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Property profile & analytics
OFF-MARKET
Estimated value
$845,000
Office buildings
840 State Rd 7th 7 Plantation, FL 33317-4551
Entity Owned
1-yr Hold
Free & Clear
Property ID
US18-1361440
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Year built
1956
Construction
CONCRETE
Total area
2,054 SF
Lot
0.19 ac (8,089 SF)
Zoning code
B-PO
APN
50-42-07-07-0930
UPID
US18-1361440
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
$970k
Comparable Approach
Comparable
$1.08M
Blend (final)
Blend
$845k
Owner & transaction history
Navarro & Sons Investment LLC · 1 yrs held
Navarro & Sons Investment LLC
since 2024
Last sale
$780,000
4 recorded transactions
Zoning & alternative use
B-PO · Plantation, FL
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Commercial (general)
$1.1M
+24.1%
Medical building
$955,000
+11.7%
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%
$1,050,000
6.5%
$970,000
7%
$900,000
Alternative Use
Use
Estimation
OFFICE BUILDING
$855,000
Current use
COMMERCIAL (GENERAL)
$1,065,000
Change: +24% · Conversion: Easy
MEDICAL BUILDING
$955,000
Change: +12% · Conversion: Easy
RETAIL STORES
$780,000
Change: -9% · Conversion: Moderate
WAREHOUSE, STORAGE
$715,000
Change: -17% · Conversion: Difficult
Blend value · Realmo final
$845k
Range $761k – $930k · ±10% · vs last sale $780k (May 13 2024)
Last sale anchor
$780k
May 13 2024
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
$411 / 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
$11,480
Tax year 2023
Assessed value
$557,370
Assessed 2023
Previous assessed
$557,370
+0.0% YoY
Effective rate
2.06%
On assessed value
Assessed land
$64,710
Assessed improvement
$492,660
Land market value
$64,710
Improvement market value
$492,660
Total market value
$557,370
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
1956
Construction
CONCRETE
Heating
NONE
Cooling
YES
Stories
1
Total area
2,054 SF
Lot
0.19 ac (8,089 SF)
Zoning code
B-PO
APN
50-42-07-07-0930
UPID
US18-1361440
Jurisdiction
BROWARD
Metro division
FORT LAUDERDALE-POMPANO BEACH-DEERFIELD BEACH, FL METROPOLITAN DIVISION
Zoning & alternative use
B-PO · Plantation, FL
Zoning B-PO · permitted uses
B-PO · Plantation, FL
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Plantation. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
OFFICE BUILDING Current
Est. value
$855,000
COMMERCIAL (GENERAL)
Est. value
$1.1M
MEDICAL BUILDING
Est. value
$955,000
RETAIL STORES
Est. value
$780,000
WAREHOUSE, STORAGE
Est. value
$715,000
OFFICE BUILDING Current
COMMERCIAL (GENERAL)
MEDICAL BUILDING
RETAIL STORES
WAREHOUSE, STORAGE
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
1956
Construction
CONCRETE
Heating
NONE
Cooling
Yes
Stories
1
Lot
0.19 ac
Current owner
From public records · entity-resolved
Navarro & Sons Investment LLC
Entity
Free & Clear · 1 yrs held
Mailing address
840 S STATE RD 7TH TRL, PLANTATION, FL 33317-4551
Ownership since
2024
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 13, 2024
$780,000
Navarro & Sons Investment LLC
Chloe Property Management LLC
Warranty Deed
—
Apr 11, 2018
$387,500
Chloe Property Management LLC
Ebanks,peter & Jean
Warranty Deed
—
Dec 20, 2005
$40,000
Peter Ebanks
Ebanks,peter
Quit Claim Deed
related
—
—
—
Fritz Metellus
—
Deed Of Trust
related
$50,000 · American Bankers Insurance
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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