Back to Search
Property profile & analytics
FOR LEASE
Distribution centers
4200 N 29Th Ave Hollywood, FL 33020
Entity Owned
1-yr Hold
Absentee Owner
Free & Clear
Property ID
US18-3027999
For Lease
1 / 6
$12,880,000
4200 N 29Th Ave, Hollywood, FL 33020
View Listing →
Property profile
Verified
Property type
Distribution centers
Use group
DISTRIBUTION WAREHOUSE
Year built
1973
Construction
CONCRETE
Total area
76,433 SF
Lot
2.84 ac (123,569 SF)
Zoning code
IM-1
APN
51-42-04-04-0086
UPID
US18-3027999
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
-
Hollywood Mold removal Chief Hardware & Home Improvement Construction Company
-
Door Factory - Modern Interior Doors Hardware & Home Improvement
-
Snap One Partner Store Electronics & Wireless Store Big Box & Wholesale Store
-
AllNet Distributing Electronics Accessories Wholesaler
-
LabCorp Corporate Office Corporate Office
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$12.67M
Comparable Approach
Comparable
$17.83M
Blend (final)
Blend
$12.88M
Owner & transaction history
Spg M2 LLC · 1 yrs held
Spg M2 LLC
since 2025
4 recorded transactions
Zoning & alternative use
IM-1 · Hollywood, 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 Hollywood submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Hollywood 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
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
$13,720,000
6.5%
$12,665,000
7%
$11,760,000
Blend value · Realmo final
$12.88M
Range $11.59M – $14.17M · ±10%
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
$169 / 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
$175,178
Tax year 2023
Assessed value
$8,481,280
Assessed 2023
Previous assessed
$8,481,280
+0.0% YoY
Effective rate
2.07%
On assessed value
Assessed land
$988,550
Assessed improvement
$7,492,730
Land market value
$988,550
Improvement market value
$7,492,730
Total market value
$8,481,280
Applied tax rate
513.0000
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
For Lease
Year built
1973
Construction
CONCRETE
Heating
NONE
Cooling
YES
Stories
1
Total area
76,433 SF
Lot
2.84 ac (123,569 SF)
Zoning code
IM-1
APN
51-42-04-04-0086
UPID
US18-3027999
Jurisdiction
BROWARD
Metro division
FORT LAUDERDALE-POMPANO BEACH-DEERFIELD BEACH, FL METROPOLITAN DIVISION
Zoning & alternative use
IM-1 · Hollywood, FL
Zoning IM-1 · permitted uses
IM-1 · Hollywood, FL
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Hollywood. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1973
Construction
CONCRETE
Heating
NONE
Cooling
Yes
Stories
1
Lot
2.84 ac
Current owner
From public records · entity-resolved
Spg M2 LLC
Entity
Free & Clear · 1 yrs held
Mailing address
100 FRNT ST STE #350, CONSHOHOCKEN, PA 19428-2889
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2025
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
Apr 16, 2025
—
Spg M2 LLC
Spg Trust Corp
Deed
—
Jun 10, 2013
—
Spg M2 Trust
—
Loan Modification
related
$5,500,000 · Jackson National Life Ins Co
Nov 15, 2007
—
Spg Trust Corp
M2 Ent Management INC
Grant Deed
—
May 2, 1996
$2,450,000
M2 Ent Mgmt INC
Apog,krist E
Grant Deed
related
$1,875,000 · Family Bk/hallandale
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.
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
Full reports are paid
Unlock the full Property Analytics report
Start free for 7 days — no card required. Full owner contacts, all 4 valuations with methodology, refine flow, comparable adjustments, foot-traffic deep dive, export to PDF / CSV.
