Realmo Analytics

Get reports on 50M+ commercial properties in the US. Find and target property leads based on your business goal.

Property profile

1601 Nw 38 Ave Lauderhill, FL

FOR LEASE
Retail space
Property ID
US19-0438316
24,850 SF 1.42 ac lot Built 1977
Last sale Feb 2017 · $1,450,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 9-yr Hold Held for 9 years. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
Saved · see the list in your Dashboard
Market Trends Soon

Property summary

AI-generated overview

A 1,100-square-foot flex space located within a maintained industrial park, configured to support a range of uses such as warehouse operations, office use, distribution, or light industrial activity. The interior layout provides flexible space to accommodate different operating requirements, with functional areas intended for combined work and storage use. The property is situated with convenient access to major highways and nearby commercial corridors, and includes ample on-site parking for staff and visitors.

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. Included with a plan.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with a plan.

Debts

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — included with a plan.

Property tax · 2023

What does the county charge?
$58k
Tax billed · 2023
Assessed value$2.00M
Assessed land$432k
Assessed improvement$1.56M
Effective rate2.92%

Value estimate

· Oct 2026
$2.98M
$2.68M – $3.28M
Submarket $/SF estimate$2.95M
NOI build-up
Gross scheduled income$406k
Vacancy & credit loss−$22k
Operating expenses−$115k
NOI · 13,413.65% cap applied$268k

Realmo valuation models over county records and 5 qualifying comparable sales.

Recently sold

What actually traded nearby?
$251/SF
ZIP average, outlier-cleaned · 32 recorded sales of this use type
Observed band · Q1–Q3$119 – $370
Qualifying comparables5

Cap rate analysis

How does the asset earn?
13,413.65%
$268k estimated NOI · market benchmarks for this use type

Price anchors at 6 / 6.5 / 7% — in the full report.

Zoning insight

What can be built here?
CW
JurisdictionBROWARD

Location intelligence

Which uses thrive at this corner?
Best fit: Realty agency
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Realty agency69.7
Law Firm43.4
Dental Office41.9

Location

1601 Nw 38 Ave Lauderhill, FL
County assessor Recorded deeds · 4 transfers 5 qualifying comp sales Zoning catalog

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

6 recorded sales · 18 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
2450 Oakland Park, Oakland Park, FL 33311-1424 $5,700,000 Feb 2026 24,984 SF
1823-1853 38th, Lauderhill, FL 33311 $12,020,000 Nov 2024 32,480 SF
2104 Oakland Park, Oakland Park, FL 33311-1524 $3,850,000 Nov 2024 14,596 SF
1605 Oakland Park, Oakland Park, FL 33311-1513 $4,750,000 Jun 2024 22,932 SF
1249-1281 31st, Lauderhill, FL 33311 $3,700,000 Feb 2024 19,198 SF
2300 Oakland Park, Oakland Park, FL 33311-1422 $4,100,000 Jan 2024 23,148 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message
Why this one?
Saved