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Property profile & analytics
OFF-MARKET
Estimated value
$2,600,000
Office buildings
1110 6th S Ave 1 Lake Worth, FL 33460-4353
Entity Owned
3-yr Hold
~
Est. High Equity
Property ID
US18-1800437
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING (MULTI-STORY)
Year built
1975
Construction
CONCRETE
Total area
2,500 SF
Lot
0.39 ac (16,997 SF)
Zoning code
MU-E
APN
38-43-44-21-15-179-0210
UPID
US18-1800437
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
-
Palm Beach Recovery Group Medical Clinic
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$2.45M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$2.60M
Owner & transaction history
Evolution Estates LLC · 3 yrs held
Evolution Estates LLC
since 2023
Last sale
$2.8M
7 recorded transactions
Zoning & alternative use
MU-E · 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
Method
Estimation
Statistic approach
$2,450,000
ML approach
$2,450,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$2.60M
Range $2.34M – $2.86M · ±10% · vs last sale $2.75M (May 3 2023)
Last sale anchor
$2.75M
May 3 2023
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
$1,040 / 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
$29,068
Tax year 2023
Assessed value
$1,262,741
Assessed 2023
Previous assessed
$1,172,109
+7.7% YoY
Effective rate
2.30%
On assessed value
Assessed land
$222,870
Assessed improvement
$1,039,871
Land market value
$222,870
Improvement market value
$1,039,871
Total market value
$1,262,741
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
Office buildings
Use group
OFFICE BUILDING (MULTI-STORY)
Status
Off-Market
Year built
1975
Construction
CONCRETE
Heating
NONE
Cooling
CENTRAL
Buildings
2
Stories
1
Total area
2,500 SF
Lot
0.39 ac (16,997 SF)
Zoning code
MU-E
APN
38-43-44-21-15-179-0210
UPID
US18-1800437
Jurisdiction
PALM BEACH
Metro division
WEST PALM BEACH-BOCA RATON-BOYNTON BEACH, FL METROPOLITAN DIVISION
Zoning & alternative use
MU-E · Lake Worth, FL
Zoning MU-E · permitted uses
MU-E · 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
1975
Construction
CONCRETE
Heating
NONE
Cooling
Yes
Stories
1
Buildings
2
Lot
0.39 ac
Current owner
From public records · entity-resolved
Evolution Estates LLC
Entity
Mailing address
19285 NE 9TH PL, MIAMI, FL 33179-1376
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
9 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
May 3, 2023
$2,750,000
Evolution Estates LLC
Napoleon Johanah
Warranty Deed
$2,000,000 · Silver Hill Financial LLC
Jan 25, 2022
—
Napoleon Johanah
1110 6th Avenue South LLC
Quit Claim Deed
related
—
Jul 12, 2018
$1,500,000
1110 6th Avenue South LLC
Mac Group Holdings LLC
Warranty Deed
$1,007,500 · Fl Real Estate & Assets LLC
Nov 14, 2017
—
Mac Group Holdings LLC
—
Deed
related
$600,000 · Cacquire LLC
Jan 5, 2016
$300,000
Mac Group Holdings LLC
Daszkal,david
Warranty Deed
$500,000 · Cacquire LLC
Mar 25, 2014
$223,600
David Daszkal
Cromados Los Primos In Coc
Trustees Deed
related
—
Aug 1, 1984
$132,500
Star Connection Cor
Finel,inc
Warranty Deed
related
$100,000
—
—
Luis Munoz
—
Deed Of Trust
related
$300,000 · Wachovia Bank NA
—
—
Mac Group Holdings LLC
—
Loan Modification
related
$600,000 · Cacquire 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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