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Property profile & analytics
OFF-MARKET
Estimated value
$675,000
Investment properties
902 Dixie Hwy Lake Worth, FL 33460-5114
Entity Owned
3-yr Hold
~
Est. High Equity
Property ID
US18-5740996
Property profile
Verified
Property type
Investment properties
Use group
OFFICE/RESIDENTIAL (MIXED USE)
Year built
1955
Construction
WOOD
Total area
3,053 SF
Lot
0.14 ac (6,251 SF)
Zoning code
MU-DIXIE
APN
38-43-44-27-01-025-0080
UPID
US18-5740996
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
-
STOP N SHOP MARKET Grocery & Convenience Store Food Market
-
Kellam Knives Worldwide Production Facility
-
Stop & Shop Supermarket Grocery & Convenience Store Food Market
-
Western Union Bank Credit Union
-
C Discount Liquor (Bike/Boat/Book/etc) Store Wine and Liquor Store
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$630k
CAP Approach
CAP
$810k
Comparable Approach
Comparable
$876k
Blend (final)
Blend
$675k
Owner & transaction history
Jsf Enterprises LLC · 3 yrs held
Jsf Enterprises LLC
since 2022
Last sale
$500,000
7 recorded transactions
Zoning & alternative use
MU-DIXIE · Lake Worth, FL
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Neighborhood: shopping center
$1.1M
+38.6%
Office building
$985,000
+22.9%
Retail stores
$875,000
+9.4%
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
$810,000
ML approach
$630,000
CAP Approach
CAP Return
Estimation
6%
$880,000
6.5%
$810,000
7%
$750,000
Alternative Use
Use
Estimation
COMMERCIAL (GENERAL)
$800,000
Current use
NEIGHBORHOOD: SHOPPING CENTER
$1,110,000
Change: +39% · Conversion: Difficult
OFFICE BUILDING
$985,000
Change: +23% · Conversion: Easy
RETAIL STORES
$875,000
Change: +9% · Conversion: Easy
WAREHOUSE, STORAGE
$845,000
Change: +6% · Conversion: Difficult
Blend value · Realmo final
$675k
Range $608k – $743k · ±10% · vs last sale $500k (Dec 22 2022)
Last sale anchor
$500k
Dec 22 2022
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
$221 / 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
$10,004
Tax year 2023
Assessed value
$408,711
Assessed 2023
Previous assessed
$325,285
+25.6% YoY
Effective rate
2.45%
On assessed value
Assessed land
$115,063
Assessed improvement
$293,648
Land market value
$115,063
Improvement market value
$293,648
Total market value
$408,711
Applied tax rate
38,457.0000
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
Investment properties
Use group
OFFICE/RESIDENTIAL (MIXED USE)
Status
Off-Market
Year built
1955
Construction
WOOD
Heating
NONE
Cooling
NONE
Stories
1
Total area
3,053 SF
Lot
0.14 ac (6,251 SF)
Zoning code
MU-DIXIE
APN
38-43-44-27-01-025-0080
UPID
US18-5740996
Jurisdiction
PALM BEACH
Metro division
WEST PALM BEACH-BOCA RATON-BOYNTON BEACH, FL METROPOLITAN DIVISION
Zoning & alternative use
MU-DIXIE · Lake Worth, FL
Zoning MU-DIXIE · permitted uses
MU-DIXIE · 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.
Alternative use value scenarios
Repositioning upside vs current use
COMMERCIAL (GENERAL) Current
Est. value
$800,000
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$1.1M
OFFICE BUILDING
Est. value
$985,000
RETAIL STORES
Est. value
$875,000
WAREHOUSE, STORAGE
Est. value
$845,000
COMMERCIAL (GENERAL) Current
NEIGHBORHOOD: SHOPPING CENTER
OFFICE BUILDING
RETAIL STORES
WAREHOUSE, STORAGE
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
1955
Construction
WOOD
Heating
NONE
Cooling
Yes
Stories
1
Lot
0.14 ac
Current owner
From public records · entity-resolved
Jsf Enterprises LLC
Entity
Mailing address
5359 GRAND BANKS BLVD, GREENACRES, FL 33463-5952
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
7 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Dec 22, 2022
$500,000
Jsf Enterprises LLC
Steven R Mcgowan
Warranty Deed
$370,000 · The Dugan Family Income Onl
Oct 11, 2017
$250,000
Steven R Mcgowan
Ftyg Investments LLC
Warranty Deed
$198,204 · Jack Balch
Jul 22, 2005
$355,000
Ftyg Investments LLC
Schaerer,a G
Warranty Deed
—
Feb 14, 2005
—
Edward J Schaerer
Schaerer,edward J
Quit Claim Deed
related
—
Jun 29, 2004
$260,000
Edward J Schaerer
Caruso,john & Donna M
Grant Deed
—
Dec 30, 1997
$100,000
John Caruso
Main,patricia
Grant Deed
$50,000 · Seller
—
—
Patricia J Main
—
Deed Of Trust
related
$22,400 · First Union Mortgage
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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