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Property profile & analytics
OFF-MARKET
Estimated value
$1,165,000
Drive through restaurants
127 Dixie Hwy Lake Worth, FL 33460-3347
Trust Owned
6-yr Hold
Free & Clear
Property ID
US18-0261237
Property summary
AI-generated overview
This exceptional 1,716 square foot retail space is ideally situated at 127 N Dixie Hwy in the vibrant Lake Worth Beach, Florida, market. Located in Palm Beach County, this single-tenant property offers unparalleled visibility and accessibility for businesses seeking a strong foothold in a thriving community. The building boasts a generous 1,716 square feet of completely vacant space, ready for immediate occupancy and customization to suit your specific needs. The property's convenient location ensures high foot traffic and easy access for customers. With a desirable 5:1 parking ratio, ample parking is readily available for both employees and patrons. This presents a unique opportunity for a variety of retail businesses to establish a prominent presence in a high-demand area. The property is classified as Commercial Retail and is available for lease. The address is 127 N Dixie Hwy, Lake Worth Beach, FL 33460. This location offers excellent potential for growth and success within a bustling commercial district. The property's size and location make it an attractive option for businesses seeking a high-impact retail presence in Lake Worth Beach. Don't miss this chance to secure a prime retail space in a thriving Florida market.
Property profile
Verified
Property type
Drive through restaurants
Use group
DRIVE-THRU RESTAURANT, FAST FOOD
Year built
2018
Construction
CONCRETE
Total area
2,297 SF
Lot
1.08 ac (46,949 SF)
Zoning code
DT
APN
38-43-44-21-15-016-0040
UPID
US18-0261237
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
-
Dr. G's Pharmacy Lake Worth Pharmacy
-
Family Bicycle (Bike/Boat/Book/etc) Store
-
Amazon Hub Counter - Family Bicycle Courier Service Postal Service
-
Urgent Care Lake Worth: Dr. G's Urgent Care Medical Clinic
-
Oxygenix Nail Lounge Lake Worth Nail Salon
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$1.12M
Blend (final)
Blend
$1.17M
Owner & transaction history
Florida Land Trust Svcs LLC · 6 yrs held
Florida Land Trust Svcs LLC
since 2020
7 recorded transactions
Zoning & alternative use
DT · 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
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$1.17M
Range $1.05M – $1.28M · ±10%
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
$507 / 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
$84,489
Tax year 2023
Assessed value
$3,645,541
Assessed 2023
Previous assessed
$3,477,882
+4.8% YoY
Effective rate
2.32%
On assessed value
Assessed land
$1,554,951
Assessed improvement
$2,090,590
Land market value
$1,554,951
Improvement market value
$2,090,590
Total market value
$3,645,541
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
Drive through restaurants
Use group
DRIVE-THRU RESTAURANT, FAST FOOD
Status
Off-Market
Year built
2018
Construction
CONCRETE
Heating
NONE
Cooling
CENTRAL
Buildings
2
Stories
1
Bathrooms
4
Total area
2,297 SF
Lot
1.08 ac (46,949 SF)
Zoning code
DT
APN
38-43-44-21-15-016-0040
UPID
US18-0261237
Jurisdiction
PALM BEACH
Metro division
WEST PALM BEACH-BOCA RATON-BOYNTON BEACH, FL METROPOLITAN DIVISION
Zoning & alternative use
DT · Lake Worth, FLZoning DT · permitted uses
DT · Lake Worth, FL
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Building & site characteristics
From public records
Year built
2018
Construction
CONCRETE
Heating
NONE
Cooling
Yes
Stories
1
Buildings
2
Bathrooms
4
Lot
1.08 ac
Current owner
From public records · entity-resolved
Florida Land Trust Svcs LLC
Trust
Free & Clear · 6 yrs held
Mailing address
2200 BUTTS RD STE #310, BOCA RATON, FL 33431-7453
Ownership since
2020
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
Mar 16, 2020
—
Florida Land Trust Svcs LLC
Engineering Southern
Grant Deed
—
Jul 14, 2017
—
Stateside Partners LLC
—
Loan Modification
related
$2,000,000 · Stonegate Bk
Dec 17, 2014
$125,000
Stateside Partners LLC
Southern Engineering & Const L
Quit Claim Deed
related
—
Jul 15, 2014
$335,000
Stateside Partners LLC
Jeffrey M Liggio
Warranty Deed
—
Jul 10, 2014
$16,900
Engineering Southern
Deputy Clerk Of Palm Beach County
Tax Deed
related
—
Dec 19, 2006
$170,000
Teresa Henry
Whitlock,david
Warranty Deed
$153,000 · Wachovia Mortgage Co
Mar 4, 2004
$235,000
David Whitlock
Vanderwoude,lois Tr
Grant Deed
$176,250 · Sib Mortgage Corp
Mar 6, 1997
$49,000
Lois V Woude
North,james S & Cristina M
Grant Deed
—
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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