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Property profile & analytics
OFF-MARKET
Turn key restaurants

1533 Railroad Ave Lake Worth, FL 33460-5540

636 SF 0.13 ac lot Built 1951
Entity Owned 2-yr Hold Free & Clear
Property ID
US18-1688180
Property summary
AI-generated overview

This exceptional 636 square foot restaurant space is ideally situated in Lake Worth, Florida, on Dixie Highway, just three miles from the popular Lake Worth Pier. The property's prime location ensures high visibility and easy accessibility for a consistent flow of customers, attracting both local residents and tourists. Zoned NC—NBHD COMMERC, this single-tenant space (APN: 38434434010000130) is perfect for a variety of food service concepts. Imagine a bustling café, a convenient fast-food establishment, an efficient off-site preparation kitchen, or a thriving delivery-focused business. The property's size makes it an excellent option for entrepreneurs seeking a manageable and profitable venture. The high traffic volume on Dixie Highway guarantees significant foot traffic and drive-by visibility, providing an ideal platform to establish a successful culinary enterprise within this vibrant community. This is a rare opportunity to secure a well-positioned restaurant space in a desirable location with strong potential for growth. The property offers a blank canvas for your culinary vision, allowing you to create a thriving business in a thriving community. Don't miss this chance to capitalize on the high-traffic location and establish your presence in the heart of Lake Worth.

Property profile
Verified
Property type Turn key restaurants
Use group RESTAURANT
Year built 1951
Construction CONCRETE
Total area 636 SF
Lot 0.13 ac (5,541 SF)
Zoning code NC
APN 38-43-44-34-01-000-0130
UPID US18-1688180
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
Lwb Professional Office LLC · 2 yrs held
Lwb Professional Office LLC
since 2024
Last sale
$190,000
2 recorded transactions
2024
$190,000
2001
$25,000
Zoning & alternative use
NC · Lake Worth, FL
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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