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Property profile & analytics
OFF-MARKET
Warehouses
409 Phippen Waiters Rd Dania Beach, FL 33004-4913
Entity Owned
1-yr Hold
Absentee Owner
Free & Clear
Property ID
US18-1935864
Property profile
Verified
Property type
Warehouses
Use group
WAREHOUSE, STORAGE
Year built
2008
Construction
CONCRETE
Total area
1,800 SF
Lot
0.17 ac (7,500 SF)
Zoning code
NBHD-MU
APN
51-42-03-35-0020
UPID
US18-1935864
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
-
Star Car Wraps Auto Repair Shop
-
American Star Construction Construction Company General Contractor
-
Victronics, Inc Construction Company General Contractor
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
by Request
Owner & transaction history
409 Phippen Rd LLC · 1 yrs held
409 Phippen Rd LLC
since 2024
Last sale
$215,000
7 recorded transactions
Zoning & alternative use
NBHD-MU · Dania Beach, 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 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
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
—
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
$7,287
Tax year 2023
Assessed value
$333,660
Assessed 2023
Previous assessed
$333,660
+0.0% YoY
Effective rate
2.18%
On assessed value
Assessed land
$45,000
Assessed improvement
$288,660
Land market value
$45,000
Improvement market value
$288,660
Total market value
$333,660
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
Warehouses
Use group
WAREHOUSE, STORAGE
Status
Off-Market
Year built
2008
Construction
CONCRETE
Heating
NONE
Buildings
2
Stories
1
Total area
1,800 SF
Lot
0.17 ac (7,500 SF)
Zoning code
NBHD-MU
APN
51-42-03-35-0020
UPID
US18-1935864
Jurisdiction
BROWARD
Metro division
FORT LAUDERDALE-POMPANO BEACH-DEERFIELD BEACH, FL METROPOLITAN DIVISION
Zoning & alternative use
NBHD-MU · Dania Beach, FL
Zoning NBHD-MU · permitted uses
NBHD-MU · 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.
Building & site characteristics
From public records
Year built
2008
Construction
CONCRETE
Heating
NONE
Stories
1
Buildings
2
Lot
0.17 ac
Current owner
From public records · entity-resolved
409 Phippen Rd LLC
Entity
Free & Clear · 1 yrs held
Mailing address
6235 SW 33RD ST, MIRAMAR, FL 33023-5005
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
8 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Aug 30, 2024
—
409 Phippen Rd LLC
American Star Construction INC
Quit Claim Deed
related
—
Mar 26, 2009
$215,000
American Star Construction INC
Herring,kevin JR
Warranty Deed
$155,000 · Salk Raquel Trust (pt)
Sep 23, 2005
$65,000
Kevin Herring JR.
Jahoda,bryan
Warranty Deed
$65,830 · Bryan Jahoda
Aug 18, 2005
—
Record Owner
Owner,record
Quit Claim Deed
related
—
Mar 9, 2005
$40,000
Bryan Jahoda
Gomez,plinio
Warranty Deed
$40,000 · Carl W II & Cynthia B Robinson
Jul 21, 2000
$3,700
Gtl Investments LP
Broward County Tax Deed Clerk
Grant Deed
—
—
—
Kevin Herring JR.
—
Deed Of Trust
related
$200,000 · Moris Salk Investment Trust
—
—
American Star Construction INC
—
Loan Modification
related
$137,495 · Salk Raquel Trust (rt)
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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