Sign Up Successful!
You now have access to more from Realmo!
Property Lookup
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    The Largest CRE Database in the US with Over 1 Million Listings
    Property profile & analytics

    6250 47th Ct Davie, FL 33314-4456

    • Sports & entertainment properties
    • 4,436 SF
    • 4.99 lot acres
    OFF-MARKET
    Last Sale
    Dec 18, 2023
    $1,000,000
    Value Estimations
    $1,050,000
    Show details
    Cap Rate Potential
    Location Intelligence
    Property ID
    US18-0062948
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Sports & entertainment properties

    Property Details for 6250 47th Ct

    Year built
    1993
    Construction
    CONCRETE
    Lot size
    4.99 lot acres
    Property size
    4,436 SF
    Zone code
    RM-16
    Property type
    Sports & entertainment properties
    APN
    50-41-26-41-0010
    APU
    504126410010

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

      Method
      Estimation
      Statistic approach
      $1,050,000
      ML approach
      $1,185,000

    • Alternative Use

      Use
      Estimation
      OFFICE BUILDING
      $1,575,000
      COMMERCIAL (GENERAL)
      $955,000
      AUTO REPAIR, GARAGE
      $895,000
      RETAIL STORES
      $860,000
      NEIGHBORHOOD: SHOPPING CENTER
      $685,000

    Get a detailed, property-specific valuation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    Davie
    County
    Broward
    State
    Florida
    Longitude
    -80.2296
    Latitude
    26.0626
    CBSA code
    33100
    CBSA name
    MIAMI-FORT LAUDERDALE-MIAMI BEACH, FL METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $10,295
    $108,730
    $273,790
    $382,520
    -
    $108,730
    $273,790
    $382,520

    Comparable in this City

    • Value Estimation
      $1,570,000
      73,092 SF

      7500 30th St

      STADIUM • 73,092 SF
      7500 30th St, Davie, FL 33314-1020
      View Details
    • Value Estimation
      $360,000
      7.88 Acres

      5353 State Rd 7th 7

      PARKING LOT • 7.88 Acres
      5353 State Rd 7th 7, Davie, FL 33314-6403
      View Details
    • Value Estimation by Request
      15.70 Acres

      3360 Davie Rd

      INDUSTRIAL - VACANT LAND • 15.70 Acres
      3360 Davie Rd, Davie, FL 33314-1645
      View Details
    • Value Estimation
      $320,000
      0.17 Acres

      Davie Rd

      PARKING LOT • 0.17 Acres
      Davie Rd, Davie, FL 33314
      View Details
    • Value Estimation by Request
      0.17 Acres

      46th St

      VACANT COMMERCIAL LAND • 0.17 Acres
      46th St, Davie, FL 33314
      View Details
    • Value Estimation by Request
      0.90 Acres

      3211 50th Ave

      INDUSTRIAL - VACANT LAND • 0.90 Acres
      3211 50th Ave, Davie, FL 33314-2110
      View Details

    Similar Nearby for Sale

    • New
      $1,250,000
      0.35 Acres

      Davie Corner Lot Investment Opportunity

      Corner lot in high-visibility area, ideal for diverse commercial uses.
      6404 SW 46Th St, Davie, FL 33314
      View Details
    • $1,050,000
      3,551 SF

      Davie Triplex: Prime Investment

      Fully remodeled, high-yield triplex in Davie, FL
      4728 66Th Ter, Davie, FL 33314
      View Details
    • $4,200,770
      0.94 Acres

      Davie Industrial Warehouse - Great Location

      High-traffic area, 14,000 sq ft warehouse on almost an acre.
      3300 Burris Rd, Davie, FL 33314
      View Details
    • $1,015,000

      Remodeled Triplex with Pool Access

      Fully remodeled triplex generating strong rental income, all currently leased.
      4728 SW 66Th Ter, Davie, FL 33314
      View Details
    • $549,000

      Well-Maintained Duplex with Fenced Yards

      Spacious duplex with modern updates, separate meters, and private yards.
      6510 SW 49Th St, Davie, FL 33314
      View Details
    • $2,200,000

      Commercial Land Near Hard Rock

      25000 sqft lot near Hard Rock Hotel.
      5920 SW 45Th Way, Fort Lauderdale, FL 33314
      View Details

    Similar Nearby for Lease

    • Contact for pricing
      145,800 SF

      Davie, FL Industrial Warehouse

      Class A warehouse, 48,600 SF available.
      3501 Burris Rd, Davie, FL 33314
      View Details
    • $2,995 /Mo

      Renovated Office Space in Davie

      Move-in ready office space in a high-traffic Davie location.
      6958 Griffin Rd, Fort Lauderdale, FL 33314
      View Details
    • $5 SF/Yr
      3,358 SF

      South Florida Industrial Land Investment

      Prime 4.6-acre industrial site with building.
      3570 49 Way, Davie, FL 33314
      View Details
    • $2,000 /Mo

      Davie Duplex Near Hard Rock

      Charming 2 bed, 1 bath duplex for rent in Davie.
      6165 SW 44Th St, Davie, FL 33314
      View Details
    • $2,000 /Mo

      Davie Office Space For Rent

      Centrally located office space near Florida Turnpike and I-95.
      6570 Griffin Rd, Fort Lauderdale, FL 33314
      View Details
    • $1,450 /Mo
      43,560 SF

      Updated Office Space For Lease

      Updated professional office space with ample parking and natural sunlight.
      6115 Stirling Rd, Hollywood, FL 33314
      View Details
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    6250 47th Ct
    Davie, FL 33314-4456
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.