New search
Property profile & analytics
OFF-MARKET
Warehouses
8135 Lk Worth Rd Lake Worth, FL 33467-2473
Individually Owned
2-yr Hold
Free & Clear
Property ID
US18-0256643
Property profile
Verified
Property type
Warehouses
Use group
MINI-WAREHOUSE, STORAGE
Year built
1998
Construction
CONCRETE
Total area
11,910 SF
Lot
11.69 ac (509,356 SF)
Zoning code
MUPD
APN
00-42-44-20-09-001-0000
UPID
US18-0256643
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
-
Grove Isle HOA Association / Organization
-
Associated Property Management of the Palm Beaches Inc. Property Management Company Real Estate Agency
-
SmartStop Self Storage Storage Facility
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
Rocco Addeo · 2 yrs held
Rocco Addeo
since 2023
Last sale
$218,000
7 recorded transactions
Zoning & alternative use
MUPD · Lake Worth, 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 Worth submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Lake Worth 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
$224,719
Tax year 2023
Assessed value
$13,744,553
Assessed 2023
Previous assessed
$13,744,553
+0.0% YoY
Effective rate
1.63%
On assessed value
Assessed land
$3,117,253
Assessed improvement
$10,627,300
Land market value
$3,117,253
Improvement market value
$10,627,300
Total market value
$13,744,553
Applied tax rate
206.0000
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
Warehouses
Use group
MINI-WAREHOUSE, STORAGE
Status
Off-Market
Year built
1998
Construction
CONCRETE
Heating
NONE
Cooling
CENTRAL
Buildings
14
Stories
1
Total area
11,910 SF
Lot
11.69 ac (509,356 SF)
Zoning code
MUPD
APN
00-42-44-20-09-001-0000
UPID
US18-0256643
Jurisdiction
PALM BEACH
Metro division
WEST PALM BEACH-BOCA RATON-BOYNTON BEACH, FL METROPOLITAN DIVISION
Zoning & alternative use
MUPD · Lake Worth, FL
Zoning MUPD · permitted uses
MUPD · Lake Worth, FL
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Lake Worth. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1998
Construction
CONCRETE
Heating
NONE
Cooling
Yes
Stories
1
Buildings
14
Lot
11.69 ac
Current owner
From public records · entity-resolved
Rocco Addeo
Individual
Free & Clear · 2 yrs held
Mailing address
120 MILFORD RD, SOUTH GRAFTON, MA 01560-1211
Ownership since
2023
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
7 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Sep 5, 2023
$218,000
Rocco Addeo
Lake Colony Apartments One INC
Assignment Of Lease (leasehold Sale)
—
Apr 14, 2017
—
Sst II 8135 Lake Worth Rd LLC
—
Loan Modification
related
$52,000,000 · Keybank USA
Jun 8, 2016
$23,064,525
Sst II 8135 Lake Worth Rd LLC
Lake Worth Self-storage LP
Grant Deed
$105,000,000 · Keybank USA
Oct 18, 2012
—
Worth Self-storage LP Lake
Pantaleo,francis T & Denise
Quit Claim Deed
related
—
May 1, 2003
$7,140,000
Worth Self-storage LP Lake
Pantaleo,francis T & Denise
Grant Deed
$5,750,000 · Mercantile-safe Deposit & Trus
Jul 15, 1998
—
Francis T Pantaleo
—
Deed Of Trust
related
$1,800,000 · Heller First Capital
—
—
Worth Self-storage Lake
—
Deed Of Trust
related
$55,698 · Bank Of Florida NA
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 8135 Lk Worth Rd?
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.
