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Property profile & analytics
OFF-MARKET
Estimated value
$910,000
Distribution centers
1080 1st Ct Hallandale Beach, FL 33009-3905
Entity Owned
4-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US18-5160757
Property profile
Verified
Property type
Distribution centers
Use group
DISTRIBUTION WAREHOUSE
Year built
1970
Construction
CONCRETE
Total area
4,419 SF
Lot
0.1 ac (4,419 SF)
Zoning code
B-I
APN
51-42-28-AJ-0040
UPID
US18-5160757
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
$1.05M
CAP Approach
CAP
$890k
Comparable Approach
Comparable
$1.24M
Blend (final)
Blend
$910k
Owner & transaction history
Blue Investment LLC · 4 yrs held
Blue Investment LLC
since 2021
Last sale
$800,000
5 recorded transactions
Zoning & alternative use
B-I · Hallandale Beach, FL
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Commercial (general)
$1.2M
+8.2%
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 Hallandale Beach submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Hallandale 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
$1,020,000
ML approach
$1,045,000
CAP Approach
CAP Return
Estimation
6%
$965,000
6.5%
$890,000
7%
$830,000
Alternative Use
Use
Estimation
WAREHOUSE, STORAGE
$1,150,000
Current use
COMMERCIAL (GENERAL)
$1,245,000
Change: +8% · Conversion: Difficult
Blend value · Realmo final
$910k
Range $819k – $1.00M · ±10% · vs last sale $800k (Nov 12 2021)
Last sale anchor
$800k
Nov 12 2021
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
$206 / 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
$15,280
Tax year 2023
Assessed value
$697,500
Assessed 2023
Previous assessed
$697,500
+0.0% YoY
Effective rate
2.19%
On assessed value
Assessed land
$69,750
Assessed improvement
$627,750
Land market value
$69,750
Improvement market value
$627,750
Total market value
$697,500
Applied tax rate
2,513.0000
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
1970
Construction
CONCRETE
Heating
NONE
Bathrooms
1
Total area
4,419 SF
Lot
0.1 ac (4,419 SF)
Zoning code
B-I
APN
51-42-28-AJ-0040
UPID
US18-5160757
Jurisdiction
BROWARD
Metro division
FORT LAUDERDALE-POMPANO BEACH-DEERFIELD BEACH, FL METROPOLITAN DIVISION
Zoning & alternative use
B-I · Hallandale Beach, FL
Zoning B-I · permitted uses
B-I · Hallandale Beach, FL
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Hallandale Beach. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
WAREHOUSE, STORAGE Current
Est. value
$1.2M
COMMERCIAL (GENERAL)
Est. value
$1.2M
WAREHOUSE, STORAGE Current
COMMERCIAL (GENERAL)
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Alternative use deep dive
Conversion cost · permit path · stabilized NOI per option
Building & site characteristics
From public records
Year built
1970
Construction
CONCRETE
Heating
NONE
Bathrooms
1
Lot
0.1 ac
Current owner
From public records · entity-resolved
Blue Investment LLC
Entity
Mailing address
801 FOSTER RD, HALLANDALE BEACH, FL 33009-2119
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2021
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
5 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Nov 12, 2021
$800,000
Blue Investment LLC
Jahoor LLC
Warranty Deed
$378,116 · First National Bank Of Coffee Count
Sep 30, 2020
$600,000
Jahoor LLC
Wrp Realty Fl LLC
Warranty Deed
$600,000 · Wrp Realty Fl LLC
Oct 6, 2017
—
Wrp Realty Fl LLC
—
Grant Deed
related
$5,000,000 · Iberiabank
Sep 5, 2012
$486,100
Wrp Realty Fl LLC
Wedgewood Holdings INC
Grant Deed
—
Jul 9, 2012
—
Wedgewood Holdings INC
Wedgewood First Court LLC
Quit Claim Deed
—
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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