Back to Search
Property profile & analytics
OFF-MARKET
Estimated value
$785,000
Distribution centers
1816 Dixie Hwy Ste D3 Fort Lauderdale, FL 33305-3832
Entity Owned
3-yr Hold
Absentee Owner
Free & Clear
Property ID
US18-8949205
Property profile
Verified
Property type
Distribution centers
Use group
DISTRIBUTION WAREHOUSE
Year built
1952
Construction
CONCRETE
Total area
1,200 SF
Zoning code
RMM-25
APN
49-42-35-BM-0150
UPID
US18-8949205
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
$795k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$473k
Blend (final)
Blend
$785k
Owner & transaction history
Rjj Fl Landholdings LLC · 3 yrs held
Rjj Fl Landholdings LLC
since 2023
Last sale
$750,000
4 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
Top alternative use upside
Auto repair, garage
$975,000
+132.9%
Neighborhood: shopping center
$905,000
+116.2%
Commercial (general)
$620,000
+48.8%
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
Method
Estimation
Statistic approach
$850,000
ML approach
$795,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
AUTO REPAIR, GARAGE
$975,000
Change: +133% · Conversion: Easy
NEIGHBORHOOD: SHOPPING CENTER
$905,000
Change: +116% · Conversion: Moderate
COMMERCIAL (GENERAL)
$620,000
Change: +49% · Conversion: Difficult
OFFICE BUILDING
$570,000
Change: +36% · Conversion: Difficult
MEDICAL BUILDING
$560,000
Change: +34% · Conversion: Difficult
Blend value · Realmo final
$785k
Range $707k – $864k · ±10% · vs last sale $750k (Jun 9 2023)
Last sale anchor
$750k
Jun 9 2023
Realmo estimate · informational only.
These numbers are calculated by our models from public records and may not reflect actual market value.
Not an appraisal.
Verify with a licensed appraiser before transacting. Realmo accepts no liability for divergence from real-world outcomes.
View the full estimation — every method, every assumption
Confidence drivers & risk notes · Custom comparable set · Free for first 3 / day
Full estimation methodology
Every method · every assumption · confidence drivers
Price per SF
Sale + rent benchmarks
Subject property
$654 / 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
$4,087
Tax year 2023
Assessed value
$204,000
Assessed 2023
Previous assessed
$194,040
+5.1% YoY
Effective rate
2.00%
On assessed value
Assessed land
$20,400
Assessed improvement
$183,600
Land market value
$20,400
Improvement market value
$183,600
Total market value
$204,000
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
1,200 SF
Zoning code
RMM-25
APN
49-42-35-BM-0150
UPID
US18-8949205
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
Alternative use value scenarios
Repositioning upside vs current use
AUTO REPAIR, GARAGE
Est. value
$975,000
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$905,000
COMMERCIAL (GENERAL)
Est. value
$620,000
OFFICE BUILDING
Est. value
$570,000
MEDICAL BUILDING
Est. value
$560,000
AUTO REPAIR, GARAGE
NEIGHBORHOOD: SHOPPING CENTER
COMMERCIAL (GENERAL)
OFFICE BUILDING
MEDICAL BUILDING
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Alternative use deep dive
Conversion cost · permit path · stabilized NOI per option
Building & site characteristics
From public records
Year built
1952
Construction
CONCRETE
Heating
NONE
Bathrooms
1
Current owner
From public records · entity-resolved
Rjj Fl Landholdings LLC
Entity
Free & Clear · 3 yrs held
Mailing address
2034 ROCKLEDGE RD NE, ATLANTA, GA 30324-4123
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2023
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
4 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jun 9, 2023
$750,000
Rjj Fl Landholdings LLC
Paro Decision Support LLC
Warranty Deed
—
Oct 16, 2020
$240,000
Paro Decision Support LLC
Scott M Leitz
Warranty Deed
—
Dec 11, 2012
$250,000
Scott M Leitz
Dixie Hwy Property INC
Warranty Deed
$250,000 · Dixie Hwy Property INC
Sep 5, 2008
$341,900
Dixie Hwy Property INC
1816 Dixie LLC
Grant Deed
related
—
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
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 1816 Dixie Hwy Ste D3?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
List this address →
Full reports are paid
Unlock the full Property Analytics report
Start free for 7 days — no card required. Full owner contacts, all 4 valuations with methodology, refine flow, comparable adjustments, foot-traffic deep dive, export to PDF / CSV.
