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Property profile & analytics
OFF-MARKET Estimated value $550,000
Strip malls

1812 Dixie Hwy Lake Worth, FL 33460-6559

1,550 SF 0.11 ac lot Built 1959
Entity Owned 1-yr Hold ~ Est. High Equity
Property ID
US18-3643009
Property summary
AI-generated overview

This exceptional 570 sq ft retail space is ideally situated at 1812 N Dixie Highway in Lake Worth Beach, Florida (33460), within the historic College Park neighborhood. The property, a single-tenant unit in a three-storefront building, boasts high visibility and is conveniently located across from "The Mid" residential complex, with another new residential complex under construction nearby. This presents a unique opportunity for businesses seeking high foot traffic. The space underwent a complete renovation in 2020, featuring brand new hurricane impact windows and doors, stucco exterior, roof, flooring, plumbing, water lines, electrical systems, and upgraded lighting. Parking is ample, with at least four designated spaces and an additional six to seven spaces available. The lease price is all-inclusive, excluding water and electricity, which are the tenant's responsibility. The property is zoned MU-DH( and has an APN of 38434415160430010. This turnkey space is perfect for a salon, storefront, or office, requiring minimal build-out. Don't miss this rare opportunity to establish your business in a thriving location.

Property profile
Verified
Property type Strip malls
Use group SHOPPING CENTER, STRIP CENTER
Year built 1959
Construction CONCRETE
Total area 1,550 SF
Lot 0.11 ac (5,001 SF)
Zoning code MU-DIXIE
APN 38-43-44-15-16-043-0010
UPID US18-3643009
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
$460k
Comparable Approach Comparable
$639k
Blend (final) Blend
$550k
Owner & transaction history
Pbc Land Development LLC · 1 yrs held
Pbc Land Development LLC
since 2025
Last sale
$550,000
7 recorded transactions
2025
$550,000
2018
$235,000
2016
Price N/A
2002
$106,700
1998
$52,000
1969
Price N/A
1969
Price N/A
Zoning & alternative use
MU-DIXIE · Lake Worth, FL
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Auto repair, garage $640,000 +13.2%
Medical building $610,000 +8.4%
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