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Property profile & analytics
OFF-MARKET
Estimated value
$2,560,000
Warehouses
3161 5th Ave Oakland Park, FL 33334-2123
Entity Owned
4-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US18-0298739
Property profile
Verified
Property type
Warehouses
Use group
MINI-WAREHOUSE, STORAGE
Year built
1966
Construction
CONCRETE
Total area
5,724 SF
Lot
0.52 ac (22,470 SF)
Zoning code
B-3
APN
49-42-23-05-6330
UPID
US18-0298739
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
$3.14M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$3.20M
Blend (final)
Blend
$2.56M
Owner & transaction history
Oakland 5 LLC · 4 yrs held
Oakland 5 LLC
since 2021
Last sale
$2.5M
6 recorded transactions
Zoning & alternative use
B-3 · Oakland Park, FL
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Commercial (general)
$3.0M
+40.7%
Industrial (general)
$2.7M
+27.6%
Medical building
$2.7M
+26.6%
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
$2,710,000
ML approach
$3,140,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
WAREHOUSE, STORAGE
$2,110,000
Current use
COMMERCIAL (GENERAL)
$2,965,000
Change: +41% · Conversion: Difficult
INDUSTRIAL (GENERAL)
$2,690,000
Change: +28% · Conversion: Easy
MEDICAL BUILDING
$2,665,000
Change: +27% · Conversion: Difficult
RETAIL STORES
$2,260,000
Change: +7% · Conversion: Moderate
Blend value · Realmo final
$2.56M
Range $2.30M – $2.82M · ±10% · vs last sale $2.45M (Dec 28 2021)
Last sale anchor
$2.45M
Dec 28 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
$447 / 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
$45,611
Tax year 2023
Assessed value
$2,081,800
Assessed 2023
Previous assessed
$2,081,800
+0.0% YoY
Effective rate
2.19%
On assessed value
Assessed land
$202,230
Assessed improvement
$1,879,570
Land market value
$202,230
Improvement market value
$1,879,570
Total market value
$2,081,800
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
MINI-WAREHOUSE, STORAGE
Status
Off-Market
Year built
1966
Construction
CONCRETE
Heating
NONE
Cooling
YES
Buildings
2
Stories
1
Total area
5,724 SF
Lot
0.52 ac (22,470 SF)
Zoning code
B-3
APN
49-42-23-05-6330
UPID
US18-0298739
Jurisdiction
BROWARD
Metro division
FORT LAUDERDALE-POMPANO BEACH-DEERFIELD BEACH, FL METROPOLITAN DIVISION
Zoning & alternative use
B-3 · Oakland Park, FL
Zoning B-3 · permitted uses
B-3 · 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
$2.1M
COMMERCIAL (GENERAL)
Est. value
$3.0M
INDUSTRIAL (GENERAL)
Est. value
$2.7M
MEDICAL BUILDING
Est. value
$2.7M
RETAIL STORES
Est. value
$2.3M
WAREHOUSE, STORAGE Current
COMMERCIAL (GENERAL)
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
1966
Construction
CONCRETE
Heating
NONE
Cooling
Yes
Stories
1
Buildings
2
Lot
0.52 ac
Current owner
From public records · entity-resolved
Oakland 5 LLC
Entity
Mailing address
7071 W COMMERCIAL BLVD STE 2A, LAUDERHILL, FL 33319-2143
Mailing matches property
Different — outreach signal
Owner-occupied
No
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
6 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Dec 28, 2021
$2,450,000
Oakland 5 LLC
Gpc Oakland Park LLC
Special Warranty Deed
$1,700,000 · Southstate Bank NA
Dec 27, 2019
$985,300
Gpc Oakland Park LLC
Jv Oakland Pk Ess-nyfl 5th
Grant Deed
—
Jun 3, 2019
$800,000
Ess-nyfl Jv 5th Ave Oakland Pk
Fl Storage 818 E Prospect Road
Grant Deed
—
May 22, 2014
$1,146,000
Fl Storage 818 E Prospect Road
Best Oakland South LLC
Warranty Deed
—
Jul 31, 2006
$881,800
Best Oakland South LLC
Do It Yourself Warehousing Ltd
Warranty Deed
—
Apr 1, 1971
$146,973
Do It Yourself Warehousing Ltd
Owner Name Unavailable
Warranty Deed
related
—
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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