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Property profile & analytics
OFF-MARKET
Estimated value
$8,040,000
Office buildings
5297 Copans Rd, Margate, FL 33063-7706
Entity Owned
7-yr Hold
~
Est. High Equity
Property ID
US18-1921123
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Year built
1989
Construction
CONCRETE
Total area
32,994 SF
Lot
5.86 ac (255,134 SF)
Zoning code
M-1A
APN
48-42-30-27-0012
UPID
US18-1921123
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
$10.69M
Comparable Approach
Comparable
$7.78M
Blend (final)
Blend
$8.04M
Owner & transaction history
5297 W Copans Road LLC · 7 yrs held
5297 W Copans Road LLC
since 2018
4 recorded transactions
Zoning & alternative use
M-1A · Margate, FL
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Medical building
$11.6M
+9.7%
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 Margate submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Margate 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%
$11,575,000
6.5%
$10,685,000
7%
$9,925,000
Alternative Use
Use
Estimation
OFFICE BUILDING
$10,550,000
Current use
MEDICAL BUILDING
$11,580,000
Change: +10% · Conversion: Easy
Blend value · Realmo final
$8.04M
Range $7.24M – $8.84M · ±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
$244 / 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
$110,187
Tax year 2023
Assessed value
$4,525,470
Assessed 2023
Previous assessed
$4,525,470
+0.0% YoY
Effective rate
2.43%
On assessed value
Assessed land
$1,849,720
Assessed improvement
$2,675,750
Land market value
$1,849,720
Improvement market value
$2,675,750
Total market value
$4,525,470
Applied tax rate
1,212.0000
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
Office buildings
Use group
OFFICE BUILDING
Status
Off-Market
Year built
1989
Construction
CONCRETE
Heating
NONE
Cooling
YES
Stories
1
Total area
32,994 SF
Lot
5.86 ac (255,134 SF)
Zoning code
M-1A
APN
48-42-30-27-0012
UPID
US18-1921123
Jurisdiction
BROWARD
Metro division
FORT LAUDERDALE-POMPANO BEACH-DEERFIELD BEACH, FL METROPOLITAN DIVISION
Zoning & alternative use
M-1A · Margate, FL
Zoning M-1A · permitted uses
M-1A · Margate, FL
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Margate. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
OFFICE BUILDING Current
Est. value
$10.6M
MEDICAL BUILDING
Est. value
$11.6M
OFFICE BUILDING Current
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
1989
Construction
CONCRETE
Heating
NONE
Cooling
Yes
Stories
1
Lot
5.86 ac
Current owner
From public records · entity-resolved
5297 W Copans Road LLC
Entity
Mailing address
4770 WHITE PLNS RD, BRONX, NY 10470-1136
Ownership since
2018
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
Oct 25, 2018
$5,500,000
5297 W Copans Road LLC
Northwest Broward Dev LLC
Warranty Deed
$4,675,000 · M&t Bk
Feb 26, 2010
$3,250,000
Northwest Broward Dev LLC
American Holding Corp
Warranty Deed
$2,839,748 · Bankatlantic Fsb
—
—
Northwest Broward Dev LLC
—
Deed Of Trust
related
$2,464,588 · Bank Of America
—
—
Northwest Broward Dev LLC
—
Deed Of Trust
related
$2,480,000 · Florida Shores Bank
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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