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Property profile & analytics
OFF-MARKET
Estimated value
$4,100,000
Grocery and convenience stores
3388 State Rd 7th 7 Lauderdale Lakes, FL 33319-5618
Entity Owned
16-yr Hold
~
Est. High Equity
Property ID
US19-0436654
Property profile
Verified
Property type
Grocery and convenience stores
Use group
GROCERY, SUPERMARKET
Year built
1993
Construction
CONCRETE
Total area
21,534 SF
Lot
2.36 ac (102,988 SF)
Zoning code
TC
APN
49-42-19-21-0020
UPID
US19-0436654
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
by Request
Blend (final)
Blend
$4.10M
Owner & transaction history
Arje Holdings LLC · 16 yrs held
Arje Holdings LLC
since 2010
4 recorded transactions
Zoning & alternative use
TC · Lauderdale Lakes, 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 Lauderdale Lakes submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Lauderdale Lakes 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
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
$190 / 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
$79,136
Tax year 2023
Assessed value
$3,158,300
Assessed 2023
Previous assessed
$2,675,070
+18.1% YoY
Effective rate
2.51%
On assessed value
Assessed land
$823,900
Assessed improvement
$2,334,400
Land market value
$823,900
Improvement market value
$2,334,400
Total market value
$3,158,300
Applied tax rate
2,012.0000
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
Grocery and convenience stores
Use group
GROCERY, SUPERMARKET
Status
Off-Market
Year built
1993
Construction
CONCRETE
Heating
NONE
Cooling
YES
Stories
1
Total area
21,534 SF
Lot
2.36 ac (102,988 SF)
Zoning code
TC
APN
49-42-19-21-0020
UPID
US19-0436654
Jurisdiction
BROWARD
Metro division
FORT LAUDERDALE-POMPANO BEACH-DEERFIELD BEACH, FL METROPOLITAN DIVISION
Zoning & alternative use
TC · Lauderdale Lakes, FL
Zoning TC · permitted uses
TC · Lauderdale Lakes, FL
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Lauderdale Lakes. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1993
Construction
CONCRETE
Heating
NONE
Cooling
Yes
Stories
1
Lot
2.36 ac
Current owner
From public records · entity-resolved
Arje Holdings LLC
Entity
Mailing address
8040 W MCNAB RD, NORTH LAUDERDALE, FL 33068-4254
Ownership since
2010
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 5, 2010
$2,650,000
Arje Holdings LLC
Dbm LLC
Warranty Deed
$1,640,000 · Bank Of America
Apr 27, 2006
$2,200,000
Dbm LLC
Michael Sims
Warranty Deed
$1,100,000 · Lehman Brothers Bank Fsb
Dec 28, 2004
$1,550,000
Michael Sims
Pep Boys-manny Moe & Jack
Grant Deed
—
—
—
Arje Holdings LLC
—
Deed Of Trust
related
$1,640,000 · Bank Of America
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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