7050 4th St Ste 202 Plantation, FL 33317-2247
Entity Owned
8-yr Hold
~
Est. High Equity
Estimated value (blended)
$480k
Range $432k – $528k (±10%)
Property ID
US18-3849372
Property profile
Verified
Property type
Office buildings
Use group
PROFESSIONAL BUILDING
Year built
1984
Construction
CONCRETE
Total area
1,619 SF
Zoning code
B-2P
APN
50-41-03-CM-0060
UPID
US18-3849372
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$480k
CAP Approach
CAP
$765k
Comparable Approach
Comparable
$672k
Blend (final)
Blend
$480k
Owner & transaction history
since 2018
4 recorded transactions
Zoning & alternative use
B-2P · Plantation, FL
Zoning description
The B-2P Central Business District is intended to apply to the principal concentration of retail, office, business and financial institutions in the City and shall be developed as a planned community development. The bus…
General category
COMMERCIAL
Top alternative use upside
Commercial (general)
$840,000
+24.1%
Medical building
$755,000
+11.7%
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
Value estimation
Instant AI valuation built from comps, income signals, and proprietary benchmarks. A defensible range, not a single guess.
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Unlock the complete Valuation workflow
Full NOI reconstruction, selected comps, alternative-use scenarios, data audit and PDF export.
All 27 comparables with addresses
5 alternative uses screened
Sensitivity value band
Source audit · 10 inputs
PDF export
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Summary
1
Valuation conclusion
Included free
Estimated market value
$480k
Value range
$432k – $528k
±10% around blend
Estimated value / SF
$296 / SF
Confidence
High
27 county-verified comps
Property data
63
Market benchmarks
100
Comparable evidence
100
$432k
blend $480k
$528k
Market-derived valuation under stabilized market assumptions. Desktop analysis. No physical inspection performed.
2
Subject property
Included free
GBA
1,619 SF
Year built
1984
APN
50-41-03-CM-0060
Assessed value
$348,170
Annual tax
$6,827
3
Income approach: direct capitalization
Partial preview
Income approach indication
$765k
Direct capitalization · @ 6.5% CAP return
@ 6% CAP return
$825k
@ 6.5% CAP return
$765k
@ 7% CAP return
$710k
4
Sales comparison
Partial preview
Sales approach indication
$530k
Weighted, 20 comps · high confidence
Evidence
27 found · 6 selected
County-verified recorded sales
Comparable
Sale dateSale price$ / SF
2.9 mi away · 1,180 SF
3.4 mi away · 1,931 SF
3.9 mi away · 1,156 SF
4.3 mi away · 1,278 SF
4.7 mi away · 1,424 SF
5
Sensitivity & risk
Partial preview
Downside
−10%
Base
$480k
Upside
+10%
Bounds of the ±10% band vs the blend — never simulated scenarios.
6
Current market position
Included free
Benchmark
Observed band ($/SF)AverageSubject delta
ZIP 28 sales
$417
-29%
Submarket 627 sales
$474
-37%
County 1253 sales
$455
-35%
Band = middle half (Q1–Q3) of recorded sale $/SF for this use type per geography; the diamond marks the subject at $296/SF. Delta below average reads as headroom. Source: Realmo CRE sales derivatives (county records).
7
Alternative use screening
Partial preview
Top alternative use
Commercial (general)
Gross theoretical uplift
+24%
vs current-use indication
Medical Building
Office Building · current use
Retail Stores
Warehouse, Storage
Values shown before conversion costs, entitlement costs, capital expenditures and stabilization risk.
8
Data & methodology
Included free
Building area
County record
Property tax
County record
Assessed value
County record
Zoning designation
Not available
Operating expenses
Not available
Market rent
Not available
Actual rent roll
Not available
Tenant leases
Not available
Physical condition
Not inspected
Conversion costs
Not available
Not analyzed due to unavailable source data: tenant leases, physical condition and capital
requirements were not available for this desktop analysis. Cost Approach excluded due to
availability of income evidence.
Automated valuation analysis, not a licensed appraisal. Figures are derived from public
records and proprietary models. Desktop analysis: no physical inspection, tenant leases or reported
property income. Verify with a licensed appraiser before transacting.
Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
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Full market tables, editable assumptions, comparable evidence, saved work and exports.
9-scenario matrix
Comparable evidence · 27 sales
Market rates by use type
PDF export
Analytics Standard · 5 reports
from $99/month
from $99/month
Overview
No cap rate is computable for this property yet: no recorded sale, income signal or market-rate row for its use type.
Price sensitivity
The rate is the decision lever; valuation is the consequence.
Test a cap rate
Implied value$348k
Move the market yield to see immediate price impact.
Value / SF
$215
Vs. selected
Base
Derivation
NOI ÷ cap
Arithmetic over the derived NOI * — not market scenario modeling.
NOI × cap matrix
Preview
Preview of 9 modeled outcomes.
NOI
5.00%7.00%9.00%
$22k
$439k
$313k
$244k
$24k
$487k
$348k
$271k
$27k
$536k
$383k
$298k
NOI sensitivity ±10% across the 5 / 7 / 9% anchors — derivation of the NOI above.
Comparable evidence
Partial preview
Recorded sales nearby
27 found
High confidence · county-verified
Closest comparable
$370k
0.2 mi · Mar 2026 · $317/SF
Property tax & assessments
Tax year 2023Property tax & assessments
Tax year 2023
Tax billed
$6,827
Tax year 2023
Assessed value
$348,170
Assessed 2023
Previous assessed
$330,270
+5.4% YoY
Effective rate
1.96%
On assessed value
Assessed land
$34,820
Assessed improvement
$313,350
Land market value
$34,820
Improvement market value
$313,350
Total market value
$348,170
Applied tax rate
2,212.0000
Automated cap rate analysis. Based on public records, market benchmarks and proprietary
models. Verify with a licensed professional before transacting.
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Office buildings
Use group
PROFESSIONAL BUILDING
Status
Off-Market
Year built
1984
Construction
CONCRETE
Heating
NONE
Total area
1,619 SF
Zoning code
B-2P
APN
50-41-03-CM-0060
UPID
US18-3849372
Jurisdiction
BROWARD
Metro division
FORT LAUDERDALE-POMPANO BEACH-DEERFIELD BEACH, FL METROPOLITAN DIVISION
Zoning & alternative use
B-2P · Plantation, FLZoning B-2P · permitted uses
B-2P · Plantation, FL
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Zoning description
The B-2P Central Business District is intended to apply to the principal concentration of retail, office, business and financial institutions in the City and shall be developed as a planned community development. The bus…
General category
COMMERCIAL
Alternative use value scenarios
Repositioning upside vs current use
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Building & site characteristics
From public records
Year built
1984
Construction
CONCRETE
Heating
NONE
Zoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
Zoning designation
Matched to the official district catalog
B-2P
COMMERCIAL
Jurisdiction
Plantation, FL
Recorded code
B-2P
Official district
B-2P
Zoning Insight
What can be built and operated here — officially.
The district profile from the municipal source: what is on file for B-2P in Plantation, FL.
What opens after registration
Zoning profile
Official descriptionThe district text from the municipal code
District factsZone name, category and district area
Cited sourceThe exact document the profile quotes
Match provenanceAssignment basis, match tier and confidence
Private report access
See the official zoning profile for this address.
Registration is required before the official district profile is shown.
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Ownership Intelligence
Find the owner behind the property.
Unlock the evidence behind ownership: portfolio, transactions, debt and signals that help you decide who to contact next.
What opens after registration
Ownership report
Owner identityResolved entity and name variants
Portfolio holdingsLinked properties and estimated value
Deal signalsSell-side activity worth following
Debt & historyRecorded loans and transaction history
Private report access
See the ownership record for this address.
Registration is required before any owner information is shown.
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Owner of record and activity signals are derived from public records and modeled classifications.
They do not confirm beneficial ownership or intent to transact.
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