Realmo Analytics

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

Property profile

1625 Cordova Rd Fort Lauderdale, FL 33316

FOR LEASE
Grocery and convenience stores
Property ID
US18-0223785
39,818 SF 2.7 ac lot Built 1962
Last sale Mar 2006 · $5,000,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 20-yr Hold Held for 20 years. Free & Clear No active or open recorded mortgage detected.
Saved · see the list in your Dashboard
Market Trends Soon

Property summary

AI-generated overview

This commercial retail property is configured as a second-generation supermarket space and is approximately 40,200 square feet. It features monument signage and provides visibility from an access corridor used by approximately 40,000 vehicles per day. The site is positioned on a main roadway providing access toward Fort Lauderdale Beach and A1A, with nearby connectivity to major transportation routes including I-595, I-95, the Florida Turnpike, Fort Lauderdale International Airport, and the…

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?
$168k
Tax billed · 2023
Assessed value$7.38M
Assessed land$2.94M
Assessed improvement$4.43M
Effective rate2.28%

Value estimate

· Oct 2026
$6.32M
$5.69M – $6.95M
NOI build-up
Gross scheduled income$1.11M
Vacancy & credit loss−$87k
Operating expenses−$307k
NOI · 2,754,169.23% cap applied$716k

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

Recently sold

What actually traded nearby?
$379/SF
Submarket average, outlier-cleaned · 291 recorded sales of this use type
Observed band · Q1–Q3$215 – $570
Qualifying comparables5

Cap rate analysis

How does the asset earn?
2,754,169.23%
$716k 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?
B-1
Boulevard Business District is intended to provide for the location of commercial business establishments dependent upon high visibility ...
General categoryCOMMERCIAL
JurisdictionBROWARD

Location intelligence

Which uses thrive at this corner?
Best fit: Daycare Center
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Daycare Center10.3
Shoe Repair8.8
Bakery7.8

Location

1625 Cordova Rd Fort Lauderdale, FL 33316
County assessor Recorded deeds · 5 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
1515 17th, Fort Lauderdale, FL 33316-1736 $48,500,000 May 2024 30,987 SF
1201 Federal, Fort Lauderdale, FL 33316-2038 $8,463,200 Mar 2024 15,445 SF
2323 Federal, Fort Lauderdale, FL 33316-3949 $3,100,000 Mar 2024 6,216 SF
921 17th, Fort Lauderdale, FL 33316-2926 $11,750,000 Feb 2024 10,428 SF
901 17th, Fort Lauderdale, FL 33316-2955 $5,500,000 Dec 2022 9,378 SF
1330-1430 17th, Fort Lauderdale, FL 33316 $2,551,500 Nov 2021 56,644 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