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    Property profile & analytics

    3109 2Nd Ave N Lake Worth, FL 33461

    • Retail space
    • 2,250 SF
    • 0.34 lot acres
    For Sale
    View listing
    $1,500,000
    Value Estimation
    Last Sale
    Apr 08, 2021
    $400,000
    Location Intelligence
    Property ID
    US18-7493286
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Master Brick Pavers Inc / Paving Contractor

    Property Details for 3109 2Nd Ave N

    Year built
    1951
    Construction
    CONCRETE
    Lot size
    0.34 lot acres
    Property size
    2,250 SF
    Zone code
    RM
    Property type
    Retail space
    APN
    70-43-44-19-08-000-0070
    APU
    70434419080000070

    Description

    This exceptional Palm Springs, Florida industrial property, located at 3109 2nd Avenue N, is offered at $1,500,000. This 2,250 square foot warehouse, built in 1951, sits on a corner lot in the 33461 zip code. The property is zoned for both commercial and residential use and features a main warehouse space, complemented by an office, a showroom, and additional storage areas. There are also two bathrooms included within the building. The warehouse offers ample space for equipment storage and boasts a paved lot, ensuring convenient parking. The property's location provides easy access to major transportation routes. The building is situated on a fenced lot, offering security and privacy. While the lot size is not specified, the listing mentions three lots (7,8,9) are included in the sale. This versatile property presents a unique opportunity for a variety of businesses seeking a well-maintained warehouse with additional space and convenient features in a desirable Palm Beach County location. The property's combination of warehouse space, office area, and showroom makes it ideal for a range of commercial uses.

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $475,000

    • CAP approach

      CAP return
      Estimation
      6%
      $435,000
      6.5%
      $425,000
      7%
      $415,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $370,000
      Geo Method
      $345,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $455,000
      Retail
      $375,000
      Mixed-Use
      $365,000
      Hospitality
      $455,000
      Educational
      $480,000
      Residential Income
      $445,000
      Energy
      $440,000
      Income-Based Land
      $415,000
      Food Service
      $465,000

    Location Insight

    • Map
    • Local Demand
    City
    Palm Springs
    County
    Palm Beach
    State
    Florida
    Longitude
    -80.0909
    Latitude
    26.6197
    CBSA code
    33100
    CBSA name
    MIAMI-FORT LAUDERDALE-MIAMI BEACH, FL METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $9,058
    $204,526
    $228,162
    $432,688
    -
    $204,526
    $228,162
    $432,688

    Comparable in this City

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      5,016 SF

      3156 Congress Ave

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    • Value Estimation
      $345,000
      2,730 SF

      3130 Congress Ave

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    • Value Estimation by Request
      3,860 SF

      4077 Lk Worth Rd

      RETAIL STORES (PERSONAL SERVICES) • 3,860 SF
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    • Value Estimation by Request
      22,078 SF

      4301 Lk Worth Rd

      RETAIL STORES (PERSONAL SERVICES) • 22,078 SF
      4301 Lk Worth Rd, Lake Worth, FL 33461-3928
      View Details
    • Value Estimation
      $345,000
      4,233 SF

      3921 10th N Ave

      RETAIL STORES (PERSONAL SERVICES) • 4,233 SF
      3921 10th N Ave, Palm Springs, FL 33461-2809
      View Details

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    3109 2Nd Ave N
    Lake Worth, FL 33461
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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