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Property profile & analytics
OFF-MARKET
Estimated value
$300,000
Golf courses & driving ranges
Wedgewood Dr Tamarac, FL 33321
Entity Owned
14-yr Hold
Free & Clear
Property ID
US18-7317986
Property profile
Verified
Property type
Golf courses & driving ranges
Use group
GOLF COURSE
Year built
2007
Lot
76.29 ac (3,323,337 SF)
Zoning code
RC
APN
49-41-08-01-0010
UPID
US18-7317986
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
$300k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$300k
Owner & transaction history
City Of Tamarac · 14 yrs held
City Of Tamarac
since 2011
6 recorded transactions
Zoning & alternative use
RC · Tamarac, FL
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description
This district is intended to provide for active and passive recreational activities. Such activities are normally and primarily conducted in the open air, while related accessory uses may be in the open air or in a building or structure
Zone name
Recreation
General category
OPEN_SPACE
Zone area
1,545.07 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 Tamarac submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Tamarac 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
$300,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$300k
Range $270k – $330k · ±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
—
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
Assessed value
$901,160
Assessed 2023
Previous assessed
$901,160
+0.0% YoY
Assessed land
$897,250
Assessed improvement
$3,910
Land market value
$897,250
Improvement market value
$3,910
Total market value
$901,160
Applied tax rate
3,112.0000
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
Golf courses & driving ranges
Use group
GOLF COURSE
Status
Off-Market
Year built
2007
Heating
NONE
Lot
76.29 ac (3,323,337 SF)
Zoning code
RC
APN
49-41-08-01-0010
UPID
US18-7317986
Jurisdiction
BROWARD
Metro division
FORT LAUDERDALE-POMPANO BEACH-DEERFIELD BEACH, FL METROPOLITAN DIVISION
Zoning & alternative use
RC · Tamarac, FLZoning RC · permitted uses
RC · Tamarac, FL
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Zoning description
This district is intended to provide for active and passive recreational activities. Such activities are normally and primarily conducted in the open air, while related accessory uses may be in the open air or in a building or structure
Zone name
Recreation
General category
OPEN_SPACE
Zone area
1,545.07 ac
Source
Realmo
Building & site characteristics
From public records
Year built
2007
Heating
NONE
Lot
76.29 ac
Current owner
From public records · entity-resolved
City Of Tamarac
Entity
Free & Clear · 14 yrs held
Mailing address
7525 NW 88TH AVE, TAMARAC, FL 33321-2401
Ownership since
2011
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
6 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Dec 28, 2011
$3,000,000
City Of Tamarac
Edward Rack Corp
Warranty Deed
—
Sep 30, 2009
—
Edward Rack Corp
—
Deed Of Trust
related
$3,743,800 · Regions Bank
Oct 27, 2008
—
Edward Rack Corp
—
Trustees Deed
related
$3,760,000 · Regions Bank
—
—
Edward Rack Corp
—
Deed Of Trust
related
$200,000 · Regions Bank
—
—
Edward Rack Corp
—
Deed Of Trust
related
$500,000 · Regions Bank
—
—
Edward Rack Corp
—
Deed Of Trust
related
$200,000 · Regions Bank
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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