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Property profile & analytics
FOR LEASE
Retail space
2450 W Oakland Park Blvd, Oakland Park, FL 33311
Entity Owned
~
Est. High Equity
Property ID
US18-1455567
For Lease
1 / 13
$3,400/Mo
2450 W Oakland Park Blvd, Oakland Park, FL 33311
View Listing →
Property profile
Verified
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Year built
1974
Construction
CONCRETE
Total area
24,984 SF
Lot
1.66 ac (72,287 SF)
Zoning code
B-1
APN
49-42-29-02-0990
UPID
US18-1455567
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
$6.85M
Comparable Approach
Comparable
$4.84M
Blend (final)
Blend
$5.78M
Owner & transaction history
Los Arcos Plaza LLC
Los Arcos Plaza LLC
since 2026
Last sale
$5.7M
6 recorded transactions
Zoning & alternative use
B-1 · Oakland Park, FL
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Commercial (general)
$6.7M
+6.5%
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 Oakland Park submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Oakland Park 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%
$7,415,000
6.5%
$6,845,000
7%
$6,360,000
Alternative Use
Use
Estimation
RETAIL STORES
$6,280,000
Current use
COMMERCIAL (GENERAL)
$6,690,000
Change: +7% · Conversion: Easy
OFFICE BUILDING
$6,230,000
Change: -1% · Conversion: Easy
Blend value · Realmo final
$5.78M
Range $5.20M – $6.35M · ±10% · vs last sale $5.70M (Feb 9 2026)
Last sale anchor
$5.70M
Feb 9 2026
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
$231 / 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
$82,895
Tax year 2023
Assessed value
$3,327,620
Assessed 2023
Previous assessed
$3,327,620
+0.0% YoY
Effective rate
2.49%
On assessed value
Assessed land
$867,440
Assessed improvement
$2,460,180
Land market value
$867,440
Improvement market value
$2,460,180
Total market value
$3,327,620
Applied tax rate
1,712.0000
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
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Status
For Lease
Year built
1974
Construction
CONCRETE
Heating
NONE
Cooling
YES
Stories
1
Total area
24,984 SF
Lot
1.66 ac (72,287 SF)
Zoning code
B-1
APN
49-42-29-02-0990
UPID
US18-1455567
Jurisdiction
BROWARD
Metro division
FORT LAUDERDALE-POMPANO BEACH-DEERFIELD BEACH, FL METROPOLITAN DIVISION
Zoning & alternative use
B-1 · Oakland Park, FL
Zoning B-1 · permitted uses
B-1 · Oakland Park, FL
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Oakland Park. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
RETAIL STORES Current
Est. value
$6.3M
COMMERCIAL (GENERAL)
Est. value
$6.7M
OFFICE BUILDING
Est. value
$6.2M
RETAIL STORES Current
COMMERCIAL (GENERAL)
OFFICE 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
1974
Construction
CONCRETE
Heating
NONE
Cooling
Yes
Stories
1
Lot
1.66 ac
Current owner
From public records · entity-resolved
Los Arcos Plaza LLC
Entity
Mailing address
15801 BISCAYNE BLVD STE #203, AVENTURA, FL 33160-4601
Mailing matches property
Yes
Owner-occupied
Yes
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
6 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Feb 9, 2026
$5,700,000
Los Arcos Plaza LLC
Arcos1800 LLC
Warranty Deed
$10,356 · City National Bank Of Florida
Aug 12, 2019
$3,600,000
Arcos 1800 LLC
Cs Property Holdings LLC
Warranty Deed
$2,500,000 · Pacific Nat'l Bk
Jul 28, 2016
$2,050,000
Cs Property Holdings LLC
Los Arcos LLC
Warranty Deed
related
$1,435,000 · Centerstate Bk/fl
Aug 2, 2001
$1,127,000
Los Arcos LLC
Porterdale Corp
Grant Deed
$901,600 · First Southern Bank
—
—
Los Arcos LLC
—
Loan Modification
related
$1,584,000 · Centerstate Bk/fl
—
—
Los Arcos LLC
—
Deed Of Trust
related
$735,000 · First Southern Bank
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.
Try Rey
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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