Entity Owned Property summary
AI-generated overview
This meticulously renovated 3,936 square foot office building presents a rare opportunity for owner-occupancy or investment in the vibrant Wilton Manors, Florida market. Located at 1515 NE 26th Street, 33305, this single-unit property boasts a contemporary design completed in 2022, seamlessly blending modern aesthetics with classic charm. The building offers ample on-site parking, a significant advantage in this desirable area. Its strategic location provides strong signage visibility along NE 16th Street, a thoroughfare with a high volume of daily traffic (24,500 vehicles per day). Zoned TOC-E, this property is ideally suited for a variety of professional services and offers significant potential for future development. The asking price is $1,950,000. Built in 1959, this building represents a unique blend of historical character and modern functionality, making it an exceptional investment opportunity in a sought-after location. The property's versatile space and prime location make it an attractive prospect for both established businesses and forward-thinking investors seeking a foothold in Wilton Manors' thriving commercial landscape. This is a chance to acquire a well-appointed and strategically positioned commercial property in a highly desirable area.
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Year built
1959
Construction
CONCRETE
Total area
3,936 SF
Lot
0.23 ac (9,998 SF)
Zoning code
TOC EAST
APN
49-42-26-17-0100
UPID
US18-2386897
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
-
Insurance Agency
-
Dental Office
-
Real Estate Agency
-
(Bike/Boat/Book/etc) Store
Location
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$1.86M
Comparable Approach
Comparable
$2.05M
Blend (final)
Blend
$1.86M
Owner & transaction history
since 2025
Last sale
$1.8M
7 recorded transactions
Zoning & alternative use
TOC EAST · Wilton Manors, FL
Top alternative use upside
Neighborhood: shopping center
$3.0M
+58.9%
Commercial (general)
$2.0M
+9.4%
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
Value estimation
Instant AI valuation built from comps, income signals, and proprietary benchmarks. A defensible range, not a single guess.
Unlock the complete Valuation workflow
Full NOI reconstruction, selected comps, alternative-use scenarios, data audit and PDF export.
All 10 comparables with addresses
5 alternative uses screened
Sensitivity value band
Source audit · 6 inputs
PDF export
Professional Plan · 30 reports
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Summary
1
Valuation conclusion
Included free
Estimated market value
$1.86M
Value range
$1.67M – $2.05M
±10% around blend
Estimated value / SF
$473 / SF
Confidence
High
10 county-verified comps
Property data
100
Market benchmarks
67
Comparable evidence
100
$1.67M
blend $1.86M
$2.05M
Market-derived valuation under stabilized market assumptions. Desktop analysis. No physical inspection performed.
2
Subject property
Included free
GBA
3,936 SF
Lot area
0.23 ac
Year built
1959
Stories
1
APN
49-42-26-17-0100
Zoning
TOC EAST
Assessed value
$1,116,640
Annual tax
$24,354
3
Income approach: direct capitalization
Partial preview
Income approach indication
$1.86M
Direct capitalization · @ 6.5% CAP return
@ 6% CAP return
$2.01M
@ 6.5% CAP return
$1.86M
@ 7% CAP return
$1.73M
4
Sales comparison
Partial preview
Sales approach indication
$1.61M
Weighted, 10 comps · high confidence
Evidence
10 found · 6 selected
County-verified recorded sales
Comparable
Sale dateSale price$ / SF
0.7 mi away · 4,656 SF
2.3 mi away · 4,468 SF
2.7 mi away · 3,482 SF
4.4 mi away · 3,057 SF
5.3 mi away · 2,892 SF
5
Sensitivity & risk
Partial preview
Downside
−10%
Base
$1.86M
Upside
+10%
Bounds of the ±10% band vs the blend — never simulated scenarios.
6
Current market position
Included free
Benchmark
Observed band ($/SF)AverageSubject delta
Submarket 627 sales
$474
0%
County 1253 sales
$455
+4%
Band = middle half (Q1–Q3) of recorded sale $/SF for this use type per geography; the diamond marks the subject at $473/SF. Delta below average reads as headroom. Source: Realmo CRE sales derivatives (county records).
7
Alternative use screening
Partial preview
Top alternative use
Neighborhood: Shopping Center
Gross theoretical uplift
+59%
vs current-use indication
Commercial (general)
Office Building · current use
Medical Building
Retail Stores
Values shown before conversion costs, entitlement costs, capital expenditures and stabilization risk.
8
Data & methodology
Included free
Building area
County record
Property tax
County record
Assessed value
County record
Zoning designation
County record
Operating expenses
Modeled
Market rent
Not available
Not analyzed due to unavailable source data: actual rent roll, tenant leases, physical condition and capital
requirements are outside a desktop analysis.
Cost Approach excluded: income and sales evidence cover the value conclusion.
Automated valuation analysis, not a licensed appraisal. Figures are derived from public
records and proprietary models. Desktop analysis: no physical inspection, tenant leases or reported
property income. Verify with a licensed appraiser before transacting.
Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
Unlock the complete Cap Rate workflow
Full market tables, editable assumptions, comparable evidence, saved work and exports.
9-scenario matrix
Comparable evidence · 10 sales
Market rates by use type
PDF export
Professional Plan · 30 reports
from $99/month
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Overview
No cap rate is computable for this property yet: no recorded sale, income signal or market-rate row for its use type.
Price sensitivity
The rate is the decision lever; valuation is the consequence.
Test a cap rate
Implied value$1.76M
Move the market yield to see immediate price impact.
Value / SF
$448
Vs. selected
Base
Derivation
NOI ÷ cap
Arithmetic over the derived NOI * — not market scenario modeling.
NOI × cap matrix
Preview
Preview of 9 modeled outcomes.
NOI
5.00%7.00%9.00%
$111k
$2.22M
$1.59M
$1.24M
$124k
$2.47M
$1.76M
$1.37M
$136k
$2.72M
$1.94M
$1.51M
NOI sensitivity ±10% across the 5 / 7 / 9% anchors — derivation of the NOI above.
Comparable evidence
Partial preview
Recorded sales nearby
10 found
High confidence · county-verified
Closest comparable
$925k
0.4 mi · Oct 2025 · $234/SF
Property tax & assessments
Tax year 2023Property tax & assessments
Tax year 2023
Tax billed
$24,354
Tax year 2023
Assessed value
$1,116,640
Assessed 2023
Previous assessed
$1,062,610
+5.1% YoY
Effective rate
2.18%
On assessed value
Assessed land
$149,970
Assessed improvement
$966,670
Land market value
$149,970
Improvement market value
$966,670
Total market value
$1,116,640
Applied tax rate
912.0000
Automated cap rate analysis. Based on public records, market benchmarks and proprietary
models. Verify with a licensed professional before transacting.
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Office buildings
Use group
OFFICE BUILDING
Status
Off-Market
Year built
1959
Construction
CONCRETE
Heating
NONE
Cooling
YES
Stories
1
Total area
3,936 SF
Lot
0.23 ac (9,998 SF)
Zoning code
TOC EAST
APN
49-42-26-17-0100
UPID
US18-2386897
Jurisdiction
BROWARD
Metro division
FORT LAUDERDALE-POMPANO BEACH-DEERFIELD BEACH, FL METROPOLITAN DIVISION
Zoning & alternative use
TOC EAST · Wilton Manors, FLZoning TOC EAST · permitted uses
TOC EAST · Wilton Manors, FL
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Alternative use value scenarios
Repositioning upside vs current use
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Building & site characteristics
From public records
Year built
1959
Construction
CONCRETE
Heating
NONE
Cooling
Yes
Stories
1
Lot
0.23 ac
Zoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
Zoning designation
County-recorded code
TOC EAST
Jurisdiction
Wilton Manors, FL
Recorded code
TOC EAST
Zoning Insight
What can be built and operated here — officially.
The district profile from the municipal source: what is on file for TOC EAST in Wilton Manors, FL.
What opens after registration
Zoning profile
2 official documentsVerified municipal sources with file download
Match provenanceAssignment basis, match tier and confidence
Private report access
See the official zoning profile for this address.
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Ownership Intelligence
Find the owner behind the property.
Unlock the evidence behind ownership: portfolio, transactions, debt and signals that help you decide who to contact next.
What opens after registration
Ownership report
Owner identityResolved entity and name variants
Portfolio holdingsLinked properties and estimated value
Deal signalsSell-side activity worth following
Debt & historyRecorded loans and transaction history
Private report access
See the ownership record for this address.
Registration is required before any owner information is shown.
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Owner of record and activity signals are derived from public records and modeled classifications.
They do not confirm beneficial ownership or intent to transact.
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