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Property profile & analytics
OFF-MARKET
Estimated value
$7,220,000
Outlet malls
11251 Pnes Blvd Pembroke Pines, FL 33026-4118
Entity Owned
8-yr Hold
Free & Clear
Property ID
US18-0271722
Property profile
Verified
Property type
Outlet malls
Use group
WHOLESALE OUTLET, DISCOUNT STORE
Year built
1994
Construction
CONCRETE
Total area
51,152 SF
Lot
4.56 ac (198,452 SF)
Zoning code
(B-3)
APN
51-40-13-13-0033
UPID
US18-0271722
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
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$7.22M
Owner & transaction history
Rk Pembroke Pines LLC · 8 yrs held
Rk Pembroke Pines LLC
since 2017
6 recorded transactions
Zoning & alternative use
(B-3) · Pembroke Pines, 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 Pembroke Pines submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Pembroke Pines 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
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
$141 / 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
$188,604
Tax year 2023
Assessed value
$9,010,100
Assessed 2023
Previous assessed
$9,010,100
+0.0% YoY
Effective rate
2.09%
On assessed value
Assessed land
$2,579,890
Assessed improvement
$6,430,210
Land market value
$2,579,890
Improvement market value
$6,430,210
Total market value
$9,010,100
Applied tax rate
2,613.0000
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
Outlet malls
Use group
WHOLESALE OUTLET, DISCOUNT STORE
Status
Off-Market
Year built
1994
Construction
CONCRETE
Heating
NONE
Cooling
YES
Stories
1
Total area
51,152 SF
Lot
4.56 ac (198,452 SF)
Zoning code
(B-3)
APN
51-40-13-13-0033
UPID
US18-0271722
Jurisdiction
BROWARD
Metro division
FORT LAUDERDALE-POMPANO BEACH-DEERFIELD BEACH, FL METROPOLITAN DIVISION
Zoning & alternative use
(B-3) · Pembroke Pines, FL
Zoning (B-3) · permitted uses
(B-3) · Pembroke Pines, FL
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Pembroke Pines. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1994
Construction
CONCRETE
Heating
NONE
Cooling
Yes
Stories
1
Lot
4.56 ac
Current owner
From public records · entity-resolved
Rk Pembroke Pines LLC
Entity
Free & Clear · 8 yrs held
Mailing address
17100 COLLINS AVE STE #225, SUNNY ISLES BEACH, FL 33160-3675
Ownership since
2017
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
6 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jul 1, 2020
—
Rk Pembroke Pines LLC
—
Deed
related
$16,950,000 · Bank Of America
Jul 31, 2017
$22,600,000
Rk Pembroke Pines LLC
Bre Ddr Ivb Pembroke Fl LLC
Grant Deed
—
Dec 30, 2015
$10,525,000
Bre Ddr Ivb Pembroke Fl LLC
Morris Pembroke Lakes Assocs L
Grant Deed
—
Apr 5, 2012
$7,830,000
Morris Pembroke Lakes Associat
W/b Pembroke Retail Ltd
Grant Deed
—
Mar 30, 2007
$5,300,000
W/b Pembroke Retail Ltd
Sm Newco Pembroke Pines LLC
Special Warranty Deed
$4,500,000 · Greenwich Capital Financial Product
—
—
Rk Pembroke Pines LLC
—
Deed Of Trust
related
$16,950,000 · Bank Of America
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
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