Lauderhill Warehouse with Flexible
For Sale
Contact for pricing
1109 NW 31st Ave, Lauderhill, FL
Warehouse with excellent street exposure and flexible lease terms.
Property Size7,381 SF
Lot Size0.41 Acres
Price / SF$325.16
Days on Market351
Property Features for 1109 NW 31st Ave
General Information
Standard status
Active
Size
7,381 SF
Lot size
0.41 Acres
Property subtype
INDUSTRIAL
Listing Agency:
Level Realty
(973) 738-9399
Listed By:
William Bonomo · License #3488299
(973) 738-9399
Source:
Moodyscre
Added: Aug 14, 2025
Changed: Jul 6
Last Checked: Jul 21 at 5:25AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Level Realty
Investment Insights
Based on property information with market context.
This 7,381 square foot property is located in Lauderhill, Florida. It offers excellent street exposure directly off Sunrise Boulevard. The property features ample on-site parking for staff and customers, along with 12 roll-up doors to facilitate logistics. It provides quick access to I-95 and Florida’s Turnpike and is located minutes from Port Everglades. The location is also close to Tri-Rail and Brightline stations, providing additional transportation options. The property's tenants have leases that are bilaterally cancelable no later than 30 days prior to the end of the term. The property is situated near busy W Sunrise Blvd, offering easy access to the Fort Lauderdale market. The property can be used as a warehouse, industrial property, or flex space.
Key Highlights
- Excellent street exposure directly off Sunrise Blvd.
- Ample on‑site parking for staff and customers
- 12 roll‑up doors for seamless logistics
Financial Insights For Flex RnD
Simulate Cap Rate and NOI
NOI Build-Up
- 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.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $265.7k | $36.00 |
| − Vacancy | −$15.9k | −$2.16 |
| EGI | $249.8k | $33.84 |
| − OpEx | −$87.4k | −$11.84 |
| NOI | $162.4k | $22.00 |
7,381 SF · lease $36.00/SF/yr · vacancy 6.00% · expense 35.00%
Alternative Uses
Best Use
Flex RnD
$2.32M
$2.03M – $2.71M
NOI $162,352 @ 7.0% cap · market cap 6.76%
Second Best
Warehouse
$1.38M
$1.21M – $1.61M
NOI $96,758 @ 7.0% cap · market cap 4.03%
Theoretical Best
Office A
$3.74M
$3.28M – $4.37M
NOI $262,128 @ 7.0% cap · market cap 10.92%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
971
Businesses Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Market
Properties on Market for Warehouses in Broward County
Vacancy Rate% for Industrial in South region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Similar Off Market Nearby
- Record Nations — 7860 W Commercial Blvd UNIT A-5, Lauderhill, FL 33351
- Public Storage — 4811 N University Dr, Lauderhill, FL 33351
- Public Storage — 8560 W Commercial Blvd, Sunrise, FL 33351
Frequently Asked Questions
What type of property is this?
Warehouse - Warehouse with excellent street exposure and flexible lease terms.
Where is this warehouse located?
The property is located at 1109 NW 31st Ave Lauderhill, FL.
What is the asking price?
The asking price for this property is $2,400,000.
What are key features of this property?
This property features: Excellent street exposure directly off Sunrise Blvd.; Ample on‑site parking for staff and customers; 12 roll‑up doors for seamless logistics
