3040 Military Trl Lake Worth, FL 33463-2111
Entity Owned
2-yr Hold
~
Est. High Equity
Estimated value (blended)
$4.00M
Range $3.60M – $4.40M (±10%)
Implied cap rate
6.50%
In-place · NOI ÷ last sale
Property ID
US18-4297616
Property profile
Verified
Property type
Strip malls
Use group
SHOPPING CENTER, STRIP CENTER
Year built
1987
Construction
CONCRETE
Total area
13,569 SF
Lot
2.07 ac (90,208 SF)
Zoning code
CG
APN
00-42-44-24-01-000-0021
UPID
US18-4297616
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
-
Wedding Service
-
Home Health Care Service
-
Bakery Take-out & Catering
-
Nightclub DJ & Entertainment
-
(Bike/Boat/Book/etc) Store Florist
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$4.00M
CAP Approach
CAP
$4.02M
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$4.00M
Owner & transaction history
since 2024
Last sale
$4.0M
7 recorded transactions
Zoning & alternative use
CG · Lake Worth, FL
Top alternative use upside
Commercial (general)
$6.2M
+26.3%
Office building
$6.0M
+21.2%
Auto repair, garage
$5.6M
+13.2%
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.
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Full NOI reconstruction, selected comps, alternative-use scenarios, data audit and PDF export.
All 3 comparables with addresses
6 alternative uses screened
Sensitivity value band
Source audit · 10 inputs
PDF export
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Summary
1
Valuation conclusion
Included free
Estimated market value
$4.00M
Value range
$3.60M – $4.40M
±10% around blend
Estimated value / SF
$295 / SF
Confidence
Low
3 county-verified comps
Property data
88
Market benchmarks
67
Comparable evidence
30
$3.60M
blend $4.00M
$4.40M
Market-derived valuation under stabilized market assumptions. Desktop analysis. No physical inspection performed.
2
Subject property
Included free
GBA
13,569 SF
Lot area
2.07 ac
Year built
1987
Stories
2
APN
00-42-44-24-01-000-0021
Assessed value
$3,250,203
Annual tax
$61,240
3
Income approach: direct capitalization
Partial preview
Income approach indication
$4.02M
Direct capitalization · @ 6.5% CAP return
@ 6% CAP return
$4.36M
@ 6.5% CAP return
$4.02M
@ 7% CAP return
$3.73M
4
Sales comparison
Partial preview
Sales approach indication
$9.04M
Weighted, 3 comps · low confidence
Evidence
3 found · 3 selected
County-verified recorded sales
Comparable
Sale dateSale price$ / SF
20.7 mi away · 14,408 SF
35.6 mi away · 10,240 SF
5
Sensitivity & risk
Partial preview
Downside
−10%
Base
$4.00M
Upside
+10%
Bounds of the ±10% band vs the blend — never simulated scenarios.
6
Current market position
Included free
Benchmark
Observed band ($/SF)AverageSubject delta
Submarket 30 sales
$364
-19%
County 164 sales
$395
-25%
Band = middle half (Q1–Q3) of recorded sale $/SF for this use type per geography; the diamond marks the subject at $295/SF. Delta below average reads as headroom. Source: Realmo CRE sales derivatives (county records).
7
Alternative use screening
Partial preview
Top alternative use
Commercial (general)
Gross theoretical uplift
+26%
vs current-use indication
Office Building
Auto Repair, Garage
Medical Building
Neighborhood: Shopping Center · current use
Values shown before conversion costs, entitlement costs, capital expenditures and stabilization risk.
8
Data & methodology
Included free
Building area
County record
Property tax
County record
Assessed value
County record
Zoning designation
Not available
Operating expenses
Not available
Market rent
Not available
Actual rent roll
Not available
Tenant leases
Not available
Physical condition
Not inspected
Conversion costs
Not available
Not analyzed due to unavailable source data: tenant leases, physical condition and capital
requirements were not available for this desktop analysis. Cost Approach excluded due to
availability of income evidence.
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.
17% off on annual
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Full market tables, editable assumptions, comparable evidence, saved work and exports.
9-scenario matrix
Comparable evidence · 3 sales
Market rates by use type
PDF export
Analytics Standard · 5 reports
from $99/month
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Overview
Implied cap rate
6.50%
Implied, in-place cap rate for this strip malls
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 · 6.50%
9.0%
NOI (est.)
$280k *
Last sale · May 2024
$4.00M
* 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$4.31M
Move the market yield to see immediate price impact.
Value / SF
$317
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
6.00%6.50%7.00%
$252k
$4.20M
$3.88M
$3.60M
$280k
$4.67M
$4.31M
$4.00M
$308k
$5.13M
$4.74M
$4.40M
NOI sensitivity ±10% across the selected-rate band (±0.5 pp) — derivation of the NOI above.
Comparable evidence
Partial preview
Recorded sales nearby
3 found
Low confidence · county-verified
Closest comparable
$3.25M
0.9 mi · Sep 2025 · $311/SF
Property tax & assessments
Tax year 2023Property tax & assessments
Tax year 2023
Tax billed
$61,240
Tax year 2023
Assessed value
$3,250,203
Assessed 2023
Previous assessed
$3,250,203
+0.0% YoY
Effective rate
1.88%
On assessed value
Assessed land
$855,008
Assessed improvement
$2,395,195
Land market value
$855,008
Improvement market value
$2,395,195
Total market value
$3,250,203
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
Strip malls
Use group
SHOPPING CENTER, STRIP CENTER
Status
Off-Market
Year built
1987
Construction
CONCRETE
Heating
NONE
Cooling
CENTRAL
Buildings
2
Stories
2
Total area
13,569 SF
Lot
2.07 ac (90,208 SF)
Zoning code
CG
APN
00-42-44-24-01-000-0021
UPID
US18-4297616
Jurisdiction
PALM BEACH
Metro division
WEST PALM BEACH-BOCA RATON-BOYNTON BEACH, FL METROPOLITAN DIVISION
Zoning & alternative use
CG · Lake Worth, FLZoning CG · permitted uses
CG · 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
1987
Construction
CONCRETE
Heating
NONE
Cooling
Yes
Stories
2
Buildings
2
Lot
2.07 ac
Zoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
Zoning designation
County-recorded code
CG
Jurisdiction
Lake Worth, FL
Recorded code
CG
Ownership Intelligence
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Owner identityResolved entity and name variants
Portfolio holdingsLinked properties and estimated value
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Debt & historyRecorded loans and transaction history
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Owner of record and activity signals are derived from public records and modeled classifications.
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