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Property profile & analytics
OFF-MARKET
Estimated value
$8,445,000
Grocery and convenience stores
6931 88th Ave Tamarac, FL 33321-3221
Entity Owned
11-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US18-7681684
Property profile
Verified
Property type
Grocery and convenience stores
Use group
GROCERY, SUPERMARKET
Year built
2014
Construction
CONCRETE
Total area
42,882 SF
Lot
4.9 ac (213,592 SF)
Zoning code
MU-N
APN
49-41-05-01-0164
UPID
US18-7681684
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
Current use
Occupant on record · Public records
-
Isalis (Bike/Boat/Book/etc) Store
-
Party City Party Supply Store (Bike/Boat/Book/etc) Store
-
Skunk Funk Big Box & Wholesale Store
-
Carl's Trading Co Hat Shop
-
Bushka's Kitchen LLC (Bike/Boat/Book/etc) Store
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$11.75M
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$8.45M
Owner & transaction history
Wm Tamarac INC · 11 yrs held
Wm Tamarac INC
since 2014
2 recorded transactions
Zoning & alternative use
MU-N · Tamarac, 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 Tamarac submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Tamarac 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%
$12,730,000
6.5%
$11,750,000
7%
$10,910,000
Blend value · Realmo final
$8.45M
Range $7.60M – $9.29M · ±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
$197 / 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
$230,542
Tax year 2023
Assessed value
$8,121,940
Assessed 2023
Previous assessed
$7,310,620
+11.1% YoY
Effective rate
2.84%
On assessed value
Assessed land
$1,708,740
Assessed improvement
$6,413,200
Land market value
$1,708,740
Improvement market value
$6,413,200
Total market value
$8,121,940
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
Grocery and convenience stores
Use group
GROCERY, SUPERMARKET
Status
Off-Market
Year built
2014
Construction
CONCRETE
Heating
NONE
Stories
1
Total area
42,882 SF
Lot
4.9 ac (213,592 SF)
Zoning code
MU-N
APN
49-41-05-01-0164
UPID
US18-7681684
Jurisdiction
BROWARD
Metro division
FORT LAUDERDALE-POMPANO BEACH-DEERFIELD BEACH, FL METROPOLITAN DIVISION
Zoning & alternative use
MU-N · Tamarac, FL
Zoning MU-N · permitted uses
MU-N · 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.
Building & site characteristics
From public records
Year built
2014
Construction
CONCRETE
Heating
NONE
Stories
1
Lot
4.9 ac
Current owner
From public records · entity-resolved
Wm Tamarac INC
Entity
Mailing address
1301 SE 10TH ST #2930, BENTONVILLE, AR 72712-7998
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2014
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
Sep 25, 2014
—
Wm Tamarac INC
Misala INC
Re-recorded Document
related
$3,804,000 · Wells Fargo Bank Northwest N A
Aug 21, 2014
—
Wm Tamarac INC
Misala INC
Quit Claim Deed
related
—
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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