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Property profile & analytics
OFF-MARKET
Estimated value
$5,080,000
Warehouses
5200 108th Ave Sunrise, FL 33351-8040
Entity Owned
3-yr Hold
Free & Clear
Property ID
US18-5799919
Property profile
Verified
Property type
Warehouses
Use group
WAREHOUSE, STORAGE
Year built
2010
Construction
CONCRETE
Total area
61,660 SF
Lot
3.69 ac (160,837 SF)
Zoning code
I-1
APN
49-41-18-48-0010
UPID
US18-5799919
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
$5.17M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$5.08M
Owner & transaction history
Florida Business Development Corpor · 3 yrs held
Florida Business Development Corpor
since 2023
Last sale
$5.0M
7 recorded transactions
Zoning & alternative use
I-1 · Sunrise, 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 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
$5,150,000
ML approach
$5,165,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$5.08M
Range $4.57M – $5.59M · ±10% · vs last sale $5.00M (Jun 23 2023)
Last sale anchor
$5.00M
Jun 23 2023
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
$82 / 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
$202,570
Tax year 2023
Assessed value
$10,569,120
Assessed 2023
Previous assessed
$8,240,830
+28.3% YoY
Effective rate
1.92%
On assessed value
Assessed land
$1,286,700
Assessed improvement
$9,282,420
Land market value
$1,286,700
Improvement market value
$9,282,420
Total market value
$10,569,120
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
2010
Construction
CONCRETE
Heating
NONE
Stories
2
Total area
61,660 SF
Lot
3.69 ac (160,837 SF)
Zoning code
I-1
APN
49-41-18-48-0010
UPID
US18-5799919
Jurisdiction
BROWARD
Metro division
FORT LAUDERDALE-POMPANO BEACH-DEERFIELD BEACH, FL METROPOLITAN DIVISION
Zoning & alternative use
I-1 · Sunrise, FL
Zoning 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
Sunrise. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
2010
Construction
CONCRETE
Heating
NONE
Stories
2
Lot
3.69 ac
Current owner
From public records · entity-resolved
Florida Business Development Corpor
Entity
Free & Clear · 3 yrs held
Ownership since
2023
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
Jun 23, 2023
$5,000,000
Florida Business Development Corpor
Evolution Trading & Logistics LLC
Assignment Of Lease (leasehold Sale)
—
Apr 14, 2023
$14,200,000
5200 Nw 108 Avenue LLC
Chauvet Realty Investments LLC
Special Warranty Deed
$7,890,000 · Bank Of America NA
May 24, 2016
—
Chauvet Realty Investments LLC
—
Deed
related
$73,000,000 · Antares Cap
Dec 6, 2004
$850,000
Chauvet Realty Investments LLC
Sprint Spectrum
Grant Deed
$637,500 · Metro Bank Dade County
Mar 27, 2002
$790,000
Sprint Spectrum LP
Deem,curtis
Grant Deed
—
—
—
Chauvet Realty Investment LLC
—
Deed Of Trust
related
$640,000 · Branch Banking & Trust Co
—
—
Chauvet Realty Investments LLC
—
Deed Of Trust
related
$73,000,000 · Antares Cap
—
—
Chauvet Realty Investments LLC
—
Deed Of Trust
related
—
—
—
Chauvet Realty Investments LLC
—
Deed Of Trust
related
—
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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