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    6410 Sunset Strip Sunrise, FL 33313-2803
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    Property profile & analytics

    6410 Sunset Strip, Sunrise, FL 33313-2803

    View on Map
    • Grocery and convenience stores
    • 2,499 SF
    • 0.53 lot acres
    Off-Market
    Property ID
    US19-0154632
    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.
    Value Estimations
    $670,000
    Show details
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Grocery and convenience stores

    Property Details for 6410 Sunset Strip

    Year built
    1988
    Construction
    CONCRETE
    Lot size
    0.53 lot acres
    Zone code
    B-3
    Property type
    Grocery and convenience stores
    APN
    49-41-27-36-0010
    APU
    494127360010

    Sales History

    Date Price Buyer Seller Deed Type Mortgage
    Aug 27, 2014 $550,000 Galaxy Four INC Cb Loan Purchase Associates LLC Special Warranty Deed $478k · Paradise Bank
    Jun 10, 2014 — Cb Loan Purchase Assoc LLC Yekundi,kushal Coc Trustees Deed · related —
    Jun 20, 2008 — Dbr Lease Exchange LLC Owner,record Grant Deed · related —
    Jun 10, 2008 $700,000 Dbr Lease Exchange LLC Worldtrust LLC Warranty Deed —
    Jun 4, 2007 — Worldtrust LLC Aj Petroleum II LLC Warranty Deed $2.8M · Amsouth Bank
    Jan 14, 2004 $224,000 Aj Petroleum LLC S A F Food Market 500 INC Grant Deed —

    Value Estimations

    based on Realmo’s proprietary methodology

    • CAP approach

      CAP Return
      Estimation
      6%
      $840,000
      6.5%
      $775,000
      7%
      $720,000

    • Comparable approach

      Method
      Estimation
      AI Estimate
      $533,000
      Market price range: $340k - $808k

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

    Location Insight

    • Map
    • Local Demand
    City
    Sunrise
    County
    Broward
    State
    Florida
    Longitude
    -80.2355
    Latitude
    26.1541
    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
    $11,044
    $284,420
    $199,750
    $484,170
    -
    $284,420
    $199,750
    $484,170

    Comparable in this City

    • Value Estimation
      $575,000
      2,627 SF

      1201 Sunset Strip

      CONVENIENCE STORE
      1201 Sunset Strip, Sunrise, FL 33313-6109
      View Details
    • Value Estimation
      $1,200,000
      2,332 SF

      4100 Oakland Park Blvd

      CONVENIENCE STORE
      4100 Oakland Park Blvd, Lauderdale Lakes, FL 33313-1932
      View Details
    • Value Estimation
      $1,160,000
      6,242 SF

      4000 12th St

      CONVENIENCE STORE
      4000 12th St, Lauderhill, FL 33313-5815
      View Details
    • Value Estimation
      $590,000
      2,598 SF

      1040 47th Ave

      CONVENIENCE STORE
      1040 47th Ave, Plantation, FL 33313-6537
      View Details
    • Value Estimation
      $520,000
      2,160 SF

      4000 12th St

      CONVENIENCE STORE
      4000 12th St, Lauderhill, FL 33313-5815
      View Details
    • Value Estimation by Request
      2,066 SF

      4021 16th St

      CONVENIENCE STORE
      4021 16th St, Lauderhill, FL 33313-5809
      View Details

    Similar Nearby for Sale

    • Contact for pricing
      3,310 SF

      Sunrise Retail Space Available

      Retail space available for lease in Sunrise, Florida.
      6092-6096 W Oakland Park Blvd, Sunrise, FL 33313
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    • Contact for pricing

      Retail/Office Space For Sale

      598 SF retail/office space in a rehabbed property.
      1072 Sunset Strip 1072, Sunrise, FL 33313
      View Details
    • Contact for pricing

      Retail/Office Space For Sale

      626 SF retail/office space in Sunrise, Florida.
      1100-04 Sunset Strip 1100-04, Sunrise, FL 33313
      View Details
    • Contact for pricing
      7,150 SF

      Retail Property with Established Tenant

      Retail property with long-term tenant and income growth potential.
      6390 W Oakland Park Blvd, Sunrise, FL 33313
      View Details

    Similar Nearby for Lease

    • Contact for pricing
      3,595 SF

      Retail Space in Mixed-Use Development

      Ground floor retail space in Lauderhill, high-traffic location.
      7 N State Road 7, Lauderhill, FL 33313
      View Details
    • Contact for pricing
      880 SF

      Retail Space Available For Lease

      Retail space available for lease in Lauderdale Lakes, Florida.
      2439 N State Road 7, Lauderdale Lakes, FL 33313
      View Details
    • Contact for pricing
      5,644 SF

      Freestanding Building in Lauderhill

      Versatile property with ample parking and prime location.
      1879 NW 40Th Ave, Lauderhill, FL 33313
      View Details
    • $0.01 SF/Yr
      29,645 SF

      Oakland Park Retail Center

      Prime location, 29,645 sq ft, move-in ready.
      7204 Oakland Park Blvd, Lauderhill, FL 33313
      View Details
    • Contact for pricing
      1,250 SF

      Retail Space on Sunrise Boulevard

      Retail property with high visibility and traffic on Sunrise Boulevard.
      4301-4379 W Sunrise Blvd, Plantation, FL 33313
      View Details
    • $0.01 SF/Yr
      29,645 SF

      Lauderhill Retail Space For Lease

      29,645 SF Single-Tenant Retail Space
      7204 Oakland Park Blvd, Lauderhill, FL 33313
      View Details
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    Sunrise, FL 33313-2803
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    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
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