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Property profile & analytics
OFF-MARKET
Estimated value
$785,000
Manufacturing properties
1820 7th N Ave Lake Worth Beach, FL 33461-3805
Trust Owned
12-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US18-6292990
Property profile
Verified
Property type
Manufacturing properties
Use group
MANUFACTURING (LIGHT)
Year built
1954
Construction
CONCRETE
Total area
5,280 SF
Lot
1.14 ac (49,789 SF)
Zoning code
I-POC
APN
38-43-44-21-02-014-0030
UPID
US18-6292990
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
Current use
Occupant on record · Public records
-
Granite Color Building Supply
-
BRAZILIAN GRANITE FABRICATOR Building Supply Hardware & Home Improvement
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$530k
CAP Approach
CAP
$875k
Comparable Approach
Comparable
$953k
Blend (final)
Blend
$785k
Owner & transaction history
Romanelli,maria Living Trust · 12 yrs held
Romanelli,maria Living Trust
since 2014
4 recorded transactions
Zoning & alternative use
I-POC · Lake Worth Beach, FL
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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 Worth Beach submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Lake Worth Beach 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
$530,000
CAP Approach
CAP Return
Estimation
6%
$950,000
6.5%
$875,000
7%
$815,000
Blend value · Realmo final
$785k
Range $707k – $864k · ±10%
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
$149 / 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
$26,789
Tax year 2023
Assessed value
$1,142,617
Assessed 2023
Previous assessed
$1,026,939
+11.3% YoY
Effective rate
2.34%
On assessed value
Assessed land
$696,036
Assessed improvement
$446,581
Land market value
$696,036
Improvement market value
$446,581
Total market value
$1,142,617
Applied tax rate
38,453.0000
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
Manufacturing properties
Use group
MANUFACTURING (LIGHT)
Status
Off-Market
Year built
1954
Construction
CONCRETE
Heating
NONE
Cooling
NONE
Stories
1
Total area
5,280 SF
Lot
1.14 ac (49,789 SF)
Zoning code
I-POC
APN
38-43-44-21-02-014-0030
UPID
US18-6292990
Jurisdiction
PALM BEACH
Metro division
WEST PALM BEACH-BOCA RATON-BOYNTON BEACH, FL METROPOLITAN DIVISION
Zoning & alternative use
I-POC · Lake Worth Beach, FL
Zoning I-POC · permitted uses
I-POC · Lake Worth Beach, FL
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Lake Worth Beach. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1954
Construction
CONCRETE
Heating
NONE
Cooling
Yes
Stories
1
Lot
1.14 ac
Current owner
From public records · entity-resolved
Romanelli,maria Living Trust
Trust
Mailing address
128 VIZCAYA ESTS DR, PALM BEACH GARDENS, FL 33418-1735
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2014
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
4 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jun 17, 2014
$525,000
Romanelli,maria Living Trust
Colatina LLC
Warranty Deed
—
Aug 8, 2006
$1,100,000
Colatina LLC
Mn Kessler Holdings INC
Warranty Deed
$550,000 · Bank Of America
Aug 8, 2002
$500,000
M N Kessler Holdings INC
Esser Buerkle Sports Enterpris
Grant Deed
related
$475,000 · California Bank & Trust
—
—
Mn Kessler Holdings INC
—
Deed Of Trust
related
$731,000 · Wachovia Bank NA
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.
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