Back to Search
Property profile & analytics
OFF-MARKET
Estimated value
$28,245,000
Commercial land
8894 44th St Sunrise, FL 33351-5308
Entity Owned
7-yr Hold
Free & Clear
Property ID
US18-2567557
Property profile
Verified
Property type
Commercial land
Use group
VACANT COMMERCIAL LAND
Year built
1986
Construction
CONCRETE
Total area
195,611 SF
Lot
15.3 ac (666,403 SF)
Zoning code
PDD
APN
49-41-20-33-0040
UPID
US18-2567557
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
$17.82M
Blend (final)
Blend
$28.25M
Owner & transaction history
Pine Park Apartments LLC · 7 yrs held
Pine Park Apartments LLC
since 2019
5 recorded transactions
Zoning & alternative use
PDD · Sunrise, FL
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description
To promote and regulate the planned development of large projects, by allowing greater freedom of design
Zone name
Planned Development District
General category
PLANNED_DEVELOPMENT
Zone area
124.78 ac
Source
Realmo
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 Sunrise submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Sunrise 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
Blend value · Realmo final
$28.25M
Range $25.42M – $31.07M · ±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
$144 / 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
$134,706
Tax year 2023
Assessed value
$9,045,870
Assessed 2023
Previous assessed
$8,443,240
+7.1% YoY
Effective rate
1.49%
On assessed value
Assessed land
$9,045,870
Land market value
$9,045,870
Total market value
$9,045,870
Applied tax rate
2,112.0000
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
Commercial land
Use group
VACANT COMMERCIAL LAND
Status
Off-Market
Year built
1986
Construction
CONCRETE
Heating
NONE
Cooling
YES
Stories
1
Total area
195,611 SF
Lot
15.3 ac (666,403 SF)
Zoning code
PDD
APN
49-41-20-33-0040
UPID
US18-2567557
Jurisdiction
BROWARD
Metro division
FORT LAUDERDALE-POMPANO BEACH-DEERFIELD BEACH, FL METROPOLITAN DIVISION
Zoning & alternative use
PDD · Sunrise, FLZoning PDD · permitted uses
PDD · Sunrise, FL
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Zoning description
To promote and regulate the planned development of large projects, by allowing greater freedom of design
Zone name
Planned Development District
General category
PLANNED_DEVELOPMENT
Zone area
124.78 ac
Source
Realmo
Building & site characteristics
From public records
Year built
1986
Construction
CONCRETE
Heating
NONE
Cooling
Yes
Stories
1
Lot
15.3 ac
Current owner
From public records · entity-resolved
Pine Park Apartments LLC
Entity
Free & Clear · 7 yrs held
Mailing address
1200 BRICKELL AVE STE #1200, MIAMI, FL 33131-3158
Ownership since
2019
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
Jan 15, 2019
$10,368,000
Pine Park Apartments LLC
Pine Plaza Holdings LLC
Grant Deed
related
—
Sep 23, 2010
—
Pine Plaza Holdings LLC
Scp-capri Pine Plz Owner Coc
Quit Claim Deed
related
—
Aug 2, 2007
$23,980,000
Scp-capri Pine Plaza Owner LLC
Pine Plaza Of Sunrise INC
Grant Deed
related
—
—
—
Pine Plaza Holdings LLC
—
Loan Modification
related
$5,800,000 · Regions Bk
—
—
Pine Plaza Holdings LLC
—
Deed Of Trust
related
$6,200,000 · Wells Fargo Bk
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 8894 44th St?
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.
