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Property profile & analytics
OFF-MARKET
Estimated value
$550,000
Office buildings
4250 29th Ave Hollywood, FL 33020
Entity Owned
1-yr Hold
Free & Clear
Property ID
US18-2922727
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Year built
1973
Construction
CONCRETE
Total area
1,092 SF
Lot
0.47 ac (20,690 SF)
Zoning code
IM-1
APN
51-42-04-00-0333
UPID
US18-2922727
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
$390k
CAP Approach
CAP
$345k
Comparable Approach
Comparable
$647k
Blend (final)
Blend
$550k
Owner & transaction history
Spg M2 LLC · 1 yrs held
Spg M2 LLC
since 2025
3 recorded transactions
Zoning & alternative use
IM-1 · Hollywood, FL
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Neighborhood: shopping center
$730,000
+36.5%
Auto repair, garage
$645,000
+20.5%
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 Hollywood submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Hollywood 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
$390,000
CAP Approach
CAP Return
Estimation
6%
$375,000
6.5%
$345,000
7%
$320,000
Alternative Use
Use
Estimation
OFFICE BUILDING
$535,000
Current use
NEIGHBORHOOD: SHOPPING CENTER
$730,000
Change: +36% · Conversion: Difficult
AUTO REPAIR, GARAGE
$645,000
Change: +20% · Conversion: Difficult
COMMERCIAL (GENERAL)
$495,000
Change: -7% · Conversion: Easy
Blend value · Realmo final
$550k
Range $495k – $605k · ±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
$504 / 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
$8,307
Tax year 2023
Assessed value
$493,110
Assessed 2023
Previous assessed
$489,100
+0.8% YoY
Effective rate
1.68%
On assessed value
Assessed land
$413,800
Assessed improvement
$79,310
Land market value
$413,800
Improvement market value
$79,310
Total market value
$493,110
Applied tax rate
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
Office buildings
Use group
OFFICE BUILDING
Status
Off-Market
Year built
1973
Construction
CONCRETE
Heating
NONE
Cooling
CENTRAL
Stories
1
Total area
1,092 SF
Lot
0.47 ac (20,690 SF)
Zoning code
IM-1
APN
51-42-04-00-0333
UPID
US18-2922727
Jurisdiction
BROWARD
Metro division
FORT LAUDERDALE-POMPANO BEACH-DEERFIELD BEACH, FL METROPOLITAN DIVISION
Zoning & alternative use
IM-1 · Hollywood, FL
Zoning IM-1 · permitted uses
IM-1 · Hollywood, FL
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Hollywood. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
OFFICE BUILDING Current
Est. value
$535,000
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$730,000
AUTO REPAIR, GARAGE
Est. value
$645,000
COMMERCIAL (GENERAL)
Est. value
$495,000
OFFICE BUILDING Current
NEIGHBORHOOD: SHOPPING CENTER
AUTO REPAIR, GARAGE
COMMERCIAL (GENERAL)
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
1973
Construction
CONCRETE
Heating
NONE
Cooling
Yes
Stories
1
Lot
0.47 ac
Current owner
From public records · entity-resolved
Spg M2 LLC
Entity
Free & Clear · 1 yrs held
Mailing address
100 FRNT ST STE #350, CONSHOHOCKEN, PA 19428-2889
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
3 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Apr 16, 2025
—
Spg M2 LLC
Spg Trust Corp
Deed
—
Nov 15, 2007
—
Spg Trust Corp
M2 Ent Management INC
Grant Deed
—
—
—
Spg M2 Trust
—
Loan Modification
related
$5,500,000 · Jackson National Life Ins Co
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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