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Property profile & analytics
OFF-MARKET
Estimated value
$2,630,000
Warehouses
5850 Military Trl Lake Worth, FL 33463-6973
Entity Owned
5-yr Hold
Absentee Owner
Free & Clear
Property ID
US18-2578448
Property profile
Verified
Property type
Warehouses
Use group
MINI-WAREHOUSE, STORAGE
Year built
1987
Construction
CONCRETE
Total area
9,520 SF
Lot
2.7 ac (117,612 SF)
Zoning code
CG
APN
02-42-44-36-10-014-0010
UPID
US18-2578448
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
-
Atlantis Discount Self Storage Storage Facility
-
KINGDOM YELLOW CAB Courier Service
-
Super Yellow Cab Courier Service
-
Eclipse Technologies Tech Support Center (Bike/Boat/Book/etc) Store
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$1.83M
Comparable Approach
Comparable
$3.51M
Blend (final)
Blend
$2.63M
Owner & transaction history
INTERNATIONAL INVESTMENTS SOLUTIONS
INTERNATIONAL INVESTMENTS SOLUTIONS
Zoning & alternative use
CG · Lake Worth, FL
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Commercial (general)
$4.4M
+65.5%
Office building
$4.2M
+58.8%
Auto repair, garage
$3.9M
+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%
$1,985,000
6.5%
$1,830,000
7%
$1,700,000
Alternative Use
Use
Estimation
WAREHOUSE, STORAGE
$2,640,000
Current use
COMMERCIAL (GENERAL)
$4,370,000
Change: +65% · Conversion: Difficult
OFFICE BUILDING
$4,195,000
Change: +59% · Conversion: Difficult
AUTO REPAIR, GARAGE
$3,920,000
Change: +48% · Conversion: Easy
MEDICAL BUILDING
$3,750,000
Change: +42% · Conversion: Difficult
NEIGHBORHOOD: SHOPPING CENTER
$3,465,000
Change: +31% · Conversion: Moderate
Blend value · Realmo final
$2.63M
Range $2.37M – $2.89M · ±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
$276 / 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
$111,816
Tax year 2023
Assessed value
$5,310,539
Assessed 2023
Previous assessed
$4,724,521
+12.4% YoY
Effective rate
2.11%
On assessed value
Assessed land
$1,426,768
Assessed improvement
$3,883,771
Land market value
$1,426,768
Improvement market value
$3,883,771
Total market value
$5,310,539
Applied tax rate
2,983.0000
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
Warehouses
Use group
MINI-WAREHOUSE, STORAGE
Status
Off-Market
Year built
1987
Construction
CONCRETE
Heating
NONE
Cooling
CENTRAL
Buildings
9
Stories
1
Rooms
1
Bathrooms
2
Total area
9,520 SF
Lot
2.7 ac (117,612 SF)
Zoning code
CG
APN
02-42-44-36-10-014-0010
UPID
US18-2578448
Jurisdiction
PALM BEACH
Metro division
WEST PALM BEACH-BOCA RATON-BOYNTON BEACH, FL METROPOLITAN DIVISION
Zoning & alternative use
CG · Lake Worth, FL
Zoning 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
Lake Worth. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
WAREHOUSE, STORAGE Current
Est. value
$2.6M
COMMERCIAL (GENERAL)
Est. value
$4.4M
OFFICE BUILDING
Est. value
$4.2M
AUTO REPAIR, GARAGE
Est. value
$3.9M
MEDICAL BUILDING
Est. value
$3.8M
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$3.5M
WAREHOUSE, STORAGE Current
COMMERCIAL (GENERAL)
OFFICE BUILDING
AUTO REPAIR, GARAGE
MEDICAL BUILDING
NEIGHBORHOOD: SHOPPING CENTER
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
1987
Construction
CONCRETE
Heating
NONE
Cooling
Yes
Stories
1
Buildings
9
Rooms
1
Bathrooms
2
Lot
2.7 ac
Current owner
From public records · entity-resolved
INTERNATIONAL INVESTMENTS SOLUTIONS
Individual
Free & Clear · 0 yrs held
Mailing address
1789 NW 22ND CT, POMPANO BEACH, FL 33069-1323
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
—
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
No recorded transactions
No recorded transactions found for this property.
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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