Add Listing
Property Lookup
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    47th Ave Davie, FL 33314
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings
    Property profile & analytics

    47th Ave Davie, FL 33314

    View on Map
    • Warehouses
    • 0.44 lot acres
    Off-Market
    Last Sale Jul 1, 2021
    $15,025,000
    Property ID
    US18-7281581
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.
    Value Estimations
    $15,335,000
    Show details
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Warehouses

    Property Details for 47th Ave

    Year built
    1997
    Lot size
    0.44 lot acres
    Zone code
    M-3
    Property type
    Warehouses
    APN
    50-41-25-21-0030
    APU
    504125210030

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

      Method
      Estimation
      Statistic approach
      $19,175,000
      ML approach
      $12,115,000

    Get a detailed, property-specific estimation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    Davie
    County
    Broward
    State
    Florida
    Longitude
    -80.2089
    Latitude
    26.0695
    CBSA code
    33100
    CBSA name
    MIAMI-FORT LAUDERDALE-MIAMI BEACH, FL METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $8,886
    $417,120
    $36,000
    $453,120
    -
    $417,120
    $36,000
    $453,120

    Comparable in this City

    • Value Estimation by Request
      3.75 Acres

      4753 Orange Dr

      STORAGE YARD, OPEN STORAGE • 3.75 Acres
      4753 Orange Dr, Davie, FL 33314-3901
      View Details
    • Value Estimation
      $685,000
      3,325 SF

      3401 State Rd 7th 7

      MINI-WAREHOUSE, STORAGE • 3,325 SF
      3401 State Rd 7th 7, Davie, FL 33314-2226
      View Details
    • Value Estimation
      $1,705,000
      12,071 SF

      3951 47th Ave

      WAREHOUSE, STORAGE • 12,071 SF
      3951 47th Ave, Davie, FL 33314-4043
      View Details
    • Value Estimation
      $1,790,000
      13,191 SF

      4151 47th Ave

      WAREHOUSE, STORAGE • 13,191 SF
      4151 47th Ave, Davie, FL 33314-4054
      View Details
    • Value Estimation
      $7,230,000
      49,148 SF

      3801 47th Ave, Unit 3901

      WAREHOUSE, STORAGE • 49,148 SF
      3801 47th Ave, Davie, FL 33314-4028
      View Details
    • Value Estimation
      $16,025,000
      121,313 SF

      3300 Davie Rd

      WAREHOUSE, STORAGE • 121,313 SF
      3300 Davie Rd, Davie, FL 33314-1649
      View Details

    Similar Nearby for Sale

    • $180,000

      Renovated Flex Space Opportunity

      Renovated building suitable for retail, office, warehouse, or flex space.
      5140 S State Road 7, Davie, FL 33314
      View Details
    • $4,200,770
      14,000 SF

      Davie Warehouse on Acre Land

      Warehouse in prime Broward location near highways and airport.
      3300 Burris Rd, Davie, FL 33314
      View Details
    • Contact for pricing

      676,043 SF Industrial Facilities

      Three state-of-the-art industrial facilities totaling 676,043 SF.
      2650 Bridge Way, Fort Lauderdale, FL 33314
      View Details

    Similar Nearby for Lease

    • $300 /Mo
      72,450 SF

      Davie Warehouse Space Available

      Modern Davie warehouse, flexible space options.
      4701-4759 51St St, Davie, FL 33314
      View Details
    • Contact for pricing
      183,333 SF

      Prime Industrial Location for Rent

      Industrial site with highway access, ideal for logistics.
      3055 Burris Rd, Davie, FL 33314
      View Details
    • Contact for pricing
      2,535 SF

      Warehouse Units Near Hard Rock

      Warehouse units for lease near major transportation hubs.
      5150 SW 48Th Way, Fort Lauderdale, FL 33314
      View Details
    • $17 SF/Yr
      97,200 SF

      Davie Logistics Center Availability

      145,800 SF Class A multi-tenant industrial building for lease.
      3501 Burris Rd, Davie, FL 33314
      View Details
    • Contact for pricing

      Industrial Single Tenant Flex Space

      4,800 SqFt industrial single tenant flex space for rent.
      4701 SW 51St St, Davie, FL 33314
      View Details
    • Contact for pricing

      Upscale Flex-Style Business Park

      Modern business park with office, showroom, warehouse, and industrial spaces.
      4350-4380 Oakes Rd, Davie, FL 33314
      View Details
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    47th Ave
    Davie, FL 33314
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!