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Property profile & analytics
OFF-MARKET
Estimated value
$4,770,000
Retail space
1011 Hallandale Bch Blvd 1021 Hallandale Beach, FL 33009-5277
Entity Owned
5-yr Hold
~
Est. High Equity
Property ID
US18-7949684
Property profile
Verified
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Year built
2014
Construction
CONCRETE
Total area
13,687 SF
Lot
1.01 ac (44,060 SF)
Zoning code
B-G
APN
51-42-28-73-0010
UPID
US18-7949684
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
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$5.84M
CAP Approach
CAP
$3.56M
Comparable Approach
Comparable
$6.09M
Blend (final)
Blend
$4.77M
Owner & transaction history
Hallandale Airport II LLC · 5 yrs held
Hallandale Airport II LLC
since 2020
Last sale
$4.0M
4 recorded transactions
Zoning & alternative use
B-G · Hallandale Beach, FL
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Office building
$7.9M
+65.1%
Industrial (general)
$6.3M
+31.5%
Medical building
$4.8M
+0.4%
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 Hallandale Beach submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Hallandale Beach 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
$5,185,000
ML approach
$5,840,000
CAP Approach
CAP Return
Estimation
6%
$3,855,000
6.5%
$3,560,000
7%
$3,305,000
Alternative Use
Use
Estimation
RETAIL STORES
$4,785,000
Current use
OFFICE BUILDING
$7,895,000
Change: +65% · Conversion: Easy
INDUSTRIAL (GENERAL)
$6,290,000
Change: +31% · Conversion: Difficult
MEDICAL BUILDING
$4,805,000
Change: +0% · Conversion: Difficult
COMMERCIAL (GENERAL)
$3,855,000
Change: -19% · Conversion: Easy
Blend value · Realmo final
$4.77M
Range $4.29M – $5.25M · ±10% · vs last sale $3.98M (Aug 28 2020)
Last sale anchor
$3.98M
Aug 28 2020
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
$349 / 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
$75,026
Tax year 2023
Assessed value
$3,215,200
Assessed 2023
Previous assessed
$3,215,200
+0.0% YoY
Effective rate
2.33%
On assessed value
Assessed land
$616,840
Assessed improvement
$2,598,360
Land market value
$616,840
Improvement market value
$2,598,360
Total market value
$3,215,200
Applied tax rate
2,513.0000
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
Off-Market
Year built
2014
Construction
CONCRETE
Heating
NONE
Stories
1
Total area
13,687 SF
Lot
1.01 ac (44,060 SF)
Zoning code
B-G
APN
51-42-28-73-0010
UPID
US18-7949684
Jurisdiction
BROWARD
Metro division
FORT LAUDERDALE-POMPANO BEACH-DEERFIELD BEACH, FL METROPOLITAN DIVISION
Zoning & alternative use
B-G · Hallandale Beach, FL
Zoning B-G · permitted uses
B-G · Hallandale Beach, FL
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Hallandale Beach. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
RETAIL STORES Current
Est. value
$4.8M
OFFICE BUILDING
Est. value
$7.9M
INDUSTRIAL (GENERAL)
Est. value
$6.3M
MEDICAL BUILDING
Est. value
$4.8M
COMMERCIAL (GENERAL)
Est. value
$3.9M
RETAIL STORES Current
OFFICE BUILDING
INDUSTRIAL (GENERAL)
MEDICAL BUILDING
COMMERCIAL (GENERAL)
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
2014
Construction
CONCRETE
Heating
NONE
Stories
1
Lot
1.01 ac
Current owner
From public records · entity-resolved
Hallandale Airport II LLC
Entity
Mailing address
210 71ST ST STE #309, MIAMI BEACH, FL 33141-3235
Ownership since
2020
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
4 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Aug 28, 2020
$3,976,000
Hallandale Airport II LLC
Hb1000-18 LLC
Warranty Deed
$2,863,000 · Valley Nat'l Bk
Jan 4, 2017
—
Hb 1000-18 LLC
—
Deed
related
$2,925,000 · Mercantil Commercebank
Jun 10, 2005
$635,714
Hallandale 1011 LLC
Mcdonalds Corp
Grant Deed
—
—
—
Hb 1000-18 LLC
—
Deed Of Trust
related
$2,925,000 · Mercantil Commercebank
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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