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Property profile & analytics
OFF-MARKET
Estimated value
$30,845,000
Automotive properties
5901 Madison Ave Tamarac, FL 33321-6412
Entity Owned
5-yr Hold
Free & Clear
Property ID
US18-9087261
Property profile
Verified
Property type
Automotive properties
Use group
VEHICLE SALES, RENTALS
Year built
2003
Construction
CONCRETE
Total area
29,935 SF
Lot
10.87 ac (473,588 SF)
Zoning code
BP
APN
49-41-07-10-0022
UPID
US18-9087261
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
$36.18M
Blend (final)
Blend
$30.85M
Owner & transaction history
Arrigo Sawgrass J Re Managemnt LLC · 5 yrs held
Arrigo Sawgrass J Re Managemnt LLC
since 2020
Last sale
$34.5M
7 recorded transactions
Zoning & alternative use
BP · Tamarac, FL
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Restaurant
$25.6M
+5.4%
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%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
AUTO REPAIR, GARAGE
$24,260,000
Current use
RESTAURANT
$25,565,000
Change: +5% · Conversion: Difficult
NEIGHBORHOOD: SHOPPING CENTER
$22,525,000
Change: -7% · Conversion: Difficult
Blend value · Realmo final
$30.85M
Range $27.76M – $33.93M · ±10% · vs last sale $34.50M (Sep 24 2020)
Last sale anchor
$34.50M
Sep 24 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
$1,030 / 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
$603,418
Tax year 2023
Assessed value
$26,472,700
Assessed 2023
Previous assessed
$26,472,700
+0.0% YoY
Effective rate
2.28%
On assessed value
Assessed land
$4,735,880
Assessed improvement
$21,736,820
Land market value
$4,735,880
Improvement market value
$21,736,820
Total market value
$26,472,700
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
Automotive properties
Use group
VEHICLE SALES, RENTALS
Status
Off-Market
Year built
2003
Construction
CONCRETE
Heating
NONE
Buildings
3
Stories
2
Total area
29,935 SF
Lot
10.87 ac (473,588 SF)
Zoning code
BP
APN
49-41-07-10-0022
UPID
US18-9087261
Jurisdiction
BROWARD
Metro division
FORT LAUDERDALE-POMPANO BEACH-DEERFIELD BEACH, FL METROPOLITAN DIVISION
Zoning & alternative use
BP · Tamarac, FL
Zoning BP · permitted uses
BP · 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.
Alternative use value scenarios
Repositioning upside vs current use
AUTO REPAIR, GARAGE Current
Est. value
$24.3M
RESTAURANT
Est. value
$25.6M
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$22.5M
AUTO REPAIR, GARAGE Current
RESTAURANT
NEIGHBORHOOD: SHOPPING CENTER
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
2003
Construction
CONCRETE
Heating
NONE
Stories
2
Buildings
3
Lot
10.87 ac
Current owner
From public records · entity-resolved
Arrigo Sawgrass J Re Managemnt LLC
Entity
Free & Clear · 5 yrs held
Mailing address
7301 PKWY DR, HANOVER, MD 21076-1159
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
7 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Oct 5, 2020
—
Arrigo Sawgrass J Re Mgmt LLC
—
Deed
related
$68,278,000 · Bank Of America
Sep 24, 2020
$34,500,000
Arrigo Sawgrass J Re Managemnt LLC
Arrigo Dcj Sawgrass INC
Special Warranty Deed
—
Jul 10, 2019
—
Arrigo Dcj Sawgrass INC
—
Deed
related
$12,119,791 · Ally Bk
Apr 17, 2008
$18,000,000
Arrigo Dcj Sawgrass INC
T T Of Commercial INC
Special Warranty Deed
$18,000,000 · Daimlerchrsler Fincl Svcs Americas
—
—
Arrigo Dcj Sawgrass INC
—
Deed Of Trust
related
$17,561,138 · Ally Bank
—
—
Arrigo Dcj Sawgrass INC
—
Loan Modification
related
$12,119,791 · Ally Bk
—
—
Arrigo Sawgrass J Re Mgmt LLC
—
Deed Of Trust
related
$68,278,000 · Bank Of America
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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