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Property profile & analytics
OFF-MARKET
Office buildings
1601-1699 136th Ave Sunrise, FL 33323
Entity Owned
7-yr Hold
~
Est. High Equity
Property ID
US18-0255737
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING (MULTI-STORY)
Year built
1984
Construction
CONCRETE
Total area
34,689 SF
Lot
56.33 ac (2,453,573 SF)
Zoning code
I-1
APN
49-40-34-02-0012
UPID
US18-0255737
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
by Request
Owner & transaction history
Bof Fl Sawgrass Tech Park LLC · 7 yrs held
Bof Fl Sawgrass Tech Park LLC
since 2019
Last sale
$49.0M
7 recorded transactions
Zoning & alternative use
I-1 · Sunrise, FL
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description
The District is intended primarily for the manufacture, processing and assembly of articles and nonobjection able products not involving the use of any materials, processes or machinery
Zone name
Light Industrial
General category
INDUSTRIAL
Zone area
1,147.16 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 Sunrise submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Sunrise 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
—
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
$1,333,588
Tax year 2023
Assessed value
$62,700,790
Assessed 2023
Previous assessed
$65,367,370
-4.1% YoY
Effective rate
2.13%
On assessed value
Assessed land
$15,214,400
Assessed improvement
$47,486,390
Land market value
$15,214,400
Improvement market value
$47,486,390
Total market value
$62,700,790
Applied tax rate
2,112.0000
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
Office buildings
Use group
OFFICE BUILDING (MULTI-STORY)
Status
Off-Market
Year built
1984
Construction
CONCRETE
Heating
NONE
Cooling
YES
Buildings
11
Stories
2
Bathrooms
52
Total area
34,689 SF
Lot
56.33 ac (2,453,573 SF)
Zoning code
I-1
APN
49-40-34-02-0012
UPID
US18-0255737
Jurisdiction
BROWARD
Metro division
FORT LAUDERDALE-POMPANO BEACH-DEERFIELD BEACH, FL METROPOLITAN DIVISION
Zoning & alternative use
I-1 · Sunrise, FLZoning I-1 · permitted uses
I-1 · Sunrise, FL
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Zoning description
The District is intended primarily for the manufacture, processing and assembly of articles and nonobjection able products not involving the use of any materials, processes or machinery
Zone name
Light Industrial
General category
INDUSTRIAL
Zone area
1,147.16 ac
Source
Realmo
Building & site characteristics
From public records
Year built
1984
Construction
CONCRETE
Heating
NONE
Cooling
Yes
Stories
2
Buildings
11
Bathrooms
52
Lot
56.33 ac
Current owner
From public records · entity-resolved
Bof Fl Sawgrass Tech Park LLC
Entity
Mailing address
1277 LENOX PARK BLVD NE #200, BROOKHAVEN, GA 30319-6010
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
9 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Mar 4, 2019
$74,250,000
Bof Fl Sawgrass Tech Park LLC
Fifteen Gap Sawgrass LLC
Grant Deed
$36,920,000 · Capital One Bank NA
Nov 14, 2018
—
City Of Sunrise
Fifteen Gap Sawgrass LLC
Quit Claim Deed
related
—
Mar 15, 2017
$10,500,000
Unity Real Estate Invs LLC
Fifteen Gap Sawgrass LLC
Grant Deed
—
Mar 15, 2017
$1,050,000
Unity Real Estate Investment LLC
Fifteen Gap Sawgrass LLC
Special Warranty Deed
—
May 22, 2013
$52,000,000
Fifteen Gap Sawgrass LLC
N/s Sawgrass Office Associates
Grant Deed
$40,840,000 · Wells Fargo Bk
Mar 31, 2009
—
Riverbend At Las Olas LLC
—
Trustees Deed
related
$1,497,539 · Transcapital Bank
Oct 18, 2005
$79,000,000
N/s Sawgrass Office Assocs LLC
Acp Office I LLC
Grant Deed
$55,000,000 · Metropolitan Life Insurance
—
—
Unity R & E Invs LLC
—
Deed Of Trust
related
$5,350,000 · City Nat'l Bk/fl
—
—
Fifteen Gap Sawgrass LLC
—
Loan Modification
related
—
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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