New search
Property profile & analytics
OFF-MARKET
Estimated value
$11,735,000
Outlet malls
8550 Stirling Rd 8580 Hollywood, FL 33024-8212
Entity Owned
8-yr Hold
Free & Clear
Property ID
US18-7652133
Property profile
Verified
Property type
Outlet malls
Use group
WHOLESALE OUTLET, DISCOUNT STORE
Year built
2016
Construction
CONCRETE
Total area
38,986 SF
Lot
9.9 ac (431,059 SF)
Zoning code
B-2
APN
51-41-04-04-0010
UPID
US18-7652133
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
-
Walmart Home Services Social Service Agency
-
Walmart Pharmacy Pharmacy
-
Walmart Neighborhood Market Grocery & Convenience Store Food Market
-
KeyMe Locksmiths Locksmith (Bike/Boat/Book/etc) Store
-
Walmart Bakery Bakery Specialty Food Shop
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$8.35M
Comparable Approach
Comparable
$10.55M
Blend (final)
Blend
$11.74M
Owner & transaction history
Davie Associates LLC · 8 yrs held
Davie Associates LLC
since 2017
5 recorded transactions
Zoning & alternative use
B-2 · Hollywood, 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 Hollywood submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Hollywood 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%
$9,040,000
6.5%
$8,345,000
7%
$7,745,000
Alternative Use
Use
Estimation
COMMERCIAL (GENERAL)
$18,140,000
Change: -12% · Conversion: Easy
INDUSTRIAL (GENERAL)
$17,915,000
Change: -13% · Conversion: Difficult
Blend value · Realmo final
$11.74M
Range $10.56M – $12.91M · ±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
$301 / 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
$331,763
Tax year 2023
Assessed value
$15,176,530
Assessed 2023
Previous assessed
$14,102,450
+7.6% YoY
Effective rate
2.19%
On assessed value
Assessed land
$4,917,810
Assessed improvement
$10,258,720
Land market value
$4,917,810
Improvement market value
$10,258,720
Total market value
$15,176,530
Applied tax rate
2,413.0000
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
Outlet malls
Use group
WHOLESALE OUTLET, DISCOUNT STORE
Status
Off-Market
Year built
2016
Construction
CONCRETE
Heating
NONE
Buildings
4
Stories
1
Total area
38,986 SF
Lot
9.9 ac (431,059 SF)
Zoning code
B-2
APN
51-41-04-04-0010
UPID
US18-7652133
Jurisdiction
BROWARD
Metro division
FORT LAUDERDALE-POMPANO BEACH-DEERFIELD BEACH, FL METROPOLITAN DIVISION
Zoning & alternative use
B-2 · Hollywood, FL
Zoning B-2 · permitted uses
B-2 · Hollywood, FL
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Hollywood. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
COMMERCIAL (GENERAL)
Est. value
$18.1M
INDUSTRIAL (GENERAL)
Est. value
$17.9M
COMMERCIAL (GENERAL)
INDUSTRIAL (GENERAL)
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
2016
Construction
CONCRETE
Heating
NONE
Stories
1
Buildings
4
Lot
9.9 ac
Current owner
From public records · entity-resolved
Davie Associates LLC
Entity
Free & Clear · 8 yrs held
Mailing address
40 E 69TH ST, NEW YORK, NY 10021-5016
Ownership since
2017
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
5 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Dec 21, 2017
—
Davie Associates LLC
—
Deed
related
$12,000,000 · Miscellaneous Ins Co
Oct 6, 2017
$18,165,400
Davie Associates LLC
Gdc Davie LLC
Grant Deed
related
—
Jun 26, 2015
$7,200,000
Gdc Davie LLC
Spear Rachael J Trust
Grant Deed
$13,265,000 · City Nat'l Bk/fl
Aug 25, 2014
—
Broward Cnty
Varat Cynthia Trust
Grant Deed
—
—
—
Davie Associates LLC
—
Deed Of Trust
related
$12,000,000 · Miscellaneous Ins Co
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 8550 Stirling Rd, Unit 8580?
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.
