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Property profile & analytics
OFF-MARKET
Estimated value
$4,970,000
Auto shops
1101 Commercial Blvd Fort Lauderdale, FL 33309-3745
Entity Owned
5-yr Hold
~
Est. High Equity
Property ID
US19-0122929
Property profile
Verified
Property type
Auto shops
Use group
AUTO REPAIR, GARAGE
Year built
1984
Construction
CONCRETE
Total area
4,116 SF
Lot
0.25 ac (11,000 SF)
Zoning code
B-1
APN
49-42-16-01-0490
UPID
US19-0122929
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
Current use
Occupant on record · Public records
-
Ultimate Auto Glass & Electronics Auto Repair Shop (Bike/Boat/Book/etc) Store
-
Classic Collision Car Wash
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$5.97M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$4.60M
Blend (final)
Blend
$4.97M
Owner & transaction history
Fort Lauderdale Property Holdings L · 5 yrs held
Fort Lauderdale Property Holdings L
since 2021
Last sale
$4.1M
5 recorded transactions
Zoning & alternative use
B-1 · Fort Lauderdale, 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 Fort Lauderdale submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Fort Lauderdale 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
$6,085,000
ML approach
$5,970,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
AUTO REPAIR, GARAGE
$3,335,000
Current use
NEIGHBORHOOD: SHOPPING CENTER
$3,095,000
Change: -7% · Conversion: Difficult
Blend value · Realmo final
$4.97M
Range $4.47M – $5.47M · ±10% · vs last sale $4.10M (May 6 2021)
Last sale anchor
$4.10M
May 6 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
$1,207 / 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
$21,925
Tax year 2023
Assessed value
$915,960
Assessed 2023
Previous assessed
$915,960
+0.0% YoY
Effective rate
2.39%
On assessed value
Assessed land
$143,000
Assessed improvement
$772,960
Land market value
$143,000
Improvement market value
$772,960
Total market value
$915,960
Applied tax rate
312.0000
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
Auto shops
Use group
AUTO REPAIR, GARAGE
Status
Off-Market
Year built
1984
Construction
CONCRETE
Heating
NONE
Cooling
YES
Buildings
2
Stories
1
Total area
4,116 SF
Lot
0.25 ac (11,000 SF)
Zoning code
B-1
APN
49-42-16-01-0490
UPID
US19-0122929
Jurisdiction
BROWARD
Metro division
FORT LAUDERDALE-POMPANO BEACH-DEERFIELD BEACH, FL METROPOLITAN DIVISION
Zoning & alternative use
B-1 · Fort Lauderdale, FL
Zoning B-1 · permitted uses
B-1 · Fort Lauderdale, FL
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Fort Lauderdale. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
AUTO REPAIR, GARAGE Current
Est. value
$3.3M
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$3.1M
AUTO REPAIR, GARAGE Current
NEIGHBORHOOD: SHOPPING CENTER
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
1984
Construction
CONCRETE
Heating
NONE
Cooling
Yes
Stories
1
Buildings
2
Lot
0.25 ac
Current owner
From public records · entity-resolved
Fort Lauderdale Property Holdings L
Entity
Mailing address
655 PARK AVE APT 2D, NEW YORK, NY 10065-5985
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
May 6, 2021
$4,100,000
Fort Lauderdale Property Holdings L
Faassen Holdings Fla LLC
Special Warranty Deed
$2,255,000 · First Republic Bank
Jan 5, 2016
$2,400,000
Faassen Holdings Fla LLC
Demeo Automotive INC
Special Warranty Deed
$1,700,000 · Landmark Bank NA
Aug 21, 2012
$516,700
Demeo Automotive INC
Ruff,frank M & Anita
Warranty Deed
—
Jul 5, 2006
—
Ruff Anita Trust
Ruff Frank M Trust
Quit Claim Deed
related
—
—
—
Ruff Frank Living Trust
—
Deed Of Trust
related
$4,500,000 · Bank Of America
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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