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Property profile & analytics
OFF-MARKET
Estimated value
$4,670,000
Distribution centers
35 12th Ave Ste 104 Dania Beach, FL 33004-3530
Entity Owned
2-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US18-5271675
Property profile
Verified
Property type
Distribution centers
Use group
DISTRIBUTION WAREHOUSE
Year built
2005
Construction
CONCRETE
Total area
5,040 SF
Lot
0.12 ac (5,040 SF)
Zoning code
I-G
APN
50-42-33-AA-0280
UPID
US18-5271675
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
$4.67M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$4.67M
Owner & transaction history
Oliveira Holding Group LLC · 2 yrs held
Oliveira Holding Group LLC
since 2024
Last sale
$4.7M
4 recorded transactions
Zoning & alternative use
I-G · Dania Beach, FL
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Restaurant
$4.2M
+234.2%
Auto repair, garage
$3.8M
+196.5%
Neighborhood: shopping center
$3.4M
+165.0%
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 Dania Beach submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Dania 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
$4,670,000
ML approach
$4,670,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
RESTAURANT
$4,240,000
Change: +234% · Conversion: Difficult
AUTO REPAIR, GARAGE
$3,760,000
Change: +197% · Conversion: Easy
NEIGHBORHOOD: SHOPPING CENTER
$3,360,000
Change: +165% · Conversion: Moderate
Blend value · Realmo final
$4.67M
Range $4.20M – $5.14M · ±10% · vs last sale $4.67M (Mar 6 2024)
Last sale anchor
$4.67M
Mar 6 2024
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
$927 / 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
$20,970
Tax year 2023
Assessed value
$1,011,520
Assessed 2023
Previous assessed
$1,011,520
+0.0% YoY
Effective rate
2.07%
On assessed value
Assessed land
$101,150
Assessed improvement
$910,370
Land market value
$101,150
Improvement market value
$910,370
Total market value
$1,011,520
Applied tax rate
413.0000
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
Distribution centers
Use group
DISTRIBUTION WAREHOUSE
Status
Off-Market
Year built
2005
Construction
CONCRETE
Heating
NONE
Bathrooms
2
Total area
5,040 SF
Lot
0.12 ac (5,040 SF)
Zoning code
I-G
APN
50-42-33-AA-0280
UPID
US18-5271675
Jurisdiction
BROWARD
Metro division
FORT LAUDERDALE-POMPANO BEACH-DEERFIELD BEACH, FL METROPOLITAN DIVISION
Zoning & alternative use
I-G · Dania Beach, FL
Zoning I-G · permitted uses
I-G · Dania Beach, FL
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Dania Beach. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
RESTAURANT
Est. value
$4.2M
AUTO REPAIR, GARAGE
Est. value
$3.8M
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$3.4M
RESTAURANT
AUTO REPAIR, GARAGE
NEIGHBORHOOD: SHOPPING CENTER
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
2005
Construction
CONCRETE
Heating
NONE
Bathrooms
2
Lot
0.12 ac
Current owner
From public records · entity-resolved
Oliveira Holding Group LLC
Entity
Mailing address
7083 CRES CRK LN, COCONUT CREEK, FL 33073-3150
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2024
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
4 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Mar 6, 2024
$4,672,100
Oliveira Holding Group LLC
Dania Beach Management Group LLC
Warranty Deed
$3,971,000 · First Citizens Bank & Trust Co
Jun 6, 2016
$3,443,100
Dania Beach Mgmt Group LLC
Spin Realty LLC
Trustees Deed
$1,745,500 · Bank Of America
May 31, 2006
$5,183,100
Spin Realty LLC
Dania Distribution Centre Ltd
Grant Deed
$4,150,000 · Wachovia Bank NA
—
—
Dania Beach Mgmt Group LLC
—
Deed Of Trust
related
$1,745,500 · Bank Of America
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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