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Property profile & analytics
OFF-MARKET
Estimated value
$1,490,000
Retail space
6229 Miramar Pkwy Miramar, FL 33023-3941
Entity Owned
4-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US18-1327483
Property profile
Verified
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Year built
1958
Construction
CONCRETE
Total area
5,198 SF
Lot
0.51 ac (22,087 SF)
Zoning code
ML
APN
51-41-25-04-1750
UPID
US18-1327483
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
$1.48M
CAP Approach
CAP
$1.11M
Comparable Approach
Comparable
$1.59M
Blend (final)
Blend
$1.49M
Owner & transaction history
6229 Miramar Parkway LLC · 4 yrs held
6229 Miramar Parkway LLC
since 2022
Last sale
$1.7M
7 recorded transactions
Zoning & alternative use
ML · Miramar, FL
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Commercial (general)
$2.4M
+86.8%
Industrial (general)
$2.4M
+84.5%
Medical building
$1.8M
+40.9%
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 Miramar submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Miramar 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
$1,405,000
ML approach
$1,475,000
CAP Approach
CAP Return
Estimation
6%
$1,205,000
6.5%
$1,110,000
7%
$1,035,000
Alternative Use
Use
Estimation
RETAIL STORES
$1,295,000
Current use
COMMERCIAL (GENERAL)
$2,420,000
Change: +87% · Conversion: Easy
INDUSTRIAL (GENERAL)
$2,390,000
Change: +84% · Conversion: Difficult
MEDICAL BUILDING
$1,825,000
Change: +41% · Conversion: Difficult
OFFICE BUILDING
$1,570,000
Change: +21% · Conversion: Easy
Blend value · Realmo final
$1.49M
Range $1.34M – $1.64M · ±10% · vs last sale $1.68M (May 13 2022)
Last sale anchor
$1.68M
May 13 2022
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
$287 / 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
$29,730
Tax year 2023
Assessed value
$1,255,720
Assessed 2023
Previous assessed
$762,950
+64.6% YoY
Effective rate
2.37%
On assessed value
Assessed land
$242,960
Assessed improvement
$1,012,760
Land market value
$242,960
Improvement market value
$1,012,760
Total market value
$1,255,720
Applied tax rate
2,713.0000
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
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Status
Off-Market
Year built
1958
Construction
CONCRETE
Heating
NONE
Cooling
CENTRAL
Stories
1
Total area
5,198 SF
Lot
0.51 ac (22,087 SF)
Zoning code
ML
APN
51-41-25-04-1750
UPID
US18-1327483
Jurisdiction
BROWARD
Metro division
FORT LAUDERDALE-POMPANO BEACH-DEERFIELD BEACH, FL METROPOLITAN DIVISION
Zoning & alternative use
ML · Miramar, FL
Zoning ML · permitted uses
ML · Miramar, FL
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Miramar. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
RETAIL STORES Current
Est. value
$1.3M
COMMERCIAL (GENERAL)
Est. value
$2.4M
INDUSTRIAL (GENERAL)
Est. value
$2.4M
MEDICAL BUILDING
Est. value
$1.8M
OFFICE BUILDING
Est. value
$1.6M
RETAIL STORES Current
COMMERCIAL (GENERAL)
INDUSTRIAL (GENERAL)
MEDICAL BUILDING
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
1958
Construction
CONCRETE
Heating
NONE
Cooling
Yes
Stories
1
Lot
0.51 ac
Current owner
From public records · entity-resolved
6229 Miramar Parkway LLC
Entity
Mailing address
18781 SW 41ST ST, MIRAMAR, FL 33029-2757
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
9 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jun 1, 2022
$1,675,000
6229 Miramar Parkway LLC
Clayborne Group LLC
Correction Deed
related
—
May 13, 2022
$1,675,000
6229 Miramar Parkway LLC
Clayborne Group LLC
Warranty Deed
$1,883,000 · First Home Bank
Sep 10, 2019
—
Clayborne Group LLC
—
Deed
related
$600,000 · No Limit Mtg Solutions INC
Oct 2, 2018
$150,000
Skyrock Capital LLC
Clayborne Group LLC
Grant Deed
related
—
Oct 2, 2018
—
Clayborne Group LLC
—
Deed
related
$150,000 · Skyrock Capital LLC
Sep 28, 2016
$500,000
Clayborne Group LLC
Exotica Academy INC
Warranty Deed
—
Aug 15, 2001
$260,000
Exotica Academy INC
Guerra,rene & Marta
Grant Deed
$240,000 · Bank Of The West
—
—
Clayborne Group LLC
—
Deed Of Trust
related
$600,000 · No Limit Mtg Solutions INC
—
—
Clayborne Group LLC
—
Deed Of Trust
related
$150,000 · Skyrock Capital LLC
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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