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Warehouse Property with Fenced Parking

1125 NW 31st Avenue #1, Lauderhill, FL 33311

For Sale
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Multiple warehouse areas and a secured exterior lot support a range of business operations.

Property Size7,381 SF
Price / SF$0.11
Days on Market40

Property Features for 1125 NW 31st Avenue #1

General Information

Standard status Active
Size 7,381 SF
Property subtype Industrial
Zoning CG

Additional Details

Property Use Warehouse

Building Details

Year Built 1961
Listing Agency: Current Capital Realty
Listed By: Aleksey Kulichenko · License FL #3429316
Source: Lehmannflorida
Added: Oct 2 Changed: Nov 8 Last Checked: Nov 8 at 5:42AM

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 Current Capital Realty

Rey
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Review the available facts, identify missing information and prepare questions for the agent.

Investment Insights

Based on property information with market context.

This Lauderhill warehouse property contains multiple usable areas that can serve separate functions within a business. The site includes a fully fenced exterior lot for parking, loading, and vehicle access. The building dates to 1961, and the property is zoned CG. Stated use possibilities include auto dealerships, repair businesses, auctions, and instructional operations, as well as businesses combining warehouse and work areas.

The property is in Lauderhill, with access to major Broward County roadways connecting to Fort Lauderdale, Plantation, Sunrise, and nearby commercial markets.

Key Highlights

  • Multiple warehouse areas offer space for distinct business functions
  • Fully fenced lot accommodates parking, loading, and vehicle access
  • CG zoning

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$77,800
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,556,000 $1.6M
Cap Rate 7%
$1,111,429 $1.1M
Cap Rate 9%
$864,444 $864.4K
Market Conditions
NOI Build-Up for 7,381 SF
Gross rent
$126.7K $17.16/SF
− Vacancy
−$7.0K −$0.94/SF
EGI
$119.7K $16.22/SF
− OpEx
−$41.9K −$5.68/SF
NOI
$77.8K $10.54/SF
Area
Broward County, FL
Vacancy
5.50%
Lease Rate
$17.16 /SF/Yr
Expense Ratio
35.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,556,000
Cap Rate 7%
$1,111,429
Cap Rate 9%
$864,444

Alternative Uses

Best Use
Warehouse
$1.72M
$1.51M – $2.01M (±1% cap)
NOI $120,410 @ 7.0% cap
Second Best
Industrial
$1.14M
$996.0K – $1.33M (±1% cap)
NOI $79,683 @ 7.0% cap
Theoretical Best
Office A
$3.74M
$3.28M – $4.37M (±1% cap)
NOI $262,128 @ 7.0% cap
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

Who owns this building? See the owner, sales and loan history
Open Analytics

Current Use

Flex space

Suggested Use

Top Pick Real Estate Agency Dental Office Law Firm Spa & Massage Center Pharmacy Skin Care Clinic

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

776
Businesses Nearby
Balanced
Demand for This Use

Demographics for 33311, FL

69,413
Population
27,330
Households
2.5
Avg Household Size
37
Median Age
18%
College-Educated
81%
High-School Grad
10.4 sq mi
ZIP Area
6,674
Density / Sq Mi
$51,918
Median Household Income
$32,717
Median Earnings
$1,385
Median Rent
$276,600
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Average Price Trend$/SF for Warehouses in Broward County, FL

$237 Jul
$245 Aug
$257 Sep
$253 Oct

Properties on Market for Warehouses in Broward County

Jul
Aug
Sep
Oct

Vacancy Rate% for Industrial in South region

6% 2019
6.5% 2020
4% 2021
3.5% 2022
6% 2023
7.6% 2024
7.9% 2025

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Frequently Asked Questions

What type of property is this?
Warehouse - Multiple warehouse areas and a secured exterior lot support a range of business operations.
Where is this warehouse located?
The property is located at 1125 NW 31st Avenue #1 Lauderhill, FL.
What are key features of this property?
This property features: Multiple warehouse areas offer space for distinct business functions; Fully fenced lot accommodates parking, loading, and vehicle access; CG zoning
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Includes: Price & PSF · Cap rate · Location · Zoning

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