For Sale
1 / 20
$4,955,000
1300 Old Dixie Hwy, Lake Park, FL 33403
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Estimated value (blended)
$4.96M
Range $4.46M – $5.45M (±10%)
Property ID
US18-8046408
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
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
since 2025
Last sale
$4.8M
7 recorded transactions
Zoning & alternative use
C4 · Lake Park, FL
Zoning description
The purpose of the regulations in this district is to encourage the development or redevelopment of uses which are compatible with the uses of the surrounding or abutting districts, and to provide for appropriate landsca…
General category
COMMERCIAL
Top alternative use upside
Industrial (general)
$7.8M
+7.4%
Retail stores
$7.8M
+6.8%
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
Value estimation
Instant AI valuation built from comps, income signals, and proprietary benchmarks. A defensible range, not a single guess.
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Unlock the complete Valuation workflow
Full NOI reconstruction, selected comps, alternative-use scenarios, data audit and PDF export.
Full NOI build-up · 6 steps
All 6 comparables with addresses
3 alternative uses screened
Sensitivity value band
Source audit · 10 inputs
PDF export
Analytics Standard · 5 reports
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Summary
1
Valuation conclusion
Included free
Estimated market value
$4.96M
Value range
$4.46M – $5.45M
±10% around blend
Estimated value / SF
$264 / SF
Confidence
High
6 county-verified comps
Property data
88
Market benchmarks
67
Comparable evidence
60
Income certainty
100
$4.46M
blend $4.96M
$5.45M
Market-derived valuation under stabilized market assumptions. Desktop analysis. No physical inspection performed.
2
Subject property
Included free
GBA
18,762 SF
Lot area
1.26 ac
Year built
1986
Stories
1
APN
36-43-42-20-09-000-0991
Assessed value
$2,229,316
Annual tax
$48,291
3
Income approach: direct capitalization
Partial preview
Income approach indication
$4.38M
Direct capitalization · @ 6.5% CAP return
@ 6% CAP return
$4.75M
@ 6.5% CAP return
$4.38M
@ 7% CAP return
$4.07M
Estimated Stabilized NOI, derived from market rent, vacancy and expense benchmarks. Actual property income not reported.
Estimated market rent / SF
Potential gross income
Vacancy allowance
Effective gross income
Benchmark operating expenses
Stabilized NOI
Property tax
$48,291
Selected cap rate
4
Sales comparison
Partial preview
Sales approach indication
$4.28M
Weighted, 6 comps · high confidence
Evidence
6 found · 6 selected
County-verified recorded sales
Comparable
Sale dateSale price$ / SF
2.3 mi away · 13,745 SF
2.8 mi away · 19,270 SF
2.9 mi away · 15,268 SF
23.3 mi away · 21,005 SF
23.5 mi away · 14,700 SF
5
Sensitivity & risk
Partial preview
Downside
−10%
Base
$4.96M
Upside
+10%
Bounds of the ±10% band vs the blend — never simulated scenarios.
6
Current market position
Included free
Benchmark
Observed band ($/SF)AverageSubject delta
Submarket 370 sales
$389
-32%
County 866 sales
$470
-44%
Band = middle half (Q1–Q3) of recorded sale $/SF for this use type per geography; the diamond marks the subject at $264/SF. Delta below average reads as headroom. Source: Realmo CRE sales derivatives (county records).
7
Alternative use screening
Partial preview
Top alternative use
Industrial (general)
Gross theoretical uplift
+7%
vs current-use indication
Retail Stores
Commercial (general) · current use
Values shown before conversion costs, entitlement costs, capital expenditures and stabilization risk.
8
Data & methodology
Included free
Building area
County record
Property tax
County record
Assessed value
County record
Zoning designation
Not available
Operating expenses
Modeled
Market rent
Market benchmark
Actual rent roll
Not available
Tenant leases
Not available
Physical condition
Not inspected
Conversion costs
Not available
Not analyzed due to unavailable source data: tenant leases, physical condition and capital
requirements were not available for this desktop analysis. Cost Approach excluded due to
availability of income evidence.
Automated valuation analysis, not a licensed appraisal. Figures are derived from public
records and proprietary models. Desktop analysis: no physical inspection, tenant leases or reported
property income. Verify with a licensed appraiser before transacting.
Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
17% off on annual
Unlock the complete Cap Rate workflow
Full market tables, editable assumptions, comparable evidence, saved work and exports.
9-scenario matrix
Comparable evidence · 6 sales
NOI build-up · 9 steps
Market rates by use type
PDF export
Analytics Standard · 5 reports
from $99/month
from $99/month
Overview
Selected market yield
64,773.33%
Selected cap rate for this industrial properties
Derived from the Lake Park market rent, vacancy and expense benchmarks for this use type.
NOI (est.)
$19k *
Last sale · Jun 2025
$4.75M
* derived from a real price signal at a 7% cap
Price sensitivity
The rate is the decision lever; valuation is the consequence.
Test a cap rate
Implied value$30
Move the market yield to see immediate price impact.
Value / SF
$0
Vs. selected
Base
Derivation
NOI ÷ cap
Arithmetic over the derived NOI * — not market scenario modeling.
NOI × cap matrix
Preview
Preview of 9 modeled outcomes.
NOI
64,772.83%64,773.33%64,773.83%
$17k
$27
$27
$27
$19k
$30
$30
$29
$21k
$32
$32
$32
NOI sensitivity ±10% across the selected-rate band (±0.5 pp) — derivation of the NOI above.
Comparable evidence
Partial preview
Recorded sales nearby
6 found
High confidence · county-verified
Closest comparable
$3.90M
1.9 mi · Sep 2025 · $174/SF
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
Automated cap rate analysis. Based on public records, market benchmarks and proprietary
models. Verify with a licensed professional before transacting.
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, FLZoning C4 · permitted uses
C4 · Lake Park, FL
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Zoning description
The purpose of the regulations in this district is to encourage the development or redevelopment of uses which are compatible with the uses of the surrounding or abutting districts, and to provide for appropriate landsca…
General category
COMMERCIAL
Alternative use value scenarios
Repositioning upside vs current use
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · 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
Zoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
Zoning designation
Matched to the official district catalog
C4
COMMERCIAL
Jurisdiction
Lake Park, FL
Recorded code
C4
Official district
C4
Zoning Insight
What can be built and operated here — officially.
The district profile from the municipal source: what is on file for C4 in Lake Park, FL.
What opens after registration
Zoning profile
Official descriptionThe district text from the municipal code
District factsZone name, category and district area
Cited sourceThe exact document the profile quotes
Match provenanceAssignment basis, match tier and confidence
Private report access
See the official zoning profile for this address.
Registration is required before the official district profile is shown.
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Ownership Intelligence
Find the owner behind the property.
Unlock the evidence behind ownership: portfolio, transactions, debt and signals that help you decide who to contact next.
What opens after registration
Ownership report
Owner identityResolved entity and name variants
Portfolio holdingsLinked properties and estimated value
Deal signalsSell-side activity worth following
Debt & historyRecorded loans and transaction history
Private report access
See the ownership record for this address.
Registration is required before any owner information is shown.
One complete report on every paid plan · 5 · 30 · 100 reports per month.
Owner of record and activity signals are derived from public records and modeled classifications.
They do not confirm beneficial ownership or intent to transact.
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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