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Property profile & analytics
FOR SALE
Warehouses
3034 NE 12Th Ter, Oakland Park, FL 33334
Entity Owned
Absentee Owner
~
Est. High Equity
Property ID
US18-1419460
For Sale
1 / 9
$1,550,000
3034 NE 12Th Ter, Oakland Park, FL 33334
View Listing →
Property profile
Verified
Property type
Warehouses
Use group
WAREHOUSE, STORAGE
Year built
1954
Construction
CONCRETE
Total area
5,867 SF
Lot
0.26 ac (11,420 SF)
Zoning code
WF
APN
49-42-26-20-0100
UPID
US18-1419460
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
$1.50M
Comparable Approach
Comparable
$1.97M
Blend (final)
Blend
$1.77M
Owner & transaction history
Brbs LLC
Brbs LLC
since 2026
Last sale
$1.8M
5 recorded transactions
Zoning & alternative use
WF · Oakland Park, FL
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Industrial (general)
$2.8M
+27.6%
Medical building
$2.7M
+26.6%
Retail stores
$2.3M
+7.3%
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 Oakland Park submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Oakland Park 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
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
$1,625,000
6.5%
$1,500,000
7%
$1,390,000
Alternative Use
Use
Estimation
WAREHOUSE, STORAGE
$2,160,000
Current use
INDUSTRIAL (GENERAL)
$2,755,000
Change: +28% · Conversion: Easy
MEDICAL BUILDING
$2,735,000
Change: +27% · Conversion: Difficult
RETAIL STORES
$2,320,000
Change: +7% · Conversion: Moderate
Blend value · Realmo final
$1.77M
Range $1.59M – $1.95M · ±10% · vs last sale $1.80M (Mar 17 2023)
Last sale anchor
$1.80M
Mar 17 2023
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
$302 / 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
$13,871
Tax year 2023
Assessed value
$669,080
Assessed 2023
Previous assessed
$669,080
+0.0% YoY
Effective rate
2.07%
On assessed value
Assessed land
$102,780
Assessed improvement
$566,300
Land market value
$102,780
Improvement market value
$566,300
Total market value
$669,080
Applied tax rate
1,712.0000
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
Warehouses
Use group
WAREHOUSE, STORAGE
Status
For Sale
Year built
1954
Construction
CONCRETE
Heating
NONE
Cooling
YES
Stories
1
Total area
5,867 SF
Lot
0.26 ac (11,420 SF)
Zoning code
WF
APN
49-42-26-20-0100
UPID
US18-1419460
Jurisdiction
BROWARD
Metro division
FORT LAUDERDALE-POMPANO BEACH-DEERFIELD BEACH, FL METROPOLITAN DIVISION
Zoning & alternative use
WF · Oakland Park, FL
Zoning WF · permitted uses
WF · Oakland Park, FL
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Oakland Park. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
WAREHOUSE, STORAGE Current
Est. value
$2.2M
INDUSTRIAL (GENERAL)
Est. value
$2.8M
MEDICAL BUILDING
Est. value
$2.7M
RETAIL STORES
Est. value
$2.3M
WAREHOUSE, STORAGE Current
INDUSTRIAL (GENERAL)
MEDICAL BUILDING
RETAIL STORES
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
1954
Construction
CONCRETE
Heating
NONE
Cooling
Yes
Stories
1
Lot
0.26 ac
Current owner
From public records · entity-resolved
Brbs LLC
Entity
Mailing address
3016 NE 12TH TER, OAKLAND PARK, FL 33334-4403
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2026
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
May 7, 2026
$1,349,000
Brbs LLC
3034 Seafood LLC
Warranty Deed
—
Mar 17, 2023
$1,800,000
Bepastry Group LLC
3016 Oakland LLC
Warranty Deed
—
Feb 5, 2008
$625,000
3034 Seafood LLC
Owner,record
Warranty Deed
related
—
Nov 3, 1997
$235,000
Fivebro Investments INC
Bierbower,william J & Bonnie R
Grant Deed
$240,000 · Suntrust Bank South Florida
—
—
Fivebro Investments INC
—
Deed Of Trust
related
$320,000 · Wachovia Bank NA
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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