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Property profile & analytics
OFF-MARKET
Estimated value
$18,155,000
Warehouses
2401 Broward Blvd Fort Lauderdale, FL 33312-1319
Entity Owned
3-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US18-5893449
Property profile
Verified
Property type
Warehouses
Use group
MINI-WAREHOUSE, STORAGE
Year built
2021
Total area
127,500 SF
Lot
1.76 ac (76,796 SF)
Zoning code
B-3
APN
50-42-05-50-0010
UPID
US18-5893449
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
-
Prime Storage Storage Facility
-
NewStar Dental Dental Office
-
Mattress Discount Furniture & Home Goods
-
LaVia Car Towings (Bike/Boat/Book/etc) Store Auto Parts Store
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$11.17M
CAP Approach
CAP
$23.23M
Comparable Approach
Comparable
$15.99M
Blend (final)
Blend
$18.16M
Owner & transaction history
Prime Storage Riverbend LLC · 3 yrs held
Prime Storage Riverbend LLC
since 2022
Last sale
$17.4M
7 recorded transactions
Zoning & alternative use
B-3 · Fort Lauderdale, 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 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
$23,745,000
ML approach
$11,165,000
CAP Approach
CAP Return
Estimation
6%
$25,170,000
6.5%
$23,230,000
7%
$21,575,000
Blend value · Realmo final
$18.16M
Range $16.34M – $19.97M · ±10% · vs last sale $17.40M (Nov 10 2022)
Last sale anchor
$17.40M
Nov 10 2022
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
$142 / 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
$331,000
Tax year 2023
Assessed value
$17,400,000
Assessed 2023
Previous assessed
$17,400,000
+0.0% YoY
Effective rate
1.90%
On assessed value
Assessed land
$1,382,330
Assessed improvement
$16,017,670
Land market value
$1,382,330
Improvement market value
$16,017,670
Total market value
$17,400,000
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
Warehouses
Use group
MINI-WAREHOUSE, STORAGE
Status
Off-Market
Year built
2021
Heating
NONE
Cooling
CENTRAL
Buildings
2
Stories
4
Units
963
Total area
127,500 SF
Lot
1.76 ac (76,796 SF)
Zoning code
B-3
APN
50-42-05-50-0010
UPID
US18-5893449
Jurisdiction
BROWARD
Metro division
FORT LAUDERDALE-POMPANO BEACH-DEERFIELD BEACH, FL METROPOLITAN DIVISION
Zoning & alternative use
B-3 · Fort Lauderdale, FL
Zoning B-3 · permitted uses
B-3 · Fort Lauderdale, FL
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Fort Lauderdale. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
2021
Heating
NONE
Cooling
Yes
Stories
4
Buildings
2
Units
963
Lot
1.76 ac
Current owner
From public records · entity-resolved
Prime Storage Riverbend LLC
Entity
Mailing address
85 RAILROAD PL, SARATOGA SPRINGS, NY 12866-2124
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2022
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
13 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Apr 17, 2026
—
Prime Storage Riverbend LLC
—
Deed
related
$69,000,000
Nov 10, 2022
$17,400,000
Prime Storage Riverbend LLC
Riverbend Storage Property LLC
Special Warranty Deed
$19,000,000 · Fidelity Bank NA
Jun 11, 2020
—
State Florida Dept Of Transportat
Riverbend Storage Property LLC
Warranty Deed
related
—
Feb 21, 2020
—
Riverbend Storage Property LLC
—
Deed
related
$10,384,160 · Centennial Bk
Mar 1, 2019
$2,500,000
Riverbend Storage Property LLC
Riverbend Broward LP
Grant Deed
related
—
Sep 6, 2017
—
Riverbend Master Assn INC
Riverbend Broward LP
Quit Claim Deed
related
—
Aug 2, 2017
—
Riverbend Master Assn INC
Riverbend Broward LP
Quit Claim Deed
related
—
Aug 2, 2017
$250,000
Aw Riverbend LLC
Riverbend Broward LP
Grant Deed
related
—
Jul 5, 2017
$10,400,000
Bridge Riverbend LLC
Riverbend Broward LP
Grant Deed
related
—
Mar 21, 2014
$5,900,000
Riverbend Broward LP
Eagle Fl I Spe LLC
Special Warranty Deed
$3,000,000 · Eastern Financial Mortgage Corporar
Aug 3, 2012
—
Eagle Fl I Spe LLC
Riverbend Corp Park Coc
Trustees Deed
related
—
—
—
Riverbend Broward LP
—
Deed Of Trust
related
$6,000,000 · Florida Cmnty Bk
—
—
Riverbend Storage Property LLC
—
Deed Of Trust
related
$10,384,160 · Centennial Bk
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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