New search
Property profile & analytics
OFF-MARKET
Estimated value
$19,940,000
Community centers
5815 Lk Worth Rd, Greenacres, FL 33463-3209
Entity Owned
13-yr Hold
~
Est. High Equity
Property ID
US18-5448280
Property profile
Verified
Property type
Community centers
Use group
MINI-MALL
Year built
1988
Construction
CONCRETE
Total area
140,579 SF
Lot
15.54 ac (676,809 SF)
Zoning code
CI
APN
18-42-44-23-22-001-0000
UPID
US18-5448280
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
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$19.94M
Owner & transaction history
Limoch 19800 West Dixie LLC · 13 yrs held
Limoch 19800 West Dixie LLC
since 2013
6 recorded transactions
Zoning & alternative use
CI · Greenacres, 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 Greenacres submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Greenacres 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
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
$142 / 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
$354,061
Tax year 2023
Assessed value
$14,801,518
Assessed 2023
Previous assessed
$16,304,379
-9.2% YoY
Effective rate
2.39%
On assessed value
Assessed land
$4,399,246
Assessed improvement
$10,402,272
Land market value
$4,399,246
Improvement market value
$10,402,272
Total market value
$14,801,518
Applied tax rate
18,982.0000
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
1988
Construction
CONCRETE
Heating
NONE
Cooling
CENTRAL
Stories
1
Total area
140,579 SF
Lot
15.54 ac (676,809 SF)
Zoning code
CI
APN
18-42-44-23-22-001-0000
UPID
US18-5448280
Jurisdiction
PALM BEACH
Metro division
WEST PALM BEACH-BOCA RATON-BOYNTON BEACH, FL METROPOLITAN DIVISION
Zoning & alternative use
CI · Greenacres, FL
Zoning CI · permitted uses
CI · Greenacres, FL
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Greenacres. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1988
Construction
CONCRETE
Heating
NONE
Cooling
Yes
Stories
1
Lot
15.54 ac
Current owner
From public records · entity-resolved
Limoch 19800 West Dixie LLC
Entity
Mailing address
696 NE 125TH ST, NORTH MIAMI, FL 33161-5546
Ownership since
2013
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
6 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Oct 2, 2018
—
Limoch 19800 West Dixie LLC
—
Loan Modification
related
$15,800,000 · Florida Cmnty Bk NA
Dec 24, 2014
—
Limoch 19800 West Dixie LLC
—
Grant Deed
related
$2,000,000 · City Nat'l Bk/fl
Feb 26, 2013
$10,150,000
Limoch 19800 West Dixie LLC
Jbh Woodlake Plaza LLC
Special Warranty Deed
$6,450,000 · City National Bank Of Florida
Mar 15, 2012
—
Jbh Woodlake Plaza LLC
—
Trustees Deed
related
$6,450,000 · City National Bank Of Florida
Mar 1, 2012
—
Jbh Woodlake Plaza LLC
Jbh Lc Ltd
Quit Claim Deed
—
—
—
Jbh Woodlake Plaza LLC
—
Deed Of Trust
related
$6,391,421 · City National Bank Of Florida
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.
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 5815 Lk Worth Rd?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
List this address →
Full reports are paid
Unlock the full Property Analytics report
Start free for 7 days — no card required. Full owner contacts, all 4 valuations with methodology, refine flow, comparable adjustments, foot-traffic deep dive, export to PDF / CSV.
