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Property profile & analytics
OFF-MARKET
Estimated value
$575,000
Manufacturing properties
551 28th Ct 557 Pompano Beach, FL 33064-5443
Entity Owned
7-yr Hold
Absentee Owner
Free & Clear
Property ID
US18-0374869
Property profile
Verified
Property type
Manufacturing properties
Use group
MANUFACTURING (LIGHT)
Year built
1969
Construction
CONCRETE
Total area
8,856 SF
Lot
0.28 ac (12,000 SF)
Zoning code
I-1
APN
48-42-24-27-0270
UPID
US18-0374869
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
-
Eagle Eye Interactive Marketing & Advertising Photography Service
-
Cape Plumbing, Inc. Plumbing Service General Contractor
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$415k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$484k
Blend (final)
Blend
$575k
Owner & transaction history
Apothiki LLC · 7 yrs held
Apothiki LLC
since 2019
7 recorded transactions
Zoning & alternative use
I-1 · Pompano Beach, FL
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description
The General Industrial (I-1) district is established and intended to accommodate a wide range of light and moderate manufacturing, assembly, fabrication, processing, distribution, warehousing, research anddevelopment, and other industrial usesbut not heavy or hazardous manufacturing processes. The district may also include some uses that are ancillary toindu…
Zone name
General Industrial
General category
INDUSTRIAL
Zone area
2,311.49 ac
Source
Realmo
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
$415,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$575k
Range $518k – $633k · ±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
$65 / 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
$19,488
Tax year 2023
Assessed value
$911,890
Assessed 2023
Previous assessed
$815,070
+11.9% YoY
Effective rate
2.14%
On assessed value
Assessed land
$84,000
Assessed improvement
$827,890
Land market value
$84,000
Improvement market value
$827,890
Total market value
$911,890
Applied tax rate
1,511.0000
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
Manufacturing properties
Use group
MANUFACTURING (LIGHT)
Status
Off-Market
Year built
1969
Construction
CONCRETE
Heating
NONE
Cooling
YES
Stories
1
Bathrooms
4
Total area
8,856 SF
Lot
0.28 ac (12,000 SF)
Zoning code
I-1
APN
48-42-24-27-0270
UPID
US18-0374869
Jurisdiction
BROWARD
Metro division
FORT LAUDERDALE-POMPANO BEACH-DEERFIELD BEACH, FL METROPOLITAN DIVISION
Zoning & alternative use
I-1 · Pompano Beach, FLZoning 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
Zoning description
The General Industrial (I-1) district is established and intended to accommodate a wide range of light and moderate manufacturing, assembly, fabrication, processing, distribution, warehousing, research anddevelopment, and other industrial usesbut not heavy or hazardous manufacturing processes. The district may also include some uses that are ancillary toindustrial development(e.g., vocational schools, business support services) or provide convenience services to industrial employees (e.g., child care facilities,gasoline filling stations, banks), as well as some uses that may be inappropriate in residential or commercial districts (e.g., animal shelter, kennel, sport shooting range).
Zone name
General Industrial
General category
INDUSTRIAL
Zone area
2,311.49 ac
Source
Realmo
Building & site characteristics
From public records
Year built
1969
Construction
CONCRETE
Heating
NONE
Cooling
Yes
Stories
1
Bathrooms
4
Lot
0.28 ac
Current owner
From public records · entity-resolved
Apothiki LLC
Entity
Free & Clear · 7 yrs held
Mailing address
1611 SW 105TH LN, DAVIE, FL 33324-7471
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2019
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
May 17, 2019
$1,065,000
Apothiki LLC
East Coast Associates LLC
Grant Deed
—
Apr 23, 2018
—
East Coast Associates LLC
—
Deed
related
$600,000 · Td Bk NA
Jul 27, 2012
—
East Coast Associates LLC
Nelson,lawrence E & Susan C
Grant Deed
related
—
May 10, 2012
$616,000
East Coast Associates LLC
Nelson,lawrence E & Susan C
Warranty Deed
$472,800 · Td Bank NA
May 22, 2003
$500,000
Lawrence E Nelson
Brown,jerome
Grant Deed
$375,000 · Jerome Brown
—
—
Lawrence E Nelson
—
Deed Of Trust
related
$268,682 · Brown J W & G Living Trust (lt
—
—
East Coast Associates LLC
—
Deed Of Trust
related
$600,000 · 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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