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Property profile & analytics
OFF-MARKET
Estimated value
$1,405,000
Refrigerated & Cold Storage
5539 Military Trl Lake Worth, FL 33463-6934
Entity Owned
7-yr Hold
~
Est. High Equity
Property ID
US18-0928993
Property profile
Verified
Property type
Refrigerated & Cold Storage
Use group
COLD STORAGE
Year built
1997
Construction
WOOD
Total area
4,420 SF
Lot
6.1 ac (265,564 SF)
Zoning code
AR
APN
00-42-44-36-09-001-0010
UPID
US18-0928993
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
Current use
Occupant on record · Public records
-
ATM Atm
-
Rorabeck's Plants & Produce Inc Food Market Specialty Food Shop
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$1.63M
Blend (final)
Blend
$1.41M
Owner & transaction history
Rorabecks Plants & Produce INC · 7 yrs held
Rorabecks Plants & Produce INC
since 2018
7 recorded transactions
Zoning & alternative use
AR · Lake Worth, FL
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Commercial (general)
$2.0M
+65.5%
Office building
$2.0M
+58.8%
Auto repair, garage
$1.8M
+48.3%
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
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
WAREHOUSE, STORAGE
$1,225,000
Current use
COMMERCIAL (GENERAL)
$2,030,000
Change: +65% · Conversion: Difficult
OFFICE BUILDING
$1,950,000
Change: +59% · Conversion: Difficult
AUTO REPAIR, GARAGE
$1,820,000
Change: +48% · Conversion: Easy
MEDICAL BUILDING
$1,740,000
Change: +42% · Conversion: Difficult
NEIGHBORHOOD: SHOPPING CENTER
$1,610,000
Change: +31% · Conversion: Moderate
RETAIL STORES
$1,370,000
Change: +12% · Conversion: Moderate
Blend value · Realmo final
$1.41M
Range $1.26M – $1.55M · ±10%
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
$318 / 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
$46,804
Tax year 2023
Assessed value
$1,793,303
Assessed 2023
Previous assessed
$1,679,348
+6.8% YoY
Effective rate
2.61%
On assessed value
Land market value
$588,312
Improvement market value
$1,465,391
Total market value
$2,053,703
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
Refrigerated & Cold Storage
Use group
COLD STORAGE
Status
Off-Market
Year built
1997
Construction
WOOD
Heating
NONE
Cooling
NONE
Buildings
2
Stories
1
Bathrooms
1
Total area
4,420 SF
Lot
6.1 ac (265,564 SF)
Zoning code
AR
APN
00-42-44-36-09-001-0010
UPID
US18-0928993
Jurisdiction
PALM BEACH
Metro division
WEST PALM BEACH-BOCA RATON-BOYNTON BEACH, FL METROPOLITAN DIVISION
Zoning & alternative use
AR · Lake Worth, FL
Zoning AR · permitted uses
AR · Lake Worth, FL
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Lake Worth. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
WAREHOUSE, STORAGE Current
Est. value
$1.2M
COMMERCIAL (GENERAL)
Est. value
$2.0M
OFFICE BUILDING
Est. value
$2.0M
AUTO REPAIR, GARAGE
Est. value
$1.8M
MEDICAL BUILDING
Est. value
$1.7M
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$1.6M
RETAIL STORES
Est. value
$1.4M
WAREHOUSE, STORAGE Current
COMMERCIAL (GENERAL)
OFFICE BUILDING
AUTO REPAIR, GARAGE
MEDICAL BUILDING
NEIGHBORHOOD: SHOPPING CENTER
RETAIL STORES
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
1997
Construction
WOOD
Heating
NONE
Cooling
Yes
Stories
1
Buildings
2
Bathrooms
1
Lot
6.1 ac
Current owner
From public records · entity-resolved
Rorabecks Plants & Produce INC
Entity
Mailing address
5539 S MILITARY TRL, LAKE WORTH, FL 33463-6934
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2018
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
Nov 30, 2018
—
Rorabecks Plants & Produce INC
—
Deed
related
$212,000 · Florida Fed'l Land Bk Assn Flc
Nov 20, 2017
—
Rorabecks Plants And Profuce INC A
—
Deed
related
$100,000 · Seacoast National Bank
Oct 23, 2009
—
Rorabecks Plants
—
Deed Of Trust
related
$1,070,000 · Citibank NA
—
—
Rorabecks Plants
—
Deed Of Trust
related
$1,100,000 · Citibank Fsb
—
—
Rorabecks Plants & Produce INC
—
Loan Modification
related
$212,000 · Florida Fed'l Land Bk Assn Flc
—
—
Rorabecks Plants
—
Deed Of Trust
related
$1,100,000 · Citibank NA
—
—
Rorabecks Plants & Produce INC
—
Deed Of Trust
related
$1,080,000 · Merrill Lynch Business Finl Sv
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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