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Property profile & analytics
FOR LEASE
Manufacturing properties
6682 Northwest 16Th Ter Fort Lauderdale, FL 33309
Entity Owned
Absentee Owner
~
Est. High Equity
Property ID
US18-1314143
For Lease
1 / 2
Contact for pricing
6682 Northwest 16Th Ter, Fort Lauderdale, FL 33309
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Property profile
Verified
Property type
Manufacturing properties
Use group
MANUFACTURING (LIGHT)
Year built
1978
Construction
CONCRETE
Total area
19,920 SF
Lot
3.5 ac (152,626 SF)
Zoning code
I
APN
49-42-09-13-0010
UPID
US18-1314143
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
$13.25M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$17.20M
Blend (final)
Blend
$14.69M
Owner & transaction history
Ba 16th Terrace LLC
Ba 16th Terrace LLC
since 2025
5 recorded transactions
Zoning & alternative use
I · Fort Lauderdale, FL
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description
/House of Worship CF-HS - Community Facility/House of Worship and School CF-S - Community Facility/ School CR - Commercial Recreation District GAA - General Aviation Airport District H-1 - Historic Preservation District I - General Industrial I-1 - County IOA - Intracoastal Overlook Area District M-3 - County MHP - Mobile Home Park NBRA - North Beach Residen…
Zone name
General Industrial
General category
INDUSTRIAL
Zone area
928.50 ac
Top alternative use upside
Restaurant
$17.0M
+81.8%
Auto repair, garage
$16.1M
+72.5%
Neighborhood: shopping center
$15.0M
+60.1%
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
$13,625,000
ML approach
$13,245,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
INDUSTRIAL (GENERAL)
$9,360,000
Current use
RESTAURANT
$17,015,000
Change: +82% · Conversion: Difficult
AUTO REPAIR, GARAGE
$16,145,000
Change: +72% · Conversion: Easy
NEIGHBORHOOD: SHOPPING CENTER
$14,990,000
Change: +60% · Conversion: Difficult
COMMERCIAL (GENERAL)
$10,320,000
Change: +10% · Conversion: Difficult
MEDICAL BUILDING
$9,285,000
Change: -1% · Conversion: Difficult
Blend value · Realmo final
$14.69M
Range $13.22M – $16.16M · ±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
$737 / 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
$197,472
Tax year 2023
Assessed value
$9,113,750
Assessed 2023
Previous assessed
$8,515,970
+7.0% YoY
Effective rate
2.17%
On assessed value
Assessed land
$1,221,010
Assessed improvement
$7,892,740
Land market value
$1,221,010
Improvement market value
$7,892,740
Total market value
$9,113,750
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
Manufacturing properties
Use group
MANUFACTURING (LIGHT)
Status
For Lease
Year built
1978
Construction
CONCRETE
Heating
NONE
Cooling
CENTRAL
Buildings
6
Stories
1
Total area
19,920 SF
Lot
3.5 ac (152,626 SF)
Zoning code
I
APN
49-42-09-13-0010
UPID
US18-1314143
Jurisdiction
BROWARD
Metro division
FORT LAUDERDALE-POMPANO BEACH-DEERFIELD BEACH, FL METROPOLITAN DIVISION
Zoning & alternative use
I · Fort Lauderdale, FLZoning I · permitted uses
I · Fort Lauderdale, FL
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Zoning description
/House of Worship CF-HS - Community Facility/House of Worship and School CF-S - Community Facility/ School CR - Commercial Recreation District GAA - General Aviation Airport District H-1 - Historic Preservation District I - General Industrial I-1 - County IOA - Intracoastal Overlook Area District M-3 - County MHP - Mobile Home Park NBRA - North Beach Residential Area District NWRAC-MUe - North West Regional Activity Center-Mixed Use east
Zone name
General Industrial
General category
INDUSTRIAL
Zone area
928.50 ac
Alternative use value scenarios
Repositioning upside vs current use
INDUSTRIAL (GENERAL) Current
Est. value
$9.4M
RESTAURANT
Est. value
$17.0M
AUTO REPAIR, GARAGE
Est. value
$16.1M
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$15.0M
COMMERCIAL (GENERAL)
Est. value
$10.3M
MEDICAL BUILDING
Est. value
$9.3M
INDUSTRIAL (GENERAL) Current
RESTAURANT
AUTO REPAIR, GARAGE
NEIGHBORHOOD: SHOPPING CENTER
COMMERCIAL (GENERAL)
MEDICAL BUILDING
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
1978
Construction
CONCRETE
Heating
NONE
Cooling
Yes
Stories
1
Buildings
6
Lot
3.5 ac
Current owner
From public records · entity-resolved
Ba 16th Terrace LLC
Entity
Mailing address
40 MORRIS AVE STE #230, BRYN MAWR, PA 19010-3300
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2025
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
5 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Oct 31, 2025
—
Ba 16th Terrace LLC
Alliance 16th Terrace LLC
Special Warranty Deed
$128,200,000 · Bnp Paribas
Oct 11, 2021
$9,183,000
Alliance 16th Terrace LLC
Astronics Dme LLC
Special Warranty Deed
—
Oct 11, 2021
—
Astronics Dme LLC
Astronics Test Systems INC
Special Warranty Deed
—
Jul 28, 2011
$5,050,000
Dme Corp
Guaso LLC
Warranty Deed
—
—
—
Guaso LLC
—
Deed Of Trust
related
$4,200,000 · Bankunited Fsb
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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