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Property profile & analytics
FOR LEASE
Industrial properties
5420 NW 33Rd Ave, Fort Lauderdale, FL 33309
Entity Owned
6-yr Hold
Free & Clear
Property ID
US18-6100695
For Lease
1 / 43
$15 SF/Yr
5420 NW 33Rd Ave, Fort Lauderdale, FL 33309
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Property profile
Verified
Property type
Industrial properties
Use group
MIXED USE (COMMERCIAL/INDUSTRIAL)
Year built
1984
Construction
CONCRETE
Total area
44,249 SF
Lot
5.24 ac (228,177 SF)
Zoning code
CC
APN
49-42-18-16-0051
UPID
US18-6100695
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
$11.96M
CAP Approach
CAP
$10.45M
Comparable Approach
Comparable
$7.26M
Blend (final)
Blend
$8.96M
Owner & transaction history
24 Warehouse LLC · 6 yrs held
24 Warehouse LLC
since 2020
Last sale
$6.3M
2 recorded transactions
Zoning & alternative use
CC · 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
$11,470,000
ML approach
$11,955,000
CAP Approach
CAP Return
Estimation
6%
$11,315,000
6.5%
$10,445,000
7%
$9,700,000
Blend value · Realmo final
$8.96M
Range $8.06M – $9.85M · ±10% · vs last sale $6.30M (Jan 10 2020)
Last sale anchor
$6.30M
Jan 10 2020
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
$202 / 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
$141,426
Tax year 2023
Assessed value
$5,499,380
Assessed 2023
Previous assessed
$5,939,440
-7.4% YoY
Effective rate
2.57%
On assessed value
Assessed land
$1,825,420
Assessed improvement
$3,673,960
Land market value
$1,825,420
Improvement market value
$3,673,960
Total market value
$5,499,380
Applied tax rate
312.0000
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
Industrial properties
Use group
MIXED USE (COMMERCIAL/INDUSTRIAL)
Status
For Lease
Year built
1984
Construction
CONCRETE
Heating
NONE
Cooling
YES
Buildings
2
Stories
1
Total area
44,249 SF
Lot
5.24 ac (228,177 SF)
Zoning code
CC
APN
49-42-18-16-0051
UPID
US18-6100695
Jurisdiction
BROWARD
Metro division
FORT LAUDERDALE-POMPANO BEACH-DEERFIELD BEACH, FL METROPOLITAN DIVISION
Zoning & alternative use
CC · Fort Lauderdale, FL
Zoning CC · permitted uses
CC · 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.
Building & site characteristics
From public records
Year built
1984
Construction
CONCRETE
Heating
NONE
Cooling
Yes
Stories
1
Buildings
2
Lot
5.24 ac
Current owner
From public records · entity-resolved
24 Warehouse LLC
Entity
Free & Clear · 6 yrs held
Mailing address
PO BOX 10472, MIAMI, FL 33101-0472
Ownership since
2020
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
2 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jan 10, 2020
$6,300,000
24 Warehouse LLC
Liberty Property LP
Grant Deed
—
Dec 16, 1997
$4,750,000
Liberty Property LP
Tcw Realty Fund II Holding Co
Grant Deed
—
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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