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Property profile & analytics
OFF-MARKET
Estimated value
$3,500,000
Drug stores
6558 Lantana Rd Lake Worth, FL 33467-6508
Entity Owned
Absentee Owner
~
Est. High Equity
Property ID
US18-3697865
Property profile
Verified
Property type
Drug stores
Use group
DRUG STORE, PHARMACY
Year built
2007
Construction
CONCRETE
Total area
14,629 SF
Lot
1.75 ac (76,330 SF)
Zoning code
CG
APN
00-42-44-39-04-001-0020
UPID
US18-3697865
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
-
Mrugesh Desai, RPH Pharmacy
-
Donna Piltch, RPH Pharmacy
-
Anthony M. Contento, RPH Pharmacy
-
FedEx OnSite Postal Service Courier Service
-
Walgreens Pharmacy Pharmacy
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$3.81M
Comparable Approach
Comparable
$3.32M
Blend (final)
Blend
$3.50M
Owner & transaction history
M & M Realty Florida LLC
M & M Realty Florida LLC
since 2026
5 recorded transactions
Zoning & alternative use
CG · Lake Worth, FL
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Medical building
$5.8M
+27.2%
Neighborhood: shopping center
$5.3M
+17.4%
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%
$4,125,000
6.5%
$3,805,000
7%
$3,535,000
Alternative Use
Use
Estimation
RETAIL STORES
$4,535,000
Current use
MEDICAL BUILDING
$5,765,000
Change: +27% · Conversion: Difficult
NEIGHBORHOOD: SHOPPING CENTER
$5,320,000
Change: +17% · Conversion: Moderate
Blend value · Realmo final
$3.50M
Range $3.15M – $3.85M · ±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
$239 / 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
$77,282
Tax year 2023
Assessed value
$4,523,926
Assessed 2023
Previous assessed
$4,321,444
+4.7% YoY
Effective rate
1.71%
On assessed value
Assessed land
$2,150,216
Assessed improvement
$2,373,710
Land market value
$2,150,216
Improvement market value
$2,373,710
Total market value
$4,523,926
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
Drug stores
Use group
DRUG STORE, PHARMACY
Status
Off-Market
Year built
2007
Construction
CONCRETE
Heating
NONE
Cooling
CENTRAL
Stories
1
Total area
14,629 SF
Lot
1.75 ac (76,330 SF)
Zoning code
CG
APN
00-42-44-39-04-001-0020
UPID
US18-3697865
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
RETAIL STORES Current
Est. value
$4.5M
MEDICAL BUILDING
Est. value
$5.8M
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$5.3M
RETAIL STORES Current
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
2007
Construction
CONCRETE
Heating
NONE
Cooling
Yes
Stories
1
Lot
1.75 ac
Current owner
From public records · entity-resolved
M & M Realty Florida LLC
Entity
Mailing address
1645 SE 3RD CT STE #200, DEERFIELD BEACH, FL 33441-4465
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2026
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
Mar 12, 2026
$3,300,000
M & M Realty Florida LLC
Lantana Square Outparcel LLC
Special Warranty Deed
$1,800,000 · Mechanics Cooperative Bank
Mar 10, 2005
—
Palm Beach County
Lantana Square Outparcel LLC
Warranty Deed
related
—
Aug 23, 2004
—
Lantana Square Outparcel LLC
Lantana Square Ltd
Quit Claim Deed
related
—
Aug 23, 2004
$935,000
Lantana Square Outparcel LLC
Lantana Square Ltd
Grant Deed
related
—
—
—
Lantana Square Outparcel LLC
—
Deed Of Trust
related
$1,700,000 · West Coast Life Insurance
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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