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Property profile & analytics
OFF-MARKET
Estimated value
$9,970,000
Hotels
11775 Heron Bay Blvd Coral Springs, FL 33076-1941
Individually Owned
20-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US18-3602478
Property profile
Verified
Property type
Hotels
Use group
HOTEL
Year built
1999
Construction
CONCRETE
Total area
163,415 SF
Lot
3 ac (130,656 SF)
Zoning code
GC
APN
48-41-06-01-0013
UPID
US18-3602478
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
$9.21M
Blend (final)
Blend
$9.97M
Owner & transaction history
Finance I Atrium · 20 yrs held
Finance I Atrium
since 2005
5 recorded transactions
Zoning & alternative use
GC · Coral Springs, 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 Coral Springs submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Coral Springs 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
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$9.97M
Range $8.97M – $10.97M · ±10%
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
$61 / 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
$409,791
Tax year 2023
Assessed value
$24,370,810
Assessed 2023
Previous assessed
$24,370,810
+0.0% YoY
Effective rate
1.68%
On assessed value
Assessed land
$1,567,870
Assessed improvement
$22,802,940
Land market value
$1,567,870
Improvement market value
$22,802,940
Total market value
$24,370,810
Applied tax rate
2,812.0000
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
Status
Off-Market
Year built
1999
Construction
CONCRETE
Heating
NONE
Stories
7
Units
224
Total area
163,415 SF
Lot
3 ac (130,656 SF)
Zoning code
GC
APN
48-41-06-01-0013
UPID
US18-3602478
Jurisdiction
BROWARD
Metro division
FORT LAUDERDALE-POMPANO BEACH-DEERFIELD BEACH, FL METROPOLITAN DIVISION
Zoning & alternative use
GC · Coral Springs, FL
Zoning GC · permitted uses
GC · Coral Springs, FL
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Coral Springs. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1999
Construction
CONCRETE
Heating
NONE
Stories
7
Units
224
Lot
3 ac
Current owner
From public records · entity-resolved
Finance I Atrium
Individual
Mailing address
12735 MORRIS RD EXT STE #400, ALPHARETTA, GA 30004-8904
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2005
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
5 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Dec 14, 2017
—
Atrium Finance I LP
—
Deed
related
$600,000,000 · Goldman Sachs Mtg
Oct 10, 2005
$15,006,000
Finance I Atrium
John Q Hammons Hotels
Deed Of Trust
related
$241,000,000 · Archon Financial LP
May 23, 2002
—
John Q Hammons Hotels LP
John Q Hammons Hotels Two LP
Quit Claim Deed
related
$19,788,000 · Wachovia Bank NA Trustee
—
—
Atrium Finance I LP
—
Deed Of Trust
related
$585,000,000 · Jp Morgan Chase Bk
—
—
Atrium Finance I LP
—
Loan Modification
related
$600,000,000 · Goldman Sachs Mtg
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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