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Property profile & analytics
OFF-MARKET
Estimated value
$2,995,000
Commercial land
Powerline Rd Oakland Park, FL 33309
Entity Owned
4-yr Hold
Free & Clear
Property ID
US18-2644685
Property profile
Verified
Property type
Commercial land
Use group
VACANT COMMERCIAL LAND
Lot
0.23 ac (9,915 SF)
Zoning code
PRZD
APN
49-42-21-20-0130
UPID
US18-2644685
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
$2.93M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$3.00M
Owner & transaction history
Brickbox West Op Development LLC · 4 yrs held
Brickbox West Op Development LLC
since 2022
Last sale
$3.0M
4 recorded transactions
Zoning & alternative use
PRZD · Oakland Park, FL
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description
It is the intent of the City Commission to create a Mixed Use District for the purpose of encouraging mixed use redevelopment opportunities for existing and new property owners in the area identified as the Powerline Road Zoning District. The city commission does intend that the Powerline Road Zoning District is to provide a compatibility enhancement to the…
Zone name
Powerline Road Zoning District
General category
MIXED_USE
Zone area
25.91 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 Oakland Park submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Oakland Park 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
$3,000,000
ML approach
$2,930,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$3.00M
Range $2.70M – $3.29M · ±10% · vs last sale $2.99M (Apr 18 2022)
Last sale anchor
$2.99M
Apr 18 2022
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
—
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
$4,521
Tax year 2023
Assessed value
$198,300
Assessed 2023
Previous assessed
$178,470
+11.1% YoY
Effective rate
2.28%
On assessed value
Assessed land
$198,300
Land market value
$198,300
Total market value
$198,300
Applied tax rate
1,712.0000
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
Heating
NONE
Lot
0.23 ac (9,915 SF)
Zoning code
PRZD
APN
49-42-21-20-0130
UPID
US18-2644685
Jurisdiction
BROWARD
Metro division
FORT LAUDERDALE-POMPANO BEACH-DEERFIELD BEACH, FL METROPOLITAN DIVISION
Zoning & alternative use
PRZD · Oakland Park, FLZoning PRZD · permitted uses
PRZD · Oakland Park, FL
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Zoning description
It is the intent of the City Commission to create a Mixed Use District for the purpose of encouraging mixed use redevelopment opportunities for existing and new property owners in the area identified as the Powerline Road Zoning District. The city commission does intend that the Powerline Road Zoning District is to provide a compatibility enhancement to the present B-1, B-2 and B-3 zoning. A property owner who proposes a redevelopment plan can utilize the Powerline Road Zoning District as a means of achieving mixed use flexibility not currently allowable in the B-1, B-2 and B-3 zoning classification of the City of Oakland Park's Land Development Code of Ordinances. It is the express intent of the city commission that the Powerline Road Zoning District shall augment the properties located within it, offering a number of redevelopment opportunities along the corridor of Powerline Road.
Zone name
Powerline Road Zoning District
General category
MIXED_USE
Zone area
25.91 ac
Source
Realmo
Building & site characteristics
From public records
Heating
NONE
Lot
0.23 ac
Current owner
From public records · entity-resolved
Brickbox West Op Development LLC
Entity
Free & Clear · 4 yrs held
Mailing address
3101 N FEDERAL HWY, OAKLAND PARK, FL 33306-1018
Ownership since
2022
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
May 30, 2024
—
Brickbox West Op Development LLC
—
Deed
related
$2,100,000 · Members 1st FCU
Apr 18, 2022
$2,990,000
Brickbox West Op Development LLC
Spih Oakland Park LLC
Warranty Deed
—
Jul 24, 2008
$3,103,700
Spih Oakland Park LLC
Lovell INC
Grant Deed
$7,538,000 · Bank Of America
Dec 22, 2004
$80,000
Lovell 36 INC
Sarvis Dotaileen O Trust
Warranty Deed
$78,000 · J D & Magdalene I Sarvis
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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