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Property profile & analytics
OFF-MARKET
Estimated value
$4,230,000
Warehouses
5150 State Rd 7th 7, Fort Lauderdale, FL 33319-3322
Entity Owned
11-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US19-0452917
Property profile
Verified
Property type
Warehouses
Use group
WAREHOUSE, STORAGE
Year built
1990
Construction
CONCRETE
Total area
17,474 SF
Lot
2.14 ac (93,388 SF)
Zoning code
B-3
APN
49-42-18-05-0020
UPID
US19-0452917
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
by Request
CAP Approach
CAP
$4.47M
Comparable Approach
Comparable
$3.50M
Blend (final)
Blend
$4.23M
Owner & transaction history
Ft Lauderdale Food Services LLC · 11 yrs held
Ft Lauderdale Food Services LLC
since 2014
7 recorded transactions
Zoning & alternative use
B-3 · 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
by Request
CAP Approach
CAP Return
Estimation
6%
$4,840,000
6.5%
$4,465,000
7%
$4,145,000
Alternative Use
Use
Estimation
WAREHOUSE, STORAGE
$6,080,000
Current use
Blend value · Realmo final
$4.23M
Range $3.81M – $4.65M · ±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
$242 / 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
$88,477
Tax year 2023
Assessed value
$3,982,810
Assessed 2023
Previous assessed
$3,139,150
+26.9% YoY
Effective rate
2.22%
On assessed value
Assessed land
$747,100
Assessed improvement
$3,235,710
Land market value
$747,100
Improvement market value
$3,235,710
Total market value
$3,982,810
Applied tax rate
2,912.0000
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
1990
Construction
CONCRETE
Heating
NONE
Cooling
CENTRAL
Buildings
2
Stories
1
Total area
17,474 SF
Lot
2.14 ac (93,388 SF)
Zoning code
B-3
APN
49-42-18-05-0020
UPID
US19-0452917
Jurisdiction
BROWARD
Metro division
FORT LAUDERDALE-POMPANO BEACH-DEERFIELD BEACH, FL METROPOLITAN DIVISION
Zoning & alternative use
B-3 · Fort Lauderdale, FL
Zoning B-3 · permitted uses
B-3 · 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.
Alternative use value scenarios
Repositioning upside vs current use
WAREHOUSE, STORAGE Current
Est. value
$6.1M
WAREHOUSE, STORAGE Current
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
1990
Construction
CONCRETE
Heating
NONE
Cooling
Yes
Stories
1
Buildings
2
Lot
2.14 ac
Current owner
From public records · entity-resolved
Ft Lauderdale Food Services LLC
Entity
Mailing address
101 S 12TH ST UNIT #102, TAMPA, FL 33602-4219
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2014
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
7 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Mar 12, 2019
—
Ft Lauderdale Food Svcs LLC
—
Deed
related
$3,800,000 · Ubs Ag
Dec 11, 2014
$1,850,000
Ft Lauderdale Food Services LLC
Yellow Leaf Development LLC
Special Warranty Deed
$1,912,500 · American National Bank
May 4, 2010
$305,100
5150 North State Road 7 LLC
Gennaros Wholesale INC Coc
Trustees Deed
related
—
Sep 28, 2004
$1,600,000
Mugnano Properties-5480 LLC
Golen,selig & Shirley
Warranty Deed
$632,000 · Comerica Bank
—
—
Ft Lauderdale Food Svcs LLC
—
Deed Of Trust
related
$3,800,000 · Ubs Ag
—
—
Mugnano Properties-5480 LLC
—
Deed Of Trust
related
$1,465,000 · Totalbank
—
—
Mugnano Properties-5480 LLC
—
Deed Of Trust
related
$4,272,500 · Totalbank
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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