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Property profile & analytics
OFF-MARKET
Estimated value
$1,035,000
Medical Office Space
3025-3029 Commercial Blvd Fort Lauderdale, FL 33308
Entity Owned
10-yr Hold
Free & Clear
Property ID
US18-9047199
Property profile
Verified
Property type
Medical Office Space
Use group
MEDICAL BUILDING
Year built
2018
Construction
CONCRETE
Total area
8,030 SF
Lot
0.32 ac (14,000 SF)
Zoning code
CB
APN
49-42-13-07-0550
UPID
US18-9047199
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
by Request
Comparable Approach
Comparable
$876k
Blend (final)
Blend
$1.04M
Owner & transaction history
Compass Bank · 10 yrs held
Compass Bank
since 2015
7 recorded transactions
Zoning & alternative use
CB · 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
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$1.04M
Range $932k – $1.14M · ±10%
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
$129 / 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
$43,596
Tax year 2023
Assessed value
$2,101,760
Assessed 2023
Previous assessed
$2,101,760
+0.0% YoY
Effective rate
2.07%
On assessed value
Assessed land
$490,000
Assessed improvement
$1,611,760
Land market value
$490,000
Improvement market value
$1,611,760
Total market value
$2,101,760
Applied tax rate
311.0000
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
Medical Office Space
Use group
MEDICAL BUILDING
Status
Off-Market
Year built
2018
Construction
CONCRETE
Heating
NONE
Cooling
YES
Stories
1
Bathrooms
7
Total area
8,030 SF
Lot
0.32 ac (14,000 SF)
Zoning code
CB
APN
49-42-13-07-0550
UPID
US18-9047199
Jurisdiction
BROWARD
Metro division
FORT LAUDERDALE-POMPANO BEACH-DEERFIELD BEACH, FL METROPOLITAN DIVISION
Zoning & alternative use
CB · Fort Lauderdale, FL
Zoning CB · permitted uses
CB · 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
2018
Construction
CONCRETE
Heating
NONE
Cooling
Yes
Stories
1
Bathrooms
7
Lot
0.32 ac
Current owner
From public records · entity-resolved
Compass Bank
Entity
Free & Clear · 10 yrs held
Mailing address
2873 NE 28TH ST, FORT LAUDERDALE, FL 33306-1915
Ownership since
2015
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
9 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Nov 17, 2020
—
Wb Divine Investments LLC
—
Deed
related
$1,865,778 · Lendeavor INC
Sep 8, 2015
—
Compass Bank
Wb Divine Investments LLC
Assignment Of Lease (leasehold Sale)
—
Sep 8, 2015
$1,300,000
Wb Divine Investments LLC
Tdh Commercial LLC
Warranty Deed
$2,125,000 · Compass Bank
Nov 18, 2008
$1,500,000
Tdh Commercial LLC
Andres Steak House East INC
Warranty Deed
—
Jul 5, 2002
$253,500
Andres Steak House East INC
Bickler,lynne Z
Grant Deed
—
Jul 5, 2002
$71,500
Andres Steak House East INC
Rook Trust
Grant Deed
—
Jul 5, 2002
$325,000
Andres Steak House East INC
Mary A Scully Trustee
Grant Deed
—
Jul 5, 2002
$507,000
Andres Steak House East INC
Schmitt,tr
Grant Deed
$944,000 · Zions First National Bank
—
—
Wb Divine Investments LLC
—
Deed Of Trust
related
$1,865,778 · Lendeavor INC
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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