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Property profile & analytics
FOR LEASE
Grocery and convenience stores
1625 Cordova Rd Fort Lauderdale, FL 33316
Entity Owned
20-yr Hold
Free & Clear
Property ID
US18-0223785
For Lease
1 / 3
$26 SF/Yr
1625 Cordova Rd, Fort Lauderdale, FL 33316
View Listing →
Property profile
Verified
Property type
Grocery and convenience stores
Use group
GROCERY, SUPERMARKET
Year built
1962
Construction
CONCRETE
Total area
39,818 SF
Lot
2.7 ac (117,772 SF)
Zoning code
B-1
APN
50-42-14-16-0660
UPID
US18-0223785
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
-
Cardtronics ATM Atm
-
Coinhub Bitcoin ATM Teller Atm
-
CDReload - Online Bitcoin ATM Atm Crypto Atm
-
KeyMe Locksmiths Locksmith (Bike/Boat/Book/etc) Store
-
Winn-Dixie Grocery & Convenience Store Food Market
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$6.32M
Owner & transaction history
Wd Cordova LLC · 20 yrs held
Wd Cordova LLC
since 2006
5 recorded transactions
Zoning & alternative use
B-1 · 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
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
$159 / 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
$168,276
Tax year 2023
Assessed value
$7,379,040
Assessed 2023
Previous assessed
$7,047,920
+4.7% YoY
Effective rate
2.28%
On assessed value
Assessed land
$2,944,300
Assessed improvement
$4,434,740
Land market value
$2,944,300
Improvement market value
$4,434,740
Total market value
$7,379,040
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
GROCERY, SUPERMARKET
Status
For Lease
Year built
1962
Construction
CONCRETE
Heating
NONE
Cooling
YES
Stories
1
Total area
39,818 SF
Lot
2.7 ac (117,772 SF)
Zoning code
B-1
APN
50-42-14-16-0660
UPID
US18-0223785
Jurisdiction
BROWARD
Metro division
FORT LAUDERDALE-POMPANO BEACH-DEERFIELD BEACH, FL METROPOLITAN DIVISION
Zoning & alternative use
B-1 · Fort Lauderdale, FL
Zoning B-1 · permitted uses
B-1 · 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
1962
Construction
CONCRETE
Heating
NONE
Cooling
Yes
Stories
1
Lot
2.7 ac
Current owner
From public records · entity-resolved
Wd Cordova LLC
Entity
Free & Clear · 20 yrs held
Mailing address
1815 CORDOVA RD #202, FORT LAUDERDALE, FL 33316-2130
Ownership since
2006
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
5 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Apr 10, 2019
—
Wd Cordova LLC
—
Loan Modification
related
$8,300,000 · Miscellaneous Ins Co
Mar 15, 2006
—
Wd Cordova LLC
Walnut Street Partners Lllp
Warranty Deed
—
Mar 15, 2006
$5,000,000
Wd Cordova LLC
Lf LLP
Warranty Deed
$4,000,000 · Great Florida Bank
Feb 17, 2003
—
Walnut Street Partners Lllp
Thomas,v Est
Grant Deed
related
—
Jan 9, 1997
$1,021,000
Lf Limited LP
Law,william F
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.
Try Rey
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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