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Property profile & analytics
OFF-MARKET
Estimated value
$20,535,000
Commercial land
5601 Hiatus Rd Tamarac, FL 33321-6408
Entity Owned
4-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US18-5158995
Property profile
Verified
Property type
Commercial land
Use group
VACANT COMMERCIAL LAND
Year built
2001
Construction
CONCRETE
Total area
100,000 SF
Lot
12.55 ac (546,738 SF)
Zoning code
MU-C
APN
49-41-07-10-0031
UPID
US18-5158995
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
Current use
Occupant on record · Public records
-
Isalis (Bike/Boat/Book/etc) Store
-
Party City Party Supply Store (Bike/Boat/Book/etc) Store
-
Skunk Funk Big Box & Wholesale Store
-
Carl's Trading Co Hat Shop
-
Bushka's Kitchen LLC (Bike/Boat/Book/etc) Store
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$23.61M
Comparable Approach
Comparable
$24.51M
Blend (final)
Blend
$20.54M
Owner & transaction history
Hiatus Industrial Venture LLC · 4 yrs held
Hiatus Industrial Venture LLC
since 2022
6 recorded transactions
Zoning & alternative use
MU-C · Tamarac, 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 Tamarac submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Tamarac 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%
$25,575,000
6.5%
$23,610,000
7%
$21,920,000
Blend value · Realmo final
$20.54M
Range $18.48M – $22.59M · ±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
$205 / 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
$187,514
Tax year 2023
Assessed value
$9,021,180
Assessed 2023
Previous assessed
$13,603,600
-33.7% YoY
Effective rate
2.08%
On assessed value
Assessed land
$9,021,180
Land market value
$9,021,180
Total market value
$9,021,180
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
Commercial land
Use group
VACANT COMMERCIAL LAND
Status
Off-Market
Year built
2001
Construction
CONCRETE
Heating
NONE
Stories
2
Total area
100,000 SF
Lot
12.55 ac (546,738 SF)
Zoning code
MU-C
APN
49-41-07-10-0031
UPID
US18-5158995
Jurisdiction
BROWARD
Metro division
FORT LAUDERDALE-POMPANO BEACH-DEERFIELD BEACH, FL METROPOLITAN DIVISION
Zoning & alternative use
MU-C · Tamarac, FL
Zoning MU-C · permitted uses
MU-C · Tamarac, FL
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Tamarac. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
2001
Construction
CONCRETE
Heating
NONE
Stories
2
Lot
12.55 ac
Current owner
From public records · entity-resolved
Hiatus Industrial Venture LLC
Entity
Mailing address
6820 LYONS TECHNOLOGY CIR STE #100, COCONUT CREEK, FL 33073-4325
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
6 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Dec 1, 2022
—
Hiatus Industrial Venture LLC
—
Deed
related
$26,000,000 · Td Bank NA
Mar 3, 2022
—
Hiatus Industrial Venture LLC
5601 Hiatus LLC
Re-recorded Document
related
—
Mar 1, 2022
—
Hiatus Industrial Venture LLC
Bof Fl 5601 Hiatus LLC
Re-recorded Document
related
—
Dec 3, 2021
$16,225,000
Hiatus Industrial Venture LLC
Bof 5601 Hiatus LLC
Special Warranty Deed
—
Jan 12, 2018
$13,584,500
Bof Fl 5601 Hiatus LLC
Piedmont Operating Ptshp LP
Grant Deed
related
$141,000,000 · Keybank USA
Dec 27, 2001
$13,255,000
Wells Operating Partnership LP
Westpoint Building #1 LLC
Grant Deed
—
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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