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Property profile & analytics
OFF-MARKET
Estimated value
$6,815,000
Office buildings
7421-7497 4th St Plantation, FL 33317
Entity Owned
~
Est. High Equity
Property ID
US18-3159088
Property summary
AI-generated overview
This single-story, 26,500 square foot office building, located at 7421-7497 NW 4th St, Plantation, FL 33317, presents a compelling value-add investment opportunity. Built in 1975 and renovated in 2018, the property boasts a 96% occupancy rate with 23 tenants primarily in medical, legal, and financial services. The building features ample parking and a diverse, stable rent roll with staggered lease expirations, ensuring consistent cash flow. Currently priced at $5,915,000 ($223.21/sq ft), this represents a significant discount compared to replacement cost. The property sits on a 2.01-acre lot and is zoned B-4P, Plantation. The building's strong net operating income (NOI) of $414,000 yields an attractive 7.00% capitalization rate. The property is a Class C building and is offered as a cash-flowing investment. A new roof was installed in May 2018. This is an excellent opportunity for investors seeking a stable, high-return investment in a desirable location. The property is owned by an LLC.
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Year built
1973
Construction
CONCRETE
Total area
28,804 SF
Lot
2.1 ac (91,368 SF)
Zoning code
B-4P
APN
50-41-03-37-0010
UPID
US18-3159088
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
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$8.77M
Blend (final)
Blend
$6.82M
Owner & transaction history
Sucorp LLC
Sucorp LLC
since 2025
4 recorded transactions
Zoning & alternative use
B-4P · 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
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
RETAIL STORES
$10,930,000
Change: -9% · Conversion: Moderate
Blend value · Realmo final
$6.82M
Range $6.13M – $7.50M · ±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
$237 / 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
$75,061
Tax year 2023
Assessed value
$3,596,040
Assessed 2023
Previous assessed
$3,596,040
+0.0% YoY
Effective rate
2.09%
On assessed value
Assessed land
$730,940
Assessed improvement
$2,865,100
Land market value
$730,940
Improvement market value
$2,865,100
Total market value
$3,596,040
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
Office buildings
Use group
OFFICE BUILDING
Status
Off-Market
Year built
1973
Construction
CONCRETE
Heating
NONE
Cooling
YES
Stories
1
Bathrooms
4
Total area
28,804 SF
Lot
2.1 ac (91,368 SF)
Zoning code
B-4P
APN
50-41-03-37-0010
UPID
US18-3159088
Jurisdiction
BROWARD
Metro division
FORT LAUDERDALE-POMPANO BEACH-DEERFIELD BEACH, FL METROPOLITAN DIVISION
Zoning & alternative use
B-4P · Plantation, FLZoning B-4P · permitted uses
B-4P · Plantation, FL
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Alternative use value scenarios
Repositioning upside vs current use
RETAIL STORES
Est. value
$10.9M
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
1973
Construction
CONCRETE
Heating
NONE
Cooling
Yes
Stories
1
Bathrooms
4
Lot
2.1 ac
Current owner
From public records · entity-resolved
Sucorp LLC
Entity
Mailing address
10640 GRIFFIN RD STE #102, DAVIE, FL 33328-3214
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
4 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Aug 5, 2025
$5,665,000
Sucorp LLC
Nw 4th Street Partners LLC
Special Warranty Deed
$2,800,000 · International Finance Bank
May 14, 2018
$3,475,000
Nw 4th Street Partners LLC
Sabal Palm LLC
Grant Deed
$2,650,000 · Cantor Com'l R/e Lndg
Feb 4, 2004
$2,475,000
Kornfields INC
—
Grant Deed
related
—
—
—
Sabal Palm LLC
—
Deed Of Trust
related
$1,000,000 · Washington Mutual Fsb
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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