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Property profile & analytics
OFF-MARKET
Distribution centers
1816 Dixie Hwy Ste A4 Fort Lauderdale, FL 33305-3832
Individually Owned
Absentee Owner
Free & Clear
Property ID
US18-2004946
Property profile
Verified
Property type
Distribution centers
Use group
DISTRIBUTION WAREHOUSE
Year built
1952
Construction
CONCRETE
Total area
1,067 SF
Zoning code
RMM-25
APN
49-42-35-BM-0030
UPID
US18-2004946
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
-
PRIMM of FL Hardware & Home Improvement General Contractor
-
Safelink Group Inc. Security Service General Contractor
-
BUDDHA HAPPY Metaphysical Supply Store Buddhist Supplies Store
-
Sounds Like Mega Studios Recording Studio
-
Endara Fitness Studio Gym & Fitness Center
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
by Request
Owner & transaction history
David Landsman
David Landsman
since 2025
Last sale
$215,000
7 recorded transactions
Zoning & alternative use
RMM-25 · Fort Lauderdale, FL
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description
RMM-25 district is intended for mid-rise multifamily residences and tourist accommodations. The RMM-25 district has a maximum density of 25 dwelling units per net acre and a maximum density of 30 hotel/motel or nursing home rooms per net acre
Zone name
Residential Multifamily Mid Rise And Medium High Density
General category
RESIDENTIAL
Zone area
1,345.88 ac
Source
Realmo
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
—
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
$3,642
Tax year 2023
Assessed value
$181,390
Assessed 2023
Previous assessed
$181,390
+0.0% YoY
Effective rate
2.01%
On assessed value
Assessed land
$18,140
Assessed improvement
$163,250
Land market value
$18,140
Improvement market value
$163,250
Total market value
$181,390
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
Distribution centers
Use group
DISTRIBUTION WAREHOUSE
Status
Off-Market
Year built
1952
Construction
CONCRETE
Heating
NONE
Bathrooms
1
Total area
1,067 SF
Zoning code
RMM-25
APN
49-42-35-BM-0030
UPID
US18-2004946
Jurisdiction
BROWARD
Metro division
FORT LAUDERDALE-POMPANO BEACH-DEERFIELD BEACH, FL METROPOLITAN DIVISION
Zoning & alternative use
RMM-25 · Fort Lauderdale, FLZoning RMM-25 · permitted uses
RMM-25 · Fort Lauderdale, FL
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Zoning description
RMM-25 district is intended for mid-rise multifamily residences and tourist accommodations. The RMM-25 district has a maximum density of 25 dwelling units per net acre and a maximum density of 30 hotel/motel or nursing home rooms per net acre
Zone name
Residential Multifamily Mid Rise And Medium High Density
General category
RESIDENTIAL
Zone area
1,345.88 ac
Source
Realmo
Building & site characteristics
From public records
Year built
1952
Construction
CONCRETE
Heating
NONE
Bathrooms
1
Current owner
From public records · entity-resolved
David Landsman
Individual
Free & Clear · 0 yrs held
Mailing address
1724 NE 18TH AVE, FORT LAUDERDALE, FL 33305-3448
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2025
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
8 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Oct 30, 2025
$215,000
David Landsman
Bruce Bunker
Warranty Deed
—
May 8, 2024
$190,000
Bruce Bunker
Tick Ridge Holdings LLC
Warranty Deed
—
Sep 15, 2020
—
Tick Ridge Holdings LLC
Smithson Neil A Trust
Quit Claim Deed
related
—
Jun 3, 2020
—
Smithson,neil A Trust
Neil A Smithson
Quit Claim Deed
related
—
Nov 22, 2013
$125,000
Neil A Smithson
Pudsey,richard F & Susan C
Warranty Deed
—
Jun 26, 2013
$119,500
Richard F Pudsey
Jackowski,james
Warranty Deed
—
Sep 30, 2011
$87,500
James Jackowski
Ousley,mitchell
Warranty Deed
—
Nov 5, 2010
$100,000
Mitchell Ousley
1816 Dixie LLC
Warranty Deed
$80,000 · Regions Bank
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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