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Property profile & analytics
OFF-MARKET
Estimated value
$21,225,000
Warehouses
500 12th Ave Pompano Beach, FL 33069-3506
Entity Owned
14-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US18-5163476
Property profile
Verified
Property type
Warehouses
Use group
MINI-WAREHOUSE, STORAGE
Year built
2001
Construction
CONCRETE
Total area
137,237 SF
Lot
2.75 ac (119,648 SF)
Zoning code
I-1
APN
49-42-02-21-0060
UPID
US18-5163476
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
-
Twenty One 21 - Full Service Incentive Program Tech Support Center (Bike/Boat/Book/etc) Store
-
A-Snap Metal Production Facility Metal Fabrication Plant
-
CWB Smart Home Solutions Electronics & Wireless Store
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$20.01M
Comparable Approach
Comparable
$26.14M
Blend (final)
Blend
$21.23M
Owner & transaction history
Value Store It Pompano LLC · 14 yrs held
Value Store It Pompano LLC
since 2012
4 recorded transactions
Zoning & alternative use
I-1 · Pompano 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 Pompano Beach submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Pompano 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
Method
Estimation
Statistic approach
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
$21,670,000
6.5%
$20,005,000
7%
$18,575,000
Blend value · Realmo final
$21.23M
Range $19.10M – $23.35M · ±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
$155 / 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
$296,187
Tax year 2023
Assessed value
$16,157,570
Assessed 2023
Previous assessed
$14,879,390
+8.6% YoY
Effective rate
1.83%
On assessed value
Assessed land
$957,180
Assessed improvement
$15,200,390
Land market value
$957,180
Improvement market value
$15,200,390
Total market value
$16,157,570
Applied tax rate
1,512.0000
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
MINI-WAREHOUSE, STORAGE
Status
Off-Market
Year built
2001
Construction
CONCRETE
Heating
NONE
Buildings
2
Stories
4
Total area
137,237 SF
Lot
2.75 ac (119,648 SF)
Zoning code
I-1
APN
49-42-02-21-0060
UPID
US18-5163476
Jurisdiction
BROWARD
Metro division
FORT LAUDERDALE-POMPANO BEACH-DEERFIELD BEACH, FL METROPOLITAN DIVISION
Zoning & alternative use
I-1 · Pompano Beach, FL
Zoning I-1 · permitted uses
I-1 · Pompano Beach, FL
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Pompano Beach. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
2001
Construction
CONCRETE
Heating
NONE
Stories
4
Buildings
2
Lot
2.75 ac
Current owner
From public records · entity-resolved
Value Store It Pompano LLC
Entity
Mailing address
3201 W COMMERCIAL BLVD STE #218, FORT LAUDERDALE, FL 33309-3466
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2012
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 3, 2018
—
Value Store It Pompano LLC
—
Deed
related
$7,591,697 · Bank Of America California NA
Jan 4, 2012
—
Value Store It Pompano LLC
Store Room-andrews Avenue LLC
Quit Claim Deed
—
—
—
Value Store It Pompano LLC
—
Deed Of Trust
related
$5,000,000 · American National Bank & Trust
—
—
Value Store It Pompano LLC
—
Loan Modification
related
$7,591,697 · Bank Of America California NA
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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