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Property profile & analytics
OFF-MARKET
Estimated value
$855,000
Medical Office Space
6239 Lk Worth Rd Greenacres, FL 33463-3003
Entity Owned
5-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US18-8324710
Property profile
Verified
Property type
Medical Office Space
Use group
MEDICAL BUILDING
Year built
2018
Construction
CONCRETE
Total area
5,320 SF
Lot
0.9 ac (39,004 SF)
Zoning code
CG
APN
18-42-44-22-00-000-5080
UPID
US18-8324710
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
$1.08M
Comparable Approach
Comparable
$996k
Blend (final)
Blend
$855k
Owner & transaction history
Soma Lake Worth Investor LLC · 5 yrs held
Soma Lake Worth Investor LLC
since 2021
3 recorded transactions
Zoning & alternative use
CG · Greenacres, FL
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description
The commercial general (CG) district is intended for general commercial activity. Permitted uses and special exceptions within this designation require land areas and location convenient to automotive traffic. This district will serve a group of neighborhoods and provide goods and services for a consumer market within a three-mile radius. This district will…
Zone name
Commercial General
General category
COMMERCIAL
Zone area
100.09 ac
Source
Realmo
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
Method
Estimation
Statistic approach
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
$1,170,000
6.5%
$1,080,000
7%
$1,000,000
Blend value · Realmo final
$855k
Range $770k – $941k · ±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
$161 / 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
$39,720
Tax year 2023
Assessed value
$2,006,965
Assessed 2023
Previous assessed
$1,942,235
+3.3% YoY
Effective rate
1.98%
On assessed value
Assessed land
$668,919
Assessed improvement
$1,338,046
Land market value
$668,919
Improvement market value
$1,338,046
Total market value
$2,006,965
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
Medical Office Space
Use group
MEDICAL BUILDING
Status
Off-Market
Year built
2018
Construction
CONCRETE
Heating
NONE
Cooling
CENTRAL
Stories
1
Total area
5,320 SF
Lot
0.9 ac (39,004 SF)
Zoning code
CG
APN
18-42-44-22-00-000-5080
UPID
US18-8324710
Jurisdiction
PALM BEACH
Metro division
WEST PALM BEACH-BOCA RATON-BOYNTON BEACH, FL METROPOLITAN DIVISION
Zoning & alternative use
CG · Greenacres, FLZoning CG · permitted uses
CG · Greenacres, FL
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Zoning description
The commercial general (CG) district is intended for general commercial activity. Permitted uses and special exceptions within this designation require land areas and location convenient to automotive traffic. This district will serve a group of neighborhoods and provide goods and services for a consumer market within a three-mile radius. This district will be found primarily along thoroughfares designated as a regional collector or minor arterials in the Comprehensive Plan. In some instances, this district may also be found along major arterials. It is not the intent of this district that it shall be used to encourage the extension of strip commercial areas.
Zone name
Commercial General
General category
COMMERCIAL
Zone area
100.09 ac
Source
Realmo
Building & site characteristics
From public records
Year built
2018
Construction
CONCRETE
Heating
NONE
Cooling
Yes
Stories
1
Lot
0.9 ac
Current owner
From public records · entity-resolved
Soma Lake Worth Investor LLC
Entity
Mailing address
11683 MANATEE BAY LN, WELLINGTON, FL 33449-8386
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2021
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
3 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jul 7, 2021
—
Soma Lake Worth Investor LLC
—
Deed
related
$1,515,000 · First Horizon Bank
Jan 9, 2019
—
Soma Lake Worth Investor LLC
—
Deed
related
$1,565,910 · Flagler Bk
—
—
Soma Lake Worth Investor LLC
—
Loan Modification
related
$1,565,910 · Flagler Bk
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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