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Property profile & analytics
OFF-MARKET
Estimated value
$36,340,000
Community centers
5901 Hillsboro Blvd 5933 Parkland, FL 33067-4542
Entity Owned
9-yr Hold
Free & Clear
Property ID
US19-0290424
Property profile
Verified
Property type
Community centers
Use group
MINI-MALL
Year built
2000
Construction
CONCRETE
Total area
149,538 SF
Lot
20.8 ac (906,253 SF)
Zoning code
BCB-3
APN
48-41-01-01-3550
UPID
US19-0290424
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
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$36.34M
Owner & transaction history
New Market-parkland LLC · 9 yrs held
New Market-parkland LLC
since 2016
7 recorded transactions
Zoning & alternative use
BCB-3 · Parkland, FL
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description
The Broward County B-3 (BCB-3) general business district are intended to apply to arterial streets and trafficways where business establishments primarily not of a neighborhood or community service type may properly locate to serve large sections of the city and metropolitan area. Such businesses generally require considerable ground area, do not cater direc…
Zone name
Broward County Community Business District
General category
COMMERCIAL
Zone area
24.28 ac
Source
Realmo
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 Parkland submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Parkland 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
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
$243 / 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
$558,111
Tax year 2023
Assessed value
$24,298,730
Assessed 2023
Previous assessed
$24,298,730
+0.0% YoY
Effective rate
2.30%
On assessed value
Assessed land
$10,195,350
Assessed improvement
$14,103,380
Land market value
$10,195,350
Improvement market value
$14,103,380
Total market value
$24,298,730
Applied tax rate
3,012.0000
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
2000
Construction
CONCRETE
Heating
NONE
Cooling
YES
Stories
1
Total area
149,538 SF
Lot
20.8 ac (906,253 SF)
Zoning code
BCB-3
APN
48-41-01-01-3550
UPID
US19-0290424
Jurisdiction
BROWARD
Metro division
FORT LAUDERDALE-POMPANO BEACH-DEERFIELD BEACH, FL METROPOLITAN DIVISION
Zoning & alternative use
BCB-3 · Parkland, FLZoning BCB-3 · permitted uses
BCB-3 · Parkland, FL
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Zoning description
The Broward County B-3 (BCB-3) general business district are intended to apply to arterial streets and trafficways where business establishments primarily not of a neighborhood or community service type may properly locate to serve large sections of the city and metropolitan area. Such businesses generally require considerable ground area, do not cater directly to pedestrians and need a conspicuous and accessible location convenient for motorists.
Zone name
Broward County Community Business District
General category
COMMERCIAL
Zone area
24.28 ac
Source
Realmo
Building & site characteristics
From public records
Year built
2000
Construction
CONCRETE
Heating
NONE
Cooling
Yes
Stories
1
Lot
20.8 ac
Current owner
From public records · entity-resolved
New Market-parkland LLC
Entity
Free & Clear · 9 yrs held
Mailing address
3284 NORTHSIDE PKWY NW STE #515, ATLANTA, GA 30327-2286
Ownership since
2016
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
8 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Aug 12, 2016
—
New Market-parkland LLC
Hr Parkland LLC
Quit Claim Deed
related
—
Aug 12, 2016
$27,590,000
New Market-parkland LLC
Hr Parkland LLC
Grant Deed
$16,554,000 · Keybank USA
Apr 1, 2009
$15,675,900
Wri Hr Parkland LLC
Wri Parkland LLC
Grant Deed
—
Jun 7, 2006
$22,598,300
Wri Parkland LLC
Magnolia Star Parkland
Grant Deed
—
Apr 24, 2003
$19,993,000
Magnolia Star Parkland LP
Parcland Associates INC
Grant Deed
$16,000,000 · Wachovia Bank NA Trustee
Feb 4, 2003
$650,000
Tyler & Brett Properties LLC
Parcland Associates Ltd
Grant Deed
$520,000 · Grand Bank & Trust Of Florida
Dec 5, 2002
$650,000
Suntrust Bank NA
Parcland Associates Ltd
Grant Deed
related
—
Mar 21, 2000
$1,050,000
Sbn Parkland Lc
Parcland Associates Ltd
Grant Deed
$1,300,000 · Southtrust Bank NA
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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