Fenced Warehouse
For Sale
$4,300,000
3300 Burris Road, Davie, FL 33314
COMMERCIAL - Davie, FL
Property Size15,000 SF
Lot Size0.94 Acres
Price / SF$286.67
Days on Market91
Property Features for 3300 Burris Road
General Information
Property type
Commercial Sale
Property subtype
Other
Zoning
M-3
Parking
20
Parking features
Assigned
Fencing
Fenced
Subdivision
3790
Standard status
Active
APN
504137010292
Size
15,000 SF
Lot size
0.94 Acres
Taxes and HOA fees
Tax Year
2025
Tax Description
NEWMANS SURVEY SUB NO 1 & 2 2-26 D 24-50-41 BEG SE COR TRACT 4,NLY ALG E/L FOR 371.69,WLY ALG A LINE PARA TO S/L OF TR 4 FOR 110,SLY PARA TO
Tax Annual Amount
45310
Legal Description
NEWMANS SURVEY SUB NO 1 & 2 2-26 D 24-50-41 BEG SE COR TRACT 4,NLY ALG E/L FOR 371.69,WLY ALG A LINE PARA TO S/L OF TR 4 FOR 110,SLY PARA TO
Utilities
Sewer type
Public Sewer
Water source
Public
Building Details
Year built
1965
Floors in Building
1
Flooring type
Concrete
Building materials
Block, Concrete Block - With Stucco
Roof type
Concrete
Listing Agency:
G & E Realty Group, Inc
(754) 223-4216
Listed By:
Itshak M Mor-Yossef · License #3026619
(954) 682-5599
Added: Jun 2
Changed: Aug 4
Last Checked: Aug 31 at 4:06PM
MLS# B26035966
Copyright © 2026 BeachesMLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
This warehouse property occupies a 0.94-acre site and was built in 1965. The improvements feature block construction with stucco, a concrete floor, a concrete roof, assigned parking, and perimeter fencing. M-3 zoning applies to the property.
Located at 3300 Burris Road in Davie, Florida, the property is served by public water and public sewer. The existing physical features provide a straightforward industrial setting with established building improvements and secured site conditions.
Located at 3300 Burris Road in Davie, Florida, the property is served by public water and public sewer. The existing physical features provide a straightforward industrial setting with established building improvements and secured site conditions.
Key Highlights
- 0.94‑acre warehouse site in Davie, FL
- M‑3 zoning
- 1965 construction with block and stucco exterior
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$199,074
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
4.63%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$3,981,480
$4.0M
Cap Rate 7%
$2,843,914
$2.8M
Cap Rate 9%
$2,211,933
$2.2M
Market Conditions
NOI Build-Up for 15,000 SF
Vacancy — income lost from leasable area expected to sit empty during the year, subtracted from gross rent.
EGI (Effective Gross Income) — gross rent minus vacancy losses, the realistic income before paying operating costs.
OpEx (Operating Expenses) — recurring costs to operate the property (property tax, insurance, utilities, maintenance, management); excludes financing and capital improvements.
NOI (Net Operating Income) — income a property generates after operating costs but before financing and taxes.
Gross rent
$241.2K $16.08/SF
− Vacancy
−$7.0K −$0.47/SF
EGI
$234.2K $15.61/SF
− OpEx
−$35.1K −$2.34/SF
NOI
$199.1K $13.27/SF
Area
Davie, FL
Vacancy
2.90%
Lease Rate
$16.08 /SF/Yr
Expense Ratio
15.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$3,981,480
Cap Rate 7%
$2,843,914
Cap Rate 9%
$2,211,933
Alternative Uses
Best Use
Warehouse
$2.84M
$2.49M – $3.32M
NOI $199,074 @ 7.0% cap · market cap 4.63%
Second Best
—
—
no second resolved use
Theoretical Best
—
—
same as Best Use
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
574
Businesses Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Demographics for 33314, FL
30,248
Population
12,041
Households
2.5
Avg Household Size
34
Median Age
30%
College-Educated
89%
High-School Grad
8.8 sq mi
ZIP Area
3,437
Density / Sq Mi
$63,791
Median Household Income
$36,733
Median Earnings
$2,034
Median Rent
$347,600
Median Home Value
Market
Vacancy Rate% for Industrial in South region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
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Frequently Asked Questions
What type of property is this?
Warehouse - M-3 zoning, block construction, concrete flooring, and public water and sewer define this commercial property.
Where is this warehouse located?
The property is located at 3300 Burris Road Davie, FL.
What is the asking price?
The asking price for this property is $4,300,000.
What are key features of this property?
This property features: 0.94‑acre warehouse site in Davie, FL; M‑3 zoning; 1965 construction with block and stucco exterior
