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Property profile & analytics
OFF-MARKET
Estimated value
$3,340,000
Warehouses
4675 103rd Ave Sunrise, FL 33351-7913
Entity Owned
4-yr Hold
~
Est. High Equity
Property ID
US18-3815492
Property profile
Verified
Property type
Warehouses
Use group
WAREHOUSE, STORAGE
Year built
1991
Construction
CONCRETE
Total area
9,375 SF
Lot
2 ac (87,096 SF)
Zoning code
I-1
APN
49-41-18-36-0010
UPID
US18-3815492
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
$3.31M
CAP Approach
CAP
$2.40M
Comparable Approach
Comparable
$3.10M
Blend (final)
Blend
$3.34M
Owner & transaction history
Three Flames LLC · 4 yrs held
Three Flames LLC
since 2022
Last sale
$3.5M
7 recorded transactions
Zoning & alternative use
I-1 · Sunrise, FL
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description
The District is intended primarily for the manufacture, processing and assembly of articles and nonobjection able products not involving the use of any materials, processes or machinery
Zone name
Light Industrial
General category
INDUSTRIAL
Zone area
1,147.16 ac
Source
Realmo
Top alternative use upside
Commercial (general)
$4.9M
+126.3%
Industrial (general)
$4.4M
+105.3%
Medical building
$4.4M
+103.6%
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 Sunrise submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Sunrise 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
$3,275,000
ML approach
$3,310,000
CAP Approach
CAP Return
Estimation
6%
$2,595,000
6.5%
$2,395,000
7%
$2,225,000
Alternative Use
Use
Estimation
WAREHOUSE, STORAGE
$2,145,000
Current use
COMMERCIAL (GENERAL)
$4,855,000
Change: +126% · Conversion: Difficult
INDUSTRIAL (GENERAL)
$4,405,000
Change: +105% · Conversion: Easy
MEDICAL BUILDING
$4,370,000
Change: +104% · Conversion: Difficult
RETAIL STORES
$3,555,000
Change: +66% · Conversion: Moderate
Blend value · Realmo final
$3.34M
Range $3.01M – $3.67M · ±10% · vs last sale $3.50M (Jul 18 2022)
Last sale anchor
$3.50M
Jul 18 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
$356 / 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
$57,207
Tax year 2023
Assessed value
$2,728,660
Assessed 2023
Previous assessed
$2,728,660
+0.0% YoY
Effective rate
2.10%
On assessed value
Assessed land
$696,770
Assessed improvement
$2,031,890
Land market value
$696,770
Improvement market value
$2,031,890
Total market value
$2,728,660
Applied tax rate
2,112.0000
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
1991
Construction
CONCRETE
Heating
NONE
Cooling
YES
Stories
1
Total area
9,375 SF
Lot
2 ac (87,096 SF)
Zoning code
I-1
APN
49-41-18-36-0010
UPID
US18-3815492
Jurisdiction
BROWARD
Metro division
FORT LAUDERDALE-POMPANO BEACH-DEERFIELD BEACH, FL METROPOLITAN DIVISION
Zoning & alternative use
I-1 · Sunrise, FLZoning I-1 · permitted uses
I-1 · Sunrise, FL
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Zoning description
The District is intended primarily for the manufacture, processing and assembly of articles and nonobjection able products not involving the use of any materials, processes or machinery
Zone name
Light Industrial
General category
INDUSTRIAL
Zone area
1,147.16 ac
Source
Realmo
Alternative use value scenarios
Repositioning upside vs current use
WAREHOUSE, STORAGE Current
Est. value
$2.1M
COMMERCIAL (GENERAL)
Est. value
$4.9M
INDUSTRIAL (GENERAL)
Est. value
$4.4M
MEDICAL BUILDING
Est. value
$4.4M
RETAIL STORES
Est. value
$3.6M
WAREHOUSE, STORAGE Current
COMMERCIAL (GENERAL)
INDUSTRIAL (GENERAL)
MEDICAL BUILDING
RETAIL STORES
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
1991
Construction
CONCRETE
Heating
NONE
Cooling
Yes
Stories
1
Lot
2 ac
Current owner
From public records · entity-resolved
Three Flames LLC
Entity
Mailing address
4675 NW 103RD AVE, SUNRISE, FL 33351-7913
Mailing matches property
Yes
Owner-occupied
Yes
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
11 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jul 18, 2022
$3,500,000
Three Flames LLC
Alliance Holdco LLC
Warranty Deed
$3,016,000 · Amerant Bank NA
Jan 17, 2019
—
Rznk 2 LLC
—
Deed
related
$287,534 · Michael Freedland
Jan 15, 2019
$100
Alliance Holdeo LLC
Auerbach,shalom
Warranty Deed
related
—
Jan 14, 2019
$100
Shalom Auerbach
Rznk 2 LLC
Warranty Deed
related
—
Oct 23, 2018
—
Rznk 2 LLC
—
Deed
related
$340,000 · Shalom Auerbach
Sep 21, 2018
—
Rznk 2 LLC
—
Deed
related
$287,534 · Michael Freedland
Dec 16, 2015
$1,500,000
Rznk 2 LLC
Liu Tsze Nan Corp
Warranty Deed
$901,688 · Stonegate Bk
Jul 18, 2002
—
Liu Taze Nan Corp
Broward Realty LP
Grant Deed
$543,750 · First Community Bank Palm Beac
—
—
Rznk 2 LLC
—
Loan Modification
related
$287,534 · Michael Freedland
—
—
Rznk 2 LLC
—
Deed Of Trust
related
$340,000 · Shalom Auerbach
—
—
Rznk 2 LLC
—
Deed Of Trust
related
$287,534 · Michael Freedland
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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