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Property profile & analytics
OFF-MARKET
Estimated value
$11,630,000
Warehouses
6591 Military Trl Lake Worth, FL 33463-7531
Entity Owned
1-yr Hold
Absentee Owner
Free & Clear
Property ID
US18-9005023
Property profile
Verified
Property type
Warehouses
Use group
MINI-WAREHOUSE, STORAGE
Year built
1988
Construction
CONCRETE
Total area
59,777 SF
Lot
6.23 ac (271,431 SF)
Zoning code
MUPD
APN
00-42-45-01-21-001-0000
UPID
US18-9005023
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
-
CubeSmart Self Storage Storage Facility
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$11.50M
Comparable Approach
Comparable
$13.26M
Blend (final)
Blend
$11.63M
Owner & transaction history
Prime Storage Lake Worth LLC · 1 yrs held
Prime Storage Lake Worth LLC
since 2025
5 recorded transactions
Zoning & alternative use
MUPD · 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
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
$12,455,000
6.5%
$11,495,000
7%
$10,675,000
Alternative Use
Use
Estimation
WAREHOUSE, STORAGE
$16,590,000
Current use
Blend value · Realmo final
$11.63M
Range $10.47M – $12.79M · ±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
$195 / 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
$190,497
Tax year 2023
Assessed value
$11,139,595
Assessed 2023
Previous assessed
$11,139,595
+0.0% YoY
Effective rate
1.71%
On assessed value
Assessed land
$2,494,451
Assessed improvement
$8,645,144
Land market value
$2,494,451
Improvement market value
$8,645,144
Total market value
$11,139,595
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
Warehouses
Use group
MINI-WAREHOUSE, STORAGE
Status
Off-Market
Year built
1988
Construction
CONCRETE
Heating
NONE
Cooling
CENTRAL
Buildings
6
Stories
1
Total area
59,777 SF
Lot
6.23 ac (271,431 SF)
Zoning code
MUPD
APN
00-42-45-01-21-001-0000
UPID
US18-9005023
Jurisdiction
PALM BEACH
Metro division
WEST PALM BEACH-BOCA RATON-BOYNTON BEACH, FL METROPOLITAN DIVISION
Zoning & alternative use
MUPD · Lake Worth, FL
Zoning MUPD · permitted uses
MUPD · 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
$16.6M
WAREHOUSE, STORAGE Current
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
1988
Construction
CONCRETE
Heating
NONE
Cooling
Yes
Stories
1
Buildings
6
Lot
6.23 ac
Current owner
From public records · entity-resolved
Prime Storage Lake Worth LLC
Entity
Free & Clear · 1 yrs held
Mailing address
6435 NW 74TH TER, PARKLAND, FL 33067-1244
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2025
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
Dec 22, 2025
—
Prime Storage Lake Worth LLC
—
Deed
related
$40,000,000 · Choice Financial Group
Jun 20, 2025
$10,840,000
Prime Storage Lake Worth LLC
Military Self Storage LLC
Special Warranty Deed
—
Mar 19, 2015
$3,275,000
Military Self Storage LLC
Palm Bch Cmnty Bk
Grant Deed
$2,456,250 · Palm Bch Cmnty Bk
Jul 28, 2008
$5,000,000
Palm Beach Strike Zone LLC
Schumacker Of Carter LLC
Grant Deed
$3,000,000 · Palm Bch Cmnty Bk
Jan 28, 1997
$22,500
Don Carters All Star Lanes Pbc
J & B Management Co Palm Beach
Quit Claim Deed
related
—
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
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