Entity Owned Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING (MULTI-STORY)
Year built
1983
Construction
WOOD
Total area
3,343 SF
Lot
0.17 ac (7,427 SF)
Zoning code
DT
APN
38-43-44-21-15-024-0260
UPID
US18-4003996
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
-
Advertising Agency Marketing & Advertising
-
Advertising Agency Marketing & Advertising
-
Rental Equipment Company
-
Real Estate Agency
-
Accounting Firm Tax Preparation
Location
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$1.54M
CAP Approach
CAP
$1.46M
Comparable Approach
Comparable
$1.43M
Blend (final)
Blend
$1.52M
Owner & transaction history
since 2023
Last sale
$1.7M
7 recorded transactions
Zoning & alternative use
DT · Lake Worth, FL
Top alternative use upside
Auto repair, garage
$1.4M
+27.6%
Medical building
$1.3M
+22.2%
Neighborhood: shopping center
$1.2M
+12.8%
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.
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Full NOI reconstruction, selected comps, alternative-use scenarios, data audit and PDF export.
All 7 comparables with addresses
6 alternative uses screened
Sensitivity value band
Source audit · 6 inputs
PDF export
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Summary
1
Valuation conclusion
Included free
Estimated market value
$1.52M
Value range
$1.36M – $1.67M
±10% around blend
Estimated value / SF
$453 / SF
Confidence
High
7 county-verified comps
Property data
100
Market benchmarks
100
Comparable evidence
70
$1.36M
blend $1.52M
$1.67M
Market-derived valuation under stabilized market assumptions. Desktop analysis. No physical inspection performed.
2
Subject property
Included free
GBA
3,343 SF
Lot area
0.17 ac
Year built
1983
Stories
1
APN
38-43-44-21-15-024-0260
Zoning
DT
Assessed value
$841,844
Annual tax
$19,314
3
Income approach: direct capitalization
Partial preview
Income approach indication
$1.46M
Direct capitalization · @ 6.5% CAP return
@ 6% CAP return
$1.58M
@ 6.5% CAP return
$1.46M
@ 7% CAP return
$1.35M
4
Sales comparison
Partial preview
Sales approach indication
$2.13M
Weighted, 7 comps · high confidence
Evidence
7 found · 6 selected
County-verified recorded sales
Comparable
Sale dateSale price$ / SF
3.8 mi away · 2,355 SF
4.1 mi away · 3,528 SF
4.6 mi away · 3,900 SF
7.0 mi away · 3,700 SF
7.2 mi away · 2,636 SF
5
Sensitivity & risk
Partial preview
Downside
−10%
Base
$1.52M
Upside
+10%
Bounds of the ±10% band vs the blend — never simulated scenarios.
6
Current market position
Included free
Benchmark
Observed band ($/SF)AverageSubject delta
ZIP 23 sales
$323
+41%
Submarket 47 sales
$441
+3%
County 950 sales
$397
+14%
Band = middle half (Q1–Q3) of recorded sale $/SF for this use type per geography; the diamond marks the subject at $453/SF. Delta below average reads as headroom. Source: Realmo CRE sales derivatives (county records).
7
Alternative use screening
Partial preview
Top alternative use
Auto Repair, Garage
Gross theoretical uplift
+28%
vs current-use indication
Medical Building
Neighborhood: Shopping Center
Office Building · current use
Retail Stores
Values shown before conversion costs, entitlement costs, capital expenditures and stabilization risk.
8
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
Not available
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 · 7 sales
Market rates by use type
PDF export
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Overview
Implied cap rate
6.20%
Implied, in-place cap rate for this office buildings
Estimated NOI ÷ last recorded sale. Refine with your own numbers in the full report.
Lower yield / higher price
Higher yield / lower price
5.0%
This property · 6.20%
9.0%
NOI (est.)
$119k *
Last sale · Sep 2023
$1.70M
* 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$1.92M
Move the market yield to see immediate price impact.
Value / SF
$574
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
5.70%6.20%6.70%
$107k
$1.88M
$1.73M
$1.60M
$119k
$2.09M
$1.92M
$1.78M
$131k
$2.30M
$2.11M
$1.95M
NOI sensitivity ±10% across the selected-rate band (±0.5 pp) — derivation of the NOI above.
Comparable evidence
Partial preview
Recorded sales nearby
7 found
High confidence · county-verified
Closest comparable
$2.30M
3.4 mi · Jan 2026 · $723/SF
Property tax & assessments
Tax year 2023Property tax & assessments
Tax year 2023
Tax billed
$19,314
Tax year 2023
Assessed value
$841,844
Assessed 2023
Previous assessed
$797,632
+5.5% YoY
Effective rate
2.29%
On assessed value
Assessed land
$295,189
Assessed improvement
$546,655
Land market value
$295,189
Improvement market value
$546,655
Total market value
$841,844
Applied tax rate
38,453.0000
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
Off-Market
Year built
1983
Construction
WOOD
Heating
FORCED AIR
Cooling
CENTRAL
Stories
1
Total area
3,343 SF
Lot
0.17 ac (7,427 SF)
Zoning code
DT
APN
38-43-44-21-15-024-0260
UPID
US18-4003996
Jurisdiction
PALM BEACH
Metro division
WEST PALM BEACH-BOCA RATON-BOYNTON BEACH, FL METROPOLITAN DIVISION
Zoning & alternative use
DT · Lake Worth, FLZoning DT · permitted uses
DT · Lake Worth, FL
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Alternative use value scenarios
Repositioning upside vs current use
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Building & site characteristics
From public records
Year built
1983
Construction
WOOD
Heating
FORCED AIR
Cooling
Yes
Stories
1
Lot
0.17 ac
Zoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
Zoning designation
County-recorded code
DT
Jurisdiction
Lake Worth, FL
Recorded code
DT
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Owner identityResolved entity and name variants
Portfolio holdingsLinked properties and estimated value
Deal signalsSell-side activity worth following
Debt & historyRecorded loans and transaction history
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Owner of record and activity signals are derived from public records and modeled classifications.
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