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Property profile & analytics
OFF-MARKET
Estimated value
$4,935,000
Retail space
1581 State Rd 7th 1653 North Lauderdale, FL 33068-4603
Entity Owned
6-yr Hold
~
Est. High Equity
Property ID
US18-2511401
Property profile
Verified
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Year built
1975
Construction
CONCRETE
Total area
31,644 SF
Lot
2.27 ac (98,971 SF)
Zoning code
B-3
APN
49-41-12-02-0011
UPID
US18-2511401
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
$6.35M
Blend (final)
Blend
$4.94M
Owner & transaction history
Bilu Y 2g LLC · 6 yrs held
Bilu Y 2g LLC
since 2019
3 recorded transactions
Zoning & alternative use
B-3 · North Lauderdale, FL
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description
The B-3 general business district is intended to apply to arterial streets and trafficways where business establishments primarily not of a neighborhood or community service type may properly locate to serve large sections of the city and metropolitan area. Such businesses generally require considerable ground area, do not cater directly to pedestrians and n…
Zone name
General Business
General category
COMMERCIAL
Zone area
171.89 ac
Source
Realmo
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 North Lauderdale submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs North Lauderdale 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
$4.94M
Range $4.44M – $5.43M · ±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
$156 / 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
$99,622
Tax year 2023
Assessed value
$3,782,580
Assessed 2023
Previous assessed
$3,406,240
+11.0% YoY
Effective rate
2.63%
On assessed value
Assessed land
$989,710
Assessed improvement
$2,792,870
Land market value
$989,710
Improvement market value
$2,792,870
Total market value
$3,782,580
Applied tax rate
2,912.0000
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
1975
Construction
CONCRETE
Heating
NONE
Cooling
YES
Stories
1
Total area
31,644 SF
Lot
2.27 ac (98,971 SF)
Zoning code
B-3
APN
49-41-12-02-0011
UPID
US18-2511401
Jurisdiction
BROWARD
Metro division
FORT LAUDERDALE-POMPANO BEACH-DEERFIELD BEACH, FL METROPOLITAN DIVISION
Zoning & alternative use
B-3 · North Lauderdale, FLZoning B-3 · permitted uses
B-3 · North Lauderdale, FL
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Zoning description
The B-3 general business district is intended to apply to arterial streets and trafficways where business establishments primarily not of a neighborhood or community service type may properly locate to serve large sections of the city and metropolitan area. Such businesses generally require considerable ground area, do not cater directly to pedestrians and need a conspicuous and accessible location convenient for motorists
Zone name
General Business
General category
COMMERCIAL
Zone area
171.89 ac
Source
Realmo
Building & site characteristics
From public records
Year built
1975
Construction
CONCRETE
Heating
NONE
Cooling
Yes
Stories
1
Lot
2.27 ac
Current owner
From public records · entity-resolved
Bilu Y 2g LLC
Entity
Mailing address
7822 NW 44TH ST, LAUDERHILL, FL 33351-6206
Ownership since
2019
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
3 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Nov 14, 2019
$4,850,000
Bilu Y 2g LLC
Home Tower LLC
Trustees Deed
$3,637,500 · Centerstate Bk NA
May 22, 2006
$4,750,000
Home Tower LLC
Kineret LLC
Warranty Deed
$3,562,500 · Totalbank
—
—
Home Tower LLC
—
Loan Modification
related
$3,854,510 · Totalbank
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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