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Property profile & analytics
OFF-MARKET
Estimated value
$215,000
Showrooms
334 10th St Lake Park, FL 33403-3183
Individually Owned
21-yr Hold
Absentee Owner
Free & Clear
Property ID
US18-3247259
Property profile
Verified
Property type
Showrooms
Use group
SHOW ROOM, WAREHOUSE
Year built
1969
Construction
CONCRETE
Total area
2,952 SF
Lot
0.18 ac (7,675 SF)
Zoning code
C2
APN
36-43-42-20-01-046-0120
UPID
US18-3247259
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
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$215k
Owner & transaction history
John A Strauss · 21 yrs held
John A Strauss
since 2005
4 recorded transactions
Zoning & alternative use
C2 · Lake Park, FL
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description
The purpose of this zoning district is to provide appliance stores, including radio and television services, bakeries having not more than five employees, banks, barbershops, beauty shops, chiropodists and masseurs, grocery stores, shops, including shops for making articles without use of machinery, to be sold, at retail on the premises
Zone name
Business District
General category
COMMERCIAL
Zone area
163.70 ac
Source
Realmo
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 Park submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Lake Park 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
by Request
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$215k
Range $194k – $237k · ±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
$73 / 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
$7,132
Tax year 2023
Assessed value
$340,189
Assessed 2023
Previous assessed
$307,440
+10.7% YoY
Effective rate
2.10%
On assessed value
Assessed land
$128,940
Assessed improvement
$211,249
Land market value
$128,940
Improvement market value
$211,249
Total market value
$340,189
Applied tax rate
36,507.0000
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
Showrooms
Use group
SHOW ROOM, WAREHOUSE
Status
Off-Market
Year built
1969
Construction
CONCRETE
Heating
NONE
Cooling
NONE
Stories
1
Total area
2,952 SF
Lot
0.18 ac (7,675 SF)
Zoning code
C2
APN
36-43-42-20-01-046-0120
UPID
US18-3247259
Jurisdiction
PALM BEACH
Metro division
WEST PALM BEACH-BOCA RATON-BOYNTON BEACH, FL METROPOLITAN DIVISION
Zoning & alternative use
C2 · Lake Park, FLZoning C2 · permitted uses
C2 · Lake Park, FL
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Zoning description
The purpose of this zoning district is to provide appliance stores, including radio and television services, bakeries having not more than five employees, banks, barbershops, beauty shops, chiropodists and masseurs, grocery stores, shops, including shops for making articles without use of machinery, to be sold, at retail on the premises
Zone name
Business District
General category
COMMERCIAL
Zone area
163.70 ac
Source
Realmo
Building & site characteristics
From public records
Year built
1969
Construction
CONCRETE
Heating
NONE
Cooling
Yes
Stories
1
Lot
0.18 ac
Current owner
From public records · entity-resolved
John A Strauss
Individual
Free & Clear · 21 yrs held
Mailing address
1009 NEWMAN RD, WEST PALM BCH, FL 33403-3013
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2005
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
4 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jan 14, 2005
—
John A Strauss
Dry,todd
Quit Claim Deed
related
—
Apr 13, 2004
$255,000
Jas Marine Service INC
Kahl,est
Grant Deed
—
—
—
Jas Marine Service INC
—
Deed Of Trust
related
$102,000 · Bank Of America
—
—
Jas Marine Service INC
—
Deed Of Trust
related
$127,500 · Bank Of America
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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