New search
Property profile & analytics
OFF-MARKET
Estimated value
$1,010,000
Hotels
915 Dixie Hwy 1, Lake Worth, FL 33460-5113
Individually Owned
2-yr Hold
~
Est. High Equity
Property ID
US18-8514349
Property profile
Verified
Property type
Hotels
Use group
HOTEL/MOTEL
Year built
1950
Construction
WOOD
Total area
1,526 SF
Lot
0.31 ac (13,403 SF)
Zoning code
MU-DIXIE
APN
38-43-44-21-15-255-0110
UPID
US18-8514349
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
-
Cells2go Repair, Unlock, Unlocked iPhones, Buy Phone Computer & Electronic Repair Tech Support Center
-
Amazon Hub Counter - Cells2go Courier Service Postal Service
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$1.01M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$788k
Blend (final)
Blend
$1.01M
Owner & transaction history
Oleg Alba · 2 yrs held
Oleg Alba
since 2024
Last sale
$1.0M
7 recorded transactions
Zoning & alternative use
MU-DIXIE · 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
$1,010,000
ML approach
$1,010,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
HOTEL/MOTEL
$640,000
Current use
AUTO REPAIR, GARAGE
$630,000
Change: -2% · Conversion: Difficult
Blend value · Realmo final
$1.01M
Range $909k – $1.11M · ±10% · vs last sale $1.01M (Apr 23 2024)
Last sale anchor
$1.01M
Apr 23 2024
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
$662 / 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
$8,242
Tax year 2023
Assessed value
$332,234
Assessed 2023
Previous assessed
$332,234
+0.0% YoY
Effective rate
2.48%
On assessed value
Assessed land
$164,455
Assessed improvement
$167,779
Land market value
$164,455
Improvement market value
$167,779
Total market value
$332,234
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
Hotels
Use group
HOTEL/MOTEL
Status
Off-Market
Year built
1950
Construction
WOOD
Heating
NONE
Cooling
NONE
Buildings
2
Stories
1
Units
4
Rooms
10
Total area
1,526 SF
Lot
0.31 ac (13,403 SF)
Zoning code
MU-DIXIE
APN
38-43-44-21-15-255-0110
UPID
US18-8514349
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
HOTEL/MOTEL Current
Est. value
$640,000
AUTO REPAIR, GARAGE
Est. value
$630,000
HOTEL/MOTEL Current
AUTO REPAIR, GARAGE
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
1950
Construction
WOOD
Heating
NONE
Cooling
Yes
Stories
1
Buildings
2
Units
4
Rooms
10
Lot
0.31 ac
Current owner
From public records · entity-resolved
Oleg Alba
Individual
Mailing address
1324 SW 102ND AVE, MIAMI, FL 33174-2725
Ownership since
2024
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 23, 2024
$1,010,000
Oleg Alba
Lakum Enterprises LLC
Warranty Deed
$700,000 · Lakum Enterprises LLC
Apr 23, 2024
—
Oleg Alba
—
Deed
related
$700,000 · Lakum Enterprises LLC
Jan 23, 2015
$330,000
Lakum Ents LLC
Zapata Ents INC
Warranty Deed
$140,000 · Zapata Ents INC
Oct 3, 2007
$250,100
Zapata Ents INC
Cintron Ents LLC Coc
Trustees Deed
related
—
Nov 12, 2004
$520,000
Cintron Ents LLC
Zapata Ents LLC
Warranty Deed
$455,000 · Zapata Ents INC
Jan 8, 1998
$165,000
Zapata Enterprises INC
Schaun Associates INC
Grant Deed
$40,000 · Shaun Associates INC
—
—
Zapata Ents INC
—
Loan Modification
related
$408,441 · Bankunited Fsb
—
—
Zapata Ents INC
—
Deed Of Trust
related
$512,000 · Bankunited Fsb
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 915 Dixie Hwy, Unit 1?
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.
