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Property profile & analytics
OFF-MARKET
Estimated value
$3,890,000
Drug stores
6700 Dykes Rd Southwest Ranches, FL 33331-4665
Entity Owned
16-yr Hold
~
Est. High Equity
Property ID
US18-2216663
Property profile
Verified
Property type
Drug stores
Use group
DRUG STORE, PHARMACY
Year built
2008
Construction
CONCRETE
Total area
14,852 SF
Lot
1.77 ac (77,117 SF)
Zoning code
CB
APN
51-40-04-13-0080
UPID
US18-2216663
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
$4.07M
Comparable Approach
Comparable
$2.55M
Blend (final)
Blend
$3.89M
Owner & transaction history
Mgt Southwest Ranches LLC · 16 yrs held
Mgt Southwest Ranches LLC
since 2010
5 recorded transactions
Zoning & alternative use
CB · Southwest Ranches, FL
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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 Southwest Ranches submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Southwest Ranches 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%
$4,410,000
6.5%
$4,070,000
7%
$3,780,000
Alternative Use
Use
Estimation
RETAIL STORES
$5,635,000
Current use
Blend value · Realmo final
$3.89M
Range $3.50M – $4.28M · ±10%
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
$262 / 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
$87,520
Tax year 2023
Assessed value
$4,390,630
Assessed 2023
Previous assessed
$4,202,900
+4.5% YoY
Effective rate
1.99%
On assessed value
Assessed land
$1,542,340
Assessed improvement
$2,848,290
Land market value
$1,542,340
Improvement market value
$2,848,290
Total market value
$4,390,630
Applied tax rate
3,413.0000
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
Off-Market
Year built
2008
Construction
CONCRETE
Heating
NONE
Stories
1
Total area
14,852 SF
Lot
1.77 ac (77,117 SF)
Zoning code
CB
APN
51-40-04-13-0080
UPID
US18-2216663
Jurisdiction
BROWARD
Metro division
FORT LAUDERDALE-POMPANO BEACH-DEERFIELD BEACH, FL METROPOLITAN DIVISION
Zoning & alternative use
CB · Southwest Ranches, FL
Zoning CB · permitted uses
CB · Southwest Ranches, FL
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Southwest Ranches. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
RETAIL STORES Current
Est. value
$5.6M
RETAIL STORES Current
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
2008
Construction
CONCRETE
Heating
NONE
Stories
1
Lot
1.77 ac
Current owner
From public records · entity-resolved
Mgt Southwest Ranches LLC
Entity
Mailing address
PO BOX 1159, DEERFIELD, IL 60015-6002
Ownership since
2010
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
5 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Feb 25, 2010
$7,000,000
Mgt Southwest Ranches LLC
Nnn 1031 #15 Sw Ranches LLC
Special Warranty Deed
$3,850,000 · Wachovia Bank NA
Feb 25, 2010
—
Mgt Southwest Ranches LLC
Nnn/1031 No 15 Sw Ranches LLC
Quit Claim Deed
related
—
Nov 14, 2007
$3,500,000
Nnn/1031 No 15 Sw Ranches LLC
Coquina Davie LLC
Grant Deed
—
Sep 13, 2004
$1,200,000
Coquina Davie LLC
Ge Cap Franchise Finance Corp
Grant Deed
$1,560,000 · Union Bank Of Florida
Mar 7, 2001
$1,070,000
Roadhouse Grill Davie LLC
Paradise/bvt Coquina Assoc
Grant Deed
$971,320 · Ffca Acquisition Corp
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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