945 Sunrise Blvd 951 Fort Lauderdale, FL 33311-7130
Retail space
Google Maps
Entity Owned
4-yr Hold
~
Est. High Equity
No photos on file
For Lease
Contact for pricing
945 Sunrise Blvd,Unit 951, Fort Lauderdale, FL 33311-7130
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Estimated value (blended)
$2.88M
Range $2.59M – $3.17M (±10%)
Implied cap rate
9.90%
In-place · NOI ÷ last sale
Property ID
US18-8832314
Property profile
Verified
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Year built
1952
Construction
CONCRETE
Total area
16,034 SF
Lot
1.59 ac (69,302 SF)
Zoning code
B-1
APN
49-42-33-21-0020
UPID
US18-8832314
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
-
Computer & Electronic Repair Tech Support Center
-
Big Box & Wholesale Store
-
Discount Store (Bike/Boat/Book/etc) Store
-
Bank Credit Union
-
Atm Currency Exchange Service
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$3.08M
CAP Approach
CAP
$4.40M
Comparable Approach
Comparable
$4.08M
Blend (final)
Blend
$2.88M
Owner & transaction history
since 2022
Last sale
$3.4M
2 recorded transactions
Zoning & alternative use
B-1 · Fort Lauderdale, FL
Zoning description
ize - Frontage Length - Living Units - Lot Type Block Corner Flag Internal Locked Multiple Through ZONING fake-general-subgroup Zoning Districts ABA - A-1A Beachfront Area District AIP - Airport Industrial Park District…
General category
COMMERCIAL
Top alternative use upside
Commercial (general)
$4.3M
+6.5%
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
Value estimation
Instant AI valuation built from comps, income signals, and proprietary benchmarks. A defensible range, not a single guess.
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Unlock the complete Valuation workflow
Full NOI reconstruction, selected comps, alternative-use scenarios, data audit and PDF export.
All 17 comparables with addresses
3 alternative uses screened
Sensitivity value band
Source audit · 10 inputs
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Summary
1
Valuation conclusion
Included free
Estimated market value
$2.88M
Value range
$2.59M – $3.17M
±10% around blend
Estimated value / SF
$180 / SF
Confidence
High
17 county-verified comps
Property data
88
Market benchmarks
100
Comparable evidence
100
$2.59M
blend $2.88M
$3.17M
Market-derived valuation under stabilized market assumptions. Desktop analysis. No physical inspection performed.
2
Subject property
Included free
GBA
16,034 SF
Lot area
1.59 ac
Year built
1952
Stories
1
APN
49-42-33-21-0020
Assessed value
$2,803,460
Annual tax
$62,784
3
Income approach: direct capitalization
Partial preview
Income approach indication
$4.40M
Direct capitalization · @ 6.5% CAP return
@ 6% CAP return
$4.76M
@ 6.5% CAP return
$4.40M
@ 7% CAP return
$4.08M
4
Sales comparison
Partial preview
Sales approach indication
$4.70M
Weighted, 17 comps · high confidence
Evidence
17 found · 6 selected
County-verified recorded sales
Comparable
Sale dateSale price$ / SF
4.8 mi away · 14,348 SF
7.0 mi away · 20,189 SF
9.8 mi away · 16,212 SF
10.0 mi away · 16,874 SF
10.3 mi away · 19,123 SF
5
Sensitivity & risk
Partial preview
Downside
−10%
Base
$2.88M
Upside
+10%
Bounds of the ±10% band vs the blend — never simulated scenarios.
6
Current market position
Included free
Benchmark
Observed band ($/SF)AverageSubject delta
ZIP 32 sales
$251
-29%
Submarket 291 sales
$379
-53%
County 589 sales
$350
-49%
Band = middle half (Q1–Q3) of recorded sale $/SF for this use type per geography; the diamond marks the subject at $180/SF. Delta below average reads as headroom. Source: Realmo CRE sales derivatives (county records).
7
Alternative use screening
Partial preview
Top alternative use
Commercial (general)
Gross theoretical uplift
+7%
vs current-use indication
Retail Stores · current use
Office Building
Values shown before conversion costs, entitlement costs, capital expenditures and stabilization risk.
8
Data & methodology
Included free
Building area
County record
Property tax
County record
Assessed value
County record
Zoning designation
Not available
Operating expenses
Not available
Market rent
Not available
Actual rent roll
Not available
Tenant leases
Not available
Physical condition
Not inspected
Conversion costs
Not available
Not analyzed due to unavailable source data: tenant leases, physical condition and capital
requirements were not available for this desktop analysis. Cost Approach excluded due to
availability of income evidence.
Automated valuation analysis, not a licensed appraisal. Figures are derived from public
records and proprietary models. Desktop analysis: no physical inspection, tenant leases or reported
property income. Verify with a licensed appraiser before transacting.
Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
17% off on annual
Unlock the complete Cap Rate workflow
Full market tables, editable assumptions, comparable evidence, saved work and exports.
9-scenario matrix
Comparable evidence · 17 sales
Market rates by use type
PDF export
Analytics Standard · 5 reports
from $99/month
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Overview
Implied cap rate
9.90%
Implied, in-place cap rate for this retail space
Estimated NOI ÷ last recorded sale. Refine with your own numbers in the full report.
Lower yield / higher price
Higher yield / lower price
5.0%
This property · 9.90%
9.0%
NOI (est.)
$238k *
Last sale · Jul 2022
$3.40M
* derived from a real price signal at a 7% cap
Price sensitivity
The rate is the decision lever; valuation is the consequence.
Test a cap rate
Implied value$2.40M
Move the market yield to see immediate price impact.
Value / SF
$150
Vs. selected
Base
Derivation
NOI ÷ cap
Arithmetic over the derived NOI * — not market scenario modeling.
NOI × cap matrix
Preview
Preview of 9 modeled outcomes.
NOI
9.40%9.90%10.40%
$214k
$2.28M
$2.16M
$2.06M
$238k
$2.53M
$2.40M
$2.29M
$262k
$2.79M
$2.64M
$2.52M
NOI sensitivity ±10% across the selected-rate band (±0.5 pp) — derivation of the NOI above.
Comparable evidence
Partial preview
Recorded sales nearby
17 found
High confidence · county-verified
Closest comparable
$3.18M
0.6 mi · Sep 2025 · $218/SF
Property tax & assessments
Tax year 2023Property tax & assessments
Tax year 2023
Tax billed
$62,784
Tax year 2023
Assessed value
$2,803,460
Assessed 2023
Previous assessed
$1,890,180
+48.3% YoY
Effective rate
2.24%
On assessed value
Assessed land
$762,320
Assessed improvement
$2,041,140
Land market value
$762,320
Improvement market value
$2,041,140
Total market value
$2,803,460
Applied tax rate
312.0000
Automated cap rate analysis. Based on public records, market benchmarks and proprietary
models. Verify with a licensed professional before transacting.
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Status
For Lease
Year built
1952
Construction
CONCRETE
Heating
NONE
Cooling
CENTRAL
Stories
1
Total area
16,034 SF
Lot
1.59 ac (69,302 SF)
Zoning code
B-1
APN
49-42-33-21-0020
UPID
US18-8832314
Jurisdiction
BROWARD
Metro division
FORT LAUDERDALE-POMPANO BEACH-DEERFIELD BEACH, FL METROPOLITAN DIVISION
Zoning & alternative use
B-1 · Fort Lauderdale, FLZoning B-1 · permitted uses
B-1 · Fort Lauderdale, FL
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Zoning description
ize - Frontage Length - Living Units - Lot Type Block Corner Flag Internal Locked Multiple Through ZONING fake-general-subgroup Zoning Districts ABA - A-1A Beachfront Area District AIP - Airport Industrial Park District…
General category
COMMERCIAL
Alternative use value scenarios
Repositioning upside vs current use
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Building & site characteristics
From public records
Year built
1952
Construction
CONCRETE
Heating
NONE
Cooling
Yes
Stories
1
Lot
1.59 ac
Zoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
Zoning designation
Matched to the official district catalog
B-1
COMMERCIAL
Jurisdiction
Fort Lauderdale, FL
Recorded code
B-1
Official district
B-1
Zoning Insight
What can be built and operated here — officially.
The district profile from the municipal source: what is on file for B-1 in Fort Lauderdale, FL.
What opens after registration
Zoning profile
Official descriptionThe district text from the municipal code
District factsZone name, category and district area
2 official documentsVerified municipal sources with file download
Match provenanceAssignment basis, match tier and confidence
Private report access
See the official zoning profile for this address.
Registration is required before the official district profile is shown.
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Ownership Intelligence
Find the owner behind the property.
Unlock the evidence behind ownership: portfolio, transactions, debt and signals that help you decide who to contact next.
What opens after registration
Ownership report
Owner identityResolved entity and name variants
Portfolio holdingsLinked properties and estimated value
Deal signalsSell-side activity worth following
Debt & historyRecorded loans and transaction history
Private report access
See the ownership record for this address.
Registration is required before any owner information is shown.
One complete report on every paid plan · 5 · 30 · 100 reports per month.
Owner of record and activity signals are derived from public records and modeled classifications.
They do not confirm beneficial ownership or intent to transact.
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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