Technical
Financial
Distress signals
Property profile

2121 10Th Ave Lake Worth, FL 33461

FOR SALE
Strip malls
Property ID
US18-3891594
31,092 SF 2.64 ac lot Built 1982
Entity Owned 6-yr Hold Free & Clear
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Property summary

AI-generated overview

This 800-square-foot retail space is located at 2121 10th Avenue N in Lake Worth Beach, Florida, zip code 33461. The property is a single-tenant space within a busy plaza, conveniently situated just off I-95, offering excellent visibility and accessibility. The property type is retail, with a zoning designation of MU-W(c). The lot size is not specified. The building consists of only one suite. The current tenant will be vacating at the end of September, presenting a timely opportunity for a new business to establish itself in this prime location. Detailed information regarding permitted uses is available in supplementary documents and a brochure. The property's APN is 38434420010320010. This high-traffic location offers significant potential for a variety of retail businesses. Interested parties should review the provided documentation for a complete understanding of zoning regulations and permitted uses. The property's latitude and longitude coordinates are 26.6272042 and -80.0740925, respectively.

Property profile

Verified
Property type Strip malls
Use group SHOPPING CENTER, STRIP CENTER
Year built 1982
Construction CONCRETE
Total area 31,092 SF
Lot 2.64 ac (114,977 SF)
Zoning code MU-W
APN 38-43-44-20-01-032-0010
UPID US18-3891594

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Medical Clinic
  • Church
  • Physician
  • Alternative Medicine Practice
  • Alternative Medicine Practice

Location

2121 10Th Ave Lake Worth, FL 33461
Lake Worth metro Census 4500 MIAMI-FORT LAUDERDALE-MIAMI BEACH, FL METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
$5.03M

Owner & transaction history

since 2019
4 recorded transactions
2022
Price N/A
2019
$5.0M
2002
$1.4M
1998
$1.5M

Zoning & alternative use

MU-W · Lake Worth Beach, FL
Zoning description

The MU-W mixed use district is intended to provide for the establishment and expansion of a broad range of office and commercial uses, including moderate intensity and higher intensity commercial, hotel or motel and medi…

General category MIXED_USE

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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