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Property profile & analytics
OFF-MARKET Estimated value $1,265,000
Warehouses

5659 Funston St Hollywood, FL 33023-1927

5,238 SF 0.6 ac lot Built 1980
Individually Owned 14-yr Hold Absentee Owner ~ Est. High Equity
Property ID
US18-4622056
Property profile
Verified
Property type Warehouses
Use group WAREHOUSE, STORAGE
Year built 1980
Construction CONCRETE
Total area 5,238 SF
Lot 0.6 ac (26,222 SF)
Zoning code IM-2
APN 51-41-24-10-2140
UPID US18-4622056
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
$870k
Comparable Approach Comparable
$1.31M
Blend (final) Blend
$1.27M
Owner & transaction history
Israel Wolman · 14 yrs held
Israel Wolman
since 2012
3 recorded transactions
2012
$699,000
2001
$565,000
1969
Price N/A
Zoning & alternative use
IM-2 · Hollywood, FL
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description

B. IM-2 Low/Medium Intensity Industrial and Manufacturing District. 1. Purpose and uses: District Purpose Main Permitted Uses Special Exception Prohibited Uses This district is intended to provide suitable standards for development and maintenance of office; heavy commercial; light manufacturing; and industrial uses of a non-objectionable nature. Commercial;…

Zone name Low To Medium Intensity Industrial And Manufacturing District
General category INDUSTRIAL
Zone area 91.00 ac
Top alternative use upside
Medical building $1.8M +24.0%
Office building $1.6M +6.6%
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