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Property profile & analytics
OFF-MARKET
Medical Office Space
1226 3rd Ave Fort Lauderdale, FL 33315-1507
Entity Owned
12-yr Hold
Free & Clear
Property ID
US19-0511630
Property profile
Verified
Property type
Medical Office Space
Use group
MEDICAL BUILDING
Year built
1950
Construction
CONCRETE
Total area
1,861 SF
Lot
0.24 ac (10,462 SF)
Zoning code
B-3
APN
50-42-15-21-0740
UPID
US19-0511630
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
-
Khan Khalil a Do Physician
-
Khalil Ahmed Khan Physician
-
Nath F Colin MD Physician
-
Khan Internal Medicine | Fort Lauderdale FL Medical Clinic
-
Husman Khan Md Physician
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
by Request
Owner & transaction history
3rd-1226 Properties LLC · 12 yrs held
3rd-1226 Properties LLC
since 2013
4 recorded transactions
Zoning & alternative use
B-3 · 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
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
—
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
$12,055
Tax year 2023
Assessed value
$580,880
Assessed 2023
Previous assessed
$521,090
+11.5% YoY
Effective rate
2.08%
On assessed value
Assessed land
$125,540
Assessed improvement
$455,340
Land market value
$125,540
Improvement market value
$455,340
Total market value
$580,880
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
Medical Office Space
Use group
MEDICAL BUILDING
Status
Off-Market
Year built
1950
Construction
CONCRETE
Heating
NONE
Cooling
YES
Stories
1
Total area
1,861 SF
Lot
0.24 ac (10,462 SF)
Zoning code
B-3
APN
50-42-15-21-0740
UPID
US19-0511630
Jurisdiction
BROWARD
Metro division
FORT LAUDERDALE-POMPANO BEACH-DEERFIELD BEACH, FL METROPOLITAN DIVISION
Zoning & alternative use
B-3 · Fort Lauderdale, FL
Zoning B-3 · permitted uses
B-3 · 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.
Building & site characteristics
From public records
Year built
1950
Construction
CONCRETE
Heating
NONE
Cooling
Yes
Stories
1
Lot
0.24 ac
Current owner
From public records · entity-resolved
3rd-1226 Properties LLC
Entity
Free & Clear · 12 yrs held
Mailing address
11550 NW 20TH ST, PLANTATION, FL 33323-2062
Ownership since
2013
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
Aug 14, 2013
—
3rd-1226 Properties LLC
Khan,joan & Husman
Quit Claim Deed
related
—
Feb 7, 2013
—
3rd - 1226 LLC
Khan,joan & Husman
Quit Claim Deed
related
—
Jan 12, 2004
$305,000
Joan Khan
Macgillivray,darren & Cheryl
Grant Deed
$244,000 · Popular Mortgage Corp
Jul 19, 2002
$166,000
Darren Macgillivray
Richardson,henry C & Stephen D
Grant Deed
$157,700 · Phh Us Mortgage
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
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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