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Property profile & analytics
OFF-MARKET
Estimated value
$1,800,000
Warehouses
1401 30th Ave Hollywood, FL 33020-5635
Entity Owned
1-yr Hold
Absentee Owner
Free & Clear
Property ID
US18-3176642
Property profile
Verified
Property type
Warehouses
Use group
WAREHOUSE, STORAGE
Year built
1961
Construction
CONCRETE
Total area
5,982 SF
Lot
0.13 ac (5,696 SF)
Zoning code
IM-2
APN
51-42-21-06-2750
UPID
US18-3176642
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
$1.80M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$1.52M
Blend (final)
Blend
$1.80M
Owner & transaction history
Sasson Realty Group LLC · 1 yrs held
Sasson Realty Group LLC
since 2025
Last sale
$1.8M
6 recorded transactions
Zoning & alternative use
IM-2 · Hollywood, FL
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Office building
$2.9M
+37.4%
Industrial (general)
$2.8M
+29.2%
Commercial (general)
$2.7M
+27.1%
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 Hollywood submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Hollywood 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
$1,800,000
ML approach
$1,800,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
WAREHOUSE, STORAGE
$2,130,000
Current use
OFFICE BUILDING
$2,925,000
Change: +37% · Conversion: Difficult
INDUSTRIAL (GENERAL)
$2,750,000
Change: +29% · Conversion: Easy
COMMERCIAL (GENERAL)
$2,705,000
Change: +27% · Conversion: Difficult
MEDICAL BUILDING
$2,100,000
Change: -1% · Conversion: Difficult
Blend value · Realmo final
$1.80M
Range $1.62M – $1.98M · ±10% · vs last sale $1.80M (Jul 25 2024)
Last sale anchor
$1.80M
Jul 25 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
$301 / 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
$15,070
Tax year 2023
Assessed value
$723,080
Assessed 2023
Previous assessed
$723,080
+0.0% YoY
Effective rate
2.08%
On assessed value
Assessed land
$51,260
Assessed improvement
$671,820
Land market value
$51,260
Improvement market value
$671,820
Total market value
$723,080
Applied tax rate
513.0000
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
WAREHOUSE, STORAGE
Status
Off-Market
Year built
1961
Construction
CONCRETE
Heating
NONE
Cooling
YES
Stories
1
Total area
5,982 SF
Lot
0.13 ac (5,696 SF)
Zoning code
IM-2
APN
51-42-21-06-2750
UPID
US18-3176642
Jurisdiction
BROWARD
Metro division
FORT LAUDERDALE-POMPANO BEACH-DEERFIELD BEACH, FL METROPOLITAN DIVISION
Zoning & alternative use
IM-2 · Hollywood, FL
Zoning IM-2 · permitted uses
IM-2 · Hollywood, FL
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Hollywood. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
WAREHOUSE, STORAGE Current
Est. value
$2.1M
OFFICE BUILDING
Est. value
$2.9M
INDUSTRIAL (GENERAL)
Est. value
$2.8M
COMMERCIAL (GENERAL)
Est. value
$2.7M
MEDICAL BUILDING
Est. value
$2.1M
WAREHOUSE, STORAGE Current
OFFICE BUILDING
INDUSTRIAL (GENERAL)
COMMERCIAL (GENERAL)
MEDICAL 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
1961
Construction
CONCRETE
Heating
NONE
Cooling
Yes
Stories
1
Lot
0.13 ac
Current owner
From public records · entity-resolved
Sasson Realty Group LLC
Entity
Free & Clear · 1 yrs held
Mailing address
2047 NE 20TH RD STE #210, NORTH LAUDERDALE, FL 33181
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
6 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
May 1, 2025
$2,200,000
Sasson Realty Group LLC
1401 L&w Holdings LLC
Special Warranty Deed
—
Jul 25, 2024
$1,800,000
1401 L&w Holdings LLC
Andrew Spodek
Special Warranty Deed
$900,000 · City National Bank Of Florida
Feb 28, 2023
$5,750,000
Fp Lula II LLC
Audrey Axelson Sessoms
Deed
$3,750,000 · Walter A Axelson Trust
Feb 25, 2019
—
Axelson,walter A Trust
—
Deed
related
$570,000 · Charles J Nielson
Jan 30, 2009
—
Axelson Leona V Trust
Axelson Leona V Trust
Quit Claim Deed
related
—
—
—
Axelson,walter A Trust
—
Loan Modification
related
$570,000 · Charles J Nielson
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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