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Property profile & analytics
OFF-MARKET
Estimated value
$2,925,000
Warehouses
1840 29th St 1862 Oakland Park, FL 33311-2124
Entity Owned
1-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US19-0451795
Property profile
Verified
Property type
Warehouses
Use group
WAREHOUSE, STORAGE
Year built
1972
Construction
CONCRETE
Total area
9,000 SF
Lot
0.6 ac (26,016 SF)
Zoning code
I-1
APN
49-42-28-17-0200
UPID
US19-0451795
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
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$2.97M
CAP Approach
CAP
$2.30M
Comparable Approach
Comparable
$2.97M
Blend (final)
Blend
$2.93M
Owner & transaction history
Tsc 1840 LLC · 1 yrs held
Tsc 1840 LLC
since 2025
Last sale
$3.8M
7 recorded transactions
Zoning & alternative use
I-1 · Oakland Park, FL
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Industrial (general)
$4.2M
+102.4%
Medical building
$4.2M
+100.8%
Commercial (general)
$2.4M
+15.3%
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 Oakland Park submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Oakland Park 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
$2,745,000
ML approach
$2,970,000
CAP Approach
CAP Return
Estimation
6%
$2,490,000
6.5%
$2,300,000
7%
$2,135,000
Alternative Use
Use
Estimation
WAREHOUSE, STORAGE
$2,090,000
Current use
INDUSTRIAL (GENERAL)
$4,230,000
Change: +102% · Conversion: Easy
MEDICAL BUILDING
$4,195,000
Change: +101% · Conversion: Difficult
COMMERCIAL (GENERAL)
$2,410,000
Change: +15% · Conversion: Difficult
RETAIL STORES
$2,260,000
Change: +8% · Conversion: Moderate
Blend value · Realmo final
$2.93M
Range $2.63M – $3.22M · ±10% · vs last sale $3.83M (Jan 16 2025)
Last sale anchor
$3.83M
Jan 16 2025
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
$325 / 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
$46,069
Tax year 2023
Assessed value
$2,088,210
Assessed 2023
Previous assessed
$1,902,090
+9.8% YoY
Effective rate
2.21%
On assessed value
Assessed land
$234,140
Assessed improvement
$1,854,070
Land market value
$234,140
Improvement market value
$1,854,070
Total market value
$2,088,210
Applied tax rate
1,712.0000
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
Warehouses
Use group
WAREHOUSE, STORAGE
Status
Off-Market
Year built
1972
Construction
CONCRETE
Heating
NONE
Cooling
YES
Buildings
2
Stories
1
Bathrooms
12
Total area
9,000 SF
Lot
0.6 ac (26,016 SF)
Zoning code
I-1
APN
49-42-28-17-0200
UPID
US19-0451795
Jurisdiction
BROWARD
Metro division
FORT LAUDERDALE-POMPANO BEACH-DEERFIELD BEACH, FL METROPOLITAN DIVISION
Zoning & alternative use
I-1 · Oakland Park, FL
Zoning I-1 · permitted uses
I-1 · Oakland Park, FL
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Oakland Park. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
WAREHOUSE, STORAGE Current
Est. value
$2.1M
INDUSTRIAL (GENERAL)
Est. value
$4.2M
MEDICAL BUILDING
Est. value
$4.2M
COMMERCIAL (GENERAL)
Est. value
$2.4M
RETAIL STORES
Est. value
$2.3M
WAREHOUSE, STORAGE Current
INDUSTRIAL (GENERAL)
MEDICAL BUILDING
COMMERCIAL (GENERAL)
RETAIL STORES
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
1972
Construction
CONCRETE
Heating
NONE
Cooling
Yes
Stories
1
Buildings
2
Bathrooms
12
Lot
0.6 ac
Current owner
From public records · entity-resolved
Tsc 1840 LLC
Entity
Mailing address
9601 COLLINS AVEPH307, BAL HARBOUR, FL 33154-2209
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
Apr 16, 2025
$3,830,000
Tsc 1840 LLC
Ljr1840 LLC
Special Warranty Deed
$1,000,000 · Bh 1840 LLC
Jun 8, 2022
$3,240,700
Ljr 1840 LLC
1840 Florida Property LP
Special Warranty Deed
—
Feb 5, 2018
$1,550,000
1840 Florida Property LP
Kr Investments LLC
Warranty Deed
$1,700,000 · Floridian Cmnty Bk
Sep 23, 2004
$1,140,000
Kr Investments LLC
Andre Raymond Investments INC
Warranty Deed
$800,000 · Landmark Bank
Jan 20, 2004
$938,000
Andre Raymond Investments INC
V I P Investment Group INC
Grant Deed
$525,000 · Colonial Bank
Nov 4, 1999
$460,000
Herbert H Wollman
Wollman,luella L
Grant Deed
related
—
—
—
Kr Investments LLC
—
Deed Of Trust
related
$492,251 · Landmark Bank
—
—
Kr Investments LLC
—
Deed Of Trust
related
$89,000 · Us Small Business Admn
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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