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Property profile & analytics
OFF-MARKET
Estimated value
$505,000
Grocery and convenience stores
1417 Dixie Hwy Fort Lauderdale, FL 33304-1206
Entity Owned
19-yr Hold
~
Est. High Equity
Property ID
US18-1441760
Property profile
Verified
Property type
Grocery and convenience stores
Use group
CONVENIENCE STORE
Year built
1957
Construction
CONCRETE
Total area
1,736 SF
Lot
0.29 ac (12,723 SF)
Zoning code
CB
APN
49-42-35-09-0260
UPID
US18-1441760
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
-
Shop Fast Grocery & Convenience Store
-
ATM Atm
-
Bitstop Bitcoin ATM Atm Crypto Atm
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$340k
CAP Approach
CAP
$540k
Comparable Approach
Comparable
$404k
Blend (final)
Blend
$505k
Owner & transaction history
Saahil Investment LLC · 19 yrs held
Saahil Investment LLC
since 2007
7 recorded transactions
Zoning & alternative use
CB · 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
$340,000
CAP Approach
CAP Return
Estimation
6%
$580,000
6.5%
$540,000
7%
$500,000
Blend value · Realmo final
$505k
Range $455k – $556k · ±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
$291 / 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
$8,242
Tax year 2023
Assessed value
$366,660
Assessed 2023
Previous assessed
$366,660
+0.0% YoY
Effective rate
2.25%
On assessed value
Assessed land
$152,680
Assessed improvement
$213,980
Land market value
$152,680
Improvement market value
$213,980
Total market value
$366,660
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
Grocery and convenience stores
Use group
CONVENIENCE STORE
Status
Off-Market
Year built
1957
Construction
CONCRETE
Heating
NONE
Cooling
YES
Stories
1
Total area
1,736 SF
Lot
0.29 ac (12,723 SF)
Zoning code
CB
APN
49-42-35-09-0260
UPID
US18-1441760
Jurisdiction
BROWARD
Metro division
FORT LAUDERDALE-POMPANO BEACH-DEERFIELD BEACH, FL METROPOLITAN DIVISION
Zoning & alternative use
CB · Fort Lauderdale, FL
Zoning CB · permitted uses
CB · 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
1957
Construction
CONCRETE
Heating
NONE
Cooling
Yes
Stories
1
Lot
0.29 ac
Current owner
From public records · entity-resolved
Saahil Investment LLC
Entity
Mailing address
707 NE 13TH ST, FORT LAUDERDALE, FL 33304-2006
Ownership since
2007
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
9 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Dec 6, 2017
—
Shahid N Chowdhury
—
Deed
related
$135,000 · Ronald Adzima
Jun 29, 2007
—
Saahil Investment LLC
Chowdhury,shahid M
Quit Claim Deed
related
—
Feb 17, 2000
$98,000
Shahid M Chowdhury
Wilton M Holdings INC
Quit Claim Deed
related
$82,400 · Seller
Sep 7, 1999
$189,000
Wilton M Holdings INC
Yatak,bashar
Grant Deed
related
$170,000 · Seller
Mar 23, 1999
$75,000
Bashar Yatak
Shop Fast INC
Grant Deed
—
—
—
Shahid N Chowdhury
—
Deed Of Trust
related
$135,000 · Ronald Adzima
—
—
Shahid N Chowdhury
—
Deed Of Trust
related
$135,000 · Ronald Adzima
—
—
Shahid M Chowdhury
—
Deed Of Trust
related
$43,000 · Home Equity Mortgage
—
—
Shahid N Chowdhury
—
Loan Modification
related
$135,000 · Ronald Adzima
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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