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Property profile & analytics
OFF-MARKET
Estimated value
$755,000
Office buildings
5485 Wiles Rd Ste 404 Coconut Creek, FL 33073-4221
Entity Owned
5-yr Hold
Free & Clear
Property ID
US18-9503503
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Year built
2006
Construction
CONCRETE
Total area
2,353 SF
Lot
0.05 ac (2,353 SF)
Zoning code
PCD
APN
48-42-18-AC-0230
UPID
US18-9503503
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
$865k
CAP Approach
CAP
$760k
Comparable Approach
Comparable
$752k
Blend (final)
Blend
$755k
Owner & transaction history
Hkl Holdings LLC · 5 yrs held
Hkl Holdings LLC
since 2020
Last sale
$525,000
5 recorded transactions
Zoning & alternative use
PCD · Coconut Creek, FL
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Commercial (general)
$1.2M
+31.0%
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 Coconut Creek submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Coconut Creek 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
$770,000
ML approach
$865,000
CAP Approach
CAP Return
Estimation
6%
$825,000
6.5%
$760,000
7%
$710,000
Alternative Use
Use
Estimation
OFFICE BUILDING
$945,000
Current use
COMMERCIAL (GENERAL)
$1,240,000
Change: +31% · Conversion: Easy
MEDICAL BUILDING
$825,000
Change: -13% · Conversion: Easy
Blend value · Realmo final
$755k
Range $680k – $831k · ±10% · vs last sale $525k (Dec 8 2020)
Last sale anchor
$525k
Dec 8 2020
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
$321 / 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
$13,079
Tax year 2023
Assessed value
$498,730
Assessed 2023
Previous assessed
$457,400
+9.0% YoY
Effective rate
2.62%
On assessed value
Assessed land
$49,870
Assessed improvement
$448,860
Land market value
$49,870
Improvement market value
$448,860
Total market value
$498,730
Applied tax rate
3,212.0000
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
2006
Construction
CONCRETE
Heating
NONE
Total area
2,353 SF
Lot
0.05 ac (2,353 SF)
Zoning code
PCD
APN
48-42-18-AC-0230
UPID
US18-9503503
Jurisdiction
BROWARD
Metro division
FORT LAUDERDALE-POMPANO BEACH-DEERFIELD BEACH, FL METROPOLITAN DIVISION
Zoning & alternative use
PCD · Coconut Creek, FL
Zoning PCD · permitted uses
PCD · Coconut Creek, FL
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Coconut Creek. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
OFFICE BUILDING Current
Est. value
$945,000
COMMERCIAL (GENERAL)
Est. value
$1.2M
MEDICAL BUILDING
Est. value
$825,000
OFFICE BUILDING Current
COMMERCIAL (GENERAL)
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
2006
Construction
CONCRETE
Heating
NONE
Lot
0.05 ac
Current owner
From public records · entity-resolved
Hkl Holdings LLC
Entity
Free & Clear · 5 yrs held
Mailing address
5225 NW 80TH TER, PARKLAND, FL 33067-1137
Ownership since
2020
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
Mar 4, 2021
—
Hkl Holdings LLC
—
Deed
related
$393,750 · Jpmorgan Chase Bank NA
Dec 8, 2020
$525,000
Hkl Holdings LLC
Gt Universal LLC
Warranty Deed
—
Apr 29, 2016
$440,000
Gt Universal LLC
404 Morgan Center LLC
Warranty Deed
$352,000 · Sabadell United Bk NA
Aug 19, 2009
$545,000
404 Morgan Center LLC
Tks-22 LLC
Warranty Deed
$272,500 · Bank Of America
Dec 6, 2007
$468,000
Tks-22 LLC
Nexxus Construction LLC
Warranty Deed
$502,500 · Community South 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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