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Property profile & analytics
OFF-MARKET
Estimated value
$2,835,000
Automotive properties
3501 State Rd 7th 7 West Park, FL 33023-5213
Entity Owned
3-yr Hold
~
Est. High Equity
Property ID
US18-3516103
Property profile
Verified
Property type
Automotive properties
Use group
VEHICLE SALES, RENTALS
Year built
1994
Construction
CONCRETE
Total area
2,760 SF
Lot
1.06 ac (46,119 SF)
Zoning code
TOC
APN
51-41-25-07-0110
UPID
US18-3516103
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
$2.81M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$2.20M
Blend (final)
Blend
$2.84M
Owner & transaction history
Kolo 13 LLC · 3 yrs held
Kolo 13 LLC
since 2023
Last sale
$2.8M
6 recorded transactions
Zoning & alternative use
TOC · West Park, FL
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zone name
Transit Oriented Corridor
General category
UNKNOWN
Zone area
141.18 ac
Source
Realmo
Top alternative use upside
Neighborhood: shopping center
$1.8M
+7.2%
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 West Park submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs West 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
Method
Estimation
Statistic approach
$2,940,000
ML approach
$2,805,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
AUTO REPAIR, GARAGE
$1,720,000
Current use
NEIGHBORHOOD: SHOPPING CENTER
$1,840,000
Change: +7% · Conversion: Difficult
Blend value · Realmo final
$2.84M
Range $2.55M – $3.12M · ±10% · vs last sale $2.80M (Jun 8 2023)
Last sale anchor
$2.80M
Jun 8 2023
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
$1,027 / 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
$21,360
Tax year 2023
Assessed value
$962,530
Assessed 2023
Previous assessed
$784,830
+22.6% YoY
Effective rate
2.22%
On assessed value
Assessed land
$380,480
Assessed improvement
$582,050
Land market value
$380,480
Improvement market value
$582,050
Total market value
$962,530
Applied tax rate
3,513.0000
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
Automotive properties
Use group
VEHICLE SALES, RENTALS
Status
Off-Market
Year built
1994
Construction
CONCRETE
Heating
NONE
Cooling
YES
Stories
1
Bathrooms
1
Total area
2,760 SF
Lot
1.06 ac (46,119 SF)
Zoning code
TOC
APN
51-41-25-07-0110
UPID
US18-3516103
Jurisdiction
BROWARD
Metro division
FORT LAUDERDALE-POMPANO BEACH-DEERFIELD BEACH, FL METROPOLITAN DIVISION
Zoning & alternative use
TOC · West Park, FLZoning TOC · permitted uses
TOC · West Park, FL
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Zone name
Transit Oriented Corridor
General category
UNKNOWN
Zone area
141.18 ac
Source
Realmo
Alternative use value scenarios
Repositioning upside vs current use
AUTO REPAIR, GARAGE Current
Est. value
$1.7M
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$1.8M
AUTO REPAIR, GARAGE Current
NEIGHBORHOOD: SHOPPING CENTER
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
1994
Construction
CONCRETE
Heating
NONE
Cooling
Yes
Stories
1
Bathrooms
1
Lot
1.06 ac
Current owner
From public records · entity-resolved
Kolo 13 LLC
Entity
Mailing address
191 ST ST #601, AVENTURA, FL 33180
Ownership since
2023
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
6 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jun 8, 2023
$2,800,000
Kolo 13 LLC
Nunez Holdings LLC
Warranty Deed
—
Mar 4, 2022
—
Nunez Holdings LLC
—
Deed
related
$1,312,500 · Ocean Bank
May 27, 2003
$975,000
Nunez Holding LLC
Dawn Property Management INC
Grant Deed
$487,500 · Ocean Bank
Sep 28, 2001
$1,000,000
Dawn Property Management INC
Toby Properties Ltd
Grant Deed
—
—
—
Dawn Property Management INC
—
Deed Of Trust
related
$450,000 · Yale Mortgage Corp
—
—
Nunez Holdings LLC
—
Deed Of Trust
related
$1,425,000 · Us Century Bank
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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