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Property profile & analytics
OFF-MARKET Estimated value $820,000
Retail space

32 Dixie Hwy Lake Worth, FL 33460-3728

3,159 SF 0.45 ac lot Built 1930
Entity Owned 4-yr Hold Absentee Owner ~ Est. High Equity
Property ID
US18-3230451
Property summary
AI-generated overview

This freestanding retail building, totaling 18,951 square feet, is situated on a 0.45-acre lot in the heart of Downtown Lake Worth Beach, Florida, at 32 S Dixie Hwy, zip code 33460. The property boasts a highly visible location on S Dixie Highway, offering excellent signage opportunities. The building features an open and spacious floor plan, ideal for a variety of retail uses. Ground floor space is suitable for retail or office use, complemented by a permitted 6,384 square foot mezzanine accessible via a grand staircase. The property includes four restrooms and two roll-up doors. Ample on-site parking is available, further enhanced by an adjacent 0.13-acre vacant lot, providing potential for expansion or additional parking. The building's former use as an art gallery showcases its adaptability. Its proximity to I-95 and A1A ensures easy access for customers and employees. The vibrant Downtown Lake Worth area offers a thriving environment with numerous restaurants, shops, and services within walking distance. This presents a unique opportunity to establish a business in a dynamic and culturally rich community.

Property profile
Verified
Property type Retail space
Use group RETAIL STORES (PERSONAL SERVICES)
Year built 1930
Construction WOOD
Total area 3,159 SF
Lot 0.45 ac (19,419 SF)
Zoning code DT
APN 38-43-44-21-15-017-0010
UPID US18-3230451
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
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
$820k
Comparable Approach Comparable
$691k
Blend (final) Blend
$820k
Owner & transaction history
Kodner Real Estate Holdings LLC · 4 yrs held
Kodner Real Estate Holdings LLC
since 2022
7 recorded transactions
2022
Price N/A
2021
Price N/A
2011
Price N/A
2005
Price N/A
1969
Price N/A
1969
Price N/A
1969
Price N/A
Zoning & alternative use
DT · Lake Worth, FL
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Auto repair, garage $1.3M +43.4%
Medical building $1.2M +37.3%
Neighborhood: shopping center $1.2M +26.7%
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