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Property profile & analytics
OFF-MARKET
Estimated value
$69,690,000
Commercial land
Sunrise Blvd Sunrise, FL 33323
Entity Owned
6-yr Hold
~
Est. High Equity
Property ID
US18-5564816
Property profile
Verified
Property type
Commercial land
Use group
VACANT COMMERCIAL LAND
Year built
1997
Total area
619,456 SF
Lot
31.86 ac (1,387,878 SF)
Zoning code
PDD
APN
49-40-34-02-0011
UPID
US18-5564816
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
$56.44M
Blend (final)
Blend
$69.69M
Owner & transaction history
Ruby Centre Associates LLC · 6 yrs held
Ruby Centre Associates LLC
since 2019
3 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
$69.69M
Range $62.72M – $76.66M · ±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
$113 / 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
$637,518
Tax year 2023
Assessed value
$30,614,450
Assessed 2023
Previous assessed
$30,614,450
+0.0% YoY
Effective rate
2.08%
On assessed value
Assessed land
$30,429,190
Assessed improvement
$185,260
Land market value
$30,429,190
Improvement market value
$185,260
Total market value
$30,614,450
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
1997
Heating
NONE
Cooling
YES
Bathrooms
8
Total area
619,456 SF
Lot
31.86 ac (1,387,878 SF)
Zoning code
PDD
APN
49-40-34-02-0011
UPID
US18-5564816
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
1997
Heating
NONE
Cooling
Yes
Bathrooms
8
Lot
31.86 ac
Current owner
From public records · entity-resolved
Ruby Centre Associates LLC
Entity
Mailing address
1600 SAWGRASS CORPORATE PKWY STE #400, SUNRISE, FL 33323-2890
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
3 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Oct 15, 2019
$34,000,000
Ruby Centre Associates LLC
Sawgrass Tech Land Associates Ltd
Special Warranty Deed
$13,600,000 · City National Bank Of Florida
Dec 2, 2005
$15,600,000
Sawgrass Tech Land Assocs Ltd
Acp Office II LLC
Grant Deed
—
Mar 4, 2002
$28,388,500
Acp Office I LLC
—
Grant Deed
related
—
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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