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Property profile & analytics
OFF-MARKET
Estimated value
$4,310,000
Medical Office Space
7401 Commercial Blvd Lauderhill, FL 33319-2129
Entity Owned
~
Est. High Equity
Property ID
US18-5371065
Property profile
Verified
Property type
Medical Office Space
Use group
MEDICAL BUILDING
Year built
1998
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area
9,667 SF
Lot
1.98 ac (86,445 SF)
Zoning code
MU-G
APN
49-41-10-31-0020
UPID
US18-5371065
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
$3.94M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$4.30M
Blend (final)
Blend
$4.31M
Owner & transaction history
356 West 21st LLC
356 West 21st LLC
since 2025
Last sale
$4.7M
7 recorded transactions
Zoning & alternative use
MU-G · Lauderhill, FL
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Commercial (general)
$5.0M
+11.2%
Industrial (general)
$4.5M
+0.8%
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 Lauderhill submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Lauderhill 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
$3,865,000
ML approach
$3,935,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
MEDICAL BUILDING
$4,505,000
Current use
COMMERCIAL (GENERAL)
$5,005,000
Change: +11% · Conversion: Easy
INDUSTRIAL (GENERAL)
$4,540,000
Change: +1% · Conversion: Difficult
RETAIL STORES
$3,670,000
Change: -19% · Conversion: Difficult
Blend value · Realmo final
$4.31M
Range $3.88M – $4.74M · ±10% · vs last sale $4.73M (Nov 26 2025)
Last sale anchor
$4.73M
Nov 26 2025
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
$446 / 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
$57,269
Tax year 2023
Assessed value
$2,270,060
Assessed 2023
Previous assessed
$2,270,060
+0.0% YoY
Effective rate
2.52%
On assessed value
Assessed land
$1,037,340
Assessed improvement
$1,232,720
Land market value
$1,037,340
Improvement market value
$1,232,720
Total market value
$2,270,060
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
Medical Office Space
Use group
MEDICAL BUILDING
Status
Off-Market
Year built
1998
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
NONE
Cooling
CENTRAL
Stories
1
Bathrooms
2
Total area
9,667 SF
Lot
1.98 ac (86,445 SF)
Zoning code
MU-G
APN
49-41-10-31-0020
UPID
US18-5371065
Jurisdiction
BROWARD
Metro division
FORT LAUDERDALE-POMPANO BEACH-DEERFIELD BEACH, FL METROPOLITAN DIVISION
Zoning & alternative use
MU-G · Lauderhill, FL
Zoning MU-G · permitted uses
MU-G · Lauderhill, FL
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Lauderhill. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
MEDICAL BUILDING Current
Est. value
$4.5M
COMMERCIAL (GENERAL)
Est. value
$5.0M
INDUSTRIAL (GENERAL)
Est. value
$4.5M
RETAIL STORES
Est. value
$3.7M
MEDICAL BUILDING Current
COMMERCIAL (GENERAL)
INDUSTRIAL (GENERAL)
RETAIL STORES
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
1998
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
NONE
Cooling
Yes
Stories
1
Bathrooms
2
Lot
1.98 ac
Current owner
From public records · entity-resolved
356 West 21st LLC
Entity
Mailing address
1395 NW 167TH ST, MIAMI, FL 33169-5710
Ownership since
2025
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
8 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Nov 26, 2025
$4,725,000
356 West 21st LLC
Tenet Equity Trs II LLC
Special Warranty Deed
—
Jun 24, 2025
—
Chen Dedicated Holdings LLC
Tenet Equity Trs II LLC
Deed
—
Jun 24, 2025
$3,711,100
Tenet Equity Trs II LLC
Jmcg Corporate Buildings LLC
Special Warranty Deed
—
Dec 17, 2020
$2,400,000
Jmcg Corp Buildings LLC
Prime Tamarac LLC
Warranty Deed
—
Feb 10, 2012
$2,350,000
Prime Tamarac LLC
Value Dining Of Tamarac INC
Warranty Deed
—
Mar 2, 2011
—
Value Dining Of Tamarac INC
—
Trustees Deed
related
$2,607,983 · Mercantile Commerce Bank
—
—
Value Dining Of Tamarac INC
—
Deed Of Trust
related
$2,666,400 · Mercantile Commerce Bank
—
—
Value Dining Of Tamarac INC
—
Deed Of Trust
related
$4,778,078 · Union Planters National Bank
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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