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Property profile & analytics
OFF-MARKET
Estimated value
$1,490,000
Retail space
3960 Oakland Park Blvd Lauderdale Lakes, FL 33311-1068
Entity Owned
11-yr Hold
Absentee Owner
Free & Clear
Property ID
US18-7514268
Property profile
Verified
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Year built
2016
Construction
CONCRETE
Total area
5,314 SF
Lot
0.79 ac (34,197 SF)
Zoning code
TC
APN
49-42-30-23-0011
UPID
US18-7514268
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
$1.46M
Comparable Approach
Comparable
$1.97M
Blend (final)
Blend
$1.49M
Owner & transaction history
Oakland 18 INC · 11 yrs held
Oakland 18 INC
since 2015
3 recorded transactions
Zoning & alternative use
TC · Lauderdale Lakes, FL
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description
The TC zoning district is provided for the development of new neighborhoods and the redevelopment, revitalization or extension of existing neighborhoods, intended to be structured upon a network of interconnecting pedestrian oriented streets and other public spaces. These developments or redevelopments are intended to offer a mixture of housing types and pri…
Zone name
Town Center
General category
CIVIC_INSTITUTIONAL
Zone area
113.62 ac
Source
Realmo
Top alternative use upside
Medical building
$2.5M
+85.4%
Commercial (general)
$1.4M
+6.5%
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
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
$1,580,000
6.5%
$1,455,000
7%
$1,350,000
Alternative Use
Use
Estimation
RETAIL STORES
$1,335,000
Current use
MEDICAL BUILDING
$2,475,000
Change: +85% · Conversion: Difficult
COMMERCIAL (GENERAL)
$1,425,000
Change: +7% · Conversion: Easy
OFFICE BUILDING
$1,325,000
Change: -1% · Conversion: Easy
Blend value · Realmo final
$1.49M
Range $1.34M – $1.64M · ±10%
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
$280 / 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
$55,455
Tax year 2023
Assessed value
$2,253,060
Assessed 2023
Previous assessed
$2,253,060
+0.0% YoY
Effective rate
2.46%
On assessed value
Assessed land
$478,760
Assessed improvement
$1,774,300
Land market value
$478,760
Improvement market value
$1,774,300
Total market value
$2,253,060
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
2016
Construction
CONCRETE
Heating
NONE
Stories
1
Total area
5,314 SF
Lot
0.79 ac (34,197 SF)
Zoning code
TC
APN
49-42-30-23-0011
UPID
US18-7514268
Jurisdiction
BROWARD
Metro division
FORT LAUDERDALE-POMPANO BEACH-DEERFIELD BEACH, FL METROPOLITAN DIVISION
Zoning & alternative use
TC · Lauderdale Lakes, FLZoning 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
Zoning description
The TC zoning district is provided for the development of new neighborhoods and the redevelopment, revitalization or extension of existing neighborhoods, intended to be structured upon a network of interconnecting pedestrian oriented streets and other public spaces. These developments or redevelopments are intended to offer a mixture of housing types and prices, prominently sited civic or community buildings, and stores or offices or workplaces to provide a balanced mix of activities. A TC district is intended to serve as the hub of a larger traditional neighborhood, and the designs of both are intended to be integrated
Zone name
Town Center
General category
CIVIC_INSTITUTIONAL
Zone area
113.62 ac
Source
Realmo
Alternative use value scenarios
Repositioning upside vs current use
RETAIL STORES Current
Est. value
$1.3M
MEDICAL BUILDING
Est. value
$2.5M
COMMERCIAL (GENERAL)
Est. value
$1.4M
OFFICE BUILDING
Est. value
$1.3M
RETAIL STORES Current
MEDICAL BUILDING
COMMERCIAL (GENERAL)
OFFICE BUILDING
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
2016
Construction
CONCRETE
Heating
NONE
Stories
1
Lot
0.79 ac
Current owner
From public records · entity-resolved
Oakland 18 INC
Entity
Free & Clear · 11 yrs held
Mailing address
9170 W STATE RD 84, DAVIE, FL 33324-4458
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2015
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
Jun 15, 2016
—
Oakland 18 INC
—
Deed
related
$1,572,500 · Regions Bank
May 8, 2015
$900,000
Oakland 18 INC
3960 West Oakland Park LLC
Grant Deed
related
—
Oct 14, 2005
$360,000
3960 West Oakland Park LLC
Discount Auto Parts INC
Grant 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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