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Property profile & analytics
OFF-MARKET
Estimated value
$1,260,000
Auto shops
3700 Broward Blvd Fort Lauderdale, FL 33312-1016
Individually Owned
4-yr Hold
~
Est. High Equity
Property ID
US18-1925928
Property profile
Verified
Property type
Auto shops
Use group
AUTO REPAIR, GARAGE
Year built
1969
Construction
CONCRETE
Total area
8,848 SF
Lot
0.97 ac (42,342 SF)
Zoning code
B-HC
APN
50-42-07-06-0050
UPID
US18-1925928
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
-
Arctic Auto Center Auto Repair Shop
-
U-Haul Neighborhood Dealer Car Rental Facility
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$1.34M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$1.27M
Blend (final)
Blend
$1.26M
Owner & transaction history
Michael William Chase · 4 yrs held
Michael William Chase
since 2022
Last sale
$1.1M
7 recorded transactions
Zoning & alternative use
B-HC · Fort Lauderdale, FL
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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
$1,500,000
ML approach
$1,335,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$1.26M
Range $1.13M – $1.39M · ±10% · vs last sale $1.10M (May 3 2022)
Last sale anchor
$1.10M
May 3 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
$142 / 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
$26,971
Tax year 2023
Assessed value
$1,189,070
Assessed 2023
Previous assessed
$1,128,180
+5.4% YoY
Effective rate
2.27%
On assessed value
Assessed land
$508,100
Assessed improvement
$680,970
Land market value
$508,100
Improvement market value
$680,970
Total market value
$1,189,070
Applied tax rate
2,212.0000
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
Auto shops
Use group
AUTO REPAIR, GARAGE
Status
Off-Market
Year built
1969
Construction
CONCRETE
Heating
NONE
Cooling
YES
Stories
1
Bathrooms
2
Total area
8,848 SF
Lot
0.97 ac (42,342 SF)
Zoning code
B-HC
APN
50-42-07-06-0050
UPID
US18-1925928
Jurisdiction
BROWARD
Metro division
FORT LAUDERDALE-POMPANO BEACH-DEERFIELD BEACH, FL METROPOLITAN DIVISION
Zoning & alternative use
B-HC · Fort Lauderdale, FL
Zoning B-HC · permitted uses
B-HC · Fort Lauderdale, FL
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Fort Lauderdale. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1969
Construction
CONCRETE
Heating
NONE
Cooling
Yes
Stories
1
Bathrooms
2
Lot
0.97 ac
Current owner
From public records · entity-resolved
Michael William Chase
Individual
Mailing address
1260 NW 116TH AVE, PLANTATION, FL 33323-2447
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
10 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Aug 1, 2025
—
Michael And Grace Chase Frt
—
Deed
related
$1,275,000 · Locality Bank
May 3, 2022
—
Michael William Chase
Michael Chase
Intrafamily Transfer
related
—
Nov 9, 2018
—
Michael Chase
—
Deed
related
$1,479,000 · Bankunited Fsb
Aug 7, 2018
—
Michael Chase
—
Deed
related
$1,479,000 · Bankunited Fsb
Jul 12, 2017
—
Michael Chase
—
Deed
related
$1,300,000 · Torres Ptshp Ltd
Sep 12, 2007
$1,100,000
Michael Chase
Torres Ptshp Ltd
Warranty Deed
$2,800,000 · Big Brother Bail Bonds
—
—
Michael Chase
—
Deed Of Trust
related
$1,479,000 · Bankunited Fsb
—
—
Michael Chase
—
Deed Of Trust
related
$1,151,347 · Torres Ptshp Ltd
—
—
Michael Chase
—
Loan Modification
related
$1,300,000 · Torres Ptshp Ltd
—
—
Michael Chase
—
Deed Of Trust
related
$1,479,000 · Bankunited Fsb
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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