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Property profile & analytics
OFF-MARKET
Estimated value
$8,300,000
Warehouses
508 Military Trl Deerfield Beach, FL 33442-3011
Entity Owned
2-yr Hold
Absentee Owner
Free & Clear
Property ID
US18-1519010
Property profile
Verified
Property type
Warehouses
Use group
WAREHOUSE, STORAGE
Year built
1986
Construction
CONCRETE
Total area
27,896 SF
Lot
2.29 ac (99,747 SF)
Zoning code
PID
APN
48-42-02-06-0070
UPID
US18-1519010
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
$8.30M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$8.57M
Blend (final)
Blend
$8.30M
Owner & transaction history
Exeter 508 Military LP · 2 yrs held
Exeter 508 Military LP
since 2024
Last sale
$8.3M
7 recorded transactions
Zoning & alternative use
PID · Deerfield Beach, FL
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Office building
$11.1M
+22.5%
Medical building
$9.8M
+8.1%
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 Deerfield Beach submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Deerfield 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
$8,300,000
ML approach
$8,300,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
WAREHOUSE, STORAGE
$9,060,000
Current use
OFFICE BUILDING
$11,095,000
Change: +22% · Conversion: Difficult
MEDICAL BUILDING
$9,790,000
Change: +8% · Conversion: Difficult
Blend value · Realmo final
$8.30M
Range $7.47M – $9.13M · ±10% · vs last sale $8.30M (Mar 25 2024)
Last sale anchor
$8.30M
Mar 25 2024
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
$298 / 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
$94,420
Tax year 2023
Assessed value
$4,437,760
Assessed 2023
Previous assessed
$4,437,760
+0.0% YoY
Effective rate
2.13%
On assessed value
Assessed land
$698,230
Assessed improvement
$3,739,530
Land market value
$698,230
Improvement market value
$3,739,530
Total market value
$4,437,760
Applied tax rate
1,112.0000
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
1986
Construction
CONCRETE
Heating
NONE
Cooling
YES
Buildings
2
Stories
1
Total area
27,896 SF
Lot
2.29 ac (99,747 SF)
Zoning code
PID
APN
48-42-02-06-0070
UPID
US18-1519010
Jurisdiction
BROWARD
Metro division
FORT LAUDERDALE-POMPANO BEACH-DEERFIELD BEACH, FL METROPOLITAN DIVISION
Zoning & alternative use
PID · Deerfield Beach, FL
Zoning PID · permitted uses
PID · Deerfield Beach, FL
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Deerfield Beach. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
WAREHOUSE, STORAGE Current
Est. value
$9.1M
OFFICE BUILDING
Est. value
$11.1M
MEDICAL BUILDING
Est. value
$9.8M
WAREHOUSE, STORAGE Current
OFFICE BUILDING
MEDICAL BUILDING
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
1986
Construction
CONCRETE
Heating
NONE
Cooling
Yes
Stories
1
Buildings
2
Lot
2.29 ac
Current owner
From public records · entity-resolved
Exeter 508 Military LP
Entity
Free & Clear · 2 yrs held
Mailing address
5 RADNOR CORPORATE CTR 100TH MATSONFORD RD #250, RADNOR, PA 19087
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2024
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
9 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Sep 3, 2024
—
Exeter 508 Military LP
—
Deed
related
$195,525,000 · Nationwide Life And Annuity Insurance Co
Mar 25, 2024
$8,300,000
Exeter 508 Military LP
Yjp Holdings LLC
Special Warranty Deed
—
Jun 16, 2016
—
Yjp Holdings LLC
—
Deed
related
$1,771,550 · Td Bk NA
Nov 12, 2015
$3,450,000
Yjp Holdings LLC
Novomatic Americas Real Estate LLC
Special Warranty Deed
$1,771,550 · Td Bk NA
Nov 12, 2015
$1,771,550
Td Bank NA
Yjp Holdings LLC
Assignment Of Lease (leasehold Sale)
related
—
Nov 12, 2015
$1,417,240
Td Bank NA
Yjp Holdings LLC
Assignment Of Lease (leasehold Sale)
related
—
Jul 11, 2012
—
Novomatic Americas Real Estate
Boywic Farms Ltd
Warranty Deed
—
Dec 4, 2001
$2,250,000
Boywic Farms Ltd
Rubenstein,steven & Andrew
Grant Deed
$1,462,500 · Bank Of Florida NA
—
—
Yjp Holdings LLC
—
Deed Of Trust
related
$1,771,550 · Td Bk 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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