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Property profile & analytics
OFF-MARKET
Estimated value
$12,100,000
Office buildings
4101 Ravenswood Rd Fort Lauderdale, FL 33312-5373
Entity Owned
1-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US18-3788595
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Year built
1987
Construction
CONCRETE
Total area
25,980 SF
Lot
6.6 ac (287,366 SF)
Zoning code
C-4
APN
50-42-29-31-0010
UPID
US18-3788595
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
-
Thinkrite (Bike/Boat/Book/etc) Store Corporate Office
-
Master Concessioner Business Management Consultant
-
Firefly Legal Law Firm
-
J Geiger Shading (Bike/Boat/Book/etc) Store Home Decor Store
-
Brown & Bigelow Logistics Company
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$12.25M
Comparable Approach
Comparable
$14.94M
Blend (final)
Blend
$12.10M
Owner & transaction history
Airport Commerce Flex Park LLC · 1 yrs held
Airport Commerce Flex Park LLC
since 2025
7 recorded transactions
Zoning & alternative use
C-4 · Fort Lauderdale, FL
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Neighborhood: shopping center
$19.6M
+95.5%
Commercial (general)
$13.5M
+34.6%
Industrial (general)
$12.2M
+22.1%
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 Fort Lauderdale submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Fort Lauderdale 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%
$13,270,000
6.5%
$12,250,000
7%
$11,375,000
Alternative Use
Use
Estimation
OFFICE BUILDING
$10,000,000
Current use
NEIGHBORHOOD: SHOPPING CENTER
$19,550,000
Change: +95% · Conversion: Difficult
COMMERCIAL (GENERAL)
$13,455,000
Change: +35% · Conversion: Easy
INDUSTRIAL (GENERAL)
$12,210,000
Change: +22% · Conversion: Difficult
MEDICAL BUILDING
$12,105,000
Change: +21% · Conversion: Easy
RETAIL STORES
$10,590,000
Change: +6% · Conversion: Moderate
Blend value · Realmo final
$12.10M
Range $10.89M – $13.31M · ±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
$466 / 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
$247,638
Tax year 2023
Assessed value
$9,875,560
Assessed 2023
Previous assessed
$9,191,630
+7.4% YoY
Effective rate
2.51%
On assessed value
Assessed land
$2,298,930
Assessed improvement
$7,576,630
Land market value
$2,298,930
Improvement market value
$7,576,630
Total market value
$9,875,560
Applied tax rate
413.0000
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
Office buildings
Use group
OFFICE BUILDING
Status
Off-Market
Year built
1987
Construction
CONCRETE
Heating
NONE
Buildings
4
Stories
1
Bathrooms
48
Total area
25,980 SF
Lot
6.6 ac (287,366 SF)
Zoning code
C-4
APN
50-42-29-31-0010
UPID
US18-3788595
Jurisdiction
BROWARD
Metro division
FORT LAUDERDALE-POMPANO BEACH-DEERFIELD BEACH, FL METROPOLITAN DIVISION
Zoning & alternative use
C-4 · Fort Lauderdale, FL
Zoning C-4 · permitted uses
C-4 · Fort Lauderdale, FL
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Fort Lauderdale. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
OFFICE BUILDING Current
Est. value
$10.0M
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$19.6M
COMMERCIAL (GENERAL)
Est. value
$13.5M
INDUSTRIAL (GENERAL)
Est. value
$12.2M
MEDICAL BUILDING
Est. value
$12.1M
RETAIL STORES
Est. value
$10.6M
OFFICE BUILDING Current
NEIGHBORHOOD: SHOPPING CENTER
COMMERCIAL (GENERAL)
INDUSTRIAL (GENERAL)
MEDICAL BUILDING
RETAIL STORES
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
1987
Construction
CONCRETE
Heating
NONE
Stories
1
Buildings
4
Bathrooms
48
Lot
6.6 ac
Current owner
From public records · entity-resolved
Airport Commerce Flex Park LLC
Entity
Mailing address
777 BRICKELL AVE STE #1360, MIAMI, FL 33131-2818
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2025
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
8 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Mar 13, 2025
$18,250,000
Airport Commerce Flex Park LLC
Acp Partners LLC
Warranty Deed
$10,300,000 · Popular Bank
Jul 18, 2018
—
Acp Partners LLC
—
Deed
related
$5,865,333 · Iberiabank
Dec 12, 2007
$13,250,000
Acp Ptrs LLC
Owner,record
Warranty Deed
related
—
Oct 9, 2003
$8,219,400
Ac Office Associates Ltd
Airport Commerce Park INC
Grant Deed
$6,300,000 · Aig Annuity Insurance Co
—
—
Acp Partners LLC
—
Loan Modification
related
$7,189,956 · Sabadell United Bk NA
—
—
Acp Partners LLC
—
Deed Of Trust
related
$8,895,809 · Lydian Private Bank
—
—
Acp Partners LLC
—
Deed Of Trust
related
$8,072,156 · Sabadell United Bank NA
—
—
Acp Partners LLC
—
Loan Modification
related
$5,865,333 · Iberiabank
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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