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Property profile & analytics
OFF-MARKET
Estimated value
$30,705,000
Schools
1640 145th Ave Pembroke Pines, FL 33027-6143
Entity Owned
3-yr Hold
~
Est. High Equity
Property ID
US18-5864637
Property profile
Verified
Property type
Schools
Use group
COLLEGE, UNIVERSITY, VOC SCHOOL
Year built
2011
Construction
CONCRETE
Total area
77,159 SF
Lot
7.64 ac (332,886 SF)
Zoning code
(B-2)
APN
51-40-22-08-0010
UPID
US18-5864637
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
$22.21M
Blend (final)
Blend
$30.71M
Owner & transaction history
Everglades College INC · 3 yrs held
Everglades College INC
since 2023
Last sale
$33.0M
2 recorded transactions
Zoning & alternative use
(B-2) · Pembroke Pines, FL
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Auto repair, garage
$45.4M
+87.6%
Office building
$43.8M
+80.9%
Commercial (general)
$35.9M
+48.3%
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
Method
Estimation
Statistic approach
$34,640,000
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
COLLEGE, UNIVERSITY, VOCATIONAL SCHOOL - PRIVATE
$24,205,000
Current use
AUTO REPAIR, GARAGE
$45,420,000
Change: +88% · Conversion: Difficult
OFFICE BUILDING
$43,780,000
Change: +81% · Conversion: Difficult
COMMERCIAL (GENERAL)
$35,905,000
Change: +48% · Conversion: Difficult
INDUSTRIAL (GENERAL)
$35,455,000
Change: +46% · Conversion: Difficult
MEDICAL BUILDING
$27,080,000
Change: +12% · Conversion: Difficult
Blend value · Realmo final
$30.71M
Range $27.63M – $33.78M · ±10% · vs last sale $32.98M (Feb 28 2023)
Last sale anchor
$32.98M
Feb 28 2023
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
$398 / 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
$298,583
Tax year 2023
Assessed value
$13,525,450
Assessed 2023
Previous assessed
$13,459,090
+0.5% YoY
Effective rate
2.21%
On assessed value
Assessed land
$3,961,340
Assessed improvement
$9,564,110
Land market value
$3,961,340
Improvement market value
$9,564,110
Total market value
$13,525,450
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
Schools
Use group
COLLEGE, UNIVERSITY, VOC SCHOOL
Status
Off-Market
Year built
2011
Construction
CONCRETE
Heating
NONE
Stories
2
Total area
77,159 SF
Lot
7.64 ac (332,886 SF)
Zoning code
(B-2)
APN
51-40-22-08-0010
UPID
US18-5864637
Jurisdiction
BROWARD
Metro division
FORT LAUDERDALE-POMPANO BEACH-DEERFIELD BEACH, FL METROPOLITAN DIVISION
Zoning & alternative use
(B-2) · Pembroke Pines, FL
Zoning (B-2) · permitted uses
(B-2) · 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.
Alternative use value scenarios
Repositioning upside vs current use
COLLEGE, UNIVERSITY, VOCATIONAL SCHOOL - PRIVATE Current
Est. value
$24.2M
AUTO REPAIR, GARAGE
Est. value
$45.4M
OFFICE BUILDING
Est. value
$43.8M
COMMERCIAL (GENERAL)
Est. value
$35.9M
INDUSTRIAL (GENERAL)
Est. value
$35.5M
MEDICAL BUILDING
Est. value
$27.1M
COLLEGE, UNIVERSITY, VOCATIONAL SCHOOL - PRIVATE Current
AUTO REPAIR, GARAGE
OFFICE BUILDING
COMMERCIAL (GENERAL)
INDUSTRIAL (GENERAL)
MEDICAL BUILDING
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Alternative use deep dive
Conversion cost · permit path · stabilized NOI per option
Building & site characteristics
From public records
Year built
2011
Construction
CONCRETE
Heating
NONE
Stories
2
Lot
7.64 ac
Current owner
From public records · entity-resolved
Everglades College INC
Entity
Mailing address
1900 W COMMERCIAL BLVD STE #180, FORT LAUDERDALE, FL 33309-7133
Ownership since
2023
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
2 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Feb 28, 2023
$32,980,000
Everglades College INC
Demeter Pembroke Pines Ltd
Special Warranty Deed
$24,735,000 · Td Banknorth Mortgage Group
Jul 29, 2019
—
Demeter Pembroke Pines Ltd
—
Loan Modification
related
$16,000,000 · Bbva USA
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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