1601 NW 38th Avenue, Lauderhill, FL 33311
$5,467,000
Property Type:
Comm/Industry
Status:
Active
Current Price:
$5,467,000
Last Modified:
3/18/2024
Description
Freestanding 24,850 SqFt Industrial building .The property is situated on a total of 1.6 Acre with immediate income as the property is 100% leased with diverse tenants (9 bays ) long term tenants some over 10 years .opportunity for a new owner to raise rents to market value (currently rents are below market value) making this investment prime for increased ROI . Building clear ceiling 14' .The property, value-add, industrial flex warehouse located in Lauderhill "industrial park " , on a strategic corner across from UPS ,this property is in an outstanding location for industrial uses and can be a strategic asset to own.
Supplements: Freestanding 24,850 SqFt Industrial building .The property is situated on a total of 1.6 Acre with immediate income as the property is 100% leased with diverse tenants (9 bays ) long term tenants some over 10 years .opportunity for a new owner to raise rents to market value (currently rents are below market value) making this investment prime for increased ROI . Building clear ceiling 14' .The property, value-add, industrial flex warehouse located in Lauderhill "industrial park " , on a strategic corner across from UPS ,this property is in an outstanding location for industrial uses and can be a strategic asset to own.
More Information MLS# FX-10364573
Contract Information
Status: Active
Original List Price: 5467000
List Price: $5,467,000
Current Price: $5,467,000
Listing Date: 2023-01-20
Comm/Non-Rep: 1%
Comm/Buyer Agent: 2%
Comm/Trans Brk: 2%
General Property Description
Type: Industrial
For Sale: Yes
For Lease: No
Year Built: 1977
Built Desc: Resale
Acres: 1.6
Waterfront: No
Location, Tax & Legal
Area: 3560
Geo Area: FTNW
Country: United States
County: Broward
Parcel ID: 494231240021
Street #: 1601
Street Dir: NW
Street Name: 38th
Street Suffix: Avenue
State/Province: FL
Zip Code: 33311
Zoning: CW
Legal Desc: INDUSTRIAL 100 UNIT 2 85-2 B PORTION OF TR D DESC AS COMM SW COR OF TR B OF INDUSTRIAL 100 UNIT ONE-PB-85-3-B,ELY 40 TO
Tax Year: 2021
Real Estate Taxes: 48648
Geo Lat: 26.146586
Geo Lon: -80.20024
Remarks & Misc
Directions: USE GPS
Office/Member Info
DXORIGMLNO: F10364573
DXORIGMLSID: FLL
Building Info
# of Tenants: 8
# of Bays: 9
Monetary Info
Gross Oper Income: 337685
Net Oper Income: 233543
Property Features
Construction: CBS
Location: Commerce Park; Industrial Park
Sale Includes: Building and Land
Heating: Central Individual
Fire Protect: Smoke Alarm; Smoke Detector
Utilities: Electric; Public Water
Terms Considered: Cash; Other
Listing Office: Cohen Realty Group
Last Updated: March - 18 - 2024
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