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Property profile & analytics
OFF-MARKET
Estimated value
$43,505,000
Office buildings
2700 Commerce Pkwy Weston, FL 33331-3628
Entity Owned
5-yr Hold
~
Est. High Equity
Property ID
US19-0291938
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING (MULTI-STORY)
Year built
1998
Construction
CONCRETE
Total area
75,527 SF
Lot
5.27 ac (229,482 SF)
Zoning code
O-1
APN
50-40-17-02-0450
UPID
US19-0291938
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
$35.61M
Comparable Approach
Comparable
$43.10M
Blend (final)
Blend
$43.51M
Owner & transaction history
Weston Corporate Center Owner LLC · 5 yrs held
Weston Corporate Center Owner LLC
since 2021
Last sale
$52.3M
7 recorded transactions
Zoning & alternative use
O-1 · Weston, FL
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Restaurant
$64.5M
+35.2%
Auto repair, garage
$61.2M
+28.3%
Neighborhood: shopping center
$56.8M
+19.1%
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%
$38,575,000
6.5%
$35,605,000
7%
$33,065,000
Alternative Use
Use
Estimation
OFFICE BUILDING
$47,720,000
Current use
RESTAURANT
$64,505,000
Change: +35% · Conversion: Moderate
AUTO REPAIR, GARAGE
$61,210,000
Change: +28% · Conversion: Difficult
NEIGHBORHOOD: SHOPPING CENTER
$56,830,000
Change: +19% · Conversion: Difficult
COMMERCIAL (GENERAL)
$39,120,000
Change: -18% · Conversion: Easy
Blend value · Realmo final
$43.51M
Range $39.15M – $47.86M · ±10% · vs last sale $52.25M (May 10 2021)
Last sale anchor
$52.25M
May 10 2021
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
$576 / 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
$535,419
Tax year 2023
Assessed value
$24,713,830
Assessed 2023
Previous assessed
$24,713,830
+0.0% YoY
Effective rate
2.17%
On assessed value
Assessed land
$2,524,300
Assessed improvement
$22,189,530
Land market value
$2,524,300
Improvement market value
$22,189,530
Total market value
$24,713,830
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
Office buildings
Use group
OFFICE BUILDING (MULTI-STORY)
Status
Off-Market
Year built
1998
Construction
CONCRETE
Heating
NONE
Stories
4
Total area
75,527 SF
Lot
5.27 ac (229,482 SF)
Zoning code
O-1
APN
50-40-17-02-0450
UPID
US19-0291938
Jurisdiction
BROWARD
Metro division
FORT LAUDERDALE-POMPANO BEACH-DEERFIELD BEACH, FL METROPOLITAN DIVISION
Zoning & alternative use
O-1 · Weston, FL
Zoning O-1 · permitted uses
O-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
OFFICE BUILDING Current
Est. value
$47.7M
RESTAURANT
Est. value
$64.5M
AUTO REPAIR, GARAGE
Est. value
$61.2M
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$56.8M
COMMERCIAL (GENERAL)
Est. value
$39.1M
OFFICE BUILDING Current
RESTAURANT
AUTO REPAIR, GARAGE
NEIGHBORHOOD: SHOPPING CENTER
COMMERCIAL (GENERAL)
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
1998
Construction
CONCRETE
Heating
NONE
Stories
4
Lot
5.27 ac
Current owner
From public records · entity-resolved
Weston Corporate Center Owner LLC
Entity
Mailing address
80 SW 8TH ST STE #2200, MIAMI, FL 33130-3004
Ownership since
2021
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
7 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
May 10, 2021
$52,250,000
Weston Corporate Center Owner LLC
Gk Weston Corporate Center LLC
Special Warranty Deed
$38,907,500 · Metlife Real Estate Lending LLC
Apr 19, 2019
—
Gk Weston Corp Center LLC
—
Grant Deed
related
$125,000,000 · Us Bk
Aug 11, 2015
$24,777,500
Gk Weston Corp Center LLC
Sc Commerce INC
Warranty Deed
—
Oct 11, 2005
$18,250,000
Sc Commerce INC
Parkway United Ltd
Warranty Deed
—
Nov 19, 1999
$14,250,000
Life Insur Connecticut
Wf Buildings II Ltd
Grant Deed
—
Mar 25, 1998
$5,485,900
Clinic Florida Cleveland
Equitable Life Assurance Socie
Grant Deed
—
—
—
Gk Weston Corp Center LLC
—
Deed Of Trust
related
$56,100,000 · Jp Morgan Chase Bk
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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