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Property profile & analytics
OFF-MARKET
Estimated value
$520,000
Grocery and convenience stores
3191 Military Trl, Lake Worth, FL 33463-2101
Entity Owned
8-yr Hold
~
Est. High Equity
Property ID
US18-0914763
Property profile
Verified
Property type
Grocery and convenience stores
Use group
CONVENIENCE STORE
Year built
1997
Construction
CONCRETE
Total area
1,824 SF
Lot
0.77 ac (33,541 SF)
Zoning code
CG
APN
00-42-44-24-01-000-0120
UPID
US18-0914763
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
-
Orion Gas Station
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$510k
CAP Approach
CAP
$540k
Comparable Approach
Comparable
$512k
Blend (final)
Blend
$520k
Owner & transaction history
Orion 10th Ave LLC · 8 yrs held
Orion 10th Ave LLC
since 2018
7 recorded transactions
Zoning & alternative use
CG · Lake Worth, FL
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Commercial (general)
$840,000
+26.3%
Office building
$805,000
+21.2%
Auto repair, garage
$750,000
+13.2%
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 submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Lake Worth 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
$510,000
CAP Approach
CAP Return
Estimation
6%
$585,000
6.5%
$540,000
7%
$500,000
Alternative Use
Use
Estimation
NEIGHBORHOOD: SHOPPING CENTER
$665,000
Current use
COMMERCIAL (GENERAL)
$840,000
Change: +26% · Conversion: Easy
OFFICE BUILDING
$805,000
Change: +21% · Conversion: Moderate
AUTO REPAIR, GARAGE
$750,000
Change: +13% · Conversion: Difficult
MEDICAL BUILDING
$720,000
Change: +8% · Conversion: Difficult
RETAIL STORES
$565,000
Change: -15% · Conversion: Easy
Blend value · Realmo final
$520k
Range $468k – $572k · ±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
$285 / 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
$31,808
Tax year 2023
Assessed value
$1,802,630
Assessed 2023
Previous assessed
$1,751,262
+2.9% YoY
Effective rate
1.76%
On assessed value
Assessed land
$1,245,339
Assessed improvement
$557,291
Land market value
$1,245,339
Improvement market value
$557,291
Total market value
$1,802,630
Applied tax rate
202.0000
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
Grocery and convenience stores
Use group
CONVENIENCE STORE
Status
Off-Market
Year built
1997
Construction
CONCRETE
Heating
NONE
Cooling
CENTRAL
Stories
1
Units
6
Total area
1,824 SF
Lot
0.77 ac (33,541 SF)
Zoning code
CG
APN
00-42-44-24-01-000-0120
UPID
US18-0914763
Jurisdiction
PALM BEACH
Metro division
WEST PALM BEACH-BOCA RATON-BOYNTON BEACH, FL METROPOLITAN DIVISION
Zoning & alternative use
CG · Lake Worth, FL
Zoning CG · permitted uses
CG · Lake Worth, FL
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Lake Worth. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
NEIGHBORHOOD: SHOPPING CENTER Current
Est. value
$665,000
COMMERCIAL (GENERAL)
Est. value
$840,000
OFFICE BUILDING
Est. value
$805,000
AUTO REPAIR, GARAGE
Est. value
$750,000
MEDICAL BUILDING
Est. value
$720,000
RETAIL STORES
Est. value
$565,000
NEIGHBORHOOD: SHOPPING CENTER Current
COMMERCIAL (GENERAL)
OFFICE BUILDING
AUTO REPAIR, GARAGE
MEDICAL BUILDING
RETAIL STORES
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Alternative use deep dive
Conversion cost · permit path · stabilized NOI per option
Building & site characteristics
From public records
Year built
1997
Construction
CONCRETE
Heating
NONE
Cooling
Yes
Stories
1
Units
6
Lot
0.77 ac
Current owner
From public records · entity-resolved
Orion 10th Ave LLC
Entity
Mailing address
5200 NW 77TH CT, DORAL, FL 33166-4702
Ownership since
2018
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
12 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Apr 27, 2018
$1,900,000
Orion 10th Ave LLC
Asraa Investments LLC
Warranty Deed
$1,600,000 · Inversora Multinacional Ca
Apr 2, 2012
$2,200,000
Asraa Investments LLC
Cbb Oreo Lake Worth LLC
Quit Claim Deed
related
$1,100,000 · Community Bank Of Broward
Dec 1, 2011
$582,900
Cbb Oreo Lake Worth LLC
Kornblum Invs LLC Coc
Trustees Deed
related
—
Jul 15, 2008
$1,000,000
Kornblum Investments LLC
Tenth Avenue Petroleum LLC
Warranty Deed
$2,222,500 · Community Bank Of Broward
Sep 12, 2006
$1,000,000
Tenth Avenue Petroleum LLC
Hampar Sh INC
Warranty Deed
$2,222,500 · Community Bank Of Broward
Dec 22, 2005
$950,000
Hampar Sh INC
Aar Properties LLC
Warranty Deed
—
—
—
Nifakos Enterprises INC
—
Deed Of Trust
related
$300,000 · Amerada Hess Corp
—
—
Asraa Investments LLC
—
Deed Of Trust
related
—
—
—
Asraa Investments LLC
—
Deed Of Trust
related
$1,100,000 · Community Bank Of Broward
—
—
Hampar Sh INC
—
Deed Of Trust
related
$1,600,000 · Citicorp Leasing INC
—
—
Asraa Investments LLC
—
Deed Of Trust
related
$660,000 · Florida Business Dev Corp
—
—
Asraa Investments LLC
—
Deed Of Trust
related
$660,000 · Community Bank Of Broward
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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