Back to Search
Property profile & analytics
OFF-MARKET
Estimated value
$1,015,000
Warehouses
1200 32nd St Fort Lauderdale, FL 33316
Individually Owned
20-yr Hold
Free & Clear
Property ID
US18-4014638
Property profile
Verified
Property type
Warehouses
Use group
WAREHOUSE, STORAGE
Year built
2009
Construction
STEEL FRAME
Total area
3,938 SF
Lot
9.94 ac (433,040 SF)
Zoning code
PEDD
APN
50-42-23-29-0010
UPID
US18-4014638
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
-
South Florida Materials Corporation General Contractor Construction Company
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$895k
CAP Approach
CAP
$1.01M
Comparable Approach
Comparable
$1.15M
Blend (final)
Blend
$1.02M
Owner & transaction history
Corporate Park V Ltd · 20 yrs held
Corporate Park V Ltd
since 2006
4 recorded transactions
Zoning & alternative use
PEDD · Fort Lauderdale, FL
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description
North West Regional Activity Center-Mixed Use northeast NWRAC-MUw - North West Regional Activity Center-Mixed Use west P - Parks Recreation and Open Space PCC - Planned Commerce Center PDD - Planned Development District PEDD - Port Everglades Development District PRD - Planned Resort Development District PUD - Planned Unit Development R-1-C - County R-2 - Co…
Zone name
Port Everglades Development District
General category
UNKNOWN
Zone area
339.72 ac
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
by Request
ML approach
$895,000
CAP Approach
CAP Return
Estimation
6%
$1,090,000
6.5%
$1,005,000
7%
$935,000
Alternative Use
Use
Estimation
RETAIL STORES
$1,495,000
Change: -15% · Conversion: Moderate
Blend value · Realmo final
$1.02M
Range $914k – $1.12M · ±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
$258 / 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
$151,229
Tax year 2023
Assessed value
$6,752,020
Assessed 2023
Previous assessed
$6,752,020
+0.0% YoY
Effective rate
2.24%
On assessed value
Assessed land
$4,330,400
Assessed improvement
$2,421,620
Land market value
$4,330,400
Improvement market value
$2,421,620
Total market value
$6,752,020
Applied tax rate
412.0000
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
Warehouses
Use group
WAREHOUSE, STORAGE
Status
Off-Market
Year built
2009
Construction
STEEL FRAME
Heating
NONE
Buildings
2
Stories
1
Total area
3,938 SF
Lot
9.94 ac (433,040 SF)
Zoning code
PEDD
APN
50-42-23-29-0010
UPID
US18-4014638
Jurisdiction
BROWARD
Metro division
FORT LAUDERDALE-POMPANO BEACH-DEERFIELD BEACH, FL METROPOLITAN DIVISION
Zoning & alternative use
PEDD · Fort Lauderdale, FLZoning PEDD · permitted uses
PEDD · Fort Lauderdale, FL
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Zoning description
North West Regional Activity Center-Mixed Use northeast NWRAC-MUw - North West Regional Activity Center-Mixed Use west P - Parks Recreation and Open Space PCC - Planned Commerce Center PDD - Planned Development District PEDD - Port Everglades Development District PRD - Planned Resort Development District PUD - Planned Unit Development R-1-C - County R-2 - County R-4 - County RAC-AS - Arts and Sciences Districts RAC-CC - City Center District
Zone name
Port Everglades Development District
General category
UNKNOWN
Zone area
339.72 ac
Alternative use value scenarios
Repositioning upside vs current use
RETAIL STORES
Est. value
$1.5M
RETAIL STORES
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
2009
Construction
STEEL FRAME
Heating
NONE
Stories
1
Buildings
2
Lot
9.94 ac
Current owner
From public records · entity-resolved
Corporate Park V Ltd
Individual
Free & Clear · 20 yrs held
Mailing address
PO BOX 2438, BECKLEY, WV 25802-2438
Ownership since
2006
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
Jun 2, 2017
—
Port Everglades Trm Land LLC
—
Deed
related
$44,000,000 · Branch Bk&tr
Jul 11, 2006
—
Corporate Park V Ltd
Port Property Ltd
Quit Claim Deed
related
—
Jul 11, 2006
$6,453,400
Everglades Terminal Land Port
Corporate Park V Ltd
Grant Deed
—
—
—
Port Everglades Trm Land LLC
—
Deed Of Trust
related
$44,000,000 · 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.
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 1200 32nd St?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
List this address →
Full reports are paid
Unlock the full Property Analytics report
Start free for 7 days — no card required. Full owner contacts, all 4 valuations with methodology, refine flow, comparable adjustments, foot-traffic deep dive, export to PDF / CSV.
