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Property profile & analytics
FOR SALE
Manufacturing properties
126 NE 1St Ave Dania Beach, FL 33004
Entity Owned
2-yr Hold
Absentee Owner
Free & Clear
Property ID
US18-3172578
For Sale
1 / 27
$525,000
126 NE 1St Ave, Dania Beach, FL 33004
View Listing →
Property profile
Verified
Property type
Manufacturing properties
Use group
MANUFACTURING (LIGHT)
Year built
1958
Construction
CONCRETE
Total area
1,536 SF
Lot
0.25 ac (10,931 SF)
Zoning code
CC
APN
50-42-34-04-0110
UPID
US18-3172578
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
$525k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$600k
Blend (final)
Blend
$525k
Owner & transaction history
126 Ne 1st Ave LLC · 2 yrs held
126 Ne 1st Ave LLC
since 2024
Last sale
$525,000
3 recorded transactions
Zoning & alternative use
CC · Dania Beach, FL
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Commercial (general)
$745,000
+5.7%
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
$525,000
ML approach
$525,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
INDUSTRIAL (GENERAL)
$705,000
Current use
COMMERCIAL (GENERAL)
$745,000
Change: +6% · Conversion: Difficult
OFFICE BUILDING
$700,000
Change: -1% · Conversion: Difficult
Blend value · Realmo final
$525k
Range $473k – $578k · ±10% · vs last sale $525k (Mar 6 2024)
Last sale anchor
$525k
Mar 6 2024
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
$342 / 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
$4,554
Tax year 2023
Assessed value
$200,020
Assessed 2023
Previous assessed
$200,020
+0.0% YoY
Effective rate
2.28%
On assessed value
Assessed land
$109,310
Assessed improvement
$90,710
Land market value
$109,310
Improvement market value
$90,710
Total market value
$200,020
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
Manufacturing properties
Use group
MANUFACTURING (LIGHT)
Status
For Sale
Year built
1958
Construction
CONCRETE
Heating
NONE
Cooling
CENTRAL
Stories
1
Total area
1,536 SF
Lot
0.25 ac (10,931 SF)
Zoning code
CC
APN
50-42-34-04-0110
UPID
US18-3172578
Jurisdiction
BROWARD
Metro division
FORT LAUDERDALE-POMPANO BEACH-DEERFIELD BEACH, FL METROPOLITAN DIVISION
Zoning & alternative use
CC · Dania Beach, FL
Zoning CC · permitted uses
CC · 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
INDUSTRIAL (GENERAL) Current
Est. value
$705,000
COMMERCIAL (GENERAL)
Est. value
$745,000
OFFICE BUILDING
Est. value
$700,000
INDUSTRIAL (GENERAL) Current
COMMERCIAL (GENERAL)
OFFICE BUILDING
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
1958
Construction
CONCRETE
Heating
NONE
Cooling
Yes
Stories
1
Lot
0.25 ac
Current owner
From public records · entity-resolved
126 Ne 1st Ave LLC
Entity
Free & Clear · 2 yrs held
Mailing address
310 POLK ST, HOLLYWOOD, FL 33019-1717
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2024
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
3 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Mar 6, 2024
$525,000
126 Ne 1st Ave LLC
Rodney Harrison
Warranty Deed
—
Jul 19, 2001
$120,000
Rodney Harrison
Maritime Development INC
Grant Deed
$84,000 · Wood Family Partnership Ltd
—
—
Rodney Harrison
—
Deed Of Trust
related
$72,000 · Rodney Harrison
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?”
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