Back to Search
Property profile & analytics
OFF-MARKET
Estimated value
$11,210,000
Community centers
8918 Lantana Rd Ste B Lake Worth, FL 33467-6136
Entity Owned
5-yr Hold
~
Est. High Equity
Property ID
US18-3455205
Property profile
Verified
Property type
Community centers
Use group
MINI-MALL
Year built
2004
Construction
CONCRETE
Total area
7,259 SF
Lot
5.97 ac (260,245 SF)
Zoning code
MUPD
APN
00-42-44-41-06-001-0010
UPID
US18-3455205
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
-
Dr. Valentina Mata, DMD Dental Office
-
Palms Dental Care Dental Office
-
Dr. Morgan Coakley Dental Office
-
Dr. Kyle Kromrey Dental Office
-
Dr. Kevin Koscso Dental Office
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$11.11M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$11.21M
Owner & transaction history
Cr Sherbrooke LLC · 5 yrs held
Cr Sherbrooke LLC
since 2021
Last sale
$10.6M
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
Method
Estimation
Statistic approach
$12,530,000
ML approach
$11,110,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$11.21M
Range $10.09M – $12.33M · ±10% · vs last sale $10.60M (Apr 15 2021)
Last sale anchor
$10.60M
Apr 15 2021
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
$1,544 / 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
$26,921
Tax year 2023
Assessed value
$1,408,371
Assessed 2023
Previous assessed
$1,480,544
-4.9% YoY
Effective rate
1.91%
On assessed value
Assessed land
$514,765
Assessed improvement
$893,606
Land market value
$514,765
Improvement market value
$893,606
Total market value
$1,408,371
Applied tax rate
203.0000
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
Community centers
Use group
MINI-MALL
Status
Off-Market
Year built
2004
Construction
CONCRETE
Heating
NONE
Cooling
CENTRAL
Stories
1
Total area
7,259 SF
Lot
5.97 ac (260,245 SF)
Zoning code
MUPD
APN
00-42-44-41-06-001-0010
UPID
US18-3455205
Jurisdiction
PALM BEACH
Metro division
WEST PALM BEACH-BOCA RATON-BOYNTON BEACH, FL METROPOLITAN DIVISION
Zoning & alternative use
MUPD · Lake Worth, FLZoning 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
Building & site characteristics
From public records
Year built
2004
Construction
CONCRETE
Heating
NONE
Cooling
Yes
Stories
1
Lot
5.97 ac
Current owner
From public records · entity-resolved
Cr Sherbrooke LLC
Entity
Mailing address
1427 CLARKVIEW RD STE #500, BALTIMORE, MD 21209-0016
Ownership since
2021
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
8 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Apr 15, 2021
$10,600,000
Cr Sherbrooke LLC
G&i Viii Sherbrooke LLC
Special Warranty Deed
—
Sep 18, 2015
$11,150,000
G & I Viii Sherbrooke LLC
Bre Ddr Br Sherbrooke Fl LLC
Grant Deed
related
—
Aug 4, 2015
$11,150,000
G & I Viii Sherbrooke LLC
Bre Ddr Br Sherbrooke Fl LLC
Grant Deed
—
Nov 12, 2014
$12,000,000
Bre Ddr Br Sherbrooke Fl LLC
Cole Mt Lake Worth Fl LLC
Grant Deed
related
$1,072,860,000 · Wells Fargo Bk
May 1, 2012
$10,500,000
Cole Mt Lake Worth Fl LLC
Abnk Lake Worth LLC
Grant Deed
—
Sep 30, 2008
$6,775,000
Abnk Lake Worth LLC
Slabbage Group Ll INC
Grant Deed
$11,435,119 · Regions Bank
—
—
Abnk Lake Worth LLC
—
Deed Of Trust
related
$7,199,505 · Regions Bank
—
—
G & I Viii Sherbrooke LLC
—
Deed Of Trust
related
$8,250,000 · Barclays Bk/plc
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 8918 Lantana Rd Ste B?
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.
