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Property profile & analytics
OFF-MARKET
Estimated value
$735,000
Distribution centers
11 12th Ave Ste 109 Dania Beach, FL 33004-3527
Entity Owned
9-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US19-0516068
Property profile
Verified
Property type
Distribution centers
Use group
DISTRIBUTION WAREHOUSE
Year built
2005
Construction
CONCRETE
Total area
4,100 SF
Lot
0.09 ac (4,100 SF)
Zoning code
I-G
APN
50-42-33-AA-0450
UPID
US19-0516068
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
$825k
Comparable Approach
Comparable
$519k
Blend (final)
Blend
$735k
Owner & transaction history
Ym 26 Flex LLC · 9 yrs held
Ym 26 Flex LLC
since 2016
6 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%
$895,000
6.5%
$825,000
7%
$770,000
Alternative Use
Use
Estimation
WAREHOUSE, STORAGE
$1,030,000
Current use
Blend value · Realmo final
$735k
Range $662k – $809k · ±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
$179 / 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
$17,075
Tax year 2023
Assessed value
$822,880
Assessed 2023
Previous assessed
$748,070
+10.0% YoY
Effective rate
2.08%
On assessed value
Assessed land
$82,290
Assessed improvement
$740,590
Land market value
$82,290
Improvement market value
$740,590
Total market value
$822,880
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
2005
Construction
CONCRETE
Heating
NONE
Bathrooms
2
Total area
4,100 SF
Lot
0.09 ac (4,100 SF)
Zoning code
I-G
APN
50-42-33-AA-0450
UPID
US19-0516068
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.
Alternative use value scenarios
Repositioning upside vs current use
WAREHOUSE, STORAGE Current
Est. value
$1.0M
WAREHOUSE, STORAGE Current
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
2005
Construction
CONCRETE
Heating
NONE
Bathrooms
2
Lot
0.09 ac
Current owner
From public records · entity-resolved
Ym 26 Flex LLC
Entity
Mailing address
1550 LATHAM RD STE #8, WEST PALM BEACH, FL 33409-5146
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2016
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
Jun 18, 2019
—
Ym 26 Flex LLC
—
Grant Deed
related
$20,000,000 · Starwood Mtg Cap
Nov 7, 2016
—
Ym 26 Flex LLC
Y & M 18 LLC
Grant Deed
related
$11,250,000 · Branch Bk&tr
Sep 27, 2016
$600
Y & M 18 LLC
Musa INC Coc
Trustees Deed
related
—
Sep 9, 2016
$600
Y & M 18 LLC
Musa INC Coc
Trustees Deed
related
—
May 15, 2006
$1,627,600
Musa LLC
Dania Distribution Centre Ltd
Warranty Deed
$1,735,000 · Comerica Bank
—
—
Ym 26 Flex LLC
—
Loan Modification
related
$11,250,000 · Branch Bk&tr
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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