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Property profile & analytics
OFF-MARKET
Estimated value
$18,235,000
Warehouses
1375 Progresso Dr 1379 Fort Lauderdale, FL 33304-4763
Entity Owned
Absentee Owner
Free & Clear
Property ID
US18-8383106
Property profile
Verified
Property type
Warehouses
Use group
MINI-WAREHOUSE, STORAGE
Year built
2021
Construction
CONCRETE
Total area
99,021 SF
Lot
0.85 ac (36,978 SF)
Zoning code
B-3
APN
49-42-35-63-0010
UPID
US18-8383106
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
-
Burlington Self Storage - Fort Lauderdale Storage Facility
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$18.05M
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$18.24M
Owner & transaction history
4r Ch Fll Burlington Owner LLC
4r Ch Fll Burlington Owner LLC
since 2025
7 recorded transactions
Zoning & alternative use
B-3 · Fort Lauderdale, FL
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description
Flag Internal Locked Multiple Through ZONING fake-general-subgroup Zoning Districts ABA - A-1A Beachfront Area District AIP - Airport Industrial Park District B-1 - Boulevard Business B-2 - County B-2 - General Business B-3 - County B-3 - Heavy Commercial/Light Industrial Business C-1 - County CB - Commercial Business CC - Commerce Center District CF - Commu…
Zone name
Heavy Commercial And Light Industrial Business
General category
INDUSTRIAL
Zone area
596.21 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
by Request
CAP Approach
CAP Return
Estimation
6%
$19,545,000
6.5%
$18,045,000
7%
$16,755,000
Blend value · Realmo final
$18.24M
Range $16.41M – $20.06M · ±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
$184 / 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
$243,495
Tax year 2023
Assessed value
$12,463,140
Assessed 2023
Previous assessed
$11,586,800
+7.6% YoY
Effective rate
1.95%
On assessed value
Assessed land
$665,600
Assessed improvement
$11,797,540
Land market value
$665,600
Improvement market value
$11,797,540
Total market value
$12,463,140
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
Warehouses
Use group
MINI-WAREHOUSE, STORAGE
Status
Off-Market
Year built
2021
Construction
CONCRETE
Heating
NONE
Cooling
CENTRAL
Stories
5
Total area
99,021 SF
Lot
0.85 ac (36,978 SF)
Zoning code
B-3
APN
49-42-35-63-0010
UPID
US18-8383106
Jurisdiction
BROWARD
Metro division
FORT LAUDERDALE-POMPANO BEACH-DEERFIELD BEACH, FL METROPOLITAN DIVISION
Zoning & alternative use
B-3 · Fort Lauderdale, FLZoning 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
Zoning description
Flag Internal Locked Multiple Through ZONING fake-general-subgroup Zoning Districts ABA - A-1A Beachfront Area District AIP - Airport Industrial Park District B-1 - Boulevard Business B-2 - County B-2 - General Business B-3 - County B-3 - Heavy Commercial/Light Industrial Business C-1 - County CB - Commercial Business CC - Commerce Center District CF - Community Facility CF-H - Community Facility/House of Worship CF-HS - Community Facility
Zone name
Heavy Commercial And Light Industrial Business
General category
INDUSTRIAL
Zone area
596.21 ac
Building & site characteristics
From public records
Year built
2021
Construction
CONCRETE
Heating
NONE
Cooling
Yes
Stories
5
Lot
0.85 ac
Current owner
From public records · entity-resolved
4r Ch Fll Burlington Owner LLC
Entity
Free & Clear · 0 yrs held
Mailing address
114 WW ST, WILMINGTON, MA 01887-3021
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2025
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
7 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Aug 21, 2025
—
4r Ch Fll Burlington Owner LLC
Burlington Self Storage Of Ft Laude
Special Warranty Deed
—
Nov 1, 2019
—
Burlington Self Storage Of Ft Lau
—
Grant Deed
related
$9,375,000 · Legacy Bk/fl
Aug 16, 2019
$3,250,000
Burlington Self Storage Of Fi Lau
Aalw Properties LLC
Warranty Deed
—
Nov 13, 2017
—
Aalw Properties LLC
—
Deed
related
$601,968 · American Nat'l Bk
Oct 6, 2015
$900,000
Aalw Properties INC
Amor Fort Lauderdale LLC
Warranty Deed
$3,994,000 · American Nat'l Bk
Jun 29, 2006
$850,000
Amor Fort Lauderdale LLC
Rosen Hedwige M L V
Grant Deed
$400,000 · Leonard Elizabeth R Trust
—
—
Aalw Properties LLC
—
Loan Modification
related
$601,968 · American Nat'l Bk
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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