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Property profile & analytics
OFF-MARKET
Estimated value
$9,385,000
Warehouses
3111 14th Ct Pompano Beach, FL 33069-4812
Entity Owned
4-yr Hold
Free & Clear
Property ID
US18-1650884
Property profile
Verified
Property type
Warehouses
Use group
MINI-WAREHOUSE, STORAGE
Year built
1977
Construction
CONCRETE
Total area
29,099 SF
Lot
1.36 ac (59,192 SF)
Zoning code
I-1
APN
49-42-04-05-0050
UPID
US18-1650884
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
-
Devon Self Storage Storage Facility
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$10.19M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$9.39M
Owner & transaction history
Mhc Ae 1 LLC · 4 yrs held
Mhc Ae 1 LLC
since 2021
Last sale
$8.7M
7 recorded transactions
Zoning & alternative use
I-1 · Pompano Beach, FL
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Commercial (general)
$15.3M
+86.3%
Industrial (general)
$13.2M
+60.2%
Office building
$11.6M
+40.7%
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 Pompano Beach submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Pompano Beach 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
$9,880,000
ML approach
$10,185,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
WAREHOUSE, STORAGE
$8,225,000
Current use
COMMERCIAL (GENERAL)
$15,320,000
Change: +86% · Conversion: Difficult
INDUSTRIAL (GENERAL)
$13,175,000
Change: +60% · Conversion: Easy
OFFICE BUILDING
$11,575,000
Change: +41% · Conversion: Difficult
MEDICAL BUILDING
$10,215,000
Change: +24% · Conversion: Difficult
Blend value · Realmo final
$9.39M
Range $8.45M – $10.32M · ±10% · vs last sale $8.74M (Dec 30 2021)
Last sale anchor
$8.74M
Dec 30 2021
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
$323 / 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
$63,989
Tax year 2023
Assessed value
$3,196,570
Assessed 2023
Previous assessed
$3,196,570
+0.0% YoY
Effective rate
2.00%
On assessed value
Assessed land
$473,540
Assessed improvement
$2,723,030
Land market value
$473,540
Improvement market value
$2,723,030
Total market value
$3,196,570
Applied tax rate
1,512.0000
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
MINI-WAREHOUSE, STORAGE
Status
Off-Market
Year built
1977
Construction
CONCRETE
Heating
NONE
Cooling
YES
Stories
1
Total area
29,099 SF
Lot
1.36 ac (59,192 SF)
Zoning code
I-1
APN
49-42-04-05-0050
UPID
US18-1650884
Jurisdiction
BROWARD
Metro division
FORT LAUDERDALE-POMPANO BEACH-DEERFIELD BEACH, FL METROPOLITAN DIVISION
Zoning & alternative use
I-1 · Pompano Beach, FL
Zoning I-1 · permitted uses
I-1 · Pompano Beach, FL
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Pompano Beach. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
WAREHOUSE, STORAGE Current
Est. value
$8.2M
COMMERCIAL (GENERAL)
Est. value
$15.3M
INDUSTRIAL (GENERAL)
Est. value
$13.2M
OFFICE BUILDING
Est. value
$11.6M
MEDICAL BUILDING
Est. value
$10.2M
WAREHOUSE, STORAGE Current
COMMERCIAL (GENERAL)
INDUSTRIAL (GENERAL)
OFFICE BUILDING
MEDICAL BUILDING
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
1977
Construction
CONCRETE
Heating
NONE
Cooling
Yes
Stories
1
Lot
1.36 ac
Current owner
From public records · entity-resolved
Mhc Ae 1 LLC
Entity
Free & Clear · 4 yrs held
Mailing address
PO BOX 3666, OAK BROOK, IL 60522-3666
Ownership since
2021
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
12 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Dec 30, 2021
$8,737,000
Mhc Ae 1 LLC
Mhccc 90 LLC
Special Warranty Deed
—
Aug 19, 2020
—
Mhc 90 Florida LLC
Mhc 3 Orlando Fl LLC
Quit Claim Deed
related
$323,850,000 · Jp Morgan Chase Bk
Apr 6, 2020
—
Mhc 3 Orlando Fl LLC
—
Deed
related
$59,544,000 · Jp Morgan Chase Bk
Jan 8, 2020
—
Mhc 3 Orlando Fl LLC
—
Loan Modification
related
$6,000,000 · Jp Morgan Chase Bk
Jul 10, 2019
—
Mhc 3 Orlando Fl LLC
—
Loan Modification
related
$31,954,000 · Jp Morgan Chase Bk
Jun 14, 2019
—
Mhc 3
—
Loan Modification
related
$350,000,000 · Jp Morgan Chase Bk
May 10, 2019
—
Mhc 3 Orlando Fl LLC
—
Loan Modification
related
$28,390,105 · Jp Morgan Chase Bk
Feb 7, 2019
—
Mhc 3 Orlando Fl LLC
—
Loan Modification
related
$19,410,105 · Jp Morgan Chase Bk
Jan 23, 2019
—
Mhc 3 Orlando Fl LLC
—
Loan Modification
related
$17,410,105 · Jp Morgan Chase Bk
Oct 10, 2018
$4,270,000
Mhc 3 Orlando Fl LLC
Midgard Storage LLC
Grant Deed
$48,320,000 · Jp Morgan Chase Bk
Jan 5, 2016
—
Midgard Storage LLC
Fort Knox Partners
Warranty Deed
related
$3,500,000 · Natixis R/e Cap
—
—
Mhc 3 Orlando Fl LLC
—
Loan Modification
related
$59,544,000 · Jp Morgan Chase Bk
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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