Entity Owned 
For Sale
$1,400,000
359 10Th St, Lake Park, FL 33403
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Property summary
AI-generated overview
The property at 359 10th St, Lake Park, Florida, in Palm Beach County, is a specialty commercial real estate asset offered for sale. The available materials do not specify the building subtype, unit configuration, interior features, tenancy status, or current building condition, and they do not provide details on site characteristics such as access, frontage, or the functional layout. Prospective users should conduct due diligence to confirm existing improvements, suitability for a specific intended use, and any operational or entitlement considerations that may apply.
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING (MULTI-STORY)
Year built
1971
Construction
WOOD
Total area
6,624 SF
Lot
0.36 ac (15,464 SF)
Zoning code
C1
APN
36-43-42-20-01-047-0090
UPID
US18-1024588
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Location
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$609k
Blend (final)
Blend
$335k
Owner & transaction history
since 2021
7 recorded transactions
Zoning & alternative use
C1 · Lake Park, FL
Zoning description
The purpose of this zoning district is to provide animal grooming establishments, animal day care establishment, animal indoor training center, bakeries the products, banks, offices, business and professional, restaurant…
General category
COMMERCIAL
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
Value estimation
Instant AI valuation built from comps, income signals, and proprietary benchmarks. A defensible range, not a single guess.
Unlock the complete Valuation workflow
Full NOI reconstruction, selected comps, alternative-use scenarios, data audit and PDF export.
Full NOI build-up · 6 steps
All 3 comparables with addresses
Sensitivity value band
Source audit · 6 inputs
PDF export
Professional Plan · 30 reports
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Summary
1
Valuation conclusion
Included free
Estimated market value
$335k
Value range
$302k – $369k
±10% around blend
Estimated value / SF
$51 / SF
Confidence
Low
3 county-verified comps
Property data
100
Market benchmarks
67
Comparable evidence
30
Income certainty
100
$302k
blend $335k
$369k
Market-derived valuation under stabilized market assumptions. Desktop analysis. No physical inspection performed.
2
Subject property
Included free
GBA
6,624 SF
Lot area
0.36 ac
Year built
1971
Stories
2
APN
36-43-42-20-01-047-0090
Zoning
C1
Assessed value
$518,696
Annual tax
$12,878
3
Income approach: direct capitalization
Partial preview
Estimated Stabilized NOI, derived from market rent, vacancy and expense benchmarks. Actual property income not reported.
Estimated market rent / SF
Potential gross income
Vacancy allowance
Effective gross income
Benchmark operating expenses
Stabilized NOI
Property tax
$12,878
Selected cap rate
4
Sales comparison
Partial preview
Sales approach indication
$2.80M
Weighted, 3 comps · low confidence
Evidence
3 found · 3 selected
County-verified recorded sales
Comparable
Sale dateSale price$ / SF
2.9 mi away · 7,579 SF
5.5 mi away · 6,170 SF
5
Sensitivity & risk
Partial preview
Downside
−10%
Base
$335k
Upside
+10%
Bounds of the ±10% band vs the blend — never simulated scenarios.
6
Current market position
Included free
Benchmark
Observed band ($/SF)AverageSubject delta
Submarket 447 sales
$354
-86%
County 950 sales
$397
-87%
Band = middle half (Q1–Q3) of recorded sale $/SF for this use type per geography; the diamond marks the subject at $51/SF. Delta below average reads as headroom. Source: Realmo CRE sales derivatives (county records).
7
Data & methodology
Included free
Building area
County record
Property tax
County record
Assessed value
County record
Zoning designation
County record
Operating expenses
Modeled
Market rent
Market benchmark
Not analyzed due to unavailable source data: actual rent roll, tenant leases, physical condition and capital
requirements are outside a desktop analysis.
Cost Approach excluded: income and sales evidence cover the value conclusion.
Automated valuation analysis, not a licensed appraisal. Figures are derived from public
records and proprietary models. Desktop analysis: no physical inspection, tenant leases or reported
property income. Verify with a licensed appraiser before transacting.
Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
Unlock the complete Cap Rate workflow
Full market tables, editable assumptions, comparable evidence, saved work and exports.
9-scenario matrix
Comparable evidence · 3 sales
NOI build-up · 9 steps
Market rates by use type
PDF export
Professional Plan · 30 reports
from $99/month
from $99/month
Overview
Selected market yield
8.00%
Selected cap rate for this office buildings
Derived from the Lake Park market rent, vacancy and expense benchmarks for this use type.
Lower yield / higher price
Higher yield / lower price
5.0%
This property · 8.00%
9.0%
NOI (est.)
$112k *
* derived from a real price signal at a 7% cap
Price sensitivity
The rate is the decision lever; valuation is the consequence.
Test a cap rate
Implied value$1.40M
Move the market yield to see immediate price impact.
Value / SF
$211
Vs. selected
Base
Derivation
NOI ÷ cap
Arithmetic over the derived NOI * — not market scenario modeling.
NOI × cap matrix
Preview
Preview of 9 modeled outcomes.
NOI
7.50%8.00%8.50%
$101k
$1.34M
$1.26M
$1.19M
$112k
$1.49M
$1.40M
$1.32M
$123k
$1.64M
$1.54M
$1.45M
NOI sensitivity ±10% across the selected-rate band (±0.5 pp) — derivation of the NOI above.
Comparable evidence
Partial preview
Recorded sales nearby
3 found
Low confidence · county-verified
Closest comparable
$2.50M
2.2 mi · Jan 2026 · $440/SF
Property tax & assessments
Tax year 2023Property tax & assessments
Tax year 2023
Tax billed
$12,878
Tax year 2023
Assessed value
$518,696
Assessed 2023
Previous assessed
$482,825
+7.4% YoY
Effective rate
2.48%
On assessed value
Assessed land
$113,027
Assessed improvement
$405,669
Land market value
$113,027
Improvement market value
$405,669
Total market value
$518,696
Applied tax rate
36,507.0000
Automated cap rate analysis. Based on public records, market benchmarks and proprietary
models. Verify with a licensed professional before transacting.
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Office buildings
Use group
OFFICE BUILDING (MULTI-STORY)
Status
For Sale
Year built
1971
Construction
WOOD
Heating
FORCED AIR
Cooling
CENTRAL
Stories
2
Bathrooms
3
Total area
6,624 SF
Lot
0.36 ac (15,464 SF)
Zoning code
C1
APN
36-43-42-20-01-047-0090
UPID
US18-1024588
Jurisdiction
PALM BEACH
Metro division
WEST PALM BEACH-BOCA RATON-BOYNTON BEACH, FL METROPOLITAN DIVISION
Zoning & alternative use
C1 · Lake Park, FLZoning C1 · permitted uses
C1 · Lake Park, FL
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Zoning description
The purpose of this zoning district is to provide animal grooming establishments, animal day care establishment, animal indoor training center, bakeries the products, banks, offices, business and professional, restaurant…
General category
COMMERCIAL
Building & site characteristics
From public records
Year built
1971
Construction
WOOD
Heating
FORCED AIR
Cooling
Yes
Stories
2
Bathrooms
3
Lot
0.36 ac
Zoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
Zoning designation
Matched to the official district catalog
C1
COMMERCIAL
Jurisdiction
Lake Park, FL
Recorded code
C1
Official district
C1
Official district profile
What the municipal code says about C1
Zoning description
The purpose of this zoning district is to provide animal grooming establishments, animal day care establishment, animal indoor training center, bakeries the products, banks, offices, business and professional, restaurant…
General category
COMMERCIAL
Zoning Insight
What can be built and operated here — officially.
The district profile from the municipal source: what is on file for C1 in Lake Park, FL.
What opens after registration
Zoning profile
Official descriptionThe district text from the municipal code
District factsZone name, category and district area
Cited sourceThe exact document the profile quotes
Match provenanceAssignment basis, match tier and confidence
Private report access
See the official zoning profile for this address.
Registration is required before the official district profile is shown.
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Ownership Intelligence
Find the owner behind the property.
Unlock the evidence behind ownership: portfolio, transactions, debt and signals that help you decide who to contact next.
What opens after registration
Ownership report
Owner identityResolved entity and name variants
Portfolio holdingsLinked properties and estimated value
Deal signalsSell-side activity worth following
Debt & historyRecorded loans and transaction history
Private report access
See the ownership record for this address.
Registration is required before any owner information is shown.
One complete report on every paid plan · 30 · 300 reports per month.
Owner of record and activity signals are derived from public records and modeled classifications.
They do not confirm beneficial ownership or intent to transact.
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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