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Property profile & analytics
FOR LEASE
Retail space
815 Lake Ave Lake Worth, FL 33460
Entity Owned
3-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US18-5623316
For Lease
$204 SF/Yr
815 Lake Ave, Lake Worth, FL 33460
View Listing →
Property profile
Verified
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Year built
1950
Construction
WOOD
Total area
11,080 SF
Lot
0.16 ac (6,752 SF)
Zoning code
DT
APN
38-43-44-21-15-017-0140
UPID
US18-5623316
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
-
Lake Worth Home Care Home Health Care Service
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$1.98M
Blend (final)
Blend
$1.61M
Owner & transaction history
815 Lake LLC · 3 yrs held
815 Lake LLC
since 2022
7 recorded transactions
Zoning & alternative use
DT · 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
Method
Estimation
Statistic approach
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$1.61M
Range $1.45M – $1.77M · ±10%
Realmo estimate · informational only.
These numbers are calculated by our models from public records and may not reflect actual market value.
Not an appraisal.
Verify with a licensed appraiser before transacting. Realmo accepts no liability for divergence from real-world outcomes.
View the full estimation — every method, every assumption
Confidence drivers & risk notes · Custom comparable set · Free for first 3 / day
Full estimation methodology
Every method · every assumption · confidence drivers
Price per SF
Sale + rent benchmarks
Subject property
$145 / 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
$28,709
Tax year 2023
Assessed value
$1,168,963
Assessed 2023
Previous assessed
$1,274,190
-8.3% YoY
Effective rate
2.46%
On assessed value
Assessed land
$447,053
Assessed improvement
$721,910
Land market value
$447,053
Improvement market value
$721,910
Total market value
$1,168,963
Applied tax rate
38,453.0000
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
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Status
For Lease
Year built
1950
Construction
WOOD
Heating
FORCED AIR
Cooling
CENTRAL
Stories
2
Total area
11,080 SF
Lot
0.16 ac (6,752 SF)
Zoning code
DT
APN
38-43-44-21-15-017-0140
UPID
US18-5623316
Jurisdiction
PALM BEACH
Metro division
WEST PALM BEACH-BOCA RATON-BOYNTON BEACH, FL METROPOLITAN DIVISION
Zoning & alternative use
DT · Lake Worth, FL
Zoning DT · permitted uses
DT · 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
1950
Construction
WOOD
Heating
FORCED AIR
Cooling
Yes
Stories
2
Lot
0.16 ac
Current owner
From public records · entity-resolved
815 Lake LLC
Entity
Mailing address
6023 LE LAC RD, BOCA RATON, FL 33496-2316
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2022
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
10 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Aug 18, 2022
—
815 Lake LLC
815 Lake Avenue LLC
Correction Deed
related
—
May 6, 2022
$1,350,000
815 Lake LLC
815 Lake Avenue LLC
Warranty Deed
—
Apr 11, 2018
—
815 Lake Avenue LLC
Suga Holding LLC
Warranty Deed
—
Oct 4, 2016
$1,140,000
Suga Holding LLC
Chalker,fred & Mary
Warranty Deed
—
Sep 4, 2008
—
Fred Chalker
Chalker,fred
Quit Claim Deed
related
—
—
—
Chalker Ents LLC
—
Deed Of Trust
related
$225,000 · Private Funding Specialists
—
—
Fred Chalker
—
Deed Of Trust
related
$250,000 · Sidney
—
—
Fred Chalker
—
Deed Of Trust
related
$75,000 · Sidney Sacks
—
—
Fred Chalker
—
Deed Of Trust
related
$685,000 · Fidelity Federal Bank & Trust
—
—
Fred Chalker
—
Deed Of Trust
related
$250,000 · 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.
Try Rey
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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