Add Listing
Property Lookup
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings
    Property profile & analytics

    7363 Lk Worth Rd Lake Worth, FL 33467-2528

    • Distribution centers
    • 3,200 SF
    • 3.28 lot acres
    OFF-MARKET
    Value Estimations
    $760,000
    Show details
    Cap Rate Potential
    Location Intelligence
    Property ID
    US18-3113489
    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

    • Life Storage - Lake Worth / Storage Facility

    Property Details for 7363 Lk Worth Rd

    Year built
    1986
    Construction
    STEEL FRAME
    Lot size
    3.28 lot acres
    Property size
    3,200 SF
    Zone code
    CG
    Property type
    Distribution centers
    APN
    00-42-43-27-05-023-1231
    APU
    424327050231231

    Value Estimations

    based on Realmo’s proprietary methodology

    • CAP approach

      CAP Return
      Estimation
      6%
      $700,000
      6.5%
      $645,000
      7%
      $600,000

    • Comparable approach

      Method
      Estimation
      AI Estimate
      $857,000
      Market price range: $290k - $858k

    • Alternative Use

      Use
      Estimation
      WAREHOUSE, STORAGE
      $890,000
      Current use
      MEDICAL BUILDING
      $1,260,000
      Change: +42% Conversion: Difficult
      NEIGHBORHOOD: SHOPPING CENTER
      $1,165,000
      Change: +31% Conversion: Moderate
      RETAIL STORES
      $990,000
      Change: +12% Conversion: Moderate

    Get a detailed, property-specific valuation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    Lake Worth
    County
    Palm Beach
    State
    Florida
    Longitude
    -80.1625
    Latitude
    26.6187
    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
    $77,067
    $1,221,144
    $3,884,750
    $5,105,894
    -
    $1,221,144
    $3,884,750
    $5,105,894

    Comparable in this City

    • Value Estimation
      $3,670,000
      20,941 SF

      7001 Lantana Rd

      DISTRIBUTION WAREHOUSE • 20,941 SF
      7001 Lantana Rd, Lake Worth, FL 33467-6457
      View Details
    • Value Estimation
      $4,205,000
      38,929 SF

      6796 Lantana Rd

      DISTRIBUTION WAREHOUSE • 38,929 SF
      6796 Lantana Rd, Lake Worth, FL 33467-6581
      View Details
    • Value Estimation
      $21,375,000
      119,790 SF

      5219 Aquarius Blvd

      MINI-WAREHOUSE, STORAGE • 119,790 SF
      5219 Aquarius Blvd, Lake Worth, FL 33467-7253
      View Details
    • Value Estimation
      $5,645,000
      24,000 SF

      3800 Jog Rd

      MINI-WAREHOUSE, STORAGE • 24,000 SF
      3800 Jog Rd, Greenacres, FL 33467-1500
      View Details
    • Value Estimation
      $1,205,000
      4,960 SF

      6664 Hypoluxo Rd

      MINI-WAREHOUSE, STORAGE • 4,960 SF
      6664 Hypoluxo Rd, Lake Worth, FL 33467-7681
      View Details
    • Value Estimation
      $8,505,000
      30,782 SF

      6788 Lantana Rd

      MINI-WAREHOUSE, STORAGE • 30,782 SF
      6788 Lantana Rd, Lake Worth, FL 33467-6578
      View Details

    Similar Nearby for Sale

    • $1,020,000
      0.63 Acres

      Lake Worth Road Commercial Land

      High-Visibility Commercial Lot, Seller Financing
      6960 Lk Worth Rd, Greenacres, 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
    • $3,500,000
      1,620 SF

      Gas Station and C-Store

      Gas station and convenience store property for sale.
      8880 Lantana Rd, Lake Worth, FL 33467
      View Details
    • $2,250,000

      Lake Worth Agricultural Land Parcels

      3.70-acre agricultural land, ideal for estate or multi-home build.
      7123 Hidden Gem Ln, Lake Worth, FL 33467
      View Details
    • $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
    • $139,000

      Established Restaurant - Greenacres, FL

      Profitable Restaurant, Turnkey Operation
      00000 Jog Rd, Greenacres, FL 33467
      View Details

    Similar Nearby for Lease

    • Contact for pricing
      1,000 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
    • $40 SF/Yr
      36,094 SF

      Wellington Office & Retail Space

      Prime Palm Beach County location, multiple suites available.
      8708-8776 Lantana Rd, Wellington, FL 33467
      View Details
    • Contact for pricing
      3,282 SF

      Medical Office Space Available

      B+ medical office space with on-site surgery center.
      7408 Lake Worth Rd, Lake Worth, FL 33467
      View Details
    • Contact for pricing
      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
    • $27 SF/Yr
      33,752 SF

      Lake Worth Medical Office Space

      Prime Medical Office Suites, Greenacres, FL
      7408 Lk Worth Rd, Greenacres, FL 33467
      View Details
    • Contact for pricing
      2,797 SF

      Retail Space in Palm Beach

      Retail space in established Palm Beach market near new homes.
      8450 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.
    7363 Lk Worth Rd
    Lake Worth, FL 33467-2528
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    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.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    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.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    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
    Thank You

    You are Unsubscribed From Notifications

    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!