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Property profile & analytics
OFF-MARKET
Estimated value
$4,215,000
Warehouses
6531 18th Ct Plantation, FL 33313-4520
Entity Owned
9-yr Hold
Free & Clear
Property ID
US18-9336316
Property profile
Verified
Property type
Warehouses
Use group
WAREHOUSE, STORAGE
Year built
1983
Construction
CONCRETE
Total area
15,797 SF
Lot
5.09 ac (221,749 SF)
Zoning code
I-LP
APN
49-41-34-41-0040
UPID
US18-9336316
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
$4.04M
Comparable Approach
Comparable
$3.47M
Blend (final)
Blend
$4.22M
Owner & transaction history
Mars 5 LLC · 9 yrs held
Mars 5 LLC
since 2016
4 recorded transactions
Zoning & alternative use
I-LP · Plantation, 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 Plantation submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Plantation 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%
$4,375,000
6.5%
$4,035,000
7%
$3,750,000
Alternative Use
Use
Estimation
WAREHOUSE, STORAGE
$5,500,000
Current use
Blend value · Realmo final
$4.22M
Range $3.79M – $4.64M · ±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
$267 / 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
$240,330
Tax year 2023
Assessed value
$11,588,290
Assessed 2023
Previous assessed
$2,232,840
+419.0% YoY
Effective rate
2.07%
On assessed value
Assessed land
$1,773,990
Assessed improvement
$9,814,300
Land market value
$1,773,990
Improvement market value
$9,814,300
Total market value
$11,588,290
Applied tax rate
2,212.0000
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
1983
Construction
CONCRETE
Heating
NONE
Cooling
YES
Buildings
3
Stories
1
Total area
15,797 SF
Lot
5.09 ac (221,749 SF)
Zoning code
I-LP
APN
49-41-34-41-0040
UPID
US18-9336316
Jurisdiction
BROWARD
Metro division
FORT LAUDERDALE-POMPANO BEACH-DEERFIELD BEACH, FL METROPOLITAN DIVISION
Zoning & alternative use
I-LP · Plantation, FL
Zoning I-LP · permitted uses
I-LP · Plantation, FL
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Plantation. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
WAREHOUSE, STORAGE Current
Est. value
$5.5M
WAREHOUSE, STORAGE Current
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Alternative use deep dive
Conversion cost · permit path · stabilized NOI per option
Building & site characteristics
From public records
Year built
1983
Construction
CONCRETE
Heating
NONE
Cooling
Yes
Stories
1
Buildings
3
Lot
5.09 ac
Current owner
From public records · entity-resolved
Mars 5 LLC
Entity
Free & Clear · 9 yrs held
Mailing address
6531 NW 18TH CT, PLANTATION, FL 33313-4520
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2016
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
4 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Dec 23, 2022
—
Mars 5 LLC
—
Deed
related
$4,250,000 · Jpmorgan Chase Bank NA
Oct 4, 2016
$2,450,000
Mars 5 LLC
Bright Investments LLC
Warranty Deed
—
Sep 19, 2016
—
Bright Investments LLC
—
Trustees Deed
related
$610,000 · New Beginnings Investments LLC
Mar 27, 2008
$4,400,000
Bright Investments LLC
Imaging Dianogstic Systems INC
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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