Add Listing
Property Lookup
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings
    Property profile & analytics

    327 3rd St Lantana, FL 33462-3166

    • Industrial properties
    • 6,370 SF
    • 0.38 lot acres
    OFF-MARKET
    Value Estimations
    $1,610,000
    Show details
    Cap Rate Potential
    Location Intelligence
    Property ID
    US18-4683734
    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

    • Industrial properties

    Property Details for 327 3rd St

    Year built
    1983
    Construction
    CONCRETE
    Lot size
    0.38 lot acres
    Property size
    6,370 SF
    Zone code
    C1
    Property type
    Industrial properties
    Property subtype
    Industrial live-work properties
    APN
    40-43-45-03-13-000-0032
    APU
    40434503130000032

    Value Estimations

    based on Realmo’s proprietary methodology

    • CAP approach

      CAP Return
      Estimation
      6%
      $1,830,000
      6.5%
      $1,690,000
      7%
      $1,570,000

    • Comparable approach

      Method
      Estimation
      AI Estimate
      $1,659,000
      Market price range: $464k - $5.32M

    Get a detailed, property-specific valuation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    Lantana
    County
    Palm Beach
    State
    Florida
    Longitude
    -80.053
    Latitude
    26.5823
    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
    $14,760
    $297,630
    $424,842
    $722,472
    -
    $297,630
    $424,842
    $722,472

    Comparable in this City

    • Value Estimation
      $1,995,000
      5,948 SF

      300 Wickline Blvd

      MIXED USE (COMMERCIAL/INDUSTRIAL) • 5,948 SF
      300 Wickline Blvd, Lantana, FL 33462-3163
      View Details
    • Value Estimation
      $1,200,000
      1.00 Acre

      826 Dixie Hwy, Unit 2

      OFFICE/RESIDENTIAL (MIXED USE) • 1.00 Acre
      826 Dixie Hwy, Lantana, FL 33462-1803
      View Details
    • Value Estimation by Request
      310 SF

      111 Moorings Dr, Unit 31

      OFFICE/RESIDENTIAL (MIXED USE) • 310 SF
      111 Moorings Dr, Lantana, FL 33462-8019
      View Details
    • Value Estimation by Request
      328 SF

      113 Moorings Dr, Unit 34

      OFFICE/RESIDENTIAL (MIXED USE) • 328 SF
      113 Moorings Dr, Lantana, FL 33462-8019
      View Details
    • Value Estimation by Request
      462 SF

      117 Moorings Dr, Unit 39

      OFFICE/RESIDENTIAL (MIXED USE) • 462 SF
      117 Moorings Dr, Lantana, FL 33462-8019
      View Details
    • Value Estimation by Request
      2.00 Acres

      121 Moorings Dr, Unit 40

      OFFICE/RESIDENTIAL (MIXED USE) • 2.00 Acres
      121 Moorings Dr, Lantana, FL 33462-8019
      View Details

    Similar Nearby for Sale

    • $2,387,000
      10,788 SF

      Atlantis Portfolio: Six Single-Family Homes

      Six single-family homes in Atlantis, Florida, near Lake Worth Beach.
      6650 Riggers Rd, Lake Worth, FL 33462
      View Details
    • $7,999,999
      0.35 Acres

      Water Lots in Manalapan

      Two fee simple water lots perfect for private moorings.
      4022 S Ocean Blvd, Lake Worth, FL 33462
      View Details
    • $1,500,000
      0.43 Acres

      Lantana Commercial Property Investment

      High-Return Retail/Multi-Use Complex
      808 Coast Ave, Lantana, FL 33462
      View Details
    • $597,900

      Storage Garage with Residential House

      Property with storage garage, office, restroom, and residential house.
      1309 W Frangipani Cir, Lantana, FL 33462
      View Details
    • Contact for pricing

      Lantana Office Space For Rent

      Office space available for rent in Lantana, Florida.
      1177 Hypoluxo Rd, Lantana, FL 33462
      View Details
    • Contact for pricing

      Two-Story Commercial Building with Parking

      Unique commercial property suitable for retail, office, or contractor operations.
      112 Mayfield Rd, Lantana, FL 33462
      View Details

    Similar Nearby for Lease

    • Contact for pricing
      16,227 SF

      Warehouse with Active Rail Spur

      16,227 SF warehouse with rail access near I-95.
      403 Hillbrath Dr, Lantana, FL 33462
      View Details
    • Contact for pricing
      1,500 SF

      Lantana Warehouse with Office Space

      Warehouse with office space available for rent in Lantana.
      715 Whitney Ave, Lantana, FL 33462
      View Details
    • Contact for pricing
      2,250 SF

      Lantana Warehouse with Office Space

      Warehouse with approximately 300 SF of office space for rent.
      860 N 8Th St, Lantana, FL 33462
      View Details
    • $34 SF/Yr
      1,202 SF

      Lantana Retail Space - Prime Location

      Free-standing retail building, high visibility, 10 parking spaces.
      888 Coast Ave, Lantana, FL 33462
      View Details
    • Contact for pricing
      500 SF

      Retail Space on Ocean Avenue

      Retail space available for lease on Ocean Avenue, Lantana, FL.
      212 E Ocean Ave, Lantana, FL 33462
      View Details
    • Contact for pricing
      1,084 SF

      Medical Office Space For Rent

      Class B medical office space with adjustable layout.
      160 John F Kennedy Dr, Lake Worth, FL 33462
      View Details
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    327 3rd St
    Lantana, FL 33462-3166
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    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.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    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.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    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
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!