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Property profile & analytics
OFF-MARKET
Estimated value
$1,145,000
Warehouses
2130 56th Ter West Park, FL 33023-3012
Entity Owned
Absentee Owner
Free & Clear
Property ID
US18-7933190
Property profile
Verified
Property type
Warehouses
Use group
WAREHOUSE, STORAGE
Year built
1963
Construction
CONCRETE
Total area
3,626 SF
Lot
0.19 ac (8,088 SF)
Zoning code
M-1
APN
51-41-24-03-1463
UPID
US18-7933190
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
$1.09M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$1.32M
Blend (final)
Blend
$1.15M
Owner & transaction history
Iron Eagle Property Group LLC
Iron Eagle Property Group LLC
since 2025
Last sale
$1.2M
7 recorded transactions
Zoning & alternative use
M-1 · West Park, FL
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zone name
Limited Manufacturing And Industrial Districts
General category
INDUSTRIAL
Zone area
16.71 ac
Source
Realmo
Top alternative use upside
Commercial (general)
$1.7M
+64.4%
Medical building
$1.3M
+24.0%
Office building
$1.1M
+6.6%
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 West Park submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs West 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
$1,090,000
ML approach
$1,090,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
WAREHOUSE, STORAGE
$1,025,000
Current use
COMMERCIAL (GENERAL)
$1,685,000
Change: +64% · Conversion: Difficult
MEDICAL BUILDING
$1,275,000
Change: +24% · Conversion: Difficult
OFFICE BUILDING
$1,095,000
Change: +7% · Conversion: Difficult
RETAIL STORES
$905,000
Change: -12% · Conversion: Moderate
Blend value · Realmo final
$1.15M
Range $1.03M – $1.26M · ±10% · vs last sale $1.20M (Jun 10 2025)
Last sale anchor
$1.20M
Jun 10 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
$316 / 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
$14,892
Tax year 2023
Assessed value
$677,190
Assessed 2023
Previous assessed
$677,190
+0.0% YoY
Effective rate
2.20%
On assessed value
Assessed land
$56,620
Assessed improvement
$620,570
Land market value
$56,620
Improvement market value
$620,570
Total market value
$677,190
Applied tax rate
3,513.0000
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
Warehouses
Use group
WAREHOUSE, STORAGE
Status
Off-Market
Year built
1963
Construction
CONCRETE
Heating
NONE
Stories
1
Total area
3,626 SF
Lot
0.19 ac (8,088 SF)
Zoning code
M-1
APN
51-41-24-03-1463
UPID
US18-7933190
Jurisdiction
BROWARD
Metro division
FORT LAUDERDALE-POMPANO BEACH-DEERFIELD BEACH, FL METROPOLITAN DIVISION
Zoning & alternative use
M-1 · West Park, FLZoning M-1 · permitted uses
M-1 · West Park, FL
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Zone name
Limited Manufacturing And Industrial Districts
General category
INDUSTRIAL
Zone area
16.71 ac
Source
Realmo
Alternative use value scenarios
Repositioning upside vs current use
WAREHOUSE, STORAGE Current
Est. value
$1.0M
COMMERCIAL (GENERAL)
Est. value
$1.7M
MEDICAL BUILDING
Est. value
$1.3M
OFFICE BUILDING
Est. value
$1.1M
RETAIL STORES
Est. value
$905,000
WAREHOUSE, STORAGE Current
COMMERCIAL (GENERAL)
MEDICAL BUILDING
OFFICE BUILDING
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
1963
Construction
CONCRETE
Heating
NONE
Stories
1
Lot
0.19 ac
Current owner
From public records · entity-resolved
Iron Eagle Property Group LLC
Entity
Free & Clear · 0 yrs held
Mailing address
IS 1650TH NE 134TH ST STREET, NMB, FL 33181
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
7 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Sep 10, 2025
$1,200,000
Iron Eagle Property Group LLC
V & F Group LLC
Warranty Deed
—
Jan 29, 2024
$1,087,900
V & F Group LLC
Lilia C Navarro
Warranty Deed
—
Oct 7, 2021
$750,000
Lilia C Navarro
Aaa Property Management INC
Warranty Deed
$400,000 · Aaa Property Management INC
Dec 19, 2019
$511,429
Aaa Property Management INC
2130 Sw 56th Terrace LLC
Grant Deed
—
Dec 5, 2016
$367,500
2130 Sw 56th Terrace LLC
Brisgel,howard
Warranty Deed
$292,000 · Gibraltar Private Bk&tr Fsb
Apr 7, 2016
$150,000
Yuli Prizant
Ortiz,patricia
Warranty Deed
$100,000 · Patricia Ortiz
Apr 7, 2016
—
Patricia Ortiz
Nnn Management INC
Quit Claim 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.
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