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Property profile & analytics
OFF-MARKET
Estimated value
$22,160,000
Community centers
5810 University Dr Davie, FL 33328-6107
Entity Owned
4-yr Hold
Free & Clear
Property ID
US19-0311653
Property summary
AI-generated overview
This thriving restaurant, located at 5810 S University Dr #110 in Davie, Florida (33328), is offered for sale at $195,000. Built in 2006, this turnkey operation boasts a prime location in the heart of Davie, placing it within easy reach of Miami and South Florida's vibrant culinary scene. The restaurant enjoys an established reputation and a loyal customer base, making it an attractive investment for experienced restaurateurs. The fully equipped kitchen features two new earthstone ovens, ideal for pizza preparation. The stylish décor complements the overall ambiance. This presents a significant opportunity for those seeking to own a successful restaurant business in a high-traffic area. The property is categorized as retail, specifically a restaurant, and offers potential for continued growth and profitability. Financing options may be available. This is a remarkable opportunity for individuals seeking to establish themselves in the South Florida food industry. The property's strong existing reputation and prime location make it a compelling investment prospect.
Property profile
Verified
Property type
Community centers
Use group
MINI-MALL
Year built
2006
Construction
CONCRETE
Total area
60,700 SF
Lot
8.04 ac (350,109 SF)
Zoning code
UC
APN
50-41-33-31-0020
UPID
US19-0311653
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
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$15.40M
Blend (final)
Blend
$22.16M
Owner & transaction history
Rk Davie LLC · 4 yrs held
Rk Davie LLC
since 2021
Last sale
$28.7M
3 recorded transactions
Zoning & alternative use
UC · Davie, 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 Davie submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Davie 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%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
OFFICE BUILDING
$33,095,000
Change: -18% · Conversion: Moderate
Blend value · Realmo final
$22.16M
Range $19.94M – $24.38M · ±10% · vs last sale $28.65M (Dec 13 2021)
Last sale anchor
$28.65M
Dec 13 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
$365 / 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
$373,988
Tax year 2023
Assessed value
$17,408,520
Assessed 2023
Previous assessed
$17,408,520
+0.0% YoY
Effective rate
2.15%
On assessed value
Assessed land
$5,251,640
Assessed improvement
$12,156,880
Land market value
$5,251,640
Improvement market value
$12,156,880
Total market value
$17,408,520
Applied tax rate
2,413.0000
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
Community centers
Use group
MINI-MALL
Status
Off-Market
Year built
2006
Construction
CONCRETE
Heating
NONE
Stories
1
Total area
60,700 SF
Lot
8.04 ac (350,109 SF)
Zoning code
UC
APN
50-41-33-31-0020
UPID
US19-0311653
Jurisdiction
BROWARD
Metro division
FORT LAUDERDALE-POMPANO BEACH-DEERFIELD BEACH, FL METROPOLITAN DIVISION
Zoning & alternative use
UC · Davie, FL
Zoning UC · permitted uses
UC · Davie, FL
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Davie. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
OFFICE BUILDING
Est. value
$33.1M
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
2006
Construction
CONCRETE
Heating
NONE
Stories
1
Lot
8.04 ac
Current owner
From public records · entity-resolved
Rk Davie LLC
Entity
Free & Clear · 4 yrs held
Mailing address
17100 COLLINS AVE STE #225, SUNNY ISLES BEACH, FL 33160-3675
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
3 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Dec 13, 2021
$28,650,000
Rk Davie LLC
Lakeside Town Shops LLC
Special Warranty Deed
—
Dec 29, 2004
—
Record Owner
Owner,record
Quit Claim Deed
related
—
Oct 22, 2004
$4,730,000
Lakeside Town Shops Ltd
Wolf,mary L
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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