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Property profile & analytics
OFF-MARKET
Estimated value
$590,000
Distribution centers
5387 Nob Hl Rd Sunrise, FL 33351-4761
Entity Owned
5-yr Hold
~
Est. High Equity
Property ID
US18-2325095
Property profile
Verified
Property type
Distribution centers
Use group
DISTRIBUTION WAREHOUSE
Year built
1990
Construction
CONCRETE
Total area
3,210 SF
Lot
0.07 ac (3,200 SF)
Zoning code
I-1
APN
49-41-18-AD-0200
UPID
US18-2325095
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
$640k
CAP Approach
CAP
$820k
Comparable Approach
Comparable
$674k
Blend (final)
Blend
$590k
Owner & transaction history
Paal Technologies INC · 5 yrs held
Paal Technologies INC
since 2021
Last sale
$525,000
7 recorded transactions
Zoning & alternative use
I-1 · Sunrise, 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 Sunrise submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Sunrise 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
$625,000
ML approach
$640,000
CAP Approach
CAP Return
Estimation
6%
$890,000
6.5%
$820,000
7%
$760,000
Alternative Use
Use
Estimation
WAREHOUSE, STORAGE
$735,000
Current use
OFFICE BUILDING
$605,000
Change: -18% · Conversion: Difficult
Blend value · Realmo final
$590k
Range $531k – $649k · ±10% · vs last sale $525k (Jun 28 2021)
Last sale anchor
$525k
Jun 28 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
$184 / 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
$10,548
Tax year 2023
Assessed value
$499,130
Assessed 2023
Previous assessed
$499,130
+0.0% YoY
Effective rate
2.11%
On assessed value
Assessed land
$49,910
Assessed improvement
$449,220
Land market value
$49,910
Improvement market value
$449,220
Total market value
$499,130
Applied tax rate
2,112.0000
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
Distribution centers
Use group
DISTRIBUTION WAREHOUSE
Status
Off-Market
Year built
1990
Construction
CONCRETE
Heating
NONE
Bathrooms
1
Total area
3,210 SF
Lot
0.07 ac (3,200 SF)
Zoning code
I-1
APN
49-41-18-AD-0200
UPID
US18-2325095
Jurisdiction
BROWARD
Metro division
FORT LAUDERDALE-POMPANO BEACH-DEERFIELD BEACH, FL METROPOLITAN DIVISION
Zoning & alternative use
I-1 · Sunrise, FL
Zoning I-1 · permitted uses
I-1 · Sunrise, FL
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Sunrise. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
WAREHOUSE, STORAGE Current
Est. value
$735,000
OFFICE BUILDING
Est. value
$605,000
WAREHOUSE, STORAGE 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
1990
Construction
CONCRETE
Heating
NONE
Bathrooms
1
Lot
0.07 ac
Current owner
From public records · entity-resolved
Paal Technologies INC
Entity
Mailing address
5387 N NOB HL RD, SUNRISE, FL 33351-4761
Mailing matches property
Yes
Owner-occupied
Yes
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
8 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jun 28, 2021
$550,000
Paal Technologies INC
Paal Technologies INC
Warranty Deed
related
$4,625,000 · Live Oak Banking Company
Aug 3, 2020
$525,000
Paal Technologies INC
Fnjslab LLC
Warranty Deed
—
May 15, 2017
—
Fnjslab LLC
—
Deed
related
$500,000 · Valley National Bank
Aug 4, 2016
—
B & B Business Center LLC
Flagship Finl Corp
Quit Claim Deed
related
—
Aug 4, 2016
$592,200
Fnjslab LLC
B & B Business Center LLC
Grant Deed
—
Aug 20, 2008
—
Flagship Finl Corp
Owner,record
Trustees Deed
related
—
Aug 17, 2007
$674,100
Repair All & INC
B & B Business Center LLC
Grant Deed
$510,000 · Transcapital Bank
—
—
Fnjslab LLC
—
Deed Of Trust
related
$1,000,000 · Valley Nat'l Bk
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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