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Property profile & analytics
OFF-MARKET
Estimated value
$7,580,000
Drug stores
4600 Coconut Crk Pkwy Coconut Creek, FL 33063-3902
Entity Owned
4-yr Hold
Free & Clear
Property ID
US18-2983228
Property profile
Verified
Property type
Drug stores
Use group
DRUG STORE, PHARMACY
Year built
2000
Construction
CONCRETE
Total area
17,072 SF
Lot
1.98 ac (86,291 SF)
Zoning code
PCD
APN
48-42-31-24-0020
UPID
US18-2983228
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
$8.55M
CAP Approach
CAP
$6.38M
Comparable Approach
Comparable
$8.19M
Blend (final)
Blend
$7.58M
Owner & transaction history
Project Saturn Nlp LLC · 4 yrs held
Project Saturn Nlp LLC
since 2021
Last sale
$6.8M
2 recorded transactions
Zoning & alternative use
PCD · Coconut Creek, FL
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Auto repair, garage
$12.5M
+146.1%
Neighborhood: shopping center
$11.2M
+119.0%
Industrial (general)
$10.6M
+107.8%
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 Coconut Creek submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Coconut Creek 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
$8,710,000
ML approach
$8,545,000
CAP Approach
CAP Return
Estimation
6%
$6,910,000
6.5%
$6,380,000
7%
$5,925,000
Alternative Use
Use
Estimation
RETAIL STORES
$5,090,000
Current use
AUTO REPAIR, GARAGE
$12,530,000
Change: +146% · Conversion: Difficult
NEIGHBORHOOD: SHOPPING CENTER
$11,150,000
Change: +119% · Conversion: Moderate
INDUSTRIAL (GENERAL)
$10,580,000
Change: +108% · Conversion: Difficult
COMMERCIAL (GENERAL)
$8,990,000
Change: +77% · Conversion: Easy
WAREHOUSE, STORAGE
$7,150,000
Change: +40% · Conversion: Difficult
MEDICAL BUILDING
$5,990,000
Change: +18% · Conversion: Difficult
Blend value · Realmo final
$7.58M
Range $6.82M – $8.34M · ±10% · vs last sale $6.83M (Sep 16 2021)
Last sale anchor
$6.83M
Sep 16 2021
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
$444 / 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
$116,880
Tax year 2023
Assessed value
$4,798,800
Assessed 2023
Previous assessed
$4,731,360
+1.4% YoY
Effective rate
2.44%
On assessed value
Assessed land
$1,747,390
Assessed improvement
$3,051,410
Land market value
$1,747,390
Improvement market value
$3,051,410
Total market value
$4,798,800
Applied tax rate
3,212.0000
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
Drug stores
Use group
DRUG STORE, PHARMACY
Status
Off-Market
Year built
2000
Construction
CONCRETE
Heating
NONE
Stories
1
Total area
17,072 SF
Lot
1.98 ac (86,291 SF)
Zoning code
PCD
APN
48-42-31-24-0020
UPID
US18-2983228
Jurisdiction
BROWARD
Metro division
FORT LAUDERDALE-POMPANO BEACH-DEERFIELD BEACH, FL METROPOLITAN DIVISION
Zoning & alternative use
PCD · Coconut Creek, FL
Zoning PCD · permitted uses
PCD · Coconut Creek, FL
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Coconut Creek. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
RETAIL STORES Current
Est. value
$5.1M
AUTO REPAIR, GARAGE
Est. value
$12.5M
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$11.2M
INDUSTRIAL (GENERAL)
Est. value
$10.6M
COMMERCIAL (GENERAL)
Est. value
$9.0M
WAREHOUSE, STORAGE
Est. value
$7.2M
MEDICAL BUILDING
Est. value
$6.0M
RETAIL STORES Current
AUTO REPAIR, GARAGE
NEIGHBORHOOD: SHOPPING CENTER
INDUSTRIAL (GENERAL)
COMMERCIAL (GENERAL)
WAREHOUSE, STORAGE
MEDICAL 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
2000
Construction
CONCRETE
Heating
NONE
Stories
1
Lot
1.98 ac
Current owner
From public records · entity-resolved
Project Saturn Nlp LLC
Entity
Free & Clear · 4 yrs held
Mailing address
30 N LA SALLE ST STE #4140, CHICAGO, IL 60602-2900
Ownership since
2021
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
Sep 16, 2021
$6,825,000
Project Saturn Nlp LLC
Walgreen Co
Special Warranty Deed
—
Nov 6, 2000
$3,779,000
Walgreen Co
Oregon Partners #4 Ltd
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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