Technical
Financial
Distress signals
Property profile

18 2nd St 24 Hallandale Beach, FL 33009

OFF-MARKET
Warehouses
Property ID
US18-3927108
8,000 SF 0.29 ac lot Built 1969
Entity Owned 4-yr Hold Absentee Owner ~ Est. High Equity
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Property profile

Verified
Property type Warehouses
Use group WAREHOUSE, STORAGE
Year built 1969
Construction CONCRETE
Total area 8,000 SF
Lot 0.29 ac (12,514 SF)
Zoning code I-L
APN 51-42-28-02-0090
UPID US18-3927108

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

18 2nd St, Unit 24 Hallandale Beach, FL 33009-4003
Hallandale Beach metro Census 100400 MIAMI-FORT LAUDERDALE-MIAMI BEACH, FL METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$2.27M
Blend (final) Blend
$4.88M

Owner & transaction history

since 2021
Last sale
$3.7M
7 recorded transactions
2021
$3.7M
2021
Price N/A
2020
Price N/A
2019
$100
2019
$1.0M
2014
Price N/A
2014
$750,000

Zoning & alternative use

I-L · Hallandale Beach, FL
General category INDUSTRIAL
Top alternative use upside
Neighborhood: shopping center $5.3M +156.4%
Office building $4.6M +121.8%
Industrial (general) $3.7M +76.6%

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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