Back to Search
Property profile & analytics
OFF-MARKET
Estimated value
$13,440,000
Retail space
7401 7515th Nw 57th St Tamarac, FL 33321
Entity Owned
8-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US18-2654928
Property profile
Verified
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Year built
1976
Construction
CONCRETE
Total area
20,854 SF
Lot
9.01 ac (392,630 SF)
Zoning code
MU-C
APN
49-41-10-03-2811
UPID
US18-2654928
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
$13.08M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$11.89M
Blend (final)
Blend
$13.44M
Owner & transaction history
Tamarac Plaza LP · 8 yrs held
Tamarac Plaza LP
since 2018
Last sale
$14.4M
2 recorded transactions
Zoning & alternative use
MU-C · Tamarac, FL
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Restaurant
$17.8M
+125.1%
Auto repair, garage
$16.9M
+113.6%
Neighborhood: shopping center
$15.7M
+98.3%
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
$18,775,000
ML approach
$13,075,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
RESTAURANT
$17,810,000
Change: +125% · Conversion: Easy
AUTO REPAIR, GARAGE
$16,900,000
Change: +114% · Conversion: Difficult
NEIGHBORHOOD: SHOPPING CENTER
$15,690,000
Change: +98% · Conversion: Moderate
COMMERCIAL (GENERAL)
$10,800,000
Change: +37% · Conversion: Easy
INDUSTRIAL (GENERAL)
$9,800,000
Change: +24% · Conversion: Difficult
MEDICAL BUILDING
$9,720,000
Change: +23% · Conversion: Difficult
Blend value · Realmo final
$13.44M
Range $12.10M – $14.78M · ±10% · vs last sale $14.40M (Mar 10 2020)
Last sale anchor
$14.40M
Mar 10 2020
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
$644 / 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
$379,630
Tax year 2023
Assessed value
$14,009,670
Assessed 2023
Previous assessed
$14,009,670
+0.0% YoY
Effective rate
2.71%
On assessed value
Assessed land
$2,748,410
Assessed improvement
$11,261,260
Land market value
$2,748,410
Improvement market value
$11,261,260
Total market value
$14,009,670
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
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Status
Off-Market
Year built
1976
Construction
CONCRETE
Heating
NONE
Cooling
CENTRAL
Buildings
3
Stories
1
Total area
20,854 SF
Lot
9.01 ac (392,630 SF)
Zoning code
MU-C
APN
49-41-10-03-2811
UPID
US18-2654928
Jurisdiction
BROWARD
Metro division
FORT LAUDERDALE-POMPANO BEACH-DEERFIELD BEACH, FL METROPOLITAN DIVISION
Zoning & alternative use
MU-C · Tamarac, FL
Zoning MU-C · permitted uses
MU-C · 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.
Alternative use value scenarios
Repositioning upside vs current use
RESTAURANT
Est. value
$17.8M
AUTO REPAIR, GARAGE
Est. value
$16.9M
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$15.7M
COMMERCIAL (GENERAL)
Est. value
$10.8M
INDUSTRIAL (GENERAL)
Est. value
$9.8M
MEDICAL BUILDING
Est. value
$9.7M
RESTAURANT
AUTO REPAIR, GARAGE
NEIGHBORHOOD: SHOPPING CENTER
COMMERCIAL (GENERAL)
INDUSTRIAL (GENERAL)
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
1976
Construction
CONCRETE
Heating
NONE
Cooling
Yes
Stories
1
Buildings
3
Lot
9.01 ac
Current owner
From public records · entity-resolved
Tamarac Plaza LP
Entity
Mailing address
20200 W DIXIE HWY STE 5G, AVENTURA, FL 33180-1919
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2018
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
Jun 11, 2018
—
Tamarac Plaza LP
—
Deed
related
$4,585 · Frost Bk
—
—
Tamarac Plaza LP
—
Deed Of Trust
related
$4,585 · Frost Bk
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.
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 7401 7515th Nw 57th St?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
List this address →
Full reports are paid
Unlock the full Property Analytics report
Start free for 7 days — no card required. Full owner contacts, all 4 valuations with methodology, refine flow, comparable adjustments, foot-traffic deep dive, export to PDF / CSV.
