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Property profile & analytics
OFF-MARKET
Estimated value
$11,925,000
Strip malls
50 Oakland Park Blvd 100 Wilton Manors, FL 33311-2520
Entity Owned
2-yr Hold
Free & Clear
Property ID
US18-5233372
Property profile
Verified
Property type
Strip malls
Use group
SHOPPING CENTER, STRIP CENTER
Year built
1968
Construction
CONCRETE
Total area
23,518 SF
Lot
5.47 ac (238,157 SF)
Zoning code
B-2
APN
49-42-27-00-0050
UPID
US18-5233372
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
by Request
CAP Approach
CAP
$7.29M
Comparable Approach
Comparable
$11.12M
Blend (final)
Blend
$11.93M
Owner & transaction history
Central Shopping Center LLC · 2 yrs held
Central Shopping Center LLC
since 2023
5 recorded transactions
Zoning & alternative use
B-2 · Wilton Manors, FL
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Auto repair, garage
$19.1M
+7.7%
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 Wilton Manors submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Wilton Manors 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
by Request
CAP Approach
CAP Return
Estimation
6%
$7,890,000
6.5%
$7,285,000
7%
$6,765,000
Alternative Use
Use
Estimation
NEIGHBORHOOD: SHOPPING CENTER
$17,695,000
Current use
AUTO REPAIR, GARAGE
$19,060,000
Change: +8% · Conversion: Difficult
Blend value · Realmo final
$11.93M
Range $10.73M – $13.12M · ±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
$507 / 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
$201,989
Tax year 2023
Assessed value
$9,330,400
Assessed 2023
Previous assessed
$9,330,400
+0.0% YoY
Effective rate
2.16%
On assessed value
Assessed land
$2,857,880
Assessed improvement
$6,472,520
Land market value
$2,857,880
Improvement market value
$6,472,520
Total market value
$9,330,400
Applied tax rate
912.0000
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
Strip malls
Use group
SHOPPING CENTER, STRIP CENTER
Status
Off-Market
Year built
1968
Construction
CONCRETE
Heating
NONE
Cooling
CENTRAL
Buildings
5
Stories
1
Bathrooms
244
Total area
23,518 SF
Lot
5.47 ac (238,157 SF)
Zoning code
B-2
APN
49-42-27-00-0050
UPID
US18-5233372
Jurisdiction
BROWARD
Metro division
FORT LAUDERDALE-POMPANO BEACH-DEERFIELD BEACH, FL METROPOLITAN DIVISION
Zoning & alternative use
B-2 · Wilton Manors, FL
Zoning B-2 · permitted uses
B-2 · Wilton Manors, FL
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Wilton Manors. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
NEIGHBORHOOD: SHOPPING CENTER Current
Est. value
$17.7M
AUTO REPAIR, GARAGE
Est. value
$19.1M
NEIGHBORHOOD: SHOPPING CENTER Current
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
1968
Construction
CONCRETE
Heating
NONE
Cooling
Yes
Stories
1
Buildings
5
Bathrooms
244
Lot
5.47 ac
Current owner
From public records · entity-resolved
Central Shopping Center LLC
Entity
Free & Clear · 2 yrs held
Mailing address
7002 DEL WEBB OAK CRK BLVD, NORTH FORT MYERS, FL 33917-2147
Ownership since
2023
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
5 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Nov 7, 2023
—
Central Shopping Center LLC
Michael J Bickler
Deed
—
Jan 25, 2010
—
Williams Carol S Trust
Williams,carol S
Quit Claim Deed
related
—
Jan 8, 2010
—
Rook Marilynn Trust
Rook,marilynn
Quit Claim Deed
related
—
Jan 14, 2008
—
Carol S Williams
Owner,record
Quit Claim Deed
related
—
Feb 6, 2003
—
M Rook
Schmitt,tr
Grant Deed
related
—
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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