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Property profile & analytics
FOR LEASE
Commercial land
1380 S Flamingo Rd, Davie, FL 33325
Entity Owned
15-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US19-0642208
For Lease
$1,845,000
1380 S Flamingo Rd, Davie, FL 33325
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Property profile
Verified
Property type
Commercial land
Use group
VACANT COMMERCIAL LAND
Year built
1969
Total area
4,794 SF
Lot
3.89 ac (169,587 SF)
Zoning code
B-2
APN
50-40-12-48-0010
UPID
US19-0642208
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
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$1.97M
Blend (final)
Blend
$1.85M
Owner & transaction history
Afreen Intl Estate Dev LLC · 15 yrs held
Afreen Intl Estate Dev LLC
since 2010
7 recorded transactions
Zoning & alternative use
B-2 · Davie, FL
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Auto repair, garage
$2.8M
+26.5%
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 Davie submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Davie 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%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
COMMERCIAL (GENERAL)
$2,230,000
Current use
AUTO REPAIR, GARAGE
$2,820,000
Change: +27% · Conversion: Difficult
OFFICE BUILDING
$2,180,000
Change: -2% · Conversion: Easy
Blend value · Realmo final
$1.85M
Range $1.66M – $2.03M · ±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
$385 / 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
$24,168
Tax year 2023
Assessed value
$1,695,870
Assessed 2023
Previous assessed
$1,695,870
+0.0% YoY
Effective rate
1.43%
On assessed value
Assessed land
$1,695,870
Land market value
$1,695,870
Total market value
$1,695,870
Applied tax rate
2,412.0000
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
Commercial land
Use group
VACANT COMMERCIAL LAND
Status
For Lease
Year built
1969
Heating
NONE
Bathrooms
3
Total area
4,794 SF
Lot
3.89 ac (169,587 SF)
Zoning code
B-2
APN
50-40-12-48-0010
UPID
US19-0642208
Jurisdiction
BROWARD
Metro division
FORT LAUDERDALE-POMPANO BEACH-DEERFIELD BEACH, FL METROPOLITAN DIVISION
Zoning & alternative use
B-2 · Davie, FL
Zoning B-2 · permitted uses
B-2 · Davie, FL
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Davie. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
COMMERCIAL (GENERAL) Current
Est. value
$2.2M
AUTO REPAIR, GARAGE
Est. value
$2.8M
OFFICE BUILDING
Est. value
$2.2M
COMMERCIAL (GENERAL) Current
AUTO REPAIR, GARAGE
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
1969
Heating
NONE
Bathrooms
3
Lot
3.89 ac
Current owner
From public records · entity-resolved
Afreen Intl Estate Dev LLC
Entity
Mailing address
16090 RIO DEL PAZ, DELRAY BEACH, FL 33446-2440
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2010
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
13 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Apr 15, 2025
—
Afreen International Estate Develop
—
Deed
related
$4,200,000 · F Street Investments LLC
Jan 30, 2020
—
Afreen Intl Est Dev LLC
—
Deed Of Trust
related
$250,000 · Gaddis Cap
Apr 23, 2019
—
Afreen Intl Est Dev LLC
—
Deed
related
$1,600,000 · Gaddis Cap
Mar 22, 2018
—
Afreen Intl Estate Dev LLC
—
Deed
related
$1,150,000 · Gaddis Cap
Oct 14, 2015
—
Afreen Intl Estate Dev LLC
—
Trustees Deed
related
$150,000 · Gaddis Cap
Nov 5, 2010
$240,000
Afreen Intl Estate Dev LLC
Faruq,mohammad
Warranty Deed
—
Apr 16, 2010
$450,000
Mohammad U Faruq
Ur-rehman,mohammad M
Warranty Deed
$300,000 · Steven Bloom
May 10, 2006
$1,550,000
Mohammad Moin Ur Rehman
Christian Fellowship INC
Warranty Deed
$1,162,500 · Americas Wholesale Lender
—
—
Afreen Intl Est Dev LLC
—
Loan Modification
related
$1,600,000 · Gaddis Cap
—
—
Afreen Intl Estate Dev LLC
—
Loan Modification
related
$850,000 · Gaddis Cap
—
—
Afreen International Estate De
—
Deed Of Trust
related
$800,000 · Gaddis Cap
—
—
Afreen Intl Estate Dev LLC
—
Loan Modification
related
$650,000 · Gaddis Cap
—
—
Afreen Intl Estate Dev LLC
—
Loan Modification
related
$1,150,000 · Gaddis Cap
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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