Back to Search
Property profile & analytics
OFF-MARKET
Turn key restaurants
1440 10th St Lake Park, FL 33403-2037
Entity Owned
5-yr Hold
Absentee Owner
Free & Clear
Property ID
US18-2811568
Property profile
Verified
Property type
Turn key restaurants
Use group
RESTAURANT
Year built
1966
Construction
CONCRETE
Total area
3,144 SF
Lot
0.28 ac (12,005 SF)
Zoning code
C2
APN
36-43-42-20-04-132-0050
UPID
US18-2811568
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
Bk2 Brothers LLC · 5 yrs held
Bk2 Brothers LLC
since 2020
7 recorded transactions
Zoning & alternative use
C2 · Lake Park, FL
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description
The purpose of this zoning district is to provide appliance stores, including radio and television services, bakeries having not more than five employees, banks, barbershops, beauty shops, chiropodists and masseurs, grocery stores, shops, including shops for making articles without use of machinery, to be sold, at retail on the premises
Zone name
Business District
General category
COMMERCIAL
Zone area
163.70 ac
Source
Realmo
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
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
$13,752
Tax year 2023
Assessed value
$500,658
Assessed 2023
Previous assessed
$471,569
+6.2% YoY
Effective rate
2.75%
On assessed value
Assessed land
$200,467
Assessed improvement
$300,191
Land market value
$200,467
Improvement market value
$300,191
Total market value
$500,658
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
Turn key restaurants
Use group
RESTAURANT
Status
Off-Market
Year built
1966
Construction
CONCRETE
Heating
FORCED AIR
Cooling
CENTRAL
Stories
1
Total area
3,144 SF
Lot
0.28 ac (12,005 SF)
Zoning code
C2
APN
36-43-42-20-04-132-0050
UPID
US18-2811568
Jurisdiction
PALM BEACH
Metro division
WEST PALM BEACH-BOCA RATON-BOYNTON BEACH, FL METROPOLITAN DIVISION
Zoning & alternative use
C2 · Lake Park, FLZoning C2 · permitted uses
C2 · Lake Park, FL
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Zoning description
The purpose of this zoning district is to provide appliance stores, including radio and television services, bakeries having not more than five employees, banks, barbershops, beauty shops, chiropodists and masseurs, grocery stores, shops, including shops for making articles without use of machinery, to be sold, at retail on the premises
Zone name
Business District
General category
COMMERCIAL
Zone area
163.70 ac
Source
Realmo
Building & site characteristics
From public records
Year built
1966
Construction
CONCRETE
Heating
FORCED AIR
Cooling
Yes
Stories
1
Lot
0.28 ac
Current owner
From public records · entity-resolved
Bk2 Brothers LLC
Entity
Free & Clear · 5 yrs held
Mailing address
7354 SHELL RDG TER, LAKE WORTH, FL 33467-7703
Mailing matches property
Different — outreach signal
Owner-occupied
No
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
7 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Aug 13, 2020
—
Bk2 Brothers LLC
Finalia P Lay
Correction Deed
related
—
Jul 17, 2020
—
Bk2 Brothers LLC
Finalia P Lay
Quit Claim Deed
related
—
May 30, 2019
$350,000
Finalia P Lay
Suntrust Bk
Grant Deed
—
Nov 21, 2018
$225,300
Suntrust Bk
Prontis Italian Kitche Coc
Trustees Deed
related
—
Aug 18, 2017
$875,000
Tomorrowland Management LLC
Lake Park Investments INC
Warranty Deed
—
Jun 9, 1998
$215,000
Wojciechowski,douglas
Pronti,robert L
Trustees Deed
—
Jun 9, 1998
—
Wojo Corp
Pronti,robert L
Trustees Deed
$485,000 · Zions First National Bank
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?”
You own 1440 10th St?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
List this address →
Full reports are paid
Unlock the full Property Analytics report
Start free for 7 days — no card required. Full owner contacts, all 4 valuations with methodology, refine flow, comparable adjustments, foot-traffic deep dive, export to PDF / CSV.
