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Property profile & analytics
OFF-MARKET
Estimated value
$760,000
Showrooms
1202 Dixie Hwy, Lantana, FL 33462-5410
Entity Owned
5-yr Hold
~
Est. High Equity
Property ID
US18-0204083
Property profile
Verified
Property type
Showrooms
Use group
SHOW ROOM, WAREHOUSE
Year built
1965
Construction
STEEL FRAME
Total area
2,440 SF
Lot
0.15 ac (6,599 SF)
Zoning code
C1
APN
40-43-45-03-15-001-0220
UPID
US18-0204083
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
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$795k
CAP Approach
CAP
$650k
Comparable Approach
Comparable
$802k
Blend (final)
Blend
$760k
Owner & transaction history
Newing LLC · 5 yrs held
Newing LLC
since 2021
Last sale
$750,000
7 recorded transactions
Zoning & alternative use
C1 · Lantana, 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 Lantana submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Lantana 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
$710,000
ML approach
$795,000
CAP Approach
CAP Return
Estimation
6%
$700,000
6.5%
$650,000
7%
$600,000
Blend value · Realmo final
$760k
Range $684k – $836k · ±10% · vs last sale $750k (Apr 15 2021)
Last sale anchor
$750k
Apr 15 2021
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
$311 / 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
$7,363
Tax year 2023
Assessed value
$349,394
Assessed 2023
Previous assessed
$316,692
+10.3% YoY
Effective rate
2.11%
On assessed value
Assessed land
$152,724
Assessed improvement
$196,670
Land market value
$152,724
Improvement market value
$196,670
Total market value
$349,394
Applied tax rate
40,534.0000
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
1965
Construction
STEEL FRAME
Heating
NONE
Cooling
NONE
Stories
1
Total area
2,440 SF
Lot
0.15 ac (6,599 SF)
Zoning code
C1
APN
40-43-45-03-15-001-0220
UPID
US18-0204083
Jurisdiction
PALM BEACH
Metro division
WEST PALM BEACH-BOCA RATON-BOYNTON BEACH, FL METROPOLITAN DIVISION
Zoning & alternative use
C1 · Lantana, FL
Zoning C1 · permitted uses
C1 · Lantana, FL
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Lantana. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1965
Construction
STEEL FRAME
Heating
NONE
Cooling
Yes
Stories
1
Lot
0.15 ac
Current owner
From public records · entity-resolved
Newing LLC
Entity
Mailing address
1535 LANDS END RD, LANTANA, FL 33462-4740
Ownership since
2021
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
12 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Apr 15, 2021
$750,000
Newing LLC
Carnahan East Coast Events INC
Warranty Deed
—
Jun 27, 2018
—
Carnahan East Coast Events INC
—
Deed
related
$44,709 · Mauri E & Ulla Saari
May 13, 2016
—
Carnahan East Coast Events INC
—
Deed
related
$90,934 · Mauri E & Ulla Saari
Nov 21, 2014
—
Carnahan East Coast Events INC
Twin Landing LLC
Quit Claim Deed
related
—
Apr 23, 2012
$160,000
Twin Landing LLC
Cit Small Busn Lending Corp
Grant Deed
—
Jul 5, 2011
$125,200
Cit Small Busn Lending Corp
Mace,michael Coc
Trustees Deed
related
—
Mar 10, 2006
$500,000
Michael Mace
Robert J Anderson
Warranty Deed
—
Mar 31, 2000
$127,500
Robert J Anderson
Robert Myers Painting INC
Grant Deed
related
—
—
—
Carnahan East Coast Events INC
—
Loan Modification
related
$109,871 · Mauri E & Ulla Saari
—
—
Carnahan East Coast Events INC
—
Loan Modification
related
$90,934 · Mauri E & Ulla Saari
—
—
Twin Landing LLC
—
Deed Of Trust
related
$160,000 · Mauri E & Ulla Saari
—
—
Carnahan East Coast Events INC
—
Loan Modification
related
$44,709 · Mauri E & Ulla Saari
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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