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Property profile & analytics
OFF-MARKET
Estimated value
$50,700,000
Community centers
4601 University Dr 4777 Davie, FL 33328-3817
Entity Owned
1-yr Hold
Free & Clear
Property ID
US18-0227570
Property profile
Verified
Property type
Community centers
Use group
MINI-MALL
Year built
1979
Construction
CONCRETE
Total area
55,763 SF
Lot
10.26 ac (447,011 SF)
Zoning code
B-2
APN
50-41-28-01-0360
UPID
US18-0227570
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
$50.70M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$61.27M
Blend (final)
Blend
$50.70M
Owner & transaction history
Real Sub LLC · 1 yrs held
Real Sub LLC
since 2024
Last sale
$50.7M
4 recorded transactions
Zoning & alternative use
B-2 · Davie, FL
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Restaurant
$48.8M
+31.2%
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 Davie submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Davie 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
$50,700,000
ML approach
$50,700,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
NEIGHBORHOOD: SHOPPING CENTER
$37,190,000
Current use
RESTAURANT
$48,775,000
Change: +31% · Conversion: Difficult
AUTO REPAIR, GARAGE
$32,825,000
Change: -12% · Conversion: Difficult
Blend value · Realmo final
$50.70M
Range $45.63M – $55.77M · ±10% · vs last sale $50.70M (Aug 30 2024)
Last sale anchor
$50.70M
Aug 30 2024
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
$909 / 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
$507,164
Tax year 2023
Assessed value
$22,970,440
Assessed 2023
Previous assessed
$20,874,870
+10.0% YoY
Effective rate
2.21%
On assessed value
Assessed land
$5,475,880
Assessed improvement
$17,494,560
Land market value
$5,475,880
Improvement market value
$17,494,560
Total market value
$22,970,440
Applied tax rate
2,413.0000
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
Community centers
Use group
MINI-MALL
Status
Off-Market
Year built
1979
Construction
CONCRETE
Heating
NONE
Cooling
YES
Buildings
2
Stories
1
Total area
55,763 SF
Lot
10.26 ac (447,011 SF)
Zoning code
B-2
APN
50-41-28-01-0360
UPID
US18-0227570
Jurisdiction
BROWARD
Metro division
FORT LAUDERDALE-POMPANO BEACH-DEERFIELD BEACH, FL METROPOLITAN DIVISION
Zoning & alternative use
B-2 · Davie, FL
Zoning B-2 · permitted uses
B-2 · Davie, FL
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Davie. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
NEIGHBORHOOD: SHOPPING CENTER Current
Est. value
$37.2M
RESTAURANT
Est. value
$48.8M
AUTO REPAIR, GARAGE
Est. value
$32.8M
NEIGHBORHOOD: SHOPPING CENTER Current
RESTAURANT
AUTO REPAIR, GARAGE
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
1979
Construction
CONCRETE
Heating
NONE
Cooling
Yes
Stories
1
Buildings
2
Lot
10.26 ac
Current owner
From public records · entity-resolved
Real Sub LLC
Entity
Free & Clear · 1 yrs held
Mailing address
1541 SUNSET DR STE #300, CORAL GABLES, FL 33143-5777
Ownership since
2024
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
4 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Aug 30, 2024
$50,700,000
Real Sub LLC
Prisa II Davie Sc LLC
Special Warranty Deed
—
Oct 18, 2019
—
Arc Winghouse LLC
—
Grant Deed
related
$12,250,000 · City Nat'l Bk/fl
Jun 30, 2009
—
Prisa II Davie Sc LLC
Prudential Ins Co Of America
Grant Deed
related
—
Aug 3, 2006
$1,400,000
Centerline Homes Ents One LLC
Scott,christopher H & Heidelore A
Warranty 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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