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Property profile & analytics
OFF-MARKET
Estimated value
$3,595,000
Distribution centers
108 12th Ave 110 Dania Beach, FL 33004-3570
Entity Owned
10-yr Hold
Absentee Owner
Free & Clear
Property ID
US18-2467158
Property summary
AI-generated overview
This exceptional 8,057 square foot warehouse space is part of the Dania Industrial Center, a 30,000 square foot Class B industrial property located in Dania Beach, Florida. Built in 2002, this multi-tenant building offers a prime location less than a mile east of I-95 and within three minutes of Fort Lauderdale Hollywood International Airport and Port Everglades, providing unparalleled access to major transportation arteries. The warehouse features desirable specifications including 24-foot ceilings, three-phase electrical service, and each unit boasts at least one loading dock and one grade-level overhead door. The property is zoned for industrial and manufacturing uses, making it suitable for a variety of businesses. The entire Dania Industrial Center is securely enclosed within a private fence, ensuring a safe and controlled environment. This 8,057 square foot space presents a fantastic opportunity for businesses seeking efficient and strategically located warehouse space in the thriving South Broward submarket of Broward County (33004). The property's proximity to major transportation hubs and its modern amenities make it an ideal choice for distribution, manufacturing, or warehousing operations. Contact us today to learn more about this exceptional opportunity.
Property profile
Verified
Property type
Distribution centers
Use group
DISTRIBUTION WAREHOUSE
Year built
2002
Construction
CONCRETE
Total area
30,000 SF
Lot
2.16 ac (94,249 SF)
Zoning code
I-G
APN
50-42-34-58-0010
UPID
US18-2467158
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
$2.32M
Blend (final)
Blend
$3.60M
Owner & transaction history
Dania Industrial Center LLC · 10 yrs held
Dania Industrial Center LLC
since 2015
4 recorded transactions
Zoning & alternative use
I-G · Dania Beach, FL
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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 Dania Beach submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Dania Beach 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
$3.60M
Range $3.24M – $3.95M · ±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
$120 / 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
$76,954
Tax year 2023
Assessed value
$3,677,000
Assessed 2023
Previous assessed
$3,287,600
+11.8% YoY
Effective rate
2.09%
On assessed value
Assessed land
$753,980
Assessed improvement
$2,923,020
Land market value
$753,980
Improvement market value
$2,923,020
Total market value
$3,677,000
Applied tax rate
413.0000
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
Distribution centers
Use group
DISTRIBUTION WAREHOUSE
Status
Off-Market
Year built
2002
Construction
CONCRETE
Heating
NONE
Stories
1
Total area
30,000 SF
Lot
2.16 ac (94,249 SF)
Zoning code
I-G
APN
50-42-34-58-0010
UPID
US18-2467158
Jurisdiction
BROWARD
Metro division
FORT LAUDERDALE-POMPANO BEACH-DEERFIELD BEACH, FL METROPOLITAN DIVISION
Zoning & alternative use
I-G · Dania Beach, FL
Zoning I-G · permitted uses
I-G · Dania Beach, FL
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Dania Beach. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
2002
Construction
CONCRETE
Heating
NONE
Stories
1
Lot
2.16 ac
Current owner
From public records · entity-resolved
Dania Industrial Center LLC
Entity
Free & Clear · 10 yrs held
Mailing address
4901 NW 17TH WAY STE #103, FORT LAUDERDALE, FL 33309-3770
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2015
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
Jul 28, 2015
$2,650,000
Dania Industrial Center LLC
Rdrw Properties LLC
Grant Deed
—
Jul 14, 2015
—
Rdrw Properties LLC
Carib 168-34 LLC
Grant Deed
related
—
Jun 1, 2010
$2,000,000
Rdrw Properties LLC
Carib 168-34 LLC
Warranty Deed
$1,000,000 · Bank Of America
Dec 8, 2005
$370,000
Carib 168-34 LLC
Gallet,jacques A & Susanne M
Quit Claim 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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