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Property profile & analytics
OFF-MARKET
Estimated value
$18,500,000
Schools
2000 Commercial Blvd Fort Lauderdale, FL 33309-3073
Entity Owned
2-yr Hold
Free & Clear
Property ID
US18-4101769
Property profile
Verified
Property type
Schools
Use group
COLLEGE, UNIVERSITY, VOC SCHOOL
Year built
1971
Construction
CONCRETE
Total area
133,295 SF
Lot
8.71 ac (379,453 SF)
Zoning code
AIP
APN
49-42-16-13-0030
UPID
US18-4101769
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
Current use
Occupant on record · Public records
-
Dawn M. Stackewicz, MS Physician
-
Dr. Richard M. Steinman, MD Physician Medical Clinic
-
City College: Abrams-Rosenbe Lisa J MD Physician
-
City College: Fortgang Kenneth MD Medical School
-
City College: Hughes John Jay MD Physician
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$18.50M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$12.46M
Blend (final)
Blend
$18.50M
Owner & transaction history
Broward County · 2 yrs held
Broward County
since 2024
Last sale
$18.5M
4 recorded transactions
Zoning & alternative use
AIP · Fort Lauderdale, FL
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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 Fort Lauderdale submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Fort 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
$18,500,000
ML approach
$18,500,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$18.50M
Range $16.65M – $20.35M · ±10% · vs last sale $18.50M (Jan 12 2024)
Last sale anchor
$18.50M
Jan 12 2024
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
$139 / 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
$393,352
Tax year 2023
Assessed value
$16,678,820
Assessed 2023
Previous assessed
$16,678,820
+0.0% YoY
Effective rate
2.36%
On assessed value
Assessed land
$4,932,890
Assessed improvement
$11,745,930
Land market value
$4,932,890
Improvement market value
$11,745,930
Total market value
$16,678,820
Applied tax rate
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
Schools
Use group
COLLEGE, UNIVERSITY, VOC SCHOOL
Status
Off-Market
Year built
1971
Construction
CONCRETE
Heating
NONE
Cooling
YES
Stories
2
Total area
133,295 SF
Lot
8.71 ac (379,453 SF)
Zoning code
AIP
APN
49-42-16-13-0030
UPID
US18-4101769
Jurisdiction
BROWARD
Metro division
FORT LAUDERDALE-POMPANO BEACH-DEERFIELD BEACH, FL METROPOLITAN DIVISION
Zoning & alternative use
AIP · Fort Lauderdale, FL
Zoning AIP · permitted uses
AIP · Fort Lauderdale, FL
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Fort Lauderdale. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1971
Construction
CONCRETE
Heating
NONE
Cooling
Yes
Stories
2
Lot
8.71 ac
Current owner
From public records · entity-resolved
Broward County
Entity
Free & Clear · 2 yrs held
Mailing address
115 S ANDREWS AVE, FORT LAUDERDALE, FL 33301-1818
Ownership since
2024
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
4 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jan 12, 2024
$18,500,000
Broward County
Commercial Blvd Realty LLC
Special Warranty Deed
—
Mar 29, 2021
$15,700,000
Commercial Blvd Realty LLC
City College INC
Warranty Deed
$9,505,940 · Live Oak Banking Company
Nov 12, 2004
$11,220,000
City College INC
Koll Bren Fund Vi
Grant Deed
$12,225,000 · Citibank Fsb
Aug 6, 1998
$9,846,000
Unum Life Insurance Co America
Tbc Atrium INC
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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