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Property profile & analytics
FOR SALE
Retail space
2420 NW 19Th St Fort Lauderdale, FL 33311
Entity Owned
4-yr Hold
~
Est. High Equity
Property ID
US18-7706172
For Sale
1 / 2
$1,150,000
2420 NW 19Th St, Fort Lauderdale, FL 33311
View Listing →
Property profile
Verified
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Year built
1984
Construction
CONCRETE
Total area
2,307 SF
Lot
0.16 ac (7,081 SF)
Zoning code
CB
APN
49-42-32-12-0510
UPID
US18-7706172
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
-
Krispy Krunchy Chicken Restaurant
-
Primo's Stop Grocery & Convenience Store Food Market
-
LibertyX Bitcoin ATM Atm
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$905k
CAP Approach
CAP
$630k
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$850k
Owner & transaction history
The Devine Touch Investments INC · 4 yrs held
The Devine Touch Investments INC
since 2022
Last sale
$950,000
7 recorded transactions
Zoning & alternative use
CB · Fort Lauderdale, FL
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Medical building
$1.1M
+85.4%
Commercial (general)
$620,000
+6.5%
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
$805,000
ML approach
$905,000
CAP Approach
CAP Return
Estimation
6%
$685,000
6.5%
$630,000
7%
$585,000
Alternative Use
Use
Estimation
RETAIL STORES
$580,000
Current use
MEDICAL BUILDING
$1,075,000
Change: +85% · Conversion: Difficult
COMMERCIAL (GENERAL)
$620,000
Change: +7% · Conversion: Easy
OFFICE BUILDING
$575,000
Change: -1% · Conversion: Easy
WAREHOUSE, STORAGE
$535,000
Change: -8% · Conversion: Difficult
Blend value · Realmo final
$850k
Range $765k – $935k · ±10% · vs last sale $950k (May 25 2022)
Last sale anchor
$950k
May 25 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
$368 / 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
$8,138
Tax year 2023
Assessed value
$348,650
Assessed 2023
Previous assessed
$348,650
+0.0% YoY
Effective rate
2.33%
On assessed value
Assessed land
$56,650
Assessed improvement
$292,000
Land market value
$56,650
Improvement market value
$292,000
Total market value
$348,650
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
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Status
For Sale
Year built
1984
Construction
CONCRETE
Heating
NONE
Cooling
YES
Stories
1
Bathrooms
1
Total area
2,307 SF
Lot
0.16 ac (7,081 SF)
Zoning code
CB
APN
49-42-32-12-0510
UPID
US18-7706172
Jurisdiction
BROWARD
Metro division
FORT LAUDERDALE-POMPANO BEACH-DEERFIELD BEACH, FL METROPOLITAN DIVISION
Zoning & alternative use
CB · Fort Lauderdale, FL
Zoning CB · permitted uses
CB · 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.
Alternative use value scenarios
Repositioning upside vs current use
RETAIL STORES Current
Est. value
$580,000
MEDICAL BUILDING
Est. value
$1.1M
COMMERCIAL (GENERAL)
Est. value
$620,000
OFFICE BUILDING
Est. value
$575,000
WAREHOUSE, STORAGE
Est. value
$535,000
RETAIL STORES Current
MEDICAL BUILDING
COMMERCIAL (GENERAL)
OFFICE BUILDING
WAREHOUSE, STORAGE
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
1984
Construction
CONCRETE
Heating
NONE
Cooling
Yes
Stories
1
Bathrooms
1
Lot
0.16 ac
Current owner
From public records · entity-resolved
The Devine Touch Investments INC
Entity
Mailing address
4987 N UNIVERSITY DR22A, LAUDERHILL, FL 33351-4506
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
7 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jul 22, 2025
—
The Devine Touch Investments INC
—
Deed
related
$1,754,370 · Trius Lending Partners Reit I LLC
May 25, 2022
$950,000
The Devine Touch Investments INC
Persaud USA Property Holdings LLC
Warranty Deed
—
Oct 14, 2021
—
Persaud USA Property Holdings LLC
—
Deed
related
$611,000 · Benworfh Capital Partners LLC
May 15, 2018
$700,000
Persaud USA Prop Hldgs LLC
Persaud,darmindra
Quit Claim Deed
related
$420,000 · Star Fndg
Apr 18, 2016
—
Darmindra Persaud
Tularam-persaud,devi
Quit Claim Deed
related
$400,000 · Benworth Cap Ptrs
Jul 14, 2010
$245,000
Devi T Persaud
Wiggan,rueban
Warranty Deed
$165,000 · Rueban Wiggan
—
—
Rueben A Wiggan
—
Deed Of Trust
related
$20,000 · Individual
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
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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