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Property profile & analytics
FOR LEASE
Automotive properties
2150 NE 7Th Ave Dania Beach, FL 33004
Entity Owned
Absentee Owner
Free & Clear
Property ID
US18-5165654
For Lease
1 / 10
$22,400,000
2150 NE 7Th Ave, Dania Beach, FL 33004
View Listing →
Property profile
Verified
Property type
Automotive properties
Use group
VEHICLE SALES, RENTALS
Year built
1995
Construction
CONCRETE
Total area
36,199 SF
Lot
9.69 ac (422,213 SF)
Zoning code
IRO
APN
50-42-26-38-0020
UPID
US18-5165654
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
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$25.20M
Blend (final)
Blend
$22.40M
Owner & transaction history
2150 Ne 7 Ave LLC
2150 Ne 7 Ave LLC
since 2025
Last sale
$21.0M
7 recorded transactions
Zoning & alternative use
IRO · Dania Beach, FL
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Restaurant
$30.5M
+12.7%
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 Dania Beach submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Dania Beach 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%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
AUTO REPAIR, GARAGE
$27,010,000
Current use
RESTAURANT
$30,450,000
Change: +13% · Conversion: Difficult
NEIGHBORHOOD: SHOPPING CENTER
$24,145,000
Change: -11% · Conversion: Difficult
Blend value · Realmo final
$22.40M
Range $20.16M – $24.64M · ±10% · vs last sale $21.00M (Dec 11 2025)
Last sale anchor
$21.00M
Dec 11 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
$619 / 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
$201,247
Tax year 2023
Assessed value
$8,641,120
Assessed 2023
Previous assessed
$8,382,290
+3.1% YoY
Effective rate
2.33%
On assessed value
Assessed land
$3,377,700
Assessed improvement
$5,263,420
Land market value
$3,377,700
Improvement market value
$5,263,420
Total market value
$8,641,120
Applied tax rate
413.0000
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
Automotive properties
Use group
VEHICLE SALES, RENTALS
Status
For Lease
Year built
1995
Construction
CONCRETE
Heating
NONE
Cooling
YES
Stories
2
Total area
36,199 SF
Lot
9.69 ac (422,213 SF)
Zoning code
IRO
APN
50-42-26-38-0020
UPID
US18-5165654
Jurisdiction
BROWARD
Metro division
FORT LAUDERDALE-POMPANO BEACH-DEERFIELD BEACH, FL METROPOLITAN DIVISION
Zoning & alternative use
IRO · Dania Beach, FL
Zoning IRO · permitted uses
IRO · Dania Beach, FL
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Dania Beach. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
AUTO REPAIR, GARAGE Current
Est. value
$27.0M
RESTAURANT
Est. value
$30.5M
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$24.1M
AUTO REPAIR, GARAGE Current
RESTAURANT
NEIGHBORHOOD: SHOPPING CENTER
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
1995
Construction
CONCRETE
Heating
NONE
Cooling
Yes
Stories
2
Lot
9.69 ac
Current owner
From public records · entity-resolved
2150 Ne 7 Ave LLC
Entity
Free & Clear · 0 yrs held
Mailing address
8501 WILLIAMS RD, ESTERO, FL 33928-3325
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
Dec 11, 2025
$21,000,000
2150 Ne 7 Ave LLC
The Hertz Corporation
Special Warranty Deed
—
Nov 24, 2021
—
The Hertz Corporation
—
Deed
related
$12,500,000 · Barclays Bank Plc
Nov 1, 2017
—
Hertz Corp
—
Grant Deed
related
$1,250,000,000 · Wells Fargo Bk
Jul 6, 2016
—
Hertz Corp
—
Deed
related
$2,400,000 · Barclays Bk/plc
Dec 30, 2005
—
Hertz Corp
—
Deed Of Trust
related
$56,210,000 · Deutsche Bank Ag Ny Branch
—
—
Hertz Corp
—
Deed Of Trust
related
$2,400,000 · Barclays Bk/plc
—
—
Hertz Corp
—
Loan Modification
related
$300,000,000 · Deutsche Bk Ag/ny Branch
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?”
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