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    4473 Weston Rd Weston, FL 33331-3199
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    Property profile & analytics

    4473 Weston Rd, Weston, FL 33331-3199

    View on Map
    • Drug stores
    • 15,653 SF
    • 1.58 lot acres
    Off-Market
    Property ID
    US18-2593747
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.
    Value Estimations
    $4,130,000
    Show details
    Cap Rate Potential
    Location Intelligence

    Current Use by 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

    Property Details for 4473 Weston Rd

    Year built
    2006
    Construction
    CONCRETE
    Lot size
    1.58 lot acres
    Zone code
    PECD
    Property type
    Drug stores
    APN
    50-40-29-10-0023
    APU
    504029100023

    Sales History

    Date Price Buyer Seller Deed Type Mortgage
    Mar 21, 2017 — Harris Realty Weston LLC — Deed · related $1.5M · First Svgs Bk
    Apr 13, 2016 $11,236,100 Harris Realty Weston LLC Sra Of Weston Shops LLC Grant Deed —
    Nov 20, 2013 $16,633,000 Sra Of Weston Shops LLC Spirit Master Funding IV LLC Grant Deed $12.5M · Bank Of America
    Oct 8, 2008 — Cole Mt Weston Fl LLC Owner,record Grant Deed · related —
    Sep 22, 2008 — Record Owner Owner,record Quit Claim Deed · related —
    Jul 21, 2008 $16,400,000 Record Owner Owner,record Grant Deed · related —
    Jan 30, 2007 — Weston Shops Ltd — Trustees Deed · related $1.3M · Guaranty Bank
    Apr 19, 2005 $5,000,000 Weston Shops Ltd Commons North Ltd Grant Deed $10.7M · Guaranty Bank
    — — Harris Realty Weston LLC — Deed Of Trust · related $1.5M · First Svgs Bk

    Value Estimations

    based on Realmo’s proprietary methodology

    • CAP approach

      CAP Return
      Estimation
      6%
      $4,645,000
      6.5%
      $4,290,000
      7%
      $3,985,000

    • Comparable approach

      Method
      Estimation
      AI Estimate
      $2,741,000
      Market price range: $723k - $3.58M

    • Alternative Use

      Use
      Estimation
      RETAIL STORES
      $5,940,000
      Current use

    Get a detailed, property-specific estimation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    Weston
    County
    Broward
    State
    Florida
    Longitude
    -80.3631
    Latitude
    26.0687
    CBSA code
    33100
    CBSA name
    MIAMI-FORT LAUDERDALE-MIAMI BEACH, FL METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $98,022
    $1,392,250
    $3,327,630
    $4,719,880
    -
    $1,392,250
    $3,327,630
    $4,719,880

    Comparable in this City

    • Value Estimation
      $3,890,000
      14,852 SF

      6700 Dykes Rd

      DRUG STORE, PHARMACY
      6700 Dykes Rd, Southwest Ranches, FL 33331-4665
      View Details
    • Value Estimation
      $820,000
      4,512 SF

      4499 Weston Rd

      FINANCIAL BUILDING
      4499 Weston Rd, Weston, FL 33331-3199
      View Details
    • Value Estimation
      $5,010,000
      21,944 SF

      6800 Dykes Rd, Unit 6880

      RETAIL STORES (PERSONAL SERVICES)
      6800 Dykes Rd, Southwest Ranches, FL 33331-4663
      View Details
    • Value Estimation
      $6,070,000
      27,405 SF

      15641 Sheridan St, Unit 15651

      RETAIL STORES (PERSONAL SERVICES)
      15641 Sheridan St, Davie, FL 33331-3494
      View Details
    • Value Estimation
      $2,975,000
      4,896 SF

      15891 Sheridan St

      FINANCIAL BUILDING
      15891 Sheridan St, Southwest Ranches, FL 33331-3487
      View Details
    • Value Estimation
      $2,140,000
      5,417 SF

      15661 Sheridan St

      RETAIL STORES (PERSONAL SERVICES)
      15661 Sheridan St, Davie, FL 33331-3497
      View Details

    Similar Nearby for Sale

    • Contact for pricing

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      Davie Land Opportunity

      Land available in Broward County.
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    Similar Nearby for Lease

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      1,700 SF

      Retail Space in Weston, Florida

      Retail space available in affluent Weston, Florida near I-75.
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      Retail Space in Coquina Plaza

      Retail space for lease in Publix-anchored Coquina Plaza.
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      Retail Space Near Interstate 75

      Retail space anchored by Publix with high traffic exposure.
      15701 Sheridan St, Fort Lauderdale, FL 33331
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    • $45 SF/Yr
      13,639 SF

      Prime Retail Leasing Opportunity

      Retail/commercial/medical space in busy Davie location.
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    • $10,000 /Mo

      Operating Nursery in Sunshine Ranches

      1.5-acre nursery with income potential in Sunshine Ranches.
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      View Details
    • Contact for pricing
      4,229 SF

      Freestanding Building on Weston Road

      Prime freestanding building in a highly visible Weston location.
      4471 Weston Rd, Weston, FL 33331
      View Details
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    Weston, FL 33331-3199
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    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

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