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Property profile & analytics
FOR SALE
Industrial land
2598 NW 18Th Ct, Fort Lauderdale, FL 33311
Entity Owned
8-yr Hold
Absentee Owner
Free & Clear
Property ID
US18-5946194
For Sale
$4,975,000
2598 NW 18Th Ct, Fort Lauderdale, FL 33311
View Listing →
Property profile
Verified
Property type
Industrial land
Use group
INDUSTRIAL - VACANT LAND
Year built
1959
Total area
336 SF
Lot
2.52 ac (109,799 SF)
Zoning code
M-3
APN
49-42-28-00-0390
UPID
US18-5946194
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
by Request
Blend (final)
Blend
by Request
Owner & transaction history
Oakland 95 LLC · 8 yrs held
Oakland 95 LLC
since 2017
5 recorded transactions
Zoning & alternative use
M-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
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
—
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
$24,019
Tax year 2023
Assessed value
$1,317,590
Assessed 2023
Previous assessed
$1,317,590
+0.0% YoY
Effective rate
1.82%
On assessed value
Assessed land
$1,317,590
Land market value
$1,317,590
Total market value
$1,317,590
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
Industrial land
Use group
INDUSTRIAL - VACANT LAND
Status
For Sale
Year built
1959
Heating
NONE
Cooling
YES
Stories
1
Total area
336 SF
Lot
2.52 ac (109,799 SF)
Zoning code
M-3
APN
49-42-28-00-0390
UPID
US18-5946194
Jurisdiction
BROWARD
Metro division
FORT LAUDERDALE-POMPANO BEACH-DEERFIELD BEACH, FL METROPOLITAN DIVISION
Zoning & alternative use
M-3 · Fort Lauderdale, FL
Zoning M-3 · permitted uses
M-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
1959
Heating
NONE
Cooling
Yes
Stories
1
Lot
2.52 ac
Current owner
From public records · entity-resolved
Oakland 95 LLC
Entity
Free & Clear · 8 yrs held
Mailing address
1525 CLEVELAND ST, HOLLYWOOD, FL 33020-3231
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2017
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
5 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jun 10, 2019
—
Oakland 95 LLC
—
Deed
related
$500,000 · Belmont Barry J Trust (rt)
Oct 6, 2017
—
Oakland 95 LLC
Bs Toys LLC
Grant Deed
related
—
Sep 27, 2017
$1,200,000
Oakland 95 LLC
Bs Toys LLC
Trustees Deed
$1,100,000 · Cari Budish
Nov 16, 2016
—
Bs Toys LLC
Lapointe Richard & F Trust
Quit Claim Deed
related
—
—
—
Oakland 95 LLC
—
Deed Of Trust
related
$500,000 · Belmont Barry J Trust (rt)
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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