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Property profile & analytics
FOR SALE
Industrial properties
1300 Old Dixie Hwy Lake Park, FL 33403
Entity Owned
Free & Clear
Property ID
US18-8046408
For Sale
1 / 20
$4,955,000
1300 Old Dixie Hwy, Lake Park, FL 33403
View Listing →
Property profile
Verified
Property type
Industrial properties
Use group
MIXED USE (COMMERCIAL/INDUSTRIAL)
Year built
1986
Construction
CONCRETE
Total area
18,762 SF
Lot
1.26 ac (54,886 SF)
Zoning code
C4
APN
36-43-42-20-09-000-0991
UPID
US18-8046408
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
$4.38M
Comparable Approach
Comparable
$5.94M
Blend (final)
Blend
$4.96M
Owner & transaction history
Facility Solutions Group INC
Facility Solutions Group INC
since 2025
Last sale
$4.8M
7 recorded transactions
Zoning & alternative use
C4 · Lake Park, FL
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Industrial (general)
$7.8M
+7.4%
Retail stores
$7.8M
+6.8%
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 Park submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Lake Park 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%
$4,745,000
6.5%
$4,380,000
7%
$4,070,000
Alternative Use
Use
Estimation
COMMERCIAL (GENERAL)
$7,290,000
Current use
INDUSTRIAL (GENERAL)
$7,830,000
Change: +7% · Conversion: Moderate
RETAIL STORES
$7,785,000
Change: +7% · Conversion: Easy
Blend value · Realmo final
$4.96M
Range $4.46M – $5.45M · ±10% · vs last sale $4.75M (Jun 22 2025)
Last sale anchor
$4.75M
Jun 22 2025
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
$264 / 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
$48,291
Tax year 2023
Assessed value
$2,229,316
Assessed 2023
Previous assessed
$1,829,493
+21.9% YoY
Effective rate
2.17%
On assessed value
Assessed land
$812,386
Assessed improvement
$1,416,930
Land market value
$812,386
Improvement market value
$1,416,930
Total market value
$2,229,316
Applied tax rate
36,501.0000
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
Industrial properties
Use group
MIXED USE (COMMERCIAL/INDUSTRIAL)
Status
For Sale
Year built
1986
Construction
CONCRETE
Heating
NONE
Cooling
NONE
Stories
1
Total area
18,762 SF
Lot
1.26 ac (54,886 SF)
Zoning code
C4
APN
36-43-42-20-09-000-0991
UPID
US18-8046408
Jurisdiction
PALM BEACH
Metro division
WEST PALM BEACH-BOCA RATON-BOYNTON BEACH, FL METROPOLITAN DIVISION
Zoning & alternative use
C4 · Lake Park, FL
Zoning C4 · permitted uses
C4 · Lake Park, FL
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Lake Park. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
COMMERCIAL (GENERAL) Current
Est. value
$7.3M
INDUSTRIAL (GENERAL)
Est. value
$7.8M
RETAIL STORES
Est. value
$7.8M
COMMERCIAL (GENERAL) Current
INDUSTRIAL (GENERAL)
RETAIL STORES
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Alternative use deep dive
Conversion cost · permit path · stabilized NOI per option
Building & site characteristics
From public records
Year built
1986
Construction
CONCRETE
Heating
NONE
Cooling
Yes
Stories
1
Lot
1.26 ac
Current owner
From public records · entity-resolved
Facility Solutions Group INC
Entity
Free & Clear · 0 yrs held
Mailing address
1680 MICHIGAN AVE STE #700, MIAMI BEACH, FL 33139-2551
Ownership since
2025
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
7 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Sep 22, 2025
$4,750,000
Facility Solutions Group INC
1300 Old Dixie LLC
Special Warranty Deed
—
Mar 23, 2020
—
1300 Old Dixie LLC
—
Deed
related
$790,000 · First Nat'l Bk/s Miami
Nov 7, 2014
$1,025,000
1300 Old Dixie LLC
Old Dixie Associates LLC
Warranty Deed
$790,000 · First National Bank Of South Miami
Sep 15, 2005
$1,850,000
Old Dixie Associates LLC
Mina,stere & Joita
Warranty Deed
$1,295,000 · Grand Bank & Trust Of Florida
Sep 12, 2003
$1,575,000
Stere Mina
Excellent Properties INC
Grant Deed
$1,000,000 · Fidelity Federal Bank & Trust
Aug 3, 2001
$1,060,000
Excellent Properties INC
George E Stradley Trustee
Grant Deed
$795,000 · Advantage Bank Fsb
—
—
1300 Old Dixie LLC
—
Loan Modification
related
$790,000 · First Nat'l Bk/s Miami
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
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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