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Property profile & analytics
OFF-MARKET
Estimated value
$38,655,000
Community centers
7007 Broward Blvd 7181 Plantation, FL 33317-2208
Entity Owned
4-yr Hold
~
Est. High Equity
Property ID
US18-3992760
Property profile
Verified
Property type
Community centers
Use group
MINI-MALL
Year built
1979
Construction
CONCRETE
Total area
84,280 SF
Lot
17.79 ac (774,867 SF)
Zoning code
B-2P
APN
50-41-03-56-0010
UPID
US18-3992760
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
$26.10M
Comparable Approach
Comparable
$39.85M
Blend (final)
Blend
$38.66M
Owner & transaction history
7023 Broward LLC · 4 yrs held
7023 Broward LLC
since 2022
Last sale
$38.4M
4 recorded transactions
Zoning & alternative use
B-2P · Plantation, 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 Plantation submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Plantation 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
$37,980,000
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
$28,280,000
6.5%
$26,100,000
7%
$24,240,000
Alternative Use
Use
Estimation
NEIGHBORHOOD: SHOPPING CENTER
$63,420,000
Current use
Blend value · Realmo final
$38.66M
Range $34.79M – $42.52M · ±10% · vs last sale $38.40M (Jun 6 2022)
Last sale anchor
$38.40M
Jun 6 2022
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
$459 / 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
$682,163
Tax year 2023
Assessed value
$32,689,930
Assessed 2023
Previous assessed
$36,496,390
-10.4% YoY
Effective rate
2.09%
On assessed value
Assessed land
$8,523,540
Assessed improvement
$24,166,390
Land market value
$8,523,540
Improvement market value
$24,166,390
Total market value
$32,689,930
Applied tax rate
2,212.0000
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
Community centers
Use group
MINI-MALL
Status
Off-Market
Year built
1979
Construction
CONCRETE
Heating
NONE
Cooling
YES
Buildings
3
Stories
1
Total area
84,280 SF
Lot
17.79 ac (774,867 SF)
Zoning code
B-2P
APN
50-41-03-56-0010
UPID
US18-3992760
Jurisdiction
BROWARD
Metro division
FORT LAUDERDALE-POMPANO BEACH-DEERFIELD BEACH, FL METROPOLITAN DIVISION
Zoning & alternative use
B-2P · Plantation, FL
Zoning B-2P · permitted uses
B-2P · Plantation, FL
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Plantation. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
NEIGHBORHOOD: SHOPPING CENTER Current
Est. value
$63.4M
NEIGHBORHOOD: SHOPPING CENTER 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
1979
Construction
CONCRETE
Heating
NONE
Cooling
Yes
Stories
1
Buildings
3
Lot
17.79 ac
Current owner
From public records · entity-resolved
7023 Broward LLC
Entity
Mailing address
1650 SE 17TH ST STE #214, FORT LAUDERDALE, FL 33316-1735
Ownership since
2022
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
4 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jun 6, 2022
$38,400,000
7023 Broward LLC
Plantation Marketplace Investments
Special Warranty Deed
$21,000,000 · Amerant Bank NA
Sep 15, 2015
$32,875,000
Plantation Marketplace Invs Ll
G & I Vi South Florida Portfol
Grant Deed
$18,000,000 · Mercantil Commercebank
Aug 8, 2008
$22,000,000
G & I Vi S Fl Portfolio Spe LLC
Owner,record
Grant Deed
related
—
Nov 10, 2004
$22,400,000
Gehr Dev Florida LLC
Plantation Center Partners Ltd
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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