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Property profile & analytics
OFF-MARKET
Estimated value
$2,810,000
Medical Office Space
7850 University Dr, Tamarac, FL 33321-2114
Entity Owned
6-yr Hold
~
Est. High Equity
Property ID
US18-0993974
Property profile
Verified
Property type
Medical Office Space
Use group
MEDICAL BUILDING
Year built
1996
Construction
CONCRETE
Total area
4,925 SF
Lot
1.35 ac (58,600 SF)
Zoning code
MU-N
APN
49-41-03-15-0180
UPID
US18-0993974
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
$3.21M
Blend (final)
Blend
$2.81M
Owner & transaction history
Aro Tamarac LLC · 6 yrs held
Aro Tamarac LLC
since 2020
Last sale
$2.7M
6 recorded transactions
Zoning & alternative use
MU-N · Tamarac, FL
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Auto repair, garage
$4.0M
+73.9%
Neighborhood: shopping center
$3.7M
+61.5%
Commercial (general)
$2.6M
+11.2%
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
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
MEDICAL BUILDING
$2,295,000
Current use
AUTO REPAIR, GARAGE
$3,990,000
Change: +74% · Conversion: Difficult
NEIGHBORHOOD: SHOPPING CENTER
$3,705,000
Change: +61% · Conversion: Difficult
COMMERCIAL (GENERAL)
$2,550,000
Change: +11% · Conversion: Easy
RETAIL STORES
$1,870,000
Change: -19% · Conversion: Difficult
Blend value · Realmo final
$2.81M
Range $2.53M – $3.09M · ±10% · vs last sale $2.73M (May 20 2020)
Last sale anchor
$2.73M
May 20 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
$571 / 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
$48,543
Tax year 2023
Assessed value
$2,299,550
Assessed 2023
Previous assessed
$2,299,550
+0.0% YoY
Effective rate
2.11%
On assessed value
Assessed land
$703,200
Assessed improvement
$1,596,350
Land market value
$703,200
Improvement market value
$1,596,350
Total market value
$2,299,550
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
1996
Construction
CONCRETE
Heating
NONE
Cooling
YES
Stories
1
Total area
4,925 SF
Lot
1.35 ac (58,600 SF)
Zoning code
MU-N
APN
49-41-03-15-0180
UPID
US18-0993974
Jurisdiction
BROWARD
Metro division
FORT LAUDERDALE-POMPANO BEACH-DEERFIELD BEACH, FL METROPOLITAN DIVISION
Zoning & alternative use
MU-N · Tamarac, FL
Zoning MU-N · permitted uses
MU-N · 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
MEDICAL BUILDING Current
Est. value
$2.3M
AUTO REPAIR, GARAGE
Est. value
$4.0M
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$3.7M
COMMERCIAL (GENERAL)
Est. value
$2.6M
RETAIL STORES
Est. value
$1.9M
MEDICAL BUILDING Current
AUTO REPAIR, GARAGE
NEIGHBORHOOD: SHOPPING CENTER
COMMERCIAL (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
1996
Construction
CONCRETE
Heating
NONE
Cooling
Yes
Stories
1
Lot
1.35 ac
Current owner
From public records · entity-resolved
Aro Tamarac LLC
Entity
Mailing address
6321 DANIELS PKWY #200, FORT MYERS, FL 33912-4773
Ownership since
2020
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
6 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Nov 23, 2020
—
Aro Tamarac LLC
—
Deed
related
$2,047,500 · Bank Of America NA
May 20, 2020
$2,730,000
Aro Tamarac LLC
H & R Tamarac LLC
Grant Deed
—
May 30, 2018
$175,000
H & R Tamarac LLC
Hc-7850 N University Drive LLC
Grant Deed
—
Apr 7, 2015
$2,562,400
Hc-7850 North University Drive
Tamarac Radiation Associates L
Grant Deed
—
Apr 5, 2010
—
Tamarac Radiation Assocs LLC
—
Deed Of Trust
related
$88,500,000 · Nationwide Health Props INC
—
—
Aro Tamarac LLC
—
Deed Of Trust
related
$2,047,500 · Bank Of America
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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