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Property profile & analytics
OFF-MARKET
Estimated value
$3,945,000
Commercial land
4050 Hooks Rd Lake Worth, FL 33467
Entity Owned
6-yr Hold
Free & Clear
Property ID
US18-6278455
Property profile
Verified
Property type
Commercial land
Use group
VACANT COMMERCIAL LAND
Lot
3 ac (130,667 SF)
Zoning code
CG
APN
00-42-43-27-05-028-0021
UPID
US18-6278455
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
$5.01M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$3.95M
Owner & transaction history
Lake Worth Road Commercial LLC · 6 yrs held
Lake Worth Road Commercial LLC
since 2020
Last sale
$3.2M
7 recorded transactions
Zoning & alternative use
CG · Lake Worth, FL
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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 Worth submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Lake Worth 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
$4,475,000
ML approach
$5,005,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$3.95M
Range $3.55M – $4.34M · ±10% · vs last sale $3.15M (Apr 30 2020)
Last sale anchor
$3.15M
Apr 30 2020
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
—
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
$22,813
Tax year 2023
Assessed value
$1,390,297
Assessed 2023
Previous assessed
$1,324,368
+5.0% YoY
Effective rate
1.64%
On assessed value
Assessed land
$1,390,297
Land market value
$1,390,297
Total market value
$1,390,297
Applied tax rate
206.0000
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
Commercial land
Use group
VACANT COMMERCIAL LAND
Status
Off-Market
Heating
NONE
Lot
3 ac (130,667 SF)
Zoning code
CG
APN
00-42-43-27-05-028-0021
UPID
US18-6278455
Jurisdiction
PALM BEACH
Metro division
WEST PALM BEACH-BOCA RATON-BOYNTON BEACH, FL METROPOLITAN DIVISION
Zoning & alternative use
CG · Lake Worth, FLZoning CG · permitted uses
CG · Lake Worth, FL
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Building & site characteristics
From public records
Heating
NONE
Lot
3 ac
Current owner
From public records · entity-resolved
Lake Worth Road Commercial LLC
Entity
Free & Clear · 6 yrs held
Mailing address
2199 PONCE DE LEON BLVD STE #401, CORAL GABLES, FL 33134-5234
Ownership since
2020
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
7 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Apr 30, 2020
—
Lake Worth Road Commercial LLC
Lake Worth Road Villas LLC
Quit Claim Deed
—
Feb 13, 2019
$100
Lake Worth Road Villas LLC
Lake Worth Drainage District
Quit Claim Deed
related
—
Sep 21, 2018
$8,000,000
Lake Worth Road Villas LLC
State Of Fl
Quit Claim Deed
related
—
Jun 7, 2007
$3,150,000
State Of Florida Dept & Transportat
Tuttle Land Holding Corp
Warranty Deed
—
Jun 5, 2007
—
Florida State Of Dot
Owner Name Unavailable
Warranty Deed
related
—
Jan 20, 2006
—
Tuttle Land Holding Corp
Mastroianni,ronald
Quit Claim Deed
related
$282,607 · Ronald Mastroianni
Jan 20, 2006
$930,000
Tuttle Land Holding Corp
Mastroianni,ronald
Warranty Deed
—
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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