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Property profile & analytics
OFF-MARKET
Estimated value
$2,010,000
Grocery and convenience stores
632 Dixie Hwy Lake Worth, FL 33460-3078
Entity Owned
1-yr Hold
~
Est. High Equity
Property ID
US19-0240353
Property profile
Verified
Property type
Grocery and convenience stores
Use group
CONVENIENCE STORE
Year built
1950
Construction
STEEL FRAME
Total area
1,792 SF
Lot
0.3 ac (13,007 SF)
Zoning code
MU-DIXIE
APN
38-43-44-21-15-180-0130
UPID
US19-0240353
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
-
Majestic HMP Foods Gas Station
-
Anibal Auto Repair LLC Auto Repair Shop
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$1.97M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$1.43M
Blend (final)
Blend
$2.01M
Owner & transaction history
632 Rocket Fuel Operating Corp · 1 yrs held
632 Rocket Fuel Operating Corp
since 2024
Last sale
$2.3M
5 recorded transactions
Zoning & alternative use
MU-DIXIE · Lake Worth, 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 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
$2,055,000
ML approach
$1,965,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$2.01M
Range $1.81M – $2.21M · ±10% · vs last sale $2.31M (Mar 29 2023)
Last sale anchor
$2.31M
Mar 29 2023
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
$1,122 / 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
$15,889
Tax year 2023
Assessed value
$664,099
Assessed 2023
Previous assessed
$549,486
+20.9% YoY
Effective rate
2.39%
On assessed value
Assessed land
$422,402
Assessed improvement
$241,697
Land market value
$422,402
Improvement market value
$241,697
Total market value
$664,099
Applied tax rate
38,453.0000
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
Grocery and convenience stores
Use group
CONVENIENCE STORE
Status
Off-Market
Year built
1950
Construction
STEEL FRAME
Heating
NONE
Cooling
CENTRAL
Stories
1
Units
3
Total area
1,792 SF
Lot
0.3 ac (13,007 SF)
Zoning code
MU-DIXIE
APN
38-43-44-21-15-180-0130
UPID
US19-0240353
Jurisdiction
PALM BEACH
Metro division
WEST PALM BEACH-BOCA RATON-BOYNTON BEACH, FL METROPOLITAN DIVISION
Zoning & alternative use
MU-DIXIE · Lake Worth, FL
Zoning MU-DIXIE · permitted uses
MU-DIXIE · 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.
Building & site characteristics
From public records
Year built
1950
Construction
STEEL FRAME
Heating
NONE
Cooling
Yes
Stories
1
Units
3
Lot
0.3 ac
Current owner
From public records · entity-resolved
632 Rocket Fuel Operating Corp
Entity
Mailing address
3248 W HILLSBORO BLVD, DEERFIELD BEACH, FL 33442-9401
Ownership since
2024
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
5 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Aug 21, 2024
—
632 Rocket Fuel Operating Corp
632 N Dixie LLC
Quit Claim Deed
related
$1,610,000 · First Horizon Bank
Mar 29, 2023
$2,305,000
632 N Dixie LLC
Mye Enterprises INC
Warranty Deed
—
Nov 28, 2017
$860,000
Mye Enterprises INC
Hmp Food INC
Warranty Deed
$586,000 · Embassy National Bank
Oct 9, 2002
—
Hmp Food INC
Quick Stop-n-go
Quit Claim Deed
related
$720,000 · Fidelity Federal Bank & Trust
—
—
Hmp Food INC
—
Deed Of Trust
related
$158,671 · Fidelity Federal Bank & Trust
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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