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Property profile & analytics
OFF-MARKET
Estimated value
$3,425,000
Office buildings
4500 University Dr Coral Springs, FL 33065-1625
Entity Owned
3-yr Hold
Free & Clear
Property ID
US18-5935811
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING (MULTI-STORY)
Year built
2004
Construction
CONCRETE
Total area
10,661 SF
Lot
1.08 ac (47,128 SF)
Zoning code
B-2
APN
48-41-16-01-0692
UPID
US18-5935811
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
$2.35M
CAP Approach
CAP
$3.46M
Comparable Approach
Comparable
$3.83M
Blend (final)
Blend
$3.43M
Owner & transaction history
Jdb Legacy LLC · 3 yrs held
Jdb Legacy LLC
since 2022
Last sale
$3.5M
2 recorded transactions
Zoning & alternative use
B-2 · Coral Springs, FL
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description
The Community Business (B-2) District is intended primarily to provide for general commercial activity for a wide range of goods and services to the entire community. Such businesses generally require locations convenient for both vehicular and pedestrian traffic and would be expected to have orientation toward and direct access to arterial roadways. The dis…
Zone name
Community Business
General category
MIXED_USE
Zone area
1,006.69 ac
Source
Realmo
Top alternative use upside
Commercial (general)
$5.6M
+74.4%
Medical building
$3.7M
+16.2%
Warehouse, storage
$3.3M
+0.9%
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 Coral Springs submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Coral Springs 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
$2,315,000
ML approach
$2,350,000
CAP Approach
CAP Return
Estimation
6%
$3,740,000
6.5%
$3,455,000
7%
$3,205,000
Alternative Use
Use
Estimation
OFFICE BUILDING
$3,220,000
Current use
COMMERCIAL (GENERAL)
$5,615,000
Change: +74% · Conversion: Easy
MEDICAL BUILDING
$3,740,000
Change: +16% · Conversion: Easy
WAREHOUSE, STORAGE
$3,250,000
Change: +1% · Conversion: Difficult
Blend value · Realmo final
$3.43M
Range $3.08M – $3.77M · ±10% · vs last sale $3.50M (Aug 31 2022)
Last sale anchor
$3.50M
Aug 31 2022
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
$321 / 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
$56,790
Tax year 2023
Assessed value
$2,549,270
Assessed 2023
Previous assessed
$2,455,190
+3.8% YoY
Effective rate
2.23%
On assessed value
Assessed land
$682,550
Assessed improvement
$1,866,720
Land market value
$682,550
Improvement market value
$1,866,720
Total market value
$2,549,270
Applied tax rate
2,812.0000
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 (MULTI-STORY)
Status
Off-Market
Year built
2004
Construction
CONCRETE
Heating
NONE
Cooling
CENTRAL
Stories
2
Total area
10,661 SF
Lot
1.08 ac (47,128 SF)
Zoning code
B-2
APN
48-41-16-01-0692
UPID
US18-5935811
Jurisdiction
BROWARD
Metro division
FORT LAUDERDALE-POMPANO BEACH-DEERFIELD BEACH, FL METROPOLITAN DIVISION
Zoning & alternative use
B-2 · Coral Springs, FLZoning B-2 · permitted uses
B-2 · Coral Springs, FL
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Zoning description
The Community Business (B-2) District is intended primarily to provide for general commercial activity for a wide range of goods and services to the entire community. Such businesses generally require locations convenient for both vehicular and pedestrian traffic and would be expected to have orientation toward and direct access to arterial roadways. The district also provides opportunities for corporate park uses and research facilities and laboratories and mixed use developments through additional procedures and requirements.
Zone name
Community Business
General category
MIXED_USE
Zone area
1,006.69 ac
Source
Realmo
Alternative use value scenarios
Repositioning upside vs current use
OFFICE BUILDING Current
Est. value
$3.2M
COMMERCIAL (GENERAL)
Est. value
$5.6M
MEDICAL BUILDING
Est. value
$3.7M
WAREHOUSE, STORAGE
Est. value
$3.3M
OFFICE BUILDING Current
COMMERCIAL (GENERAL)
MEDICAL BUILDING
WAREHOUSE, STORAGE
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
2004
Construction
CONCRETE
Heating
NONE
Cooling
Yes
Stories
2
Lot
1.08 ac
Current owner
From public records · entity-resolved
Jdb Legacy LLC
Entity
Free & Clear · 3 yrs held
Mailing address
6315 NW 120TH DR, CORAL SPRINGS, FL 33076-1904
Ownership since
2022
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
2 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Aug 31, 2022
$3,500,000
Jdb Legacy LLC
Rnd Real Estate INC
Warranty Deed
—
Jul 1, 2004
—
Rnd Real Estate INC
City Real Estate Corp
Grant Deed
$1,882,000 · Cit Small Business Lending 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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