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Property profile & analytics
OFF-MARKET
Estimated value
$10,140,000
Warehouses
1800 Commerce Pkwy 1880 Weston, FL 33326-3221
Entity Owned
Free & Clear
Property ID
US18-3690589
Property profile
Verified
Property type
Warehouses
Use group
WAREHOUSE, STORAGE
Year built
1999
Construction
CONCRETE
Total area
26,020 SF
Lot
4.72 ac (205,659 SF)
Zoning code
I-1
APN
50-40-17-02-0100
UPID
US18-3690589
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
$6.65M
Comparable Approach
Comparable
$8.53M
Blend (final)
Blend
$10.14M
Owner & transaction history
Pp Sunshine Owner LLC
Pp Sunshine Owner LLC
since 2026
Last sale
$12.7M
3 recorded transactions
Zoning & alternative use
I-1 · Weston, FL
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Commercial (general)
$13.5M
+75.7%
Office building
$12.3M
+60.6%
Industrial (general)
$12.2M
+59.4%
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 Weston submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Weston 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%
$7,205,000
6.5%
$6,650,000
7%
$6,175,000
Alternative Use
Use
Estimation
WAREHOUSE, STORAGE
$7,675,000
Current use
COMMERCIAL (GENERAL)
$13,480,000
Change: +76% · Conversion: Difficult
OFFICE BUILDING
$12,320,000
Change: +61% · Conversion: Difficult
INDUSTRIAL (GENERAL)
$12,225,000
Change: +59% · Conversion: Easy
MEDICAL BUILDING
$12,125,000
Change: +58% · Conversion: Difficult
Blend value · Realmo final
$10.14M
Range $9.13M – $11.15M · ±10% · vs last sale $12.70M (Aug 7 2020)
Last sale anchor
$12.70M
Aug 7 2020
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
$390 / 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
$204,644
Tax year 2023
Assessed value
$9,312,890
Assessed 2023
Previous assessed
$8,548,770
+8.9% YoY
Effective rate
2.20%
On assessed value
Assessed land
$2,056,590
Assessed improvement
$7,256,300
Land market value
$2,056,590
Improvement market value
$7,256,300
Total market value
$9,312,890
Applied tax rate
3,312.0000
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
Warehouses
Use group
WAREHOUSE, STORAGE
Status
Off-Market
Year built
1999
Construction
CONCRETE
Heating
NONE
Buildings
5
Stories
1
Total area
26,020 SF
Lot
4.72 ac (205,659 SF)
Zoning code
I-1
APN
50-40-17-02-0100
UPID
US18-3690589
Jurisdiction
BROWARD
Metro division
FORT LAUDERDALE-POMPANO BEACH-DEERFIELD BEACH, FL METROPOLITAN DIVISION
Zoning & alternative use
I-1 · Weston, FL
Zoning I-1 · permitted uses
I-1 · Weston, FL
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Weston. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
WAREHOUSE, STORAGE Current
Est. value
$7.7M
COMMERCIAL (GENERAL)
Est. value
$13.5M
OFFICE BUILDING
Est. value
$12.3M
INDUSTRIAL (GENERAL)
Est. value
$12.2M
MEDICAL BUILDING
Est. value
$12.1M
WAREHOUSE, STORAGE Current
COMMERCIAL (GENERAL)
OFFICE BUILDING
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
1999
Construction
CONCRETE
Heating
NONE
Stories
1
Buildings
5
Lot
4.72 ac
Current owner
From public records · entity-resolved
Pp Sunshine Owner LLC
Entity
Free & Clear · 0 yrs held
Mailing address
PO BOX A3879, CHICAGO, IL 60690-3879
Ownership since
2026
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
Apr 16, 2026
—
Pp Sunshine Owner LLC
—
Deed
related
$296,200,000 · Wellsfargobankna
Feb 27, 2026
—
Pp Sunshine Owner LLC
Pp Sunshine Owner LLC
Deed
related
—
Aug 7, 2020
$12,700,000
Pp Sunshine Owner LLC
Elion IV Wbp LLC
Grant Deed
—
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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