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Property profile & analytics
FOR LEASE
Office buildings
1940 Harrison St Hollywood, FL 33020
Entity Owned
9-yr Hold
Property ID
US18-1441745
For Lease
1 / 87
$4,950,000
1940 Harrison St, Hollywood, FL 33020
View Listing →
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING (MULTI-STORY)
Year built
1964
Construction
CONCRETE
Total area
21,820 SF
Lot
0.22 ac (9,607 SF)
Zoning code
RC-2
APN
51-42-15-01-5190
UPID
US18-1441745
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
-
Spaceman Studios Recording Studio
-
Infinity Control Engineering, LLC Factory Industrial Manufacturer
-
Nueva Vida Therapy Medical Clinic
-
MIDI Development Construction Company General Contractor
-
Aesthetic Excellence Spa & Massage Center Alternative Medicine Practice
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$6.92M
Comparable Approach
Comparable
$3.77M
Blend (final)
Blend
$4.95M
Owner & transaction history
1940 Harrison Street LLC · 9 yrs held
1940 Harrison Street LLC
since 2017
7 recorded transactions
Zoning & alternative use
RC-2 · Hollywood, 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 Hollywood submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Hollywood 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
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
$7,490,000
6.5%
$6,915,000
7%
$6,420,000
Blend value · Realmo final
$4.95M
Range $4.46M – $5.45M · ±10%
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
$227 / 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
$70,552
Tax year 2023
Assessed value
$2,740,020
Assessed 2023
Previous assessed
$2,648,680
+3.4% YoY
Effective rate
2.57%
On assessed value
Assessed land
$336,250
Assessed improvement
$2,403,770
Land market value
$336,250
Improvement market value
$2,403,770
Total market value
$2,740,020
Applied tax rate
513.0000
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
Office buildings
Use group
OFFICE BUILDING (MULTI-STORY)
Status
For Lease
Year built
1964
Construction
CONCRETE
Heating
NONE
Cooling
YES
Stories
3
Bathrooms
2
Total area
21,820 SF
Lot
0.22 ac (9,607 SF)
Zoning code
RC-2
APN
51-42-15-01-5190
UPID
US18-1441745
Jurisdiction
BROWARD
Metro division
FORT LAUDERDALE-POMPANO BEACH-DEERFIELD BEACH, FL METROPOLITAN DIVISION
Zoning & alternative use
RC-2 · Hollywood, FL
Zoning RC-2 · permitted uses
RC-2 · Hollywood, FL
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Hollywood. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1964
Construction
CONCRETE
Heating
NONE
Cooling
Yes
Stories
3
Bathrooms
2
Lot
0.22 ac
Current owner
From public records · entity-resolved
1940 Harrison Street LLC
Entity
Mailing address
1940 HARRISON ST STE #303, HOLLYWOOD, FL 33020-5073
Ownership since
2017
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
12 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Sep 22, 2025
—
1940 Harrison Street LLC
—
Deed
related
$525,000 · Ispago LLC
Dec 12, 2022
—
1940 Harrison Street LLC
—
Deed
related
$1,930,000 · Pacific National Bank
May 4, 2020
—
1940 Harrison Street LLC
—
Deed
related
$1,960,000 · M & M Private Lndg
May 17, 2017
—
1940 Harrison Street LLC
Hanoy Holdings One INC
Warranty Deed
related
$3,200,000 · City Nat'l Bk/fl
Dec 3, 2015
$2,500,000
Hanoy Holdings One INC
1940 Harrison Office LLC
Grant Deed
related
—
Aug 6, 2012
$1,275,000
1940 Harrison Office LLC
Vfc Properties 4 LLC
Grant Deed
—
Aug 24, 2011
—
Vfc Partners 4 LLC
Vfc Partners 4 LLC
Quit Claim Deed
—
Jul 15, 2011
$1,967,200
Vfc Partners 4 LLC
1940 Harrison LLC
Grant Deed
—
Nov 4, 2004
$2,000,000
1940 Harrison LLC
Wh 142 LLC
Grant Deed
$1,425,000 · Intervest National Bank
Jul 18, 2000
$1,000,000
Wh 142 LLC
Bobmint INC
Grant Deed
$825,000 · Stancorp Mortgage Investors
—
—
1940 Harrison LLC
—
Deed Of Trust
related
$1,967,177 · Intervest National Bank
—
—
1940 Harrison Street LLC
—
Deed Of Trust
related
$1,960,000 · M & M Private Lndg
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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