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Property profile & analytics
OFF-MARKET
Estimated value
$11,125,000
Hotels
3800 Commercial Blvd Tamarac, FL 33309-3316
Entity Owned
4-yr Hold
~
Est. High Equity
Property ID
US19-0309812
Property profile
Verified
Property type
Hotels
Use group
HOTEL
Year built
1999
Construction
CONCRETE
Total area
50,755 SF
Lot
2.15 ac (93,735 SF)
Zoning code
MU-C
APN
49-42-18-31-0010
UPID
US19-0309812
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
Current use
Occupant on record · Public records
-
Isalis (Bike/Boat/Book/etc) Store
-
Party City Party Supply Store (Bike/Boat/Book/etc) Store
-
Skunk Funk Big Box & Wholesale Store
-
Carl's Trading Co Hat Shop
-
Bushka's Kitchen LLC (Bike/Boat/Book/etc) Store
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$10.67M
CAP Approach
CAP
$7.57M
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$11.13M
Owner & transaction history
Roshan Hospitality LLC · 4 yrs held
Roshan Hospitality LLC
since 2021
Last sale
$7.5M
3 recorded transactions
Zoning & alternative use
MU-C · Tamarac, FL
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description
This district is intended to encourage the development of mixed-use activity centers along the City's primary transportation corridors and gateways
Zone name
Mixed Use Corridor
General category
MIXED_USE
Zone area
227.86 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 Tamarac submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Tamarac 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
$11,125,000
ML approach
$10,670,000
CAP Approach
CAP Return
Estimation
6%
$8,200,000
6.5%
$7,570,000
7%
$7,030,000
Blend value · Realmo final
$11.13M
Range $10.01M – $12.24M · ±10% · vs last sale $7.50M (Nov 18 2021)
Last sale anchor
$7.50M
Nov 18 2021
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
$219 / 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
$196,024
Tax year 2023
Assessed value
$7,490,780
Assessed 2023
Previous assessed
$6,743,640
+11.1% YoY
Effective rate
2.62%
On assessed value
Assessed land
$1,406,030
Assessed improvement
$6,084,750
Land market value
$1,406,030
Improvement market value
$6,084,750
Total market value
$7,490,780
Applied tax rate
3,112.0000
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
Hotels
Use group
HOTEL
Status
Off-Market
Year built
1999
Construction
CONCRETE
Heating
NONE
Cooling
YES
Stories
3
Units
102
Total area
50,755 SF
Lot
2.15 ac (93,735 SF)
Zoning code
MU-C
APN
49-42-18-31-0010
UPID
US19-0309812
Jurisdiction
BROWARD
Metro division
FORT LAUDERDALE-POMPANO BEACH-DEERFIELD BEACH, FL METROPOLITAN DIVISION
Zoning & alternative use
MU-C · Tamarac, FLZoning MU-C · permitted uses
MU-C · Tamarac, 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 to encourage the development of mixed-use activity centers along the City's primary transportation corridors and gateways
Zone name
Mixed Use Corridor
General category
MIXED_USE
Zone area
227.86 ac
Source
Realmo
Building & site characteristics
From public records
Year built
1999
Construction
CONCRETE
Heating
NONE
Cooling
Yes
Stories
3
Units
102
Lot
2.15 ac
Current owner
From public records · entity-resolved
Roshan Hospitality LLC
Entity
Mailing address
1700 MCCOY RD, ORLANDO, FL 32809-7816
Ownership since
2021
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
3 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Nov 18, 2021
$7,500,000
Roshan Hospitality LLC
Cplg Fl Properties LLC
Special Warranty Deed
$5,068,000 · Intercredit Bank NA
May 11, 2007
—
Bre Of Lq Fl Properties LLC
La Quinta Properties INC
Grant Deed
$2,075,000,000 · Bank Of America
Sep 10, 2004
$2,327,700
La Quinta Properties INC
Marcus Fl LLC
Warranty Deed
—
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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