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Property profile & analytics
OFF-MARKET
Estimated value
$19,955,000
Warehouses
1401 1st Ave Fort Lauderdale, FL 33315-1555
Entity Owned
4-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US18-3331902
Property profile
Verified
Property type
Warehouses
Use group
MINI-WAREHOUSE, STORAGE
Year built
2021
Construction
CONCRETE
Total area
114,301 SF
Lot
0.6 ac (26,245 SF)
Zoning code
SRAC-SAW
APN
50-42-15-10-1320
UPID
US18-3331902
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
-
Public Storage Storage Facility
-
Self Storage Advisor Storage Facility
-
Snapbox Self Storage Storage Facility
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$14.25M
CAP Approach
CAP
$20.83M
Comparable Approach
Comparable
$18.19M
Blend (final)
Blend
$19.96M
Owner & transaction history
Poinciana Storage Jv LLC · 4 yrs held
Poinciana Storage Jv LLC
since 2021
Last sale
$20.4M
4 recorded transactions
Zoning & alternative use
SRAC-SAW · 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
Method
Estimation
Statistic approach
by Request
ML approach
$14,245,000
CAP Approach
CAP Return
Estimation
6%
$22,565,000
6.5%
$20,825,000
7%
$19,340,000
Blend value · Realmo final
$19.96M
Range $17.96M – $21.95M · ±10% · vs last sale $20.40M (Dec 15 2021)
Last sale anchor
$20.40M
Dec 15 2021
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
$175 / 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
$354,498
Tax year 2023
Assessed value
$18,352,630
Assessed 2023
Previous assessed
$18,352,630
+0.0% YoY
Effective rate
1.93%
On assessed value
Assessed land
$1,364,740
Assessed improvement
$16,987,890
Land market value
$1,364,740
Improvement market value
$16,987,890
Total market value
$18,352,630
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
YES
Stories
6
Total area
114,301 SF
Lot
0.6 ac (26,245 SF)
Zoning code
SRAC-SAW
APN
50-42-15-10-1320
UPID
US18-3331902
Jurisdiction
BROWARD
Metro division
FORT LAUDERDALE-POMPANO BEACH-DEERFIELD BEACH, FL METROPOLITAN DIVISION
Zoning & alternative use
SRAC-SAW · Fort Lauderdale, FL
Zoning SRAC-SAW · permitted uses
SRAC-SAW · 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
2021
Construction
CONCRETE
Heating
NONE
Cooling
Yes
Stories
6
Lot
0.6 ac
Current owner
From public records · entity-resolved
Poinciana Storage Jv LLC
Entity
Mailing address
2929 WALNUT ST STE #1520, PHILADELPHIA, PA 19104-5437
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2021
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
Dec 15, 2021
$20,400,000
Poinciana Storage Jv LLC
Ch Ss Fund Storsafe Fort Lauderdale
Special Warranty Deed
—
Jun 7, 2019
—
Ch Ss Fund-storsafe Ft Lauderd
—
Grant Deed
related
$9,184,500 · Veritex Cmnty Bk
Jan 17, 2019
$1,700,000
Ch Ss Fund-storsafe Ft Lauderd
Bear Traxx LLC
Warranty Deed
related
—
Oct 22, 2012
$275,000
Bear Traxx LLC
Kompare Albert J
Grant Deed
—
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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