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Property profile & analytics
OFF-MARKET
Estimated value
$2,000,000
Strip malls
801 Us Hwy 1st 1 Lake Park, FL 33403-2919
Entity Owned
23-yr Hold
~
Est. High Equity
Property ID
US18-6041180
Property profile
Verified
Property type
Strip malls
Use group
SHOPPING CENTER, STRIP CENTER
Year built
1976
Construction
CONCRETE
Total area
12,638 SF
Lot
1.04 ac (45,376 SF)
Zoning code
MU
APN
36-43-42-20-01-119-0020
UPID
US18-6041180
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
$2.00M
Owner & transaction history
Lake Park Shoppes LLC · 23 yrs held
Lake Park Shoppes LLC
since 2003
6 recorded transactions
Zoning & alternative use
MU · Lake Park, 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 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
$158 / 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
$25,430
Tax year 2023
Assessed value
$1,775,148
Assessed 2023
Previous assessed
$1,709,454
+3.8% YoY
Effective rate
1.43%
On assessed value
Assessed land
$583,523
Assessed improvement
$1,191,625
Land market value
$583,523
Improvement market value
$1,191,625
Total market value
$1,775,148
Applied tax rate
36,501.0000
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
Strip malls
Use group
SHOPPING CENTER, STRIP CENTER
Status
Off-Market
Year built
1976
Construction
CONCRETE
Heating
FORCED AIR
Cooling
CENTRAL
Stories
1
Total area
12,638 SF
Lot
1.04 ac (45,376 SF)
Zoning code
MU
APN
36-43-42-20-01-119-0020
UPID
US18-6041180
Jurisdiction
PALM BEACH
Metro division
WEST PALM BEACH-BOCA RATON-BOYNTON BEACH, FL METROPOLITAN DIVISION
Zoning & alternative use
MU · Lake Park, FL
Zoning MU · permitted uses
MU · Lake Park, FL
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Lake Park. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1976
Construction
CONCRETE
Heating
FORCED AIR
Cooling
Yes
Stories
1
Lot
1.04 ac
Current owner
From public records · entity-resolved
Lake Park Shoppes LLC
Entity
Mailing address
PO BOX 530078, LAKE PARK, FL 33403-8900
Ownership since
2003
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
6 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Feb 27, 2003
—
Lake Park Shoppes LLC
Ansay,richard M & Sylvia J
Grant Deed
related
—
Apr 27, 2001
$950,000
Ansay Trust
Johnson,steven J
Grant Deed
—
Jul 23, 1999
$614,000
Steven J Johnson
Paul L Maddock Trustee
Grant Deed
—
—
—
Steven J Johnson
—
Deed Of Trust
related
$491,200 · First National Bank
—
—
Lake Park Shoppes LLC
—
Deed Of Trust
related
$1,000,000 · Anchor Commercial Bank
—
—
Lake Park Shoppes LLC
—
Deed Of Trust
related
$825,000 · Bankatlantic Fsb
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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