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Property profile & analytics
OFF-MARKET
Estimated value
$3,125,000
Retail space
3400 State Rd 7th 7 Lauderdale Lakes, FL 33319-5620
Entity Owned
2-yr Hold
~
Est. High Equity
Property ID
US18-3241934
Property profile
Verified
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Year built
1995
Construction
CONCRETE
Total area
12,088 SF
Lot
1.25 ac (54,342 SF)
Zoning code
B-2
APN
49-42-19-22-0010
UPID
US18-3241934
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
$3.13M
CAP Approach
CAP
$3.32M
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$3.13M
Owner & transaction history
Dharma 3400 N LLC · 2 yrs held
Dharma 3400 N LLC
since 2024
Last sale
$3.1M
5 recorded transactions
Zoning & alternative use
B-2 · Lauderdale Lakes, FL
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description
This district is intended primarily to provide for general commercial activity for a wide range of goods and services to the entire community and sub region. Such businesses generally require locations convenient for both vehicular and pedestrian traffic and would be expected to have orientation toward and direct access to arterial roadways
Zone name
Community Business
General category
COMMERCIAL
Zone area
105.96 ac
Source
Realmo
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
Method
Estimation
Statistic approach
$3,125,000
ML approach
$3,125,000
CAP Approach
CAP Return
Estimation
6%
$3,590,000
6.5%
$3,315,000
7%
$3,075,000
Alternative Use
Use
Estimation
RETAIL STORES
$4,585,000
Current use
Blend value · Realmo final
$3.13M
Range $2.81M – $3.44M · ±10% · vs last sale $3.13M (Apr 15 2024)
Last sale anchor
$3.13M
Apr 15 2024
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
$259 / 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
$49,580
Tax year 2023
Assessed value
$1,902,580
Assessed 2023
Previous assessed
$1,902,580
+0.0% YoY
Effective rate
2.61%
On assessed value
Assessed land
$448,320
Assessed improvement
$1,454,260
Land market value
$448,320
Improvement market value
$1,454,260
Total market value
$1,902,580
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
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Status
Off-Market
Year built
1995
Construction
CONCRETE
Heating
NONE
Cooling
YES
Stories
1
Total area
12,088 SF
Lot
1.25 ac (54,342 SF)
Zoning code
B-2
APN
49-42-19-22-0010
UPID
US18-3241934
Jurisdiction
BROWARD
Metro division
FORT LAUDERDALE-POMPANO BEACH-DEERFIELD BEACH, FL METROPOLITAN DIVISION
Zoning & alternative use
B-2 · Lauderdale Lakes, FLZoning B-2 · permitted uses
B-2 · Lauderdale Lakes, FL
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Zoning description
This district is intended primarily to provide for general commercial activity for a wide range of goods and services to the entire community and sub region. Such businesses generally require locations convenient for both vehicular and pedestrian traffic and would be expected to have orientation toward and direct access to arterial roadways
Zone name
Community Business
General category
COMMERCIAL
Zone area
105.96 ac
Source
Realmo
Alternative use value scenarios
Repositioning upside vs current use
RETAIL STORES Current
Est. value
$4.6M
RETAIL STORES Current
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
1995
Construction
CONCRETE
Heating
NONE
Cooling
Yes
Stories
1
Lot
1.25 ac
Current owner
From public records · entity-resolved
Dharma 3400 N LLC
Entity
Mailing address
6500 NW 72ND AVE, DORAL, FL 33166-3629
Ownership since
2024
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
5 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Apr 15, 2024
$3,125,000
Dharma 3400 N LLC
Juan A Calero
Warranty Deed
$2,500,000 · City National Bank Of Florida
Aug 31, 2022
—
Juan A Calero
Julio Manuel Calero
Intrafamily Transfer
related
—
Dec 4, 2013
—
Mercedes G Calero
Calero,julio M & Mercedes G
Quit Claim Deed
related
—
Jan 4, 2010
—
Cajun Operating Co
—
Deed Of Trust
related
$250,000,000 · Bank Of America
Aug 25, 1998
$650,000
Julio M Calero
Ntw INC
Grant Deed
$487,500 · Fidelity Fsb Florida
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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