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2290 10Th Ave N, Lake Worth, FL 33461
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Property summary
AI-generated overview
This exceptional 1,000 square foot traditional office suite is ideally located at 2290 10th Ave N, Lake Worth Beach, FL 33461. The single-tenant space presents a fantastic opportunity for businesses seeking a comfortable and productive work environment. The suite is highly adaptable and can be divided to accommodate varying business needs. This property offers significant value, featuring a highly competitive rental rate. A unique incentive is included: three months of free rent on the base rent, one per year. This is a rare opportunity to secure a well-located, flexible office space in a thriving area of Lake Worth Beach at an exceptionally affordable price. The building is committed to providing a safe and enjoyable working environment for its tenants. The property is conveniently located in the 33461 zip code, offering easy access to local amenities and transportation. This is a perfect space for a business looking to establish or expand its presence in the vibrant Lake Worth Beach community. Don't miss this chance to secure your ideal office space.
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING (MULTI-STORY)
Year built
1985
Construction
STEEL FRAME
Total area
54,454 SF
Lot
6.59 ac (287,261 SF)
Zoning code
CS
APN
00-43-44-20-01-034-0060
UPID
US18-2703325
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
-
High School Vocational School
-
Vocational School Training Center
-
Loan Service Law Firm
-
Medical Clinic
Location
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$12.95M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$9.67M
Blend (final)
Blend
$15.49M
Owner & transaction history
since 2020
Last sale
$10.9M
4 recorded transactions
Zoning & alternative use
CS · Lake Worth, FL
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
Value estimation
Instant AI valuation built from comps, income signals, and proprietary benchmarks. A defensible range, not a single guess.
Unlock the complete Valuation workflow
Full NOI reconstruction, selected comps, alternative-use scenarios, data audit and PDF export.
All 4 comparables with addresses
2 alternative uses screened
Sensitivity value band
Source audit · 6 inputs
PDF export
Professional Plan · 30 reports
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Summary
1
Valuation conclusion
Included free
Estimated market value
$15.49M
Value range
$13.94M – $17.04M
±10% around blend
Estimated value / SF
$284 / SF
Confidence
Low
4 county-verified comps
Property data
100
Market benchmarks
67
Comparable evidence
40
$13.94M
blend $15.49M
$17.04M
Market-derived valuation under stabilized market assumptions. Desktop analysis. No physical inspection performed.
2
Subject property
Included free
GBA
54,454 SF
Lot area
6.59 ac
Year built
1985
Stories
6
APN
00-43-44-20-01-034-0060
Zoning
CS
Assessed value
$13,247,280
Annual tax
$220,332
3
Income approach: direct capitalization
Partial preview
Not enough income data on file for a CAP-approach estimation.
4
Sales comparison
Partial preview
Sales approach indication
$14.71M
Weighted, 4 comps · low confidence
Evidence
4 found · 4 selected
County-verified recorded sales
Comparable
Sale dateSale price$ / SF
14.5 mi away · 50,876 SF
21.2 mi away · 40,956 SF
22.8 mi away · 39,376 SF
5
Sensitivity & risk
Partial preview
Downside
−10%
Base
$15.49M
Upside
+10%
Bounds of the ±10% band vs the blend — never simulated scenarios.
6
Current market position
Included free
Benchmark
Observed band ($/SF)AverageSubject delta
Submarket 47 sales
$441
-35%
County 950 sales
$397
-28%
Band = middle half (Q1–Q3) of recorded sale $/SF for this use type per geography; the diamond marks the subject at $284/SF. Delta below average reads as headroom. Source: Realmo CRE sales derivatives (county records).
7
Data & methodology
Included free
Building area
County record
Property tax
County record
Assessed value
County record
Zoning designation
County record
Operating expenses
Not available
Market rent
Not available
Not analyzed due to unavailable source data: actual rent roll, tenant leases, physical condition and capital
requirements are outside a desktop analysis.
Cost Approach excluded: replacement-cost inputs are not on file.
Automated valuation analysis, not a licensed appraisal. Figures are derived from public
records and proprietary models. Desktop analysis: no physical inspection, tenant leases or reported
property income. Verify with a licensed appraiser before transacting.
Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
Unlock the complete Cap Rate workflow
Full market tables, editable assumptions, comparable evidence, saved work and exports.
9-scenario matrix
Comparable evidence · 4 sales
Market rates by use type
PDF export
Professional Plan · 30 reports
from $99/month
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Overview
Implied cap rate
9.90%
Implied, in-place cap rate for this office buildings
Estimated NOI ÷ last recorded sale. Refine with your own numbers in the full report.
Lower yield / higher price
Higher yield / lower price
5.0%
This property · 9.90%
9.0%
NOI (est.)
$763k *
Last sale · Oct 2020
$10.90M
* derived from a real price signal at a 7% cap
Price sensitivity
The rate is the decision lever; valuation is the consequence.
Test a cap rate
Implied value$7.71M
Move the market yield to see immediate price impact.
Value / SF
$142
Vs. selected
Base
Derivation
NOI ÷ cap
Arithmetic over the derived NOI * — not market scenario modeling.
NOI × cap matrix
Preview
Preview of 9 modeled outcomes.
NOI
9.40%9.90%10.40%
$687k
$7.31M
$6.94M
$6.60M
$763k
$8.12M
$7.71M
$7.34M
$839k
$8.93M
$8.48M
$8.07M
NOI sensitivity ±10% across the selected-rate band (±0.5 pp) — derivation of the NOI above.
Comparable evidence
Partial preview
Recorded sales nearby
4 found
Low confidence · county-verified
Closest comparable
$8.75M
8.8 mi · Dec 2025 · $206/SF
Property tax & assessments
Tax year 2023Property tax & assessments
Tax year 2023
Tax billed
$220,332
Tax year 2023
Assessed value
$13,247,280
Assessed 2023
Previous assessed
$11,000,000
+20.4% YoY
Effective rate
1.66%
On assessed value
Assessed land
$1,920,840
Assessed improvement
$11,326,440
Land market value
$1,920,840
Improvement market value
$11,326,440
Total market value
$13,247,280
Applied tax rate
203.0000
Automated cap rate analysis. Based on public records, market benchmarks and proprietary
models. Verify with a licensed professional before transacting.
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Office buildings
Use group
OFFICE BUILDING (MULTI-STORY)
Status
For Lease
Year built
1985
Construction
STEEL FRAME
Heating
NONE
Cooling
CENTRAL
Buildings
2
Stories
6
Total area
54,454 SF
Lot
6.59 ac (287,261 SF)
Zoning code
CS
APN
00-43-44-20-01-034-0060
UPID
US18-2703325
Jurisdiction
PALM BEACH
Metro division
WEST PALM BEACH-BOCA RATON-BOYNTON BEACH, FL METROPOLITAN DIVISION
Zoning & alternative use
CS · Lake Worth, FLZoning CS · permitted uses
CS · Lake Worth, FL
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Alternative use value scenarios
Repositioning upside vs current use
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Building & site characteristics
From public records
Year built
1985
Construction
STEEL FRAME
Heating
NONE
Cooling
Yes
Stories
6
Buildings
2
Lot
6.59 ac
Zoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
Zoning designation
County-recorded code
CS
Jurisdiction
Lake Worth, FL
Recorded code
CS
Ownership Intelligence
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Owner identityResolved entity and name variants
Portfolio holdingsLinked properties and estimated value
Deal signalsSell-side activity worth following
Debt & historyRecorded loans and transaction history
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Owner of record and activity signals are derived from public records and modeled classifications.
They do not confirm beneficial ownership or intent to transact.
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