2550 4th Ct Fort Lauderdale, FL 33311-8627
Entity Owned
3-yr Hold
Absentee Owner
~
Est. High Equity
Estimated value (blended)
$4.64M
Range $4.17M – $5.10M (±10%)
Implied cap rate
2.90%
In-place · NOI ÷ last sale
Property ID
US18-3348394
Property summary
AI-generated overview
This exceptional Class A industrial warehouse, located at 2550 NW 4th Ct, Fort Lauderdale, FL 33311, presents a compelling investment opportunity. The 13,058 square foot building, situated on a 16,930 square foot lot, boasts a 5.94% cap rate and a strong NOI of $312,000. Currently 100% occupied under a single tenant NNN lease, with a recent lease commencement date of July 1, 2023, and built in 1973 with renovations completed in 2011, this property offers significant long-term value. The building features 14-foot ceilings, one loading dock, and 16 parking spaces. The M-2 zoning provides flexibility for various uses. Recent improvements include a fresh exterior paint job, state-of-the-art 24-hour surveillance, updated tile flooring, upgraded offices, enhanced plumbing and electrical systems, and hurricane-proof windows. The property benefits from its strategic location, providing easy access to major interstates, Fort Lauderdale Airport, and Miami International Airport. The asking price is $5,250,000, representing a price per square foot of $402.05. The lease includes a 3% annual rent bump. This is a rare opportunity to acquire a high-performing, well-maintained industrial asset in a prime location.
Property profile
Verified
Property type
Distribution centers
Use group
DISTRIBUTION WAREHOUSE
Year built
1966
Construction
CONCRETE
Total area
8,160 SF
Lot
0.39 ac (16,930 SF)
Zoning code
M-2
APN
50-42-05-30-0160
UPID
US18-3348394
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
-
Solar Energy Company
-
Industrial Manufacturer Freight Service
-
Logistics Company Moving Company
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$5.01M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$4.64M
Owner & transaction history
since 2023
Last sale
$4.8M
7 recorded transactions
Zoning & alternative use
M-2 · Fort Lauderdale, FL
Top alternative use upside
Restaurant
$7.0M
+267.9%
Auto repair, garage
$6.6M
+249.1%
Neighborhood: shopping center
$6.1M
+224.2%
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
Value estimation
Instant AI valuation built from comps, income signals, and proprietary benchmarks. A defensible range, not a single guess.
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Full NOI reconstruction, selected comps, alternative-use scenarios, data audit and PDF export.
All 14 comparables with addresses
5 alternative uses screened
Sensitivity value band
Source audit · 10 inputs
PDF export
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Summary
1
Valuation conclusion
Included free
Estimated market value
$4.64M
Value range
$4.17M – $5.10M
±10% around blend
Estimated value / SF
$568 / SF
Confidence
High
14 county-verified comps
Property data
88
Market benchmarks
100
Comparable evidence
100
$4.17M
blend $4.64M
$5.10M
Market-derived valuation under stabilized market assumptions. Desktop analysis. No physical inspection performed.
2
Subject property
Included free
GBA
8,160 SF
Lot area
0.39 ac
Year built
1966
Stories
1
APN
50-42-05-30-0160
Assessed value
$1,418,090
Annual tax
$22,297
3
Income approach: direct capitalization
Partial preview
Not enough income data on file for a CAP-approach estimation.
4
Sales comparison
Partial preview
Sales approach indication
$1.83M
Weighted, 14 comps · high confidence
Evidence
14 found · 6 selected
County-verified recorded sales
Comparable
Sale dateSale price$ / SF
1.5 mi away · 10,000 SF
1.9 mi away · 8,019 SF
3.3 mi away · 5,847 SF
3.6 mi away · 6,400 SF
3.7 mi away · 9,660 SF
5
Sensitivity & risk
Partial preview
Downside
−10%
Base
$4.64M
Upside
+10%
Bounds of the ±10% band vs the blend — never simulated scenarios.
6
Current market position
Included free
Benchmark
Observed band ($/SF)AverageSubject delta
ZIP 86 sales
$232
+145%
Submarket 671 sales
$348
+63%
County 1610 sales
$325
+75%
Band = middle half (Q1–Q3) of recorded sale $/SF for this use type per geography; the diamond marks the subject at $568/SF. Delta below average reads as headroom. Source: Realmo CRE sales derivatives (county records).
7
Alternative use screening
Partial preview
Top alternative use
Restaurant
Gross theoretical uplift
+268%
vs current-use indication
Auto Repair, Garage
Neighborhood: Shopping Center
Industrial (general)
Medical Building
Values shown before conversion costs, entitlement costs, capital expenditures and stabilization risk.
8
Data & methodology
Included free
Building area
County record
Property tax
County record
Assessed value
County record
Zoning designation
Not available
Operating expenses
Not available
Market rent
Not available
Actual rent roll
Not available
Tenant leases
Not available
Physical condition
Not inspected
Conversion costs
Not available
Not analyzed due to unavailable source data: tenant leases, physical condition and capital
requirements were not available for this desktop analysis. Cost Approach excluded due to
availability of income evidence.
Automated valuation analysis, not a licensed appraisal. Figures are derived from public
records and proprietary models. Desktop analysis: no physical inspection, tenant leases or reported
property income. Verify with a licensed appraiser before transacting.
Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
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Full market tables, editable assumptions, comparable evidence, saved work and exports.
9-scenario matrix
Comparable evidence · 14 sales
Market rates by use type
PDF export
Analytics Standard · 5 reports
from $99/month
from $99/month
Overview
Implied cap rate
2.90%
Implied, in-place cap rate for this distribution centers
Estimated NOI ÷ last recorded sale. Refine with your own numbers in the full report.
NOI (est.)
$336k *
Last sale · Jul 2023
$4.80M
* derived from a real price signal at a 7% cap
Price sensitivity
The rate is the decision lever; valuation is the consequence.
Test a cap rate
Implied value$11.59M
Move the market yield to see immediate price impact.
Value / SF
$1,420
Vs. selected
Base
Derivation
NOI ÷ cap
Arithmetic over the derived NOI * — not market scenario modeling.
NOI × cap matrix
Preview
Preview of 9 modeled outcomes.
NOI
2.40%2.90%3.40%
$302k
$12.60M
$10.43M
$8.89M
$336k
$14.00M
$11.59M
$9.88M
$370k
$15.40M
$12.74M
$10.87M
NOI sensitivity ±10% across the selected-rate band (±0.5 pp) — derivation of the NOI above.
Comparable evidence
Partial preview
Recorded sales nearby
14 found
High confidence · county-verified
Closest comparable
$2.46M
1.3 mi · Jan 2026 · $246/SF
Property tax & assessments
Tax year 2023Property tax & assessments
Tax year 2023
Tax billed
$22,297
Tax year 2023
Assessed value
$1,418,090
Assessed 2023
Previous assessed
$1,349,830
+5.1% YoY
Effective rate
1.57%
On assessed value
Assessed land
$118,510
Assessed improvement
$1,299,580
Land market value
$118,510
Improvement market value
$1,299,580
Total market value
$1,418,090
Applied tax rate
12.0000
Automated cap rate analysis. Based on public records, market benchmarks and proprietary
models. Verify with a licensed professional before transacting.
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Distribution centers
Use group
DISTRIBUTION WAREHOUSE
Status
Off-Market
Year built
1966
Construction
CONCRETE
Heating
NONE
Cooling
YES
Buildings
2
Stories
1
Bathrooms
2
Total area
8,160 SF
Lot
0.39 ac (16,930 SF)
Zoning code
M-2
APN
50-42-05-30-0160
UPID
US18-3348394
Jurisdiction
BROWARD
Metro division
FORT LAUDERDALE-POMPANO BEACH-DEERFIELD BEACH, FL METROPOLITAN DIVISION
Zoning & alternative use
M-2 · Fort Lauderdale, FLZoning M-2 · permitted uses
M-2 · Fort Lauderdale, FL
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Alternative use value scenarios
Repositioning upside vs current use
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Building & site characteristics
From public records
Year built
1966
Construction
CONCRETE
Heating
NONE
Cooling
Yes
Stories
1
Buildings
2
Bathrooms
2
Lot
0.39 ac
Zoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
Zoning designation
County-recorded code
M-2
Jurisdiction
Fort Lauderdale, FL
Recorded code
M-2
Zoning Insight
What can be built and operated here — officially.
The district profile from the municipal source: what is on file for M-2 in Fort Lauderdale, FL.
What opens after registration
Zoning profile
2 official documentsVerified municipal sources with file download
Match provenanceAssignment basis, match tier and confidence
Private report access
See the official zoning profile for this address.
Registration is required before the official district profile is shown.
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Ownership Intelligence
Find the owner behind the property.
Unlock the evidence behind ownership: portfolio, transactions, debt and signals that help you decide who to contact next.
What opens after registration
Ownership report
Owner identityResolved entity and name variants
Portfolio holdingsLinked properties and estimated value
Deal signalsSell-side activity worth following
Debt & historyRecorded loans and transaction history
Private report access
See the ownership record for this address.
Registration is required before any owner information is shown.
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Owner of record and activity signals are derived from public records and modeled classifications.
They do not confirm beneficial ownership or intent to transact.
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