Add Listing
    For Lease
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    The Largest CRE Database in the US with Over 1 Million Listings

    3245 Meridian Pkwy Weston, FL 33331

    View on Map
    Loading data...
    Loading data...
    Loading data...
    For Lease
    $15 SF/Yr

    Conveniently located warehouse space in Weston, Florida, for lease.

    Property size:
    201,845 SF
    Lot size:
    201,845 SF

    Property Features for 3245 Meridian Pkwy

    General Information

    Standard status
    Active
    Size
    201,845 SF

    We can help!

    Listing Contact
    Tom O'Loughlin
    Tom O'Loughlin
    Source: Cbre

    Listing Agent: Tom O'Loughlin

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Learn more

    Property Insight Report

    Overview

    Weston Warehouse Space Available

    This property is located in Weston, Florida, less than one mile from I-75, situated between the Griffin Road and Royal Palm Boulevard exits. The building features tilt-wall construction, a metal roof deck, and steel beam and bar joist framing. A fully sprinklered fire suppression system is in place. The electric service is approximately 2,200 Amps at 480 Volts and is 3 phase. The loading area has guard gate access and includes 29 trailer stalls. The property offers excellent access to I-595 and the Florida Turnpike. The property size is 201845 square feet.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Warehouses

    Suggested Use

    Restaurant Building Supply Spa & Massage Center Auto Repair Shop Hair Salon Big Box & Wholesale Store Dental Office Hotel & Motel Nail Salon Law Firm

    Zoning and permitted uses should be independently verified with local authorities.

    Similar Places Nearby

    Public Storage, Public Storage, Public Storage

    Location Insight

    • Map
    • Local Demand
    City
    Weston
    County
    Broward
    State
    Florida
    Longitude
    -80.3698287
    Latitude
    26.0783352

    Nearby Similar for Lease

    • $1.00 SF/Yr

      Office Space in Weston, Florida

      Office space available for rent in Weston, Florida.
      1825 Main St, Weston, FL 33326
      View Details
    • $1.00 SF/Yr

      Weston Office Space Available Now

      First floor office space available for rent in Weston, Florida.
      1825 Main St, Weston, FL 33326
      View Details
    • $1.00 SF/Yr

      Office Space in Weston, FL

      Office space for rent on Main Street in Weston.
      1825 Main St, Weston, FL 33326
      View Details
    • $26 SF/Yr

      Weston Office Space Available

      Office space for lease in Weston, Florida.
      2225 N Commerce Pkwy, Weston, FL 33326
      View Details
    • $22 SF/Yr

      Weston Executive Office Sublease Opportunity

      Sublease opportunity in Weston's Class A Executive Office Park.
      2883 Executive Park Dr, Weston, FL 33331
      View Details
    • $22 SF/Yr

      Weston Office Space Available

      Office space in Weston with first-class design and abundant light.
      2883 Executive Park Dr, Weston, FL 33331
      View Details
    • Sponsored
      Contact for pricing

      Weston Pointe II

      Flexible workspace in West Loop 200 S. Wacker
      2200 Commerce Pkwy, Weston, FL 33326
      View Details
    • $1,500 /Mo

      Prestigious Weston Office Space Available

      Furnished office in prestigious building with included utilities and amenities.
      2893 Executive Park Dr, Weston, FL 33331
      View Details
    • $1,500 /Mo

      Prestigious Weston Office Space Available

      Furnished office in Weston with ample parking and security.
      2893 Executive Park Dr, Weston, FL 33331
      View Details
    • Contact for pricing
      1,500 SF

      Retail Space in High-Income Area

      Retail space in premier South Florida market with high income.
      16200-16220 Indian Trce, Weston, FL 33326
      View Details
    • Contact for pricing
      7,948 SF

      Freestanding Office Building on Lake

      Freestanding office building with lake view, renovated lobby, and management.
      3050 Universal Blvd, Weston, FL 33331
      View Details
    • Contact for pricing
      34,153 SF

      Freestanding Office Building For Rent

      Freestanding office building with renovated lobby and lake view.
      3040 Universal Blvd, Weston, FL 33331
      View Details

    FAQs

    What type of property is this?
    Warehouse - Conveniently located warehouse space in Weston, Florida, for lease.
    Where is this warehouse located?
    The property is located at 3245 Meridian Pkwy Weston, FL.
    What is the lease rate?
    The lease rate is $15 SF/Yr.
    What are key features of this property?
    This property features: - Conveniently located less than one mile from I-75.; - Excellent access to I-595 and the Florida Turnpike.; - Benefit from **±2,200 Amps/ 480 Volt, 3-phase electric service**.
    (954) 817-3919
    Request Owner's contact information
    3245 Meridian Pkwy Weston, FL 33331
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    3245 Meridian Pkwy
    Weston, FL 33331
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    3245 Meridian Pkwy Weston, FL 33331
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    We can help!
    Listing Contact
    Tom O'Loughlin
    Tom O'Loughlin
    (954) 817-3919 (305) 374-1000
    Learn more
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!