Your AI Navigator in Commercial Real Estate
Sign Up Successful!
You now have access to more from Realmo!
Property Lookup
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    Property profile & analytics

    3884 Blanchette Trl Lake Worth, FL 33467

    • Commercial real estate
    • 1.30 lot acres
    For Sale
    View listing
    $2,000,000
    Value Estimations
    Cap Rate Potential
    Location Intelligence
    Property ID
    US18-0892372
    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

    • Commercial real estate

    Property Details for 3884 Blanchette Trl

    Lot size
    1.30 lot acres
    Property type
    Commercial real estate

    Description

    This exceptional 1.3-acre property located at 3884-3894-3916 Blanchette Trail, Lake Worth, Florida, 33467, presents a unique investment opportunity. Currently zoned for commercial use, this land offers immediate potential for development. The asking price is $2,000,000. Situated in Palm Beach County, this parcel benefits from its location within a rapidly developing area characterized by numerous new residential homes and medical facilities. The existing zoning allows for immediate collection of residential income while pursuing commercial rezoning, a process the sellers are willing to facilitate. The substantial lot size provides ample space for a variety of commercial ventures, capitalizing on the area's growth trajectory. This prime location in Lake Worth offers excellent accessibility and visibility, making it an attractive proposition for businesses seeking a strategic foothold in a thriving market. The property's versatility, combined with its strategic location and the seller's commitment to a smooth rezoning process, makes this a compelling investment opportunity for discerning buyers. Don't miss this chance to acquire a significant piece of land in a high-growth area of Florida.

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

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

    Location Insight

    • Map
    • Local Demand
    City
    Lake Worth
    County
    Palm Beach
    State
    Florida
    Longitude
    -80.181262
    Latitude
    26.6189293

    Comparable in this City

    • $2,349,000
      6.34 Acres

      Wellington Agricultural Land

      6.335 Acres, Prime Location
      8087 Palomino Dr, Wellington, FL 33467
      View Details
    • $1,020,000
      0.63 Acres

      Lake Worth Road Commercial Land

      High-Visibility Commercial Lot, Seller Financing
      6960 Lk Worth Rd, Greenacres, FL 33467
      View Details
    • $3,500,000

      9.98 Acre Development Opportunity

      9.98 acre parcel with multiple zoning types available for development.
      8262-8328 35Th St S, Lake Worth, FL 33467
      View Details
    • $225,000

      Lake Worth Oversized Corner Lot

      Oversized corner lot in desirable Lake Worth community.
      4802 Bonanza Dr, Lake Worth, FL 33467
      View Details
    • New
      $480,000
      0.71 Acres

      Prime Commercial Land Opportunity

      0.71-acre commercial land parcel in a growing area.
      3358 S Jog Rd, Greenacres, FL 33467
      View Details
    • $2,250,000
      3.70 Acres

      Lake Worth Agricultural Land Parcels

      3.70 acres of agricultural land ready for development.
      7123 Hidden Gem Ln, Lake Worth, FL 33467
      View Details

    Similar Nearby for Sale

    • $2,349,000
      6.34 Acres

      Wellington Agricultural Land

      6.335 Acres, Prime Location
      8087 Palomino Dr, Wellington, FL 33467
      View Details
    • New
      $480,000
      0.71 Acres

      Prime Commercial Land Opportunity

      0.71-acre commercial land parcel in a growing area.
      3358 S Jog Rd, Greenacres, FL 33467
      View Details
    • $225,000

      Lake Worth Oversized Corner Lot

      Oversized corner lot in desirable Lake Worth community.
      4802 Bonanza Dr, Lake Worth, FL 33467
      View Details
    • $1,020,000
      0.63 Acres

      Lake Worth Road Commercial Land

      High-Visibility Commercial Lot, Seller Financing
      6960 Lk Worth Rd, Greenacres, FL 33467
      View Details
    • $3,500,000

      9.98 Acre Development Opportunity

      9.98 acre parcel with multiple zoning types available for development.
      8262-8328 35Th St S, Lake Worth, FL 33467
      View Details
    • $2,250,000
      3.70 Acres

      Lake Worth Agricultural Land Parcels

      3.70 acres of agricultural land ready for development.
      7123 Hidden Gem Ln, Lake Worth, FL 33467
      View Details

    Similar Nearby for Lease

    • $40 SF/Yr
      36,094 SF

      Wellington Office & Retail Space

      Prime Palm Beach County location, multiple suites available.
      8708-8776 Lantana Rd, Wellington, FL 33467
      View Details
    • $27 SF/Yr
      1,294 SF

      Retail Space in Publix-Anchored Center

      Retail space available in a Publix-anchored shopping center.
      8831 Hypoluxo Rd, Lake Worth, FL 33467
      View Details
    • $27 SF/Yr
      6,101 SF

      Medical Office Space Available

      B+ medical office space with on-site surgery center.
      7408 Lake Worth Rd, Lake Worth, FL 33467
      View Details
    • $27 SF/Yr
      33,752 SF

      Lake Worth Medical Office Space

      Prime Medical Office Suites, Greenacres, FL
      7408 Lk Worth Rd, Greenacres, FL 33467
      View Details
    • Contact for pricing
      2,797 SF

      Retail Space in Palm Beach

      Retail space in established Palm Beach market near new homes.
      8450 Lake Worth Rd, Lake Worth, FL 33467
      View Details
    • Contact for pricing
      1,750 SF

      Lake Worth Retail Space Available

      Grocery-anchored shopping center with available retail space for lease.
      6169 S Jog Rd, Lake Worth, FL 33467
      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.
    3884 Blanchette Trl
    Lake Worth, FL 33467
    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.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.