Back to Search
Property profile & analytics
OFF-MARKET
Estimated value
$8,430,000
Office buildings
6801 Lk Worth Rd Ste 100e Greenacres, FL 33467-2965
Entity Owned
16-yr Hold
~
Est. High Equity
Property ID
US18-3345517
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING (MULTI-STORY)
Year built
1979
Construction
CONCRETE
Total area
21,993 SF
Lot
4.47 ac (194,835 SF)
Zoning code
CI
APN
18-42-44-22-59-000-0010
UPID
US18-3345517
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
-
Isalis (Bike/Boat/Book/etc) Store
-
Party City Party Supply Store (Bike/Boat/Book/etc) Store
-
Skunk Funk Big Box & Wholesale Store
-
Carl's Trading Co Hat Shop
-
Bushka's Kitchen LLC (Bike/Boat/Book/etc) Store
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$9.57M
Comparable Approach
Comparable
$6.28M
Blend (final)
Blend
$8.43M
Owner & transaction history
David Associates II LLP · 16 yrs held
David Associates II LLP
since 2009
3 recorded transactions
Zoning & alternative use
CI · Greenacres, FL
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Restaurant
$12.7M
+31.4%
Commercial (general)
$10.1M
+4.2%
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%
$10,365,000
6.5%
$9,565,000
7%
$8,885,000
Alternative Use
Use
Estimation
OFFICE BUILDING
$9,695,000
Current use
RESTAURANT
$12,740,000
Change: +31% · Conversion: Moderate
COMMERCIAL (GENERAL)
$10,100,000
Change: +4% · Conversion: Easy
AUTO REPAIR, GARAGE
$9,055,000
Change: -7% · Conversion: Difficult
MEDICAL BUILDING
$8,670,000
Change: -11% · Conversion: Easy
NEIGHBORHOOD: SHOPPING CENTER
$8,000,000
Change: -17% · Conversion: Difficult
Blend value · Realmo final
$8.43M
Range $7.59M – $9.27M · ±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
$383 / 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
$85,371
Tax year 2023
Assessed value
$7,971,328
Assessed 2023
Previous assessed
$7,399,504
+7.7% YoY
Effective rate
1.07%
On assessed value
Assessed land
$1,669,736
Assessed improvement
$6,301,592
Land market value
$1,669,736
Improvement market value
$6,301,592
Total market value
$7,971,328
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
Office buildings
Use group
OFFICE BUILDING (MULTI-STORY)
Status
Off-Market
Year built
1979
Construction
CONCRETE
Heating
NONE
Cooling
CENTRAL
Buildings
2
Stories
3
Total area
21,993 SF
Lot
4.47 ac (194,835 SF)
Zoning code
CI
APN
18-42-44-22-59-000-0010
UPID
US18-3345517
Jurisdiction
PALM BEACH
Metro division
WEST PALM BEACH-BOCA RATON-BOYNTON BEACH, FL METROPOLITAN DIVISION
Zoning & alternative use
CI · Greenacres, FL
Zoning CI · permitted uses
CI · Greenacres, FL
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Greenacres. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
OFFICE BUILDING Current
Est. value
$9.7M
RESTAURANT
Est. value
$12.7M
COMMERCIAL (GENERAL)
Est. value
$10.1M
AUTO REPAIR, GARAGE
Est. value
$9.1M
MEDICAL BUILDING
Est. value
$8.7M
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$8.0M
OFFICE BUILDING Current
RESTAURANT
COMMERCIAL (GENERAL)
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
1979
Construction
CONCRETE
Heating
NONE
Cooling
Yes
Stories
3
Buildings
2
Lot
4.47 ac
Current owner
From public records · entity-resolved
David Associates II LLP
Entity
Mailing address
PO BOX 1168, WEST PALM BEACH, FL 33402-1168
Ownership since
2009
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
Sep 22, 2009
—
David Associates II LLP
—
Deed Of Trust
related
$5,500,000 · Wells Fargo Bank
—
—
David Associates II LLC
—
Loan Modification
related
$5,250,000 · Natixis R/e Cap
—
—
David Associates II LLP
—
Deed Of Trust
related
$930,702 · Archon Financial LP
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
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 6801 Lk Worth Rd Ste 100e?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
List this address →
Full reports are paid
Unlock the full Property Analytics report
Start free for 7 days — no card required. Full owner contacts, all 4 valuations with methodology, refine flow, comparable adjustments, foot-traffic deep dive, export to PDF / CSV.
