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Property profile & analytics
OFF-MARKET
Estimated value
$8,905,000
Retail space
645 University Dr 651 Coral Springs, FL 33071-6936
Entity Owned
1-yr Hold
~
Est. High Equity
Property ID
US18-2981797
Property profile
Verified
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Year built
1990
Construction
CONCRETE
Total area
22,025 SF
Lot
4.11 ac (178,874 SF)
Zoning code
B-2
APN
48-41-34-02-6013
UPID
US18-2981797
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
$8.23M
Comparable Approach
Comparable
$7.39M
Blend (final)
Blend
$8.91M
Owner & transaction history
Yeung Property Holdings INC · 1 yrs held
Yeung Property Holdings INC
since 2025
Last sale
$10.0M
2 recorded transactions
Zoning & alternative use
B-2 · Coral Springs, FL
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Neighborhood: shopping center
$14.4M
+119.0%
Industrial (general)
$13.7M
+107.8%
Commercial (general)
$11.6M
+76.6%
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 Coral Springs submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Coral Springs 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%
$8,915,000
6.5%
$8,230,000
7%
$7,645,000
Alternative Use
Use
Estimation
RETAIL STORES
$6,570,000
Current use
NEIGHBORHOOD: SHOPPING CENTER
$14,385,000
Change: +119% · Conversion: Moderate
INDUSTRIAL (GENERAL)
$13,650,000
Change: +108% · Conversion: Difficult
COMMERCIAL (GENERAL)
$11,595,000
Change: +77% · Conversion: Easy
OFFICE BUILDING
$8,180,000
Change: +25% · Conversion: Easy
MEDICAL BUILDING
$7,730,000
Change: +18% · Conversion: Difficult
Blend value · Realmo final
$8.91M
Range $8.01M – $9.80M · ±10% · vs last sale $10.00M (Nov 4 2024)
Last sale anchor
$10.00M
Nov 4 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
$404 / 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
$134,996
Tax year 2023
Assessed value
$5,475,760
Assessed 2023
Previous assessed
$6,887,840
-20.5% YoY
Effective rate
2.47%
On assessed value
Assessed land
$3,622,200
Assessed improvement
$1,853,560
Land market value
$3,622,200
Improvement market value
$1,853,560
Total market value
$5,475,760
Applied tax rate
2,812.0000
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
1990
Construction
CONCRETE
Heating
NONE
Cooling
YES
Buildings
2
Stories
1
Total area
22,025 SF
Lot
4.11 ac (178,874 SF)
Zoning code
B-2
APN
48-41-34-02-6013
UPID
US18-2981797
Jurisdiction
BROWARD
Metro division
FORT LAUDERDALE-POMPANO BEACH-DEERFIELD BEACH, FL METROPOLITAN DIVISION
Zoning & alternative use
B-2 · Coral Springs, FL
Zoning B-2 · permitted uses
B-2 · Coral Springs, FL
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Coral Springs. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
RETAIL STORES Current
Est. value
$6.6M
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$14.4M
INDUSTRIAL (GENERAL)
Est. value
$13.7M
COMMERCIAL (GENERAL)
Est. value
$11.6M
OFFICE BUILDING
Est. value
$8.2M
MEDICAL BUILDING
Est. value
$7.7M
RETAIL STORES Current
NEIGHBORHOOD: SHOPPING CENTER
INDUSTRIAL (GENERAL)
COMMERCIAL (GENERAL)
OFFICE BUILDING
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
1990
Construction
CONCRETE
Heating
NONE
Cooling
Yes
Stories
1
Buildings
2
Lot
4.11 ac
Current owner
From public records · entity-resolved
Yeung Property Holdings INC
Entity
Mailing address
550 SE 5TH AVE APT #304, BOCA RATON, FL 33432-5598
Ownership since
2025
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
2 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Feb 4, 2025
$10,000,000
Yeung Property Holdings INC
2200 Deerfield Florida LLC
Special Warranty Deed
$500,000 · Fields Realty LLC
Nov 5, 2019
$7,150,000
2200 Deerfield Florida LLC
Csfl Retail Associates LLC
Grant 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.
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