Entity Owned 
For Sale
1 / 78
$12,040,000
2650 Bridge Way, Fort Lauderdale, FL 33314
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Property profile
Verified
Property type
Warehouses
Use group
WAREHOUSE, STORAGE
Year built
2021
Total area
95,123 SF
Lot
7.05 ac (307,285 SF)
Zoning code
RAC-RTE
APN
50-41-23-12-0041
UPID
US18-5787115
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Location
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$15.77M
Comparable Approach
Comparable
$8.34M
Blend (final)
Blend
$12.04M
Owner & transaction history
since 2025
2 recorded transactions
Zoning & alternative use
RAC-RTE · Davie, FL
Zoning description
It is the intent of thisdistrictto promoteregionallysignificant development that includes large-scale commercial development, and R&D that is complimentary to the educational and research institutions of the SFEC
General category
COMMERCIAL
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.
Unlock the complete Valuation workflow
Full NOI reconstruction, selected comps, alternative-use scenarios, data audit and PDF export.
All 4 comparables with addresses
Sensitivity value band
Source audit · 6 inputs
PDF export
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Summary
1
Valuation conclusion
Included free
Estimated market value
$12.04M
Value range
$10.84M – $13.24M
±10% around blend
Estimated value / SF
$127 / SF
Confidence
Low
4 county-verified comps
Property data
100
Market benchmarks
67
Comparable evidence
40
$10.84M
blend $12.04M
$13.24M
Market-derived valuation under stabilized market assumptions. Desktop analysis. No physical inspection performed.
2
Subject property
Included free
GBA
95,123 SF
Lot area
7.05 ac
Year built
2021
Stories
1
APN
50-41-23-12-0041
Zoning
RAC-RTE
Assessed value
$13,172,950
Annual tax
$292,649
3
Income approach: direct capitalization
Partial preview
Income approach indication
$15.77M
Direct capitalization · @ 6.5% CAP return
@ 6% CAP return
$17.08M
@ 6.5% CAP return
$15.77M
@ 7% CAP return
$14.64M
4
Sales comparison
Partial preview
Sales approach indication
$14.00M
Weighted, 4 comps · low confidence
Evidence
4 found · 4 selected
County-verified recorded sales
Comparable
Sale dateSale price$ / SF
7.6 mi away · 67,767 SF
13.8 mi away · 111,764 SF
17.2 mi away · 78,586 SF
5
Sensitivity & risk
Partial preview
Downside
−10%
Base
$12.04M
Upside
+10%
Bounds of the ±10% band vs the blend — never simulated scenarios.
6
Current market position
Included free
Benchmark
Observed band ($/SF)AverageSubject delta
Submarket 261 sales
$316
-60%
County 1610 sales
$325
-61%
Band = middle half (Q1–Q3) of recorded sale $/SF for this use type per geography; the diamond marks the subject at $127/SF. Delta below average reads as headroom. Source: Realmo CRE sales derivatives (county records).
7
Data & methodology
Included free
Building area
County record
Property tax
County record
Assessed value
County record
Zoning designation
County record
Operating expenses
Modeled
Market rent
Not available
Not analyzed due to unavailable source data: actual rent roll, tenant leases, physical condition and capital
requirements are outside a desktop analysis.
Cost Approach excluded: income and sales evidence cover the value conclusion.
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.
Unlock the complete Cap Rate workflow
Full market tables, editable assumptions, comparable evidence, saved work and exports.
9-scenario matrix
Comparable evidence · 4 sales
Market rates by use type
PDF export
Professional Plan · 30 reports
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Overview
No cap rate is computable for this property yet: no recorded sale, income signal or market-rate row for its use type.
Price sensitivity
The rate is the decision lever; valuation is the consequence.
Test a cap rate
Implied value$13.17M
Move the market yield to see immediate price impact.
Value / SF
$138
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
5.00%7.00%9.00%
$830k
$16.60M
$11.86M
$9.22M
$922k
$18.44M
$13.17M
$10.25M
$1.01M
$20.29M
$14.49M
$11.27M
NOI sensitivity ±10% across the 5 / 7 / 9% anchors — derivation of the NOI above.
Comparable evidence
Partial preview
Recorded sales nearby
4 found
Low confidence · county-verified
Closest comparable
$17.86M
5.8 mi · Nov 2025 · $161/SF
Property tax & assessments
Tax year 2023Property tax & assessments
Tax year 2023
Tax billed
$292,649
Tax year 2023
Assessed value
$13,172,950
Assessed 2023
Previous assessed
$12,751,750
+3.3% YoY
Effective rate
2.22%
On assessed value
Assessed land
$3,687,420
Assessed improvement
$9,485,530
Land market value
$3,687,420
Improvement market value
$9,485,530
Total market value
$13,172,950
Applied tax rate
2,412.0000
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
Warehouses
Use group
WAREHOUSE, STORAGE
Status
For Sale
Year built
2021
Heating
NONE
Stories
1
Total area
95,123 SF
Lot
7.05 ac (307,285 SF)
Zoning code
RAC-RTE
APN
50-41-23-12-0041
UPID
US18-5787115
Jurisdiction
BROWARD
Metro division
FORT LAUDERDALE-POMPANO BEACH-DEERFIELD BEACH, FL METROPOLITAN DIVISION
Zoning & alternative use
RAC-RTE · Davie, FLZoning RAC-RTE · permitted uses
RAC-RTE · Davie, FL
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Zoning description
It is the intent of thisdistrictto promoteregionallysignificant development that includes large-scale commercial development, and R&D that is complimentary to the educational and research institutions of the SFEC
General category
COMMERCIAL
Building & site characteristics
From public records
Year built
2021
Heating
NONE
Stories
1
Lot
7.05 ac
Zoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
Zoning designation
Matched to the official district catalog
RAC-RTE
COMMERCIAL
Jurisdiction
Davie, FL
Recorded code
RAC-RTE
Official district
RAC-RTE
Official district profile
What the municipal code says about RAC-RTE
Zoning description
It is the intent of thisdistrictto promoteregionallysignificant development that includes large-scale commercial development, and R&D that is complimentary to the educational and research institutions of the SFEC
General category
COMMERCIAL
Zoning Insight
What can be built and operated here — officially.
The district profile from the municipal source: what is on file for RAC-RTE in Davie, FL.
What opens after registration
Zoning profile
Official descriptionThe district text from the municipal code
District factsZone name, category and district area
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.
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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.
One complete report on every paid plan · 30 · 300 reports per month.
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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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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