Property profile

2670 29th Ter 2960 Lauderdale Lakes, FL 33311

OFF-MARKET
Warehouses
Property ID
US18-3179253
40,567 SF 4.75 ac lot Built 1985
Individually Owned 28-yr Hold Absentee Owner Free & Clear
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Property profile

Verified
Property type Warehouses
Use group WAREHOUSE, STORAGE
Year built 1985
Construction CONCRETE
Total area 40,567 SF
Lot 4.75 ac (207,081 SF)
Zoning code I-1
APN 49-42-29-27-0030
UPID US18-3179253

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
  • Warehouse & Storage
  • Building Supply Factory
  • Building Supply Factory

Location

2670 29th Ter, Unit 2960 Lauderdale Lakes, FL 33311-2058
Lauderdale Lakes metro Census 50800 MIAMI-FORT LAUDERDALE-MIAMI BEACH, FL METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
$10.37M
Comparable Approach Comparable
$12.74M
Blend (final) Blend
$10.03M

Owner & transaction history

since 1997
2 recorded transactions
2018
Price N/A
1997
$10.3M

Zoning & alternative use

I-1 · Lauderdale Lakes, FL
Zoning description

This district is primarily intended for the development of non-polluting light industry and complementary entities providing opportunities for vocational training, including cosmetology, barbering, healthservices, massag…

General category INDUSTRIAL
Top alternative use upside
Commercial (general) $10.9M +15.3%
Retail stores $10.2M +8.3%

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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