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Property profile & analytics
OFF-MARKET
Estimated value
$505,000
Industrial land
4600 44th Ave Fort Lauderdale, FL 33314-4741
Entity Owned
10-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US18-5350443
Property summary
AI-generated overview
This exceptional 3.47-acre industrial land parcel presents a rare development opportunity in Fort Lauderdale, Florida. Located in Broward County, at 4600 SW 44th Ave, zip code 33314, the property boasts I-G (General Industrial) zoning, allowing for a potential 64,962 square foot small bay industrial facility. Its strategic location just north of Griffin Road offers unparalleled access to major transportation arteries, including I-95, I-595, and the Florida Turnpike, ensuring seamless connectivity throughout South Florida. The site's proximity to Port Everglades and Fort Lauderdale/Hollywood International Airport further enhances its appeal to businesses and investors. Conceptual site plans and architectural designs are available. The property also benefits from frontage on the Dania Cut of Canal. This prime location, combined with its size and zoning, makes this an exceptional investment opportunity for developers seeking to capitalize on the thriving South Florida industrial market. The property is easily accessible via SR 441, SR 84, and other major thoroughfares. Don't miss this chance to acquire a highly desirable industrial land parcel in a prime location.
Property profile
Verified
Property type
Industrial land
Use group
INDUSTRIAL - VACANT LAND
Year built
1956
Lot
3.47 ac (151,175 SF)
Zoning code
I-G
APN
50-41-25-28-0010
UPID
US18-5350443
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
$505k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$505k
Owner & transaction history
Griffin Commercial Center LLC · 10 yrs held
Griffin Commercial Center LLC
since 2015
7 recorded transactions
Zoning & alternative use
I-G · 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
by Request
ML approach
$505,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$505k
Range $455k – $556k · ±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
—
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
$42,807
Tax year 2023
Assessed value
$3,026,450
Assessed 2023
Previous assessed
$2,724,100
+11.1% YoY
Effective rate
1.41%
On assessed value
Assessed land
$3,023,500
Assessed improvement
$2,950
Land market value
$3,023,500
Improvement market value
$2,950
Total market value
$3,026,450
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
Industrial land
Use group
INDUSTRIAL - VACANT LAND
Status
Off-Market
Year built
1956
Heating
NONE
Lot
3.47 ac (151,175 SF)
Zoning code
I-G
APN
50-41-25-28-0010
UPID
US18-5350443
Jurisdiction
BROWARD
Metro division
FORT LAUDERDALE-POMPANO BEACH-DEERFIELD BEACH, FL METROPOLITAN DIVISION
Zoning & alternative use
I-G · Fort Lauderdale, FL
Zoning I-G · permitted uses
I-G · 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
1956
Heating
NONE
Lot
3.47 ac
Current owner
From public records · entity-resolved
Griffin Commercial Center LLC
Entity
Mailing address
1815 CORDOVA RD #202, FORT LAUDERDALE, FL 33316-2130
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2015
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
Sep 30, 2015
$2,100,000
Griffin Commercial Center LLC
Front Water Holdings LLC
Grant Deed
$1,575,000 · Florida Cmnty Bk
Mar 1, 2013
—
Front Water Holdings LLC
Sunstate Bk
Warranty Deed
—
Mar 2, 2012
$90,200
Sunstate Bk
Gonzalez,omar Coc
Trustees Deed
related
—
Mar 16, 2005
$3,100,000
Front Water Investments LLC
Rish,william
Warranty Deed
$300,000 · Hatton Trust
Jan 20, 2005
$3,100,000
William Rish
Concrete Investments INC
Warranty Deed
$2,135,000 · Commerce Bank NA
Jul 30, 1997
$180,000
Florida Sweeping
Concrete Investments INC
Grant Deed
—
—
—
Front Water Investments LLC
—
Deed Of Trust
related
$300,000 · South Fl Realty Mgmt&invs INC
—
—
Front Water Investments LLC
—
Deed Of Trust
related
$3,800,000 · Sun State Bank
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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