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5400 University Dr, Davie, FL 33328-5312
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Estimated value (blended)
$15.68M
Range $14.11M – $17.24M (±10%)
Implied cap rate
7.50%
In-place · NOI ÷ last sale
Property ID
US18-2710230
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Year built
1989
Construction
CONCRETE
Total area
56,775 SF
Lot
8.01 ac (348,840 SF)
Zoning code
CC
APN
50-41-33-20-0010
UPID
US18-2710230
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$12.67M
CAP Approach
CAP
$17.99M
Comparable Approach
Comparable
$13.78M
Blend (final)
Blend
$15.68M
Owner & transaction history
since 2026
Last sale
$10.7M
7 recorded transactions
Zoning & alternative use
CC · Davie, FL
Zoning description
The CC District is intended to implement the commerce/office classification of the Town of Davie Comprehensive Plan by providing for development of office, research, business and light industrial complexes at suitable lo…
General category
INDUSTRIAL
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
Value estimation
Instant AI valuation built from comps, income signals, and proprietary benchmarks. A defensible range, not a single guess.
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Unlock the complete Valuation workflow
Full NOI reconstruction, selected comps, alternative-use scenarios, data audit and PDF export.
Full NOI build-up · 6 steps
All 4 comparables with addresses
Sensitivity value band
Source audit · 10 inputs
PDF export
Analytics Standard · 5 reports
from $99/month
from $99/month
Summary
1
Valuation conclusion
Included free
Estimated market value
$15.68M
Value range
$14.11M – $17.24M
±10% around blend
Estimated value / SF
$276 / SF
Confidence
Low
4 county-verified comps
Property data
88
Market benchmarks
100
Comparable evidence
40
Income certainty
100
$14.11M
blend $15.68M
$17.24M
Market-derived valuation under stabilized market assumptions. Desktop analysis. No physical inspection performed.
2
Subject property
Included free
GBA
56,775 SF
Lot area
8.01 ac
Year built
1989
Stories
1
APN
50-41-33-20-0010
Assessed value
$9,630,000
Annual tax
$221,896
3
Income approach: direct capitalization
Partial preview
Income approach indication
$17.99M
Direct capitalization · @ 6.5% CAP return
@ 6% CAP return
$19.49M
@ 6.5% CAP return
$17.99M
@ 7% CAP return
$16.70M
Estimated Stabilized NOI, derived from market rent, vacancy and expense benchmarks. Actual property income not reported.
Estimated market rent / SF
Potential gross income
Vacancy allowance
Effective gross income
Benchmark operating expenses
Stabilized NOI
Property tax
$221,896
Selected cap rate
4
Sales comparison
Partial preview
Sales approach indication
$9.36M
Weighted, 4 comps · low confidence
Evidence
4 found · 4 selected
County-verified recorded sales
Comparable
Sale dateSale price$ / SF
12.3 mi away · 60,540 SF
12.7 mi away · 42,445 SF
23.7 mi away · 62,456 SF
5
Sensitivity & risk
Partial preview
Downside
−10%
Base
$15.68M
Upside
+10%
Bounds of the ±10% band vs the blend — never simulated scenarios.
6
Current market position
Included free
Benchmark
Observed band ($/SF)AverageSubject delta
ZIP 21 sales
$545
-49%
Submarket 288 sales
$454
-39%
County 1253 sales
$455
-39%
Band = middle half (Q1–Q3) of recorded sale $/SF for this use type per geography; the diamond marks the subject at $276/SF. Delta below average reads as headroom. Source: Realmo CRE sales derivatives (county records).
7
Data & methodology
Included free
Building area
County record
Property tax
County record
Assessed value
County record
Zoning designation
Not available
Operating expenses
Modeled
Market rent
Market benchmark
Actual rent roll
Not available
Tenant leases
Not available
Physical condition
Not inspected
Conversion costs
Not available
Not analyzed due to unavailable source data: tenant leases, physical condition and capital
requirements were not available for this desktop analysis. Cost Approach excluded due to
availability of income evidence.
Automated valuation analysis, not a licensed appraisal. Figures are derived from public
records and proprietary models. Desktop analysis: no physical inspection, tenant leases or reported
property income. Verify with a licensed appraiser before transacting.
Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
17% off on annual
Unlock the complete Cap Rate workflow
Full market tables, editable assumptions, comparable evidence, saved work and exports.
9-scenario matrix
Comparable evidence · 4 sales
NOI build-up · 9 steps
Market rates by use type
PDF export
Analytics Standard · 5 reports
from $99/month
from $99/month
Overview
Selected market yield
7.50%
Selected cap rate for this office buildings
Derived from the Davie market rent, vacancy and expense benchmarks for this use type.
Lower yield / higher price
Higher yield / lower price
5.0%
This property · 7.50%
9.0%
NOI (est.)
$429k *
Last sale · Feb 2020
$10.70M
* derived from a real price signal at a 7% cap
Price sensitivity
The rate is the decision lever; valuation is the consequence.
Test a cap rate
Implied value$5.72M
Move the market yield to see immediate price impact.
Value / SF
$101
Vs. selected
Base
Derivation
NOI ÷ cap
Arithmetic over the derived NOI * — not market scenario modeling.
NOI × cap matrix
Preview
Preview of 9 modeled outcomes.
NOI
7.00%7.50%8.00%
$386k
$5.51M
$5.14M
$4.82M
$429k
$6.12M
$5.72M
$5.36M
$472k
$6.74M
$6.29M
$5.89M
NOI sensitivity ±10% across the selected-rate band (±0.5 pp) — derivation of the NOI above.
Comparable evidence
Partial preview
Recorded sales nearby
4 found
Low confidence · county-verified
Closest comparable
$12.10M
4.8 mi · Dec 2025 · $173/SF
Property tax & assessments
Tax year 2023Property tax & assessments
Tax year 2023
Tax billed
$221,896
Tax year 2023
Assessed value
$9,630,000
Assessed 2023
Previous assessed
$10,114,080
-4.8% YoY
Effective rate
2.30%
On assessed value
Assessed land
$2,171,560
Assessed improvement
$7,458,440
Land market value
$2,171,560
Improvement market value
$7,458,440
Total market value
$9,630,000
Applied tax rate
2,413.0000
Automated cap rate analysis. Based on public records, market benchmarks and proprietary
models. Verify with a licensed professional before transacting.
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Office buildings
Use group
OFFICE BUILDING
Status
For Lease
Year built
1989
Construction
CONCRETE
Heating
NONE
Cooling
YES
Stories
1
Total area
56,775 SF
Lot
8.01 ac (348,840 SF)
Zoning code
CC
APN
50-41-33-20-0010
UPID
US18-2710230
Jurisdiction
BROWARD
Metro division
FORT LAUDERDALE-POMPANO BEACH-DEERFIELD BEACH, FL METROPOLITAN DIVISION
Zoning & alternative use
CC · Davie, FLZoning CC · permitted uses
CC · Davie, FL
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Zoning description
The CC District is intended to implement the commerce/office classification of the Town of Davie Comprehensive Plan by providing for development of office, research, business and light industrial complexes at suitable lo…
General category
INDUSTRIAL
Building & site characteristics
From public records
Year built
1989
Construction
CONCRETE
Heating
NONE
Cooling
Yes
Stories
1
Lot
8.01 ac
Zoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
Zoning designation
Matched to the official district catalog
CC
INDUSTRIAL
Jurisdiction
Davie, FL
Recorded code
CC
Official district
CC
Zoning Insight
What can be built and operated here — officially.
The district profile from the municipal source: what is on file for CC in Davie, FL.
What opens after registration
Zoning profile
Official descriptionThe district text from the municipal code
District factsZone name, category and district area
2 official documentsVerified municipal sources with file download
Match provenanceAssignment basis, match tier and confidence
Private report access
See the official zoning profile for this address.
Registration is required before the official district profile is shown.
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Ownership Intelligence
Find the owner behind the property.
Unlock the evidence behind ownership: portfolio, transactions, debt and signals that help you decide who to contact next.
What opens after registration
Ownership report
Owner identityResolved entity and name variants
Portfolio holdingsLinked properties and estimated value
Deal signalsSell-side activity worth following
Debt & historyRecorded loans and transaction history
Private report access
See the ownership record for this address.
Registration is required before any owner information is shown.
One complete report on every paid plan · 5 · 30 · 100 reports per month.
Owner of record and activity signals are derived from public records and modeled classifications.
They do not confirm beneficial ownership or intent to transact.
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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