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Property profile & analytics
FOR LEASE
Manufacturing properties
3060 Southwest 2Nd Ave Fort Lauderdale, FL 33315
Entity Owned
4-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US18-0977543
For Lease
1 / 4
$15,135,000
3060 Southwest 2Nd Ave, Fort Lauderdale, FL 33315
View Listing →
Property profile
Verified
Property type
Manufacturing properties
Use group
MANUFACTURING (LIGHT)
Year built
1978
Construction
CONCRETE
Total area
44,176 SF
Lot
2.18 ac (95,000 SF)
Zoning code
I
APN
50-42-22-19-0260
UPID
US18-0977543
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
Current use
Occupant on record · Public records
-
CTS Engines Corporate Office Factory
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$9.69M
CAP Approach
CAP
$9.82M
Comparable Approach
Comparable
$15.44M
Blend (final)
Blend
$15.14M
Owner & transaction history
Ev 3000 LLC · 4 yrs held
Ev 3000 LLC
since 2022
Last sale
$14.9M
7 recorded transactions
Zoning & alternative use
I · Fort Lauderdale, FL
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description
/House of Worship CF-HS - Community Facility/House of Worship and School CF-S - Community Facility/ School CR - Commercial Recreation District GAA - General Aviation Airport District H-1 - Historic Preservation District I - General Industrial I-1 - County IOA - Intracoastal Overlook Area District M-3 - County MHP - Mobile Home Park NBRA - North Beach Residen…
Zone name
General Industrial
General category
INDUSTRIAL
Zone area
928.50 ac
Top alternative use upside
Commercial (general)
$22.9M
+10.2%
Office building
$20.9M
+0.8%
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
Method
Estimation
Statistic approach
$15,405,000
ML approach
$9,685,000
CAP Approach
CAP Return
Estimation
6%
$10,630,000
6.5%
$9,815,000
7%
$9,115,000
Alternative Use
Use
Estimation
INDUSTRIAL (GENERAL)
$20,760,000
Current use
COMMERCIAL (GENERAL)
$22,880,000
Change: +10% · Conversion: Difficult
OFFICE BUILDING
$20,915,000
Change: +1% · Conversion: Difficult
MEDICAL BUILDING
$20,585,000
Change: -1% · Conversion: Difficult
WAREHOUSE, STORAGE
$20,215,000
Change: -3% · Conversion: Easy
Blend value · Realmo final
$15.14M
Range $13.62M – $16.65M · ±10% · vs last sale $14.85M (Apr 6 2022)
Last sale anchor
$14.85M
Apr 6 2022
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
$343 / 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
$107,872
Tax year 2023
Assessed value
$5,092,720
Assessed 2023
Previous assessed
$4,844,460
+5.1% YoY
Effective rate
2.12%
On assessed value
Assessed land
$760,000
Assessed improvement
$4,332,720
Land market value
$760,000
Improvement market value
$4,332,720
Total market value
$5,092,720
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
Manufacturing properties
Use group
MANUFACTURING (LIGHT)
Status
For Lease
Year built
1978
Construction
CONCRETE
Heating
NONE
Cooling
YES
Buildings
2
Stories
1
Total area
44,176 SF
Lot
2.18 ac (95,000 SF)
Zoning code
I
APN
50-42-22-19-0260
UPID
US18-0977543
Jurisdiction
BROWARD
Metro division
FORT LAUDERDALE-POMPANO BEACH-DEERFIELD BEACH, FL METROPOLITAN DIVISION
Zoning & alternative use
I · Fort Lauderdale, FLZoning I · permitted uses
I · Fort Lauderdale, FL
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Zoning description
/House of Worship CF-HS - Community Facility/House of Worship and School CF-S - Community Facility/ School CR - Commercial Recreation District GAA - General Aviation Airport District H-1 - Historic Preservation District I - General Industrial I-1 - County IOA - Intracoastal Overlook Area District M-3 - County MHP - Mobile Home Park NBRA - North Beach Residential Area District NWRAC-MUe - North West Regional Activity Center-Mixed Use east
Zone name
General Industrial
General category
INDUSTRIAL
Zone area
928.50 ac
Alternative use value scenarios
Repositioning upside vs current use
INDUSTRIAL (GENERAL) Current
Est. value
$20.8M
COMMERCIAL (GENERAL)
Est. value
$22.9M
OFFICE BUILDING
Est. value
$20.9M
MEDICAL BUILDING
Est. value
$20.6M
WAREHOUSE, STORAGE
Est. value
$20.2M
INDUSTRIAL (GENERAL) Current
COMMERCIAL (GENERAL)
OFFICE BUILDING
MEDICAL BUILDING
WAREHOUSE, STORAGE
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
1978
Construction
CONCRETE
Heating
NONE
Cooling
Yes
Stories
1
Buildings
2
Lot
2.18 ac
Current owner
From public records · entity-resolved
Ev 3000 LLC
Entity
Mailing address
3323 NE 163RD ST STE #600, MIAMI, FL 33160-5598
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2022
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
8 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Apr 6, 2022
$14,850,000
Ev 3000 LLC
Apogee Investment Partners LLC
Special Warranty Deed
$9,312,500 · Synovus Bank
Jan 15, 2020
—
Complete Turbine Services LLC
—
Deed
related
$900,000,000 · Ally Bank
Dec 30, 2019
—
Apogee Investment Partners LLC
—
Grant Deed
related
$27,000,000 · Synovus Bk
May 11, 2018
—
Apogee Investment Partners LLC
—
Deed
related
$2,500,000 · Wfb NA
Dec 6, 2016
—
Complete Turbine Services LLC
—
Deed
related
$17,500 · Siemens Fin'l Svcs
May 3, 2011
$2,312,500
Apogee Investment Partners LLC
Guardian Fort Lauderdale Corp
Grant Deed
—
—
—
Complete Turbine Services LLC
—
Deed Of Trust
related
$17,500 · Siemens Fin'l Svcs
—
—
Apogee Investment Partners LLC
—
Deed Of Trust
related
$2,500,000 · Wfb 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.
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