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Property profile & analytics
FOR SALE
Office buildings
6115 Lyons Rd Coconut Creek, FL 33073
Entity Owned
21-yr Hold
~
Est. High Equity
Property ID
US18-0089032
For Sale
1 / 32
$3,350,000
6115 Lyons Rd, Coconut Creek, FL 33073
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Property summary
AI-generated overview
This exceptional Class A executive office space, located at 6115 Lyons Road in Coconut Creek, Florida, offers immediate occupancy in a highly desirable location. The 9,866 square foot building, constructed in 2004, features two stories and boasts convenient amenities including elevators and ample on-site parking. Currently, there are three available suites ranging in size from 596 to 4,769 square feet, totaling 4,769 square feet of vacant space. The building is zoned PCD (Planned Commerce District), providing flexibility for various business types. Its strategic location within the Sawgrass Exchange Office Park offers unparalleled convenience, situated less than one mile from the Sawgrass Expressway and less than two miles from Florida's Turnpike. The building is also available for purchase. Enjoy the added convenience of a nearby Starbucks. This is a fantastic opportunity for businesses seeking a modern, efficient, and well-located office space in Coconut Creek. The property offers multiple tenancy options, making it suitable for a variety of business needs and sizes. Contact us today to learn more about leasing opportunities.
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING (MULTI-STORY)
Year built
2005
Construction
CONCRETE
Total area
9,933 SF
Lot
0.12 ac (5,151 SF)
Zoning code
PCD
APN
48-42-06-34-0011
UPID
US18-0089032
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
$3.22M
Comparable Approach
Comparable
$3.16M
Blend (final)
Blend
$2.96M
Owner & transaction history
Metrix Properties LLC · 21 yrs held
Metrix Properties LLC
since 2005
1 recorded transaction
Zoning & alternative use
PCD · Coconut Creek, 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 Coconut Creek submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Coconut Creek 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%
$3,485,000
6.5%
$3,215,000
7%
$2,985,000
Alternative Use
Use
Estimation
OFFICE BUILDING
$3,995,000
Current use
MEDICAL BUILDING
$3,485,000
Change: -13% · Conversion: Easy
Blend value · Realmo final
$2.96M
Range $2.66M – $3.25M · ±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
$297 / 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
$36,664
Tax year 2023
Assessed value
$1,188,000
Assessed 2023
Previous assessed
$1,188,000
+0.0% YoY
Effective rate
3.09%
On assessed value
Assessed land
$103,020
Assessed improvement
$1,084,980
Land market value
$103,020
Improvement market value
$1,084,980
Total market value
$1,188,000
Applied tax rate
3,212.0000
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 (MULTI-STORY)
Status
For Sale
Year built
2005
Construction
CONCRETE
Heating
NONE
Stories
2
Total area
9,933 SF
Lot
0.12 ac (5,151 SF)
Zoning code
PCD
APN
48-42-06-34-0011
UPID
US18-0089032
Jurisdiction
BROWARD
Metro division
FORT LAUDERDALE-POMPANO BEACH-DEERFIELD BEACH, FL METROPOLITAN DIVISION
Zoning & alternative use
PCD · Coconut Creek, FL
Zoning PCD · permitted uses
PCD · Coconut Creek, FL
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Coconut Creek. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
OFFICE BUILDING Current
Est. value
$4.0M
MEDICAL BUILDING
Est. value
$3.5M
OFFICE BUILDING Current
MEDICAL 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
2005
Construction
CONCRETE
Heating
NONE
Stories
2
Lot
0.12 ac
Current owner
From public records · entity-resolved
Metrix Properties LLC
Entity
Mailing address
PO BOX 113, LITTLE SWITZERLAND, NC 28749-0113
Ownership since
2005
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
1 recorded event · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jun 16, 2005
$2,089,800
Metrix Properties LLC
Gbv International Ltd
Grant Deed
$1,223,800 · Citibank Fsb
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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