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Property profile & analytics
OFF-MARKET
Industrial land
12209 Lakeshore Dr, Canal Point, FL 33438-9509
Individually Owned
10-yr Hold
~
Est. High Equity
Property ID
US18-4557731
Property profile
Verified
Property type
Industrial land
Use group
INDUSTRIAL - VACANT LAND
Year built
1934
Construction
WOOD FRAME
Total area
2,340 SF
Lot
0.25 ac (10,790 SF)
Zoning code
IL
APN
00-37-41-33-03-047-0070
UPID
US18-4557731
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
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
by Request
Owner & transaction history
Seivright A Thomas · 10 yrs held
Seivright A Thomas
since 2015
5 recorded transactions
Zoning & alternative use
IL · Canal Point, 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 Canal Point submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Canal Point 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
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
—
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
$109
Tax year 2023
Assessed value
$6,207
Assessed 2023
Previous assessed
$6,207
+0.0% YoY
Effective rate
1.76%
On assessed value
Assessed land
$6,207
Land market value
$6,207
Total market value
$6,207
Applied tax rate
76.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
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
Industrial land
Use group
INDUSTRIAL - VACANT LAND
Status
Off-Market
Year built
1934
Construction
WOOD FRAME
Heating
NONE
Stories
1
Bathrooms
2
Total area
2,340 SF
Lot
0.25 ac (10,790 SF)
Zoning code
IL
APN
00-37-41-33-03-047-0070
UPID
US18-4557731
Jurisdiction
PALM BEACH
Metro division
WEST PALM BEACH-BOCA RATON-BOYNTON BEACH, FL METROPOLITAN DIVISION
Zoning & alternative use
IL · Canal Point, FL
Zoning IL · permitted uses
IL · Canal Point, FL
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Canal Point. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1934
Construction
WOOD FRAME
Heating
NONE
Stories
1
Bathrooms
2
Lot
0.25 ac
Current owner
From public records · entity-resolved
Seivright A Thomas
Individual
Mailing address
12215 LAKESHORE DR #14, CANAL POINT, FL 33438-9509
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2015
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
5 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jun 29, 2015
$28,500
Seivright A Thomas
He Hill Foundation INC
Grant Deed
$27,000 · He Hill Foundation INC
Jun 24, 2015
$12,100
He Hill Foundation INC Dbp Of Trust
Lakes Dan Coc
Trustees Deed
related
—
Feb 26, 2010
—
Lta INC
—
Trustees Deed
related
$35,000 · Howard E Hill Foundation INC
May 10, 2005
$25,000
Lta INC
C & P Trailer Park INC
Warranty Deed
—
—
—
Lta INC
—
Deed Of Trust
related
$25,000 · Montura Land & Cattle INC
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
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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