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Property profile & analytics
OFF-MARKET
Estimated value
$1,280,000
Strip malls
824 Lk Ave Lake Worth, FL 33460-3754
Individually Owned
29-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US18-4488421
Property profile
Verified
Property type
Strip malls
Use group
SHOPPING CENTER, STRIP CENTER
Year built
1926
Construction
WOOD
Total area
5,465 SF
Lot
0.16 ac (7,000 SF)
Zoning code
DT
APN
38-43-44-21-15-507-0130
UPID
US18-4488421
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
-
Ugo Print Marketing & Advertising Advertising Agency
-
One Three Consultants Environmental Consultant
-
Prime Data Communications Telecommunications Service
-
Heca Sante Inc Church
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$1.62M
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$1.28M
Owner & transaction history
Albert Kodner · 29 yrs held
Albert Kodner
since 1997
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%
$1,755,000
6.5%
$1,620,000
7%
$1,505,000
Alternative Use
Use
Estimation
NEIGHBORHOOD: SHOPPING CENTER
$1,990,000
Current use
OFFICE BUILDING
$1,765,000
Change: -11% · Conversion: Moderate
Blend value · Realmo final
$1.28M
Range $1.15M – $1.41M · ±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
$234 / 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
$24,844
Tax year 2023
Assessed value
$1,049,336
Assessed 2023
Previous assessed
$1,006,072
+4.3% YoY
Effective rate
2.37%
On assessed value
Assessed land
$370,966
Assessed improvement
$678,370
Land market value
$370,966
Improvement market value
$678,370
Total market value
$1,049,336
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
Strip malls
Use group
SHOPPING CENTER, STRIP CENTER
Status
Off-Market
Year built
1926
Construction
WOOD
Heating
FORCED AIR
Cooling
CENTRAL
Stories
1
Total area
5,465 SF
Lot
0.16 ac (7,000 SF)
Zoning code
DT
APN
38-43-44-21-15-507-0130
UPID
US18-4488421
Jurisdiction
PALM BEACH
Metro division
WEST PALM BEACH-BOCA RATON-BOYNTON BEACH, FL METROPOLITAN DIVISION
Zoning & alternative use
DT · Lake Worth, FLZoning 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
Alternative use value scenarios
Repositioning upside vs current use
NEIGHBORHOOD: SHOPPING CENTER Current
Est. value
$2.0M
OFFICE BUILDING
Est. value
$1.8M
NEIGHBORHOOD: SHOPPING CENTER Current
OFFICE BUILDING
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Alternative use deep dive
Conversion cost · permit path · stabilized NOI per option
Building & site characteristics
From public records
Year built
1926
Construction
WOOD
Heating
FORCED AIR
Cooling
Yes
Stories
1
Lot
0.16 ac
Current owner
From public records · entity-resolved
Albert Kodner
Individual
Mailing address
19 S FEDERAL HWY, DANIA, FL 33004-3604
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
1997
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
Jan 5, 2022
—
Kodner Real Estate Holdings LLC
—
Deed
related
$1,500,000 · Iberiabank
Jul 6, 2018
—
Kodner,bruce Living Trust
—
Deed
related
$150,000 · Among Tina
May 3, 2005
—
Kodner Bruce Tr
—
Trustees Deed
related
$200,000 · Scott Diament
Jul 18, 1997
$370,000
Albert Kodner
Wiesenfeld,bess
Grant Deed
$320,000 · Seller
—
—
Kodner Bruce Tr
—
Deed Of Trust
related
$250,000 · Scott Diament
—
—
Kodner,bruce Living Trust
—
Loan Modification
related
$150,000 · Among Tina
—
—
Kodner,bruce Tr
—
Loan Modification
related
$200,000 · Scott Diament
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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