Your AI Navigator in Commercial Real Estate
Sign Up Successful!
You now have access to more from Realmo!
Property Lookup
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    Property profile & analytics

    7049 Lk Worth Rd Greenacres, FL 33467

    • Grocery and convenience stores
    • 2,200 SF
    • 0.75 lot acres
    For Sale
    View listing
    $4,000,000
    Value Estimation
    Last Sale
    Oct 16, 2022
    $1,032,000
    Location Intelligence
    Property ID
    US19-0359419
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Grocery and convenience stores

    Property Details for 7049 Lk Worth Rd

    Year built
    1972
    Construction
    CONCRETE
    Lot size
    0.75 lot acres
    Property size
    2,200 SF
    Zone code
    CG
    Property type
    Grocery and convenience stores
    APN
    00-42-43-27-05-023-1271
    APU
    424327050231271

    Description

    This exceptional 1.67-acre commercial land parcel, located at 7049 Lake Worth Road in Lake Worth Beach, Florida (33467), presents a unique investment opportunity. Priced at $4,000,000, this property boasts a highly desirable corner location with over 50,000 vehicles passing daily, ensuring excellent visibility and accessibility. The zoning is commercial, allowing for a variety of development possibilities. The property currently features a 2400 square foot building that has been completely gutted and is ready for immediate build-out, saving significant time and costs. Its strategic location is surrounded by condominiums, townhouses, and single-family homes, indicating a strong residential base. Furthermore, the property's proximity to five golf courses within three miles and its location just one mile from the Florida Turnpike provides unparalleled convenience and accessibility. This is a rare opportunity to acquire a hard corner lot in the booming Lake Worth market

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $990,000

    • CAP approach

      CAP return
      Estimation
      6%
      $1,065,000
      6.5%
      $1,115,000
      7%
      $1,065,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $985,000
      Geo Method
      $1,295,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $1,095,000
      Retail
      $1,170,000
      Mixed-Use
      $1,050,000
      Hospitality
      $1,185,000
      Educational
      $955,000
      Residential Income
      $1,165,000
      Energy
      $1,050,000
      Income-Based Land
      $900,000
      Food Service
      $1,115,000

    Location Insight

    • Map
    • Local Demand
    City
    Lake Worth
    County
    Palm Beach
    State
    Florida
    Longitude
    -80.1579
    Latitude
    26.618
    CBSA code
    33100
    CBSA name
    MIAMI-FORT LAUDERDALE-MIAMI BEACH, FL METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $17,692
    $878,526
    $167,127
    $1,045,653
    -
    $878,526
    $167,127
    $1,045,653

    Comparable in this City

    • Value Estimation
      $2,115,000
      1,508 SF

      5980 Jog Rd

      CONVENIENCE STORE • 1,508 SF
      5980 Jog Rd, Lake Worth, FL 33467-6509
      View Details
    • Value Estimation
      $5,370,000
      5,500 SF

      8630 Lk Worth Rd

      CONVENIENCE STORE • 5,500 SF
      8630 Lk Worth Rd, Lake Worth, FL 33467-2437
      View Details
    • Value Estimation by Request
      1,872 SF

      7031 Jog Rd

      CONVENIENCE STORE • 1,872 SF
      7031 Jog Rd, Lake Worth, FL 33467-7608
      View Details
    • Value Estimation by Request
      56,437 SF

      5970 Jog Rd

      GROCERY, SUPERMARKET • 56,437 SF
      5970 Jog Rd, Lake Worth, FL 33467-6590
      View Details
    • Value Estimation by Request
      3,960 SF

      8957 Lk Worth Rd

      CONVENIENCE STORE • 3,960 SF
      8957 Lk Worth Rd, Lake Worth, FL 33467-2439
      View Details
    • Value Estimation by Request
      3,304 SF

      8195 Lk Worth Rd

      CONVENIENCE STORE • 3,304 SF
      8195 Lk Worth Rd, Lake Worth, FL 33467-2421
      View Details

    Similar Nearby for Sale

    • $3,000,000
      5,349 SF

      Hypoluxo Road Retail Investment

      Lake Worth, FL storefront, high ROI.
      8961 Hypoluxo Rd, Lake Worth, FL 33467
      View Details
    • $699,000

      Lake Worth Retail Opportunity

      High-traffic location suitable for business or residential use.
      122 Springdale Rd, Lake Worth, FL 33467
      View Details
    • $3,500,000
      14,629 SF

      Free-Standing Walgreens in Lake Worth

      Operating Walgreens drugstore with triple-net ground lease.
      6558 Lantana Rd, Lake Worth, FL 33467
      View Details
    • $2,349,000
      6.34 Acres

      Wellington Agricultural Land

      6.335 Acres, Prime Location
      8087 Palomino Dr, Wellington, FL 33467
      View Details
    • $139,000

      Established Restaurant - Greenacres, FL

      Profitable Restaurant, Turnkey Operation
      00000 Jog Rd, Greenacres, FL 33467
      View Details
    • $139,000

      Established Restaurant - Greenacres, FL

      Turnkey Restaurant, Loyal Clientele, High Profits
      00000 Jog Rd, Greenacres, FL 33467
      View Details

    Similar Nearby for Lease

    • $27 SF/Yr
      1,294 SF

      Retail Space in Publix-Anchored Center

      Retail space available in a Publix-anchored shopping center.
      8831 Hypoluxo Rd, Lake Worth, FL 33467
      View Details
    • Contact for pricing
      920 SF

      Retail Space in Lake Worth

      Retail space available in a high-traffic shopping center.
      7312-7336 Lake Worth Rd, Lake Worth, FL 33467
      View Details
    • Contact for pricing
      920 SF

      Retail Space in Lake Worth

      Retail space available in a busy Lake Worth plaza.
      7352-7366 Lake Worth Rd, Lake Worth, FL 33467
      View Details
    • $44 SF/Yr
      2,221 SF

      Retail Space with Drive-Through

      Well-maintained retail space with drive-through on high-traffic road.
      7300 Lake Worth Rd, Lake Worth, FL 33467
      View Details
    • $27 SF/Yr
      1,080 SF

      Retail Space Near Publix

      Retail space adjacent to a newly developed townhouse subdivision.
      8827-8855 Hypoluxo Rd, Lake Worth, FL 33467
      View Details
    • Contact for pricing
      9,070 SF

      Retail Space on Lake Worth

      Retail property with high visibility and drive-thru opportunities.
      7281 Lake Worth Rd, Lake Worth, FL 33467
      View Details
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    7049 Lk Worth Rd
    Greenacres, FL 33467
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.