Financial
Distress signals
Property profile

117 Miller Way Lake Park, FL 33403

OFF-MARKET
Office buildings
Property ID
US18-4749632
4,048 SF 0.26 ac lot Built 1971
Last sale Jul 1998 · $82,500
Entity Owned Owner of record is a legal entity (LLC / corporation). 28-yr Hold Held for 28 years. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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Property summary

AI-generated overview

This exceptional commercial property, located at 117 Miller Way in West Palm Beach, Florida, 33403, presents a unique opportunity for businesses seeking a blend of modern office space and ample warehouse facilities. The complex comprises two buildings totaling 10,078 square feet, offering a single-tenant occupancy arrangement. The property features 4,078 square feet of newly constructed, high-quality office space, ideal for a variety of business needs. Complementing the office area is a

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. In the full report.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with the full report.

Mortgages

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.

Property tax · 2023

What does the county charge?
$17k
Tax billed · 2023
Assessed value$747k
Assessed land$167k
Assessed improvement$580k
Effective rate2.21%

Value estimate

· Sep 2026
$1.04M
$936k – $1.14M
Submarket $/SF estimate$1.43M

Realmo valuation models over county records and 5 qualifying comparable sales.

Recently sold

What actually traded nearby?
$397/SF
County average, outlier-cleaned · 950 recorded sales of this use type
Observed band · Q1–Q3$225 – $663
Qualifying comparables5

Cap rate analysis

How does the asset earn?

No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.

Zoning insight

What can be built here?
CLIC
It is the purpose of the CLIC district to allow the development of a mixed use, campus light industrial or commercial employment center. ...
General categoryMIXED_USE
JurisdictionPALM BEACH

Location intelligence

Which uses thrive at this corner?
Best fit: Realty agency
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Realty agency23.6
Law Firm21.0
Dental Office19.0

Location

117 Miller Way Lake Park, FL 33403-3009
County assessor Recorded deeds · 7 transfers 5 qualifying comp sales Zoning catalog

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

6 recorded sales · 14 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
900 Us Hwy 1st, Lake Park, FL 33403-2856 $620,000 Oct 2023 4,174 SF
1301 10th, Lake Park, FL 33403-2034 $700,000 Nov 2021 4,524 SF
705 Park, Lake Park, FL 33403-2537 $377,000 Dec 2020 2,016 SF
501 Us Hwy 1st, Lake Park, FL 33403-3557 $1,200,000 Sep 2020 7,872 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
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