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Property profile & analytics
OFF-MARKET
Estimated value
$15,165,000
Warehouses
5600 University Dr Davie, FL 33328
Entity Owned
9-yr Hold
Free & Clear
Property ID
US18-7582879
Property profile
Verified
Property type
Warehouses
Use group
MINI-WAREHOUSE, STORAGE
Year built
2018
Construction
CONCRETE
Total area
115,578 SF
Lot
4.24 ac (184,811 SF)
Zoning code
CC
APN
50-41-33-14-0010
UPID
US18-7582879
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
$18.25M
Comparable Approach
Comparable
$12.87M
Blend (final)
Blend
$15.17M
Owner & transaction history
Miami City Self Storage Davie · 9 yrs held
Miami City Self Storage Davie
since 2017
7 recorded transactions
Zoning & alternative use
CC · Davie, 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 Davie submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Davie 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%
$19,775,000
6.5%
$18,250,000
7%
$16,950,000
Blend value · Realmo final
$15.17M
Range $13.65M – $16.68M · ±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
$131 / 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
$295,178
Tax year 2023
Assessed value
$14,995,870
Assessed 2023
Previous assessed
$15,814,160
-5.2% YoY
Effective rate
1.97%
On assessed value
Assessed land
$1,842,190
Assessed improvement
$13,153,680
Land market value
$1,842,190
Improvement market value
$13,153,680
Total market value
$14,995,870
Applied tax rate
2,413.0000
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
MINI-WAREHOUSE, STORAGE
Status
Off-Market
Year built
2018
Construction
CONCRETE
Heating
NONE
Stories
3
Total area
115,578 SF
Lot
4.24 ac (184,811 SF)
Zoning code
CC
APN
50-41-33-14-0010
UPID
US18-7582879
Jurisdiction
BROWARD
Metro division
FORT LAUDERDALE-POMPANO BEACH-DEERFIELD BEACH, FL METROPOLITAN DIVISION
Zoning & alternative use
CC · Davie, FL
Zoning CC · permitted uses
CC · Davie, FL
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Davie. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
2018
Construction
CONCRETE
Heating
NONE
Stories
3
Lot
4.24 ac
Current owner
From public records · entity-resolved
Miami City Self Storage Davie
Entity
Free & Clear · 9 yrs held
Mailing address
PO BOX 71870, SALT LAKE CITY, UT 84171-0870
Ownership since
2017
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
10 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Dec 16, 2021
—
Nsp III Davie Dst
—
Deed
related
$92,000 · The Guardian Life Insurance Co
May 17, 2017
—
Miami City Self Storage Davie
—
Grant Deed
related
$10,180,000 · Fifth Third Bk
Jan 30, 2017
$3,600,000
Miami City Self Storage Davie
Bms Partners LLC
Warranty Deed
—
Sep 26, 2016
—
Broward Motorsports Of Palm Bch L
—
Deed
related
$2,000,000 · Florida Cmnty Bk
Jul 1, 2016
—
Bms Partners LLC
—
Deed
related
$1,000,000 · Florida Cmnty Bk
Dec 3, 2004
$2,200,000
Bms Partners LLC
Kaufman,seynour A
Warranty Deed
$1,870,000 · Ocean Bank
—
—
Bms Partners LLC
—
Deed Of Trust
related
$1,000,000 · Florida Cmnty Bk
—
—
Bms Partners LLC
—
Deed Of Trust
related
$3,211,273 · Ocean Bank
—
—
Bms Partners LLC
—
Deed Of Trust
related
$1,758,564 · Ocean Bank
—
—
Broward Motorsports Of Palm Bch L
—
Deed Of Trust
related
$2,000,000 · Florida Cmnty Bk
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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