2006 Polk St Hollywood, FL 33020-4511
Entity Owned
22-yr Hold
Free & Clear
Estimated value (blended)
$365k
Range $329k – $402k (±10%)
Property ID
US18-1435154
Property profile
Verified
Property type
Commercial land
Use group
VACANT COMMERCIAL LAND
Year built
1956
Lot
0.12 ac (5,113 SF)
Zoning code
ND-3
APN
51-42-15-01-1850
UPID
US18-1435154
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
-
Tattoo & Piercing Shop
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$365k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$365k
Owner & transaction history
since 2003
4 recorded transactions
Zoning & alternative use
ND-3 · Hollywood, FL
Zoning description
ND-3 - North Downtown High Intensity Mixed-Use District Uses Main Permitted Uses Accessory Uses Special Exception Uses Prohibited Uses Adult Educational Facilities 1 Amusement Uses (Indoor and Outdoor) Light Manufacturin…
General category
MIXED_USE
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
Value estimation
Instant AI valuation built from comps, income signals, and proprietary benchmarks. A defensible range, not a single guess.
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Unlock the complete Valuation workflow
Full NOI reconstruction, selected comps, alternative-use scenarios, data audit and PDF export.
Sensitivity value band
Source audit · 10 inputs
PDF export
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Summary
1
Valuation conclusion
Included free
Estimated market value
$365k
Value range
$329k – $402k
±10% around blend
Confidence
Property data
63
Market benchmarks
100
Comparable evidence
60
$329k
blend $365k
$402k
Market-derived valuation under stabilized market assumptions. Desktop analysis. No physical inspection performed.
2
Subject property
Included free
Lot area
0.12 ac
Year built
1956
APN
51-42-15-01-1850
Assessed value
$255,650
Annual tax
$3,474
3
Income approach: direct capitalization
Partial preview
Not enough income data on file for a CAP-approach estimation.
4
Sales comparison
Partial preview
Too few qualifying comparables for a sales-approach estimation.
5
Sensitivity & risk
Partial preview
Downside
−10%
Base
$365k
Upside
+10%
Bounds of the ±10% band vs the blend — never simulated scenarios.
6
Current market position
Included free
Benchmark
Observed band ($/SF)AverageSubject delta
ZIP 40 sales
$452
—
Submarket 107 sales
$465
—
County 497 sales
$485
—
Band = middle half (Q1–Q3) of recorded sale $/SF for this use type per geography. Delta below average reads as headroom. Source: Realmo CRE sales derivatives (county records).
7
Data & methodology
Included free
Building area
Not available
Property tax
County record
Assessed value
County record
Zoning designation
Not available
Operating expenses
Not available
Market rent
Not available
Actual rent roll
Not available
Tenant leases
Not available
Physical condition
Not inspected
Conversion costs
Not available
Not analyzed due to unavailable source data: tenant leases, physical condition and capital
requirements were not available for this desktop analysis. Cost Approach excluded due to
availability of income evidence.
Automated valuation analysis, not a licensed appraisal. Figures are derived from public
records and proprietary models. Desktop analysis: no physical inspection, tenant leases or reported
property income. Verify with a licensed appraiser before transacting.
Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
17% off on annual
Unlock the complete Cap Rate workflow
Full market tables, editable assumptions, comparable evidence, saved work and exports.
9-scenario matrix
Market rates by use type
PDF export
Analytics Standard · 5 reports
from $99/month
from $99/month
Overview
No cap rate is computable for this property yet: no recorded sale, income signal or market-rate row for its use type.
Price sensitivity
The rate is the decision lever; valuation is the consequence.
Test a cap rate
Implied value$256k
Move the market yield to see immediate price impact.
Value / SF
—
Vs. selected
Base
Derivation
NOI ÷ cap
Arithmetic over the derived NOI * — not market scenario modeling.
NOI × cap matrix
Preview
Preview of 9 modeled outcomes.
NOI
5.00%7.00%9.00%
$16k
$322k
$230k
$179k
$18k
$358k
$256k
$199k
$20k
$394k
$281k
$219k
NOI sensitivity ±10% across the 5 / 7 / 9% anchors — derivation of the NOI above.
Property tax & assessments
Tax year 2023Property tax & assessments
Tax year 2023
Tax billed
$3,474
Tax year 2023
Assessed value
$255,650
Assessed 2023
Previous assessed
$230,090
+11.1% YoY
Effective rate
1.36%
On assessed value
Assessed land
$255,650
Land market value
$255,650
Total market value
$255,650
Applied tax rate
513.0000
Automated cap rate analysis. Based on public records, market benchmarks and proprietary
models. Verify with a licensed professional before transacting.
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Commercial land
Use group
VACANT COMMERCIAL LAND
Status
Off-Market
Year built
1956
Heating
NONE
Lot
0.12 ac (5,113 SF)
Zoning code
ND-3
APN
51-42-15-01-1850
UPID
US18-1435154
Jurisdiction
BROWARD
Metro division
FORT LAUDERDALE-POMPANO BEACH-DEERFIELD BEACH, FL METROPOLITAN DIVISION
Zoning & alternative use
ND-3 · Hollywood, FLZoning ND-3 · permitted uses
ND-3 · Hollywood, FL
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Zoning description
ND-3 - North Downtown High Intensity Mixed-Use District Uses Main Permitted Uses Accessory Uses Special Exception Uses Prohibited Uses Adult Educational Facilities 1 Amusement Uses (Indoor and Outdoor) Light Manufacturin…
General category
MIXED_USE
Building & site characteristics
From public records
Year built
1956
Heating
NONE
Lot
0.12 ac
Zoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
Zoning designation
Matched to the official district catalog
ND-3
MIXED_USE
Jurisdiction
Hollywood, FL
Recorded code
ND-3
Official district
ND-3
Zoning Insight
What can be built and operated here — officially.
The district profile from the municipal source: what is on file for ND-3 in Hollywood, FL.
What opens after registration
Zoning profile
Official descriptionThe district text from the municipal code
District factsZone name, category and district area
2 official documentsVerified municipal sources with file download
Match provenanceAssignment basis, match tier and confidence
Private report access
See the official zoning profile for this address.
Registration is required before the official district profile is shown.
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Ownership Intelligence
Find the owner behind the property.
Unlock the evidence behind ownership: portfolio, transactions, debt and signals that help you decide who to contact next.
What opens after registration
Ownership report
Owner identityResolved entity and name variants
Portfolio holdingsLinked properties and estimated value
Deal signalsSell-side activity worth following
Debt & historyRecorded loans and transaction history
Private report access
See the ownership record for this address.
Registration is required before any owner information is shown.
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Owner of record and activity signals are derived from public records and modeled classifications.
They do not confirm beneficial ownership or intent to transact.
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