Back to Search
Property profile & analytics
FOR SALE
Drug stores
6400 NW 57Th St Fort Lauderdale, FL 33319
Entity Owned
2-yr Hold
Free & Clear
Property ID
US18-3453573
For Sale
1 / 2
$7,248,000
6400 NW 57Th St, Fort Lauderdale, FL 33319
View Listing →
Property profile
Verified
Property type
Drug stores
Use group
DRUG STORE, PHARMACY
Year built
2000
Construction
CONCRETE
Total area
16,419 SF
Lot
1.99 ac (86,736 SF)
Zoning code
MU-G
APN
49-41-10-11-0010
UPID
US18-3453573
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
$7.00M
CAP Approach
CAP
$4.50M
Comparable Approach
Comparable
$9.36M
Blend (final)
Blend
$7.00M
Owner & transaction history
Leremblu LLC · 2 yrs held
Leremblu LLC
since 2024
Last sale
$7.0M
3 recorded transactions
Zoning & alternative use
MU-G · Tamarac, FL
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Commercial (general)
$8.5M
+36.5%
Industrial (general)
$7.7M
+23.9%
Medical building
$7.7M
+22.8%
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 Fort Lauderdale submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Fort Lauderdale 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
$7,000,000
ML approach
$7,000,000
CAP Approach
CAP Return
Estimation
6%
$4,875,000
6.5%
$4,500,000
7%
$4,180,000
Alternative Use
Use
Estimation
RETAIL STORES
$6,230,000
Current use
COMMERCIAL (GENERAL)
$8,505,000
Change: +37% · Conversion: Easy
INDUSTRIAL (GENERAL)
$7,715,000
Change: +24% · Conversion: Difficult
MEDICAL BUILDING
$7,650,000
Change: +23% · Conversion: Difficult
WAREHOUSE, STORAGE
$5,715,000
Change: -8% · Conversion: Difficult
Blend value · Realmo final
$7.00M
Range $6.30M – $7.70M · ±10% · vs last sale $7.00M (Apr 30 2024)
Last sale anchor
$7.00M
Apr 30 2024
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
$426 / 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
$110,216
Tax year 2023
Assessed value
$4,712,890
Assessed 2023
Previous assessed
$4,453,470
+5.8% YoY
Effective rate
2.34%
On assessed value
Assessed land
$1,387,780
Assessed improvement
$3,325,110
Land market value
$1,387,780
Improvement market value
$3,325,110
Total market value
$4,712,890
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
Drug stores
Use group
DRUG STORE, PHARMACY
Status
For Sale
Year built
2000
Construction
CONCRETE
Heating
NONE
Cooling
YES
Stories
1
Total area
16,419 SF
Lot
1.99 ac (86,736 SF)
Zoning code
MU-G
APN
49-41-10-11-0010
UPID
US18-3453573
Jurisdiction
BROWARD
Metro division
FORT LAUDERDALE-POMPANO BEACH-DEERFIELD BEACH, FL METROPOLITAN DIVISION
Zoning & alternative use
MU-G · Tamarac, FL
Zoning MU-G · permitted uses
MU-G · 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
RETAIL STORES Current
Est. value
$6.2M
COMMERCIAL (GENERAL)
Est. value
$8.5M
INDUSTRIAL (GENERAL)
Est. value
$7.7M
MEDICAL BUILDING
Est. value
$7.7M
WAREHOUSE, STORAGE
Est. value
$5.7M
RETAIL STORES Current
COMMERCIAL (GENERAL)
INDUSTRIAL (GENERAL)
MEDICAL BUILDING
WAREHOUSE, STORAGE
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
2000
Construction
CONCRETE
Heating
NONE
Cooling
Yes
Stories
1
Lot
1.99 ac
Current owner
From public records · entity-resolved
Leremblu LLC
Entity
Free & Clear · 2 yrs held
Mailing address
200 S BISCAYNE BLVD, MIAMI, FL 33131-2310
Ownership since
2024
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
3 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Apr 30, 2024
$7,000,000
Leremblu LLC
Cot Wg Meadowllc
Special Warranty Deed
—
Nov 27, 2023
—
Walgreen Co
Cot Wg Meadow LLC
Lease
—
Nov 27, 2023
$5,808,600
Cot Wg Meadow LLC
Walgreen Co
Special Warranty Deed
—
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.
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
Full reports are paid
Unlock the full Property Analytics report
Start free for 7 days — no card required. Full owner contacts, all 4 valuations with methodology, refine flow, comparable adjustments, foot-traffic deep dive, export to PDF / CSV.
