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Property profile & analytics
OFF-MARKET
Estimated value
$2,355,000
Commercial land
3411 Federal Hwy 3425, Oakland Park, FL 33306-1007
Entity Owned
8-yr Hold
~
Est. High Equity
Property ID
US18-5159340
Property summary
AI-generated overview
The Parc, a Class A, seven-story mixed-use development in Oakland Park, Florida, offers 31,000 square feet of prime retail space. Located at 3411 N Federal Hwy (Federal Hwy & 33rd Ct.), this new construction (2024) property boasts 165 suites, with spaces ranging from 1,000 to a maximum contiguous 21,000 square feet. Currently, 21,000 square feet is available. The building features 318 parking spaces, including a new parking garage, and elevators. Situated on 2.15 acres, The Parc is zoned PRD (Planned Residential Development) in Broward County, within the Fort Lauderdale submarket and Oakland Park submarket cluster. Its convenient location offers easy access to the beach (5 minutes away) and proximity to a sister development. The Parc is designed to attract both regional and national retailers, providing a vibrant and upscale shopping experience. Completion is estimated for Q1 2026. This exceptional opportunity presents a chance to establish a presence in a thriving, rapidly developing area.
Property profile
Verified
Property type
Commercial land
Use group
VACANT COMMERCIAL LAND
Year built
1963
Construction
CONCRETE
Total area
14,640 SF
Lot
0.52 ac (22,801 SF)
Zoning code
B-1
APN
49-42-24-05-0041
UPID
US18-5159340
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
$2.36M
Owner & transaction history
3411 Nfh LLC · 8 yrs held
3411 Nfh LLC
since 2017
5 recorded transactions
Zoning & alternative use
B-1 · Oakland Park, 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 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
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
$161 / 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
$29,530
Tax year 2023
Assessed value
$1,824,080
Assessed 2023
Previous assessed
$1,231,250
+48.1% YoY
Effective rate
1.62%
On assessed value
Assessed land
$1,824,080
Land market value
$1,824,080
Total market value
$1,824,080
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
Commercial land
Use group
VACANT COMMERCIAL LAND
Status
Off-Market
Year built
1963
Construction
CONCRETE
Heating
NONE
Cooling
YES
Stories
1
Total area
14,640 SF
Lot
0.52 ac (22,801 SF)
Zoning code
B-1
APN
49-42-24-05-0041
UPID
US18-5159340
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.
Building & site characteristics
From public records
Year built
1963
Construction
CONCRETE
Heating
NONE
Cooling
Yes
Stories
1
Lot
0.52 ac
Current owner
From public records · entity-resolved
3411 Nfh LLC
Entity
Mailing address
3201 N FEDERAL HWY STE #200, OAKLAND PARK, FL 33306-1060
Ownership since
2017
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 27, 2021
—
3411 Nfh LLC
—
Deed
related
$5,800,000 · Customers Bank
Jul 25, 2017
$775,000
3411 Nfh LLC
Smith,charles E
Warranty Deed
—
Jul 25, 2017
$2,325,000
3411 Nfh LLC
Auxier,janice F U
Warranty Deed
—
Jul 25, 2017
$775,100
3411 Nfh LLC
Umpleby,sarah J
Warranty Deed
related
—
Jun 14, 2016
—
Charles E Smith
Smith,charles E
Quit Claim Deed
related
—
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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