Add Listing
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    19xx 6Th St Fort Lauderdale, FL 33311
    Property profile & analytics

    19xx 6Th St, Fort Lauderdale, FL 33311

    View on Map
    • Specialty properties
    Off-Market
    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Specialty properties

    Property Details for 19xx 6Th St

    Property type
    Specialty properties

    Description

    This exceptional 0.2-acre commercial lot, located at 19xx NW 6th Street in the up-and-coming Dorsey Park 4th Addition neighborhood of Fort Lauderdale, Florida (zip code 33311), presents a compelling investment opportunity. Priced at $89,900, this special purpose property offers significant potential for redevelopment. Situated in Broward County, the lot's strategic location provides easy access to key transportation routes and amenities within Fort Lauderdale. The property's existing zoning and permitted uses should be independently verified. Prospective buyers are encouraged to conduct their own due diligence regarding potential development plans, including but not limited to, feasibility studies, zoning regulations, and environmental assessments. This is an excellent chance to acquire a piece of land in a rapidly growing area, ideal for those seeking a high-return investment with significant upside potential. The property's coordinates are 26.1290593 latitude and -80.1716674 longitude. Serious inquiries only. All information provided is deemed reliable but not guaranteed and should be independently verified.

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Fort Lauderdale
    County
    Broward
    State
    Florida
    Longitude
    -80.1717
    Latitude
    26.1291

    Comparable in this City

    • Value Estimation by Request

      114 25Th St

      Specialty properties
      114 25Th St, Fort Lauderdale, FL 33311
      View Details
    • Value Estimation by Request

      1640 Oakland Park Blvd

      Specialty properties
      1640 Oakland Park Blvd, Oakland Park, FL 33311
      View Details
    • Value Estimation by Request
      78,606 SF

      1909 9Th Ave

      Neighborhood centers
      1909 9Th Ave, Fort Lauderdale, FL 33311
      View Details
    • Value Estimation
      $800,000
      8,695 SF

      2200 Oakland Park Blvd, Unit 2210

      VETERINARY, ANIMAL HOSPITAL
      2200 Oakland Park Blvd, Oakland Park, FL 33311-1526
      View Details
    • Value Estimation by Request
      3,488 SF

      626 10Th Ter

      Specialty properties
      626 10Th Ter, Fort Lauderdale, FL 33311
      View Details
    • Value Estimation
      $610,000
      7,150 SF

      1 33rd Ter

      PROFESSIONAL CLUBS/ASSOCIATIONS
      1 33rd Ter, Lauderhill, FL 33311-8460
      View Details

    Similar Nearby for Sale

    • $640,000

      Fort Lauderdale Commercial Property For Sale

      Commercial property in Fort Lauderdale with high walk and bike scores.
      715 NW 15Th Ter, Fort Lauderdale, FL 33311
      View Details
    • $2,500,000

      Fort Lauderdale Commercial Property For Sale

      Commercial property available for purchase in Fort Lauderdale, Florida.
      2525 NW 6Th St, Fort Lauderdale, FL 33311
      View Details
    • $500,000

      Profitable Duplex Near Wilton Manors

      Fully rented duplex near Wilton Manors with immediate cash flow.
      1515 NW 2Nd Ave, Fort Lauderdale, FL 33311
      View Details
    • Contact for pricing

      Versatile Flex Space in Lauderhill

      Professionally maintained commercial property with flexible spaces for various uses.
      3500 NW 15Th St, Lauderhill, FL 33311
      View Details
    • $7,000,000
      32,360 SF

      Lauderhill Commercial NNN Property

      Single tenant NNN property in Lauderhill, Florida.
      3698 NW 15Th St, Lauderhill, FL 33311
      View Details

    Similar Nearby for Lease

    • $15 SF/Yr
      239,348 SF

      Fort Lauderdale Specialty Property

      Fort Lauderdale property for lease with dock high and grade level.
      1919 NW 19Th St, Fort Lauderdale, FL 33311
      View Details
    • $4,200 /Mo

      Commercial Space for Rent

      Commercial space available for rent in Fort Lauderdale, Florida.
      711 NW 6Th Ave, Fort Lauderdale, FL 33311
      View Details
    • Contact for pricing
      16,470 SF

      Community Building with Ample Parking

      Versatile building suitable for fitness, school, or community organization.
      1717 N Andrews Ave, Fort Lauderdale, FL 33311
      View Details
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    19xx 6Th St
    Fort Lauderdale, FL 33311
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Thank You for Inquiry
    19xx 6Th St, Fort Lauderdale, FL, 33311
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!