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Property profile & analytics
OFF-MARKET
Estimated value
$8,360,000
Community centers
5500 State Rd 7th 7 Lake Worth, FL 33449-5451
Individually Owned
4-yr Hold
Free & Clear
Property ID
US18-5018845
Property profile
Verified
Property type
Community centers
Use group
MINI-MALL
Year built
2007
Construction
CONCRETE
Total area
12,432 SF
Lot
6.98 ac (303,844 SF)
Zoning code
MUPD
APN
00-42-44-31-04-003-0040
UPID
US18-5018845
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
$8.74M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$7.92M
Blend (final)
Blend
$8.36M
Owner & transaction history
Daryl L Stair · 4 yrs held
Daryl L Stair
since 2022
Last sale
$8.5M
2 recorded transactions
Zoning & alternative use
MUPD · Lake Worth, FL
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Apartment house (5+ units)
$8.5M
+88.5%
Restaurant
$7.2M
+59.2%
Commercial (general)
$5.7M
+26.3%
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
$8,150,000
ML approach
$8,740,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
APARTMENT HOUSE (5+ UNITS)
$8,525,000
Change: +88% · Conversion: Difficult
RESTAURANT
$7,200,000
Change: +59% · Conversion: Difficult
COMMERCIAL (GENERAL)
$5,710,000
Change: +26% · Conversion: Easy
OFFICE BUILDING
$5,480,000
Change: +21% · Conversion: Moderate
AUTO REPAIR, GARAGE
$5,120,000
Change: +13% · Conversion: Difficult
Blend value · Realmo final
$8.36M
Range $7.52M – $9.20M · ±10% · vs last sale $8.50M (Jun 7 2022)
Last sale anchor
$8.50M
Jun 7 2022
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
$672 / 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
$115,331
Tax year 2023
Assessed value
$6,548,651
Assessed 2023
Previous assessed
$5,391,545
+21.5% YoY
Effective rate
1.76%
On assessed value
Assessed land
$2,858,700
Assessed improvement
$3,689,951
Land market value
$2,858,700
Improvement market value
$3,689,951
Total market value
$6,548,651
Applied tax rate
203.0000
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
Community centers
Use group
MINI-MALL
Status
Off-Market
Year built
2007
Construction
CONCRETE
Heating
NONE
Cooling
CENTRAL
Buildings
2
Stories
1
Units
1
Total area
12,432 SF
Lot
6.98 ac (303,844 SF)
Zoning code
MUPD
APN
00-42-44-31-04-003-0040
UPID
US18-5018845
Jurisdiction
PALM BEACH
Metro division
WEST PALM BEACH-BOCA RATON-BOYNTON BEACH, FL METROPOLITAN DIVISION
Zoning & alternative use
MUPD · Lake Worth, FLZoning MUPD · permitted uses
MUPD · Lake Worth, FL
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Alternative use value scenarios
Repositioning upside vs current use
APARTMENT HOUSE (5+ UNITS)
Est. value
$8.5M
RESTAURANT
Est. value
$7.2M
COMMERCIAL (GENERAL)
Est. value
$5.7M
OFFICE BUILDING
Est. value
$5.5M
AUTO REPAIR, GARAGE
Est. value
$5.1M
APARTMENT HOUSE (5+ UNITS)
RESTAURANT
COMMERCIAL (GENERAL)
OFFICE BUILDING
AUTO REPAIR, GARAGE
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Alternative use deep dive
Conversion cost · permit path · stabilized NOI per option
Building & site characteristics
From public records
Year built
2007
Construction
CONCRETE
Heating
NONE
Cooling
Yes
Stories
1
Buildings
2
Units
1
Lot
6.98 ac
Current owner
From public records · entity-resolved
Daryl L Stair
Individual
Free & Clear · 4 yrs held
Mailing address
10440 GOLDEN EAGLE CT, PLANTATION, FL 33324-2160
Ownership since
2022
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
2 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jun 7, 2022
$8,500,000
Daryl L Stair
Mission Lakes LLC
Special Warranty Deed
—
Jun 7, 2022
—
Mission Lakes Shoppes LLC
Daryl L Stair
Quitclaim Deed
related
—
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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