Mark Albright
Shepard,rickey R & Helen L
Warranty Deed
$200,000 · Steve & Denise Brown
Feb 18, 1997
—
Rickey R Shepard
Shepard,rickey R
Quit Claim Deed
related
—
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.
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
Full reports are paid
Unlock the full Property Analytics report
Start free for 7 days — no card required. Full owner contacts, all 4 valuations with methodology, refine flow, comparable adjustments, foot-traffic deep dive, export to PDF / CSV.
