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Property profile & analytics
FOR SALE
Retail space
515 W Oakland Park Blvd Oakland Park, FL 33311
Entity Owned
9-yr Hold
Free & Clear
Property ID
US18-3962187
For Sale
$1,755,000
515 W Oakland Park Blvd, Oakland Park, FL 33311
View Listing →
Property profile
Verified
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Year built
1974
Construction
CONCRETE
Total area
11,156 SF
Lot
0.53 ac (23,014 SF)
Zoning code
B-1
APN
49-42-22-00-0441
UPID
US18-3962187
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
by Request
Comparable Approach
Comparable
$2.36M
Blend (final)
Blend
$1.76M
Owner & transaction history
Jp Royal LLC · 9 yrs held
Jp Royal LLC
since 2016
7 recorded transactions
Zoning & alternative use
B-1 · Wilton Manors, FL
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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 Oakland Park submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Oakland Park 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%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
RETAIL STORES
$2,805,000
Current use
OFFICE BUILDING
$2,780,000
Change: -1% · Conversion: Easy
Blend value · Realmo final
$1.76M
Range $1.58M – $1.93M · ±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
$157 / 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
$39,565
Tax year 2023
Assessed value
$1,622,500
Assessed 2023
Previous assessed
$1,622,500
+0.0% YoY
Effective rate
2.44%
On assessed value
Assessed land
$276,170
Assessed improvement
$1,346,330
Land market value
$276,170
Improvement market value
$1,346,330
Total market value
$1,622,500
Applied tax rate
1,712.0000
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
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Status
For Sale
Year built
1974
Construction
CONCRETE
Heating
NONE
Cooling
YES
Stories
1
Total area
11,156 SF
Lot
0.53 ac (23,014 SF)
Zoning code
B-1
APN
49-42-22-00-0441
UPID
US18-3962187
Jurisdiction
BROWARD
Metro division
FORT LAUDERDALE-POMPANO BEACH-DEERFIELD BEACH, FL METROPOLITAN DIVISION
Zoning & alternative use
B-1 · Wilton Manors, FL
Zoning B-1 · permitted uses
B-1 · 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
RETAIL STORES Current
Est. value
$2.8M
OFFICE BUILDING
Est. value
$2.8M
RETAIL STORES Current
OFFICE 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
1974
Construction
CONCRETE
Heating
NONE
Cooling
Yes
Stories
1
Lot
0.53 ac
Current owner
From public records · entity-resolved
Jp Royal LLC
Entity
Free & Clear · 9 yrs held
Mailing address
PO BOX 800034, MIAMI, FL 33280-0034
Ownership since
2016
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
11 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Mar 26, 2021
—
Jp Royal LLC
—
Deed
related
$750,000 · Edart Enterprises LLC
Dec 5, 2016
$1,300,000
Jp Royal LLC
Jac Management Co
Warranty Deed
—
Apr 30, 2012
—
Jac Management Co
Fcc LLC
Quit Claim Deed
related
—
Apr 30, 2012
$775,000
Jac Management Co
Forum Hldgs INC
Warranty Deed
$375,000 · Forum Holdings INC
Aug 22, 2011
—
Forum Holdings INC
Moskin,sidney M & Joanne B Coc
Trustees Deed
related
—
Jul 6, 2006
$264,000
515 West Oakland LLC
Chrein,beverly G
Warranty Deed
—
Jul 6, 2006
$66,000
515 West Oakland LLC
Victor,pandora
Warranty Deed
—
Jul 6, 2006
$1,320,000
515 West Oakland LLC
Vanowen Realty Corp
Warranty Deed
—
Jul 6, 2006
$718,286
515 West Oakland LLC
Faubel,warren & Priscilla
Warranty Deed
—
Jul 6, 2006
$132,000
515 West Oakland LLC
Grushoff,roger
Warranty Deed
$850,000 · Logan Asset Backed Fund LP
—
—
515 West Oakland LLC
—
Deed Of Trust
related
$850,000 · Forum Holdings INC
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.
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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