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Property profile & analytics
OFF-MARKET
Estimated value
$1,120,000
Distribution centers
73 12th Ave Ste 112 Dania Beach, FL 33004-3523
Entity Owned
4-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US18-9541437
Property profile
Verified
Property type
Distribution centers
Use group
DISTRIBUTION WAREHOUSE
Year built
2005
Construction
CONCRETE
Total area
4,100 SF
Lot
0.09 ac (4,100 SF)
Zoning code
I-G
APN
50-42-33-AA-0120
UPID
US18-9541437
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
$1.33M
CAP Approach
CAP
$825k
Comparable Approach
Comparable
$1.22M
Blend (final)
Blend
$1.12M
Owner & transaction history
Family Mobility Center LLC · 4 yrs held
Family Mobility Center LLC
since 2021
Last sale
$1.0M
6 recorded transactions
Zoning & alternative use
I-G · Dania Beach, FL
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Medical building
$1.4M
+39.5%
Retail stores
$1.4M
+38.9%
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 Dania Beach submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Dania 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
$1,300,000
ML approach
$1,325,000
CAP Approach
CAP Return
Estimation
6%
$895,000
6.5%
$825,000
7%
$770,000
Alternative Use
Use
Estimation
WAREHOUSE, STORAGE
$1,030,000
Current use
MEDICAL BUILDING
$1,440,000
Change: +39% · Conversion: Difficult
RETAIL STORES
$1,435,000
Change: +39% · Conversion: Moderate
Blend value · Realmo final
$1.12M
Range $1.01M – $1.23M · ±10% · vs last sale $1.02M (Dec 10 2021)
Last sale anchor
$1.02M
Dec 10 2021
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
$273 / 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
$17,075
Tax year 2023
Assessed value
$822,880
Assessed 2023
Previous assessed
$748,070
+10.0% YoY
Effective rate
2.08%
On assessed value
Assessed land
$82,290
Assessed improvement
$740,590
Land market value
$82,290
Improvement market value
$740,590
Total market value
$822,880
Applied tax rate
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
Distribution centers
Use group
DISTRIBUTION WAREHOUSE
Status
Off-Market
Year built
2005
Construction
CONCRETE
Heating
NONE
Bathrooms
2
Total area
4,100 SF
Lot
0.09 ac (4,100 SF)
Zoning code
I-G
APN
50-42-33-AA-0120
UPID
US18-9541437
Jurisdiction
BROWARD
Metro division
FORT LAUDERDALE-POMPANO BEACH-DEERFIELD BEACH, FL METROPOLITAN DIVISION
Zoning & alternative use
I-G · Dania Beach, FL
Zoning I-G · permitted uses
I-G · Dania Beach, FL
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Dania Beach. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
WAREHOUSE, STORAGE Current
Est. value
$1.0M
MEDICAL BUILDING
Est. value
$1.4M
RETAIL STORES
Est. value
$1.4M
WAREHOUSE, STORAGE Current
MEDICAL BUILDING
RETAIL STORES
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
2005
Construction
CONCRETE
Heating
NONE
Bathrooms
2
Lot
0.09 ac
Current owner
From public records · entity-resolved
Family Mobility Center LLC
Entity
Mailing address
3599 HOLLYWOOD OAKS DR, FORT LAUDERDALE, FL 33312-6275
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2021
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
6 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Dec 10, 2021
$1,020,000
Family Mobility Center LLC
Fad Realty LLC
Warranty Deed
—
Jun 2, 2020
—
Fad Realty LLC
—
Deed
related
$150,000 · Cruz Family Trust (rt)
Jan 29, 2019
—
Fad Realty LLC
—
Deed
related
$200,000 · Bankunited Fsb
Aug 15, 2005
$492,000
Fad Realty LLC
Dania Distribution Centre Ltd
Warranty Deed
$433,600 · Suntrust Bank
—
—
Fad Realty LLC
—
Deed Of Trust
related
$200,000 · Bankunited Fsb
—
—
Fad Realty LLC
—
Deed Of Trust
related
$150,000 · Cruz Family Trust (rt)
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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