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Property profile & analytics
OFF-MARKET
Estimated value
$3,980,000
Office buildings
5600 University Dr Lauderhill, FL 33351-4380
Entity Owned
3-yr Hold
Absentee Owner
Free & Clear
Property ID
US18-3504288
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Year built
1977
Construction
CONCRETE
Total area
5,079 SF
Lot
1.27 ac (55,331 SF)
Zoning code
MU-G
APN
49-41-10-12-0010
UPID
US18-3504288
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
$4.87M
CAP Approach
CAP
$2.40M
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$3.98M
Owner & transaction history
Raising Cane S Restaurants LLC · 3 yrs held
Raising Cane S Restaurants LLC
since 2022
Last sale
$3.9M
2 recorded transactions
Zoning & alternative use
MU-G · Lauderhill, FL
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Source
land development regulations
Top alternative use upside
Restaurant
$4.3M
+354.9%
Auto repair, garage
$4.1M
+331.7%
Neighborhood: shopping center
$3.8M
+300.8%
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 Lauderhill submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Lauderhill 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
$4,815,000
ML approach
$4,870,000
CAP Approach
CAP Return
Estimation
6%
$2,595,000
6.5%
$2,395,000
7%
$2,225,000
Alternative Use
Use
Estimation
RESTAURANT
$4,340,000
Change: +355% · Conversion: Moderate
AUTO REPAIR, GARAGE
$4,115,000
Change: +332% · Conversion: Difficult
NEIGHBORHOOD: SHOPPING CENTER
$3,820,000
Change: +301% · Conversion: Difficult
COMMERCIAL (GENERAL)
$2,630,000
Change: +176% · Conversion: Easy
Blend value · Realmo final
$3.98M
Range $3.58M – $4.38M · ±10% · vs last sale $3.92M (Jul 5 2022)
Last sale anchor
$3.92M
Jul 5 2022
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
$784 / 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
$82,147
Tax year 2023
Assessed value
$3,500,000
Assessed 2023
Previous assessed
$2,592,690
+35.0% YoY
Effective rate
2.35%
On assessed value
Assessed land
$1,936,590
Assessed improvement
$1,563,410
Land market value
$1,936,590
Improvement market value
$1,563,410
Total market value
$3,500,000
Applied tax rate
3,112.0000
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
Office buildings
Use group
OFFICE BUILDING
Status
Off-Market
Year built
1977
Construction
CONCRETE
Heating
NONE
Cooling
YES
Stories
1
Total area
5,079 SF
Lot
1.27 ac (55,331 SF)
Zoning code
MU-G
APN
49-41-10-12-0010
UPID
US18-3504288
Jurisdiction
BROWARD
Metro division
FORT LAUDERDALE-POMPANO BEACH-DEERFIELD BEACH, FL METROPOLITAN DIVISION
Zoning & alternative use
MU-G · Lauderhill, FLZoning MU-G · permitted uses
MU-G · Lauderhill, FL
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Source
land development regulations
Alternative use value scenarios
Repositioning upside vs current use
RESTAURANT
Est. value
$4.3M
AUTO REPAIR, GARAGE
Est. value
$4.1M
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$3.8M
COMMERCIAL (GENERAL)
Est. value
$2.6M
RESTAURANT
AUTO REPAIR, GARAGE
NEIGHBORHOOD: SHOPPING CENTER
COMMERCIAL (GENERAL)
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
1977
Construction
CONCRETE
Heating
NONE
Cooling
Yes
Stories
1
Lot
1.27 ac
Current owner
From public records · entity-resolved
Raising Cane S Restaurants LLC
Entity
Free & Clear · 3 yrs held
Mailing address
6180 NW 63RD WAY, PARKLAND, FL 33067-1522
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2022
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
2 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Nov 8, 2022
—
Raising Cane S Restaurants LLC
Miafl Realty LLC
Lease
—
Jul 5, 2022
$3,915,000
Miafl Realty LLC
Truist Bank
Special Warranty Deed
$2,936,250 · Us Century 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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