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Property profile & analytics
OFF-MARKET
Office buildings
725 13th St Lake Park, FL 33403-2303
Entity Owned
Free & Clear
Property ID
US18-0949726
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING (MULTI-STORY)
Year built
1996
Construction
WOOD
Total area
1,170 SF
Lot
0.52 ac (22,677 SF)
Zoning code
CLIC
APN
36-43-42-20-00-000-7024
UPID
US18-0949726
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
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
by Request
Owner & transaction history
J S L Land Co LLC
J S L Land Co LLC
since 2026
5 recorded transactions
Zoning & alternative use
CLIC · Lake Park, FL
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description
It is the purpose of the CLIC district to allow the development of a mixed use, campus light industrial or commercial employment center. The location of this district abutting the MU mixed use residential or commercial or light industrial district provides opportunities for employment in close proximity to higher population densities, thereby promoting walk…
Zone name
Campus Light Industrial And Commercial
General category
MIXED_USE
Zone area
150.65 ac
Source
Realmo
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 Park submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Lake Park 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
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
—
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
$10,420
Tax year 2023
Assessed value
$498,171
Assessed 2023
Previous assessed
$457,860
+8.8% YoY
Effective rate
2.09%
On assessed value
Assessed land
$336,783
Assessed improvement
$161,388
Land market value
$336,783
Improvement market value
$161,388
Total market value
$498,171
Applied tax rate
36,507.0000
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
1996
Construction
WOOD
Heating
FORCED AIR
Cooling
CENTRAL
Stories
1
Total area
1,170 SF
Lot
0.52 ac (22,677 SF)
Zoning code
CLIC
APN
36-43-42-20-00-000-7024
UPID
US18-0949726
Jurisdiction
PALM BEACH
Metro division
WEST PALM BEACH-BOCA RATON-BOYNTON BEACH, FL METROPOLITAN DIVISION
Zoning & alternative use
CLIC · Lake Park, FLZoning CLIC · permitted uses
CLIC · Lake Park, FL
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Zoning description
It is the purpose of the CLIC district to allow the development of a mixed use, campus light industrial or commercial employment center. The location of this district abutting the MU mixed use residential or commercial or light industrial district provides opportunities for employment in close proximity to higher population densities, thereby promoting walk to work activity and reduced traffic congestion.
Zone name
Campus Light Industrial And Commercial
General category
MIXED_USE
Zone area
150.65 ac
Source
Realmo
Building & site characteristics
From public records
Year built
1996
Construction
WOOD
Heating
FORCED AIR
Cooling
Yes
Stories
1
Lot
0.52 ac
Current owner
From public records · entity-resolved
J S L Land Co LLC
Entity
Free & Clear · 0 yrs held
Mailing address
PO BOX 530401, WEST PALM BCH, FL 33403-8906
Mailing matches property
Yes
Owner-occupied
Yes
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
Jan 29, 2026
—
J S L Land Co LLC
Ledbetter Masonry & Construction In
Deed
related
—
Jan 29, 2026
$1,017,500
Efms Holdings LLC
J Sl Land Co LLC
Warranty Deed
—
Apr 13, 2009
—
Jsl Land Co LLC
Ledbetter Masonry & Const INC
Grant Deed
related
—
Mar 23, 2009
—
Sl Land Co LLC
Ledbetter Masonry & Const INC
Warranty Deed
—
Jan 13, 2005
$350,000
Ledbetter Masonry & Construction In
James A Ledbetter
Warranty Deed
$170,000 · 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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