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

    6003-6063 NW 31st Ave Fort Lauderdale, FL

    View on Map
    Claim this Listing
    Loading data...
    Loading data...
    Loading data...
    For Lease
    Contact for pricing

    Retail-showroom type warehouse bays available for lease.

    Type:INDUSTRIAL
    Property size:
    11,307 SF
    Lot size:
    4.20 Acres
    Added:
    Feb 20, 2023
    Days on Market:
    1164
    Last Refresh:
    Apr 5 at 10:17 pm

    Property Features for 6003-6063 NW 31st Ave

    General Information

    Standard status
    Active
    Size
    11,307 SF
    Lot size
    4.20 Acres
    Property subtype
    INDUSTRIAL

    Spaces For Lease

    at 6003-6063 NW 31st Ave Contact us

    We can help!

    Listing Contact
    Jonathan Thiel

    Listing agent Jonathan Thiel

    Listing office Berger Commercial Realty Corp - Fort Lauderdale

    Listing date Feb 20, 2023

    Source Moodyscre

    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 Berger Commercial Realty Corp - Fort Lauderdale

    Overview

    Retail-Showroom Warehouse Bays For Rent

    The property features retail-showroom type warehouse bays. The base rent is $14.00 per square foot, with estimated operating expenses at $3.51 per square foot. Ceiling height is 18 feet. Each bay or suite is separately metered for tenant electrical usage. The property fronts NW 31st Street.
    Location Intelligence

    Current Use by Public Records

    Showrooms

    Suggested Use

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

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

    Similar Places Nearby

    • Neighbor Monthly Parking — 5200 NW 33rd Ave Suite 200, Fort Lauderdale, FL 33309
    • Safeway Moving Inc — 5237 NW 33rd Ave, Fort Lauderdale, FL 33309
    • Great American Moving System — 2950 NW 62nd St Suite 107, Fort Lauderdale, FL 33309
    • Executive Airport Mini Storage — 5301 NW 22nd Ave, Fort Lauderdale, FL 33309
    • United Moving Pro — 2945 W Cypress Creek Rd Suite114, Fort Lauderdale, FL 33309

    Location Insight

    • Map
    • Local Demand
    City
    Fort Lauderdale
    County
    Broward
    State
    Florida
    Longitude
    -80.1883
    Latitude
    26.1998

    Nearby Similar for Lease

    • $4,000/Mo

      Retail Space on Commercial Boulevard

      High-visibility retail space with easy access to major roadways.
      1744 E Commercial Blvd, Fort Lauderdale, FL 33334
      View Details
    • $2,500/Mo

      Downtown Fort Lauderdale Office Space

      Full-service office space near courthouse in downtown Fort Lauderdale.
      800 SE 3rd Ave, Fort Lauderdale, FL 33316
      View Details
    • $1,500/Mo

      Downtown Fort Lauderdale Office Space

      Full-service office space near courthouse in downtown Fort Lauderdale.
      800 SE 3rd Ave, Fort Lauderdale, FL 33316
      View Details
    • $2,500/Mo

      Downtown Fort Lauderdale Office Space

      Full-service office near courthouse, ideal for legal or professional services.
      800 SE 3rd Ave, Fort Lauderdale, FL 33316
      View Details
    • $1,500/Mo

      Downtown Fort Lauderdale Office Space

      Full-service office space near courthouse in downtown Fort Lauderdale.
      800 SE 3rd Ave, Fort Lauderdale, FL 33316
      View Details
    • $2,500/Mo

      Renovated Commercial Unit in Hollywood

      Turnkey space ideal for various professional uses in Hollywood.
      5980 SW 40th Ave, Fort Lauderdale, FL 33312
      View Details
    • $3,500/Mo

      Salon Space in High Demand Area

      Well-located salon space with excellent visibility and accessibility.
      3324 NE 33rd Street, Fort Lauderdale, FL 33308
      View Details
    • $2,200/Mo

      Fort Lauderdale Office/Warehouse Combination

      Office/warehouse space with easy access to major highways.
      4700 W Prospect Rd, Fort Lauderdale, FL 33309
      View Details
    • $1,000/Mo

      Renovated Office Suite in Fort Lauderdale

      Move-in ready office suite in Coral Ridge corridor.
      2430 E Commercial Blvd, Fort Lauderdale, FL 33308
      View Details
    • $2,200/Mo

      Fort Lauderdale Office/Warehouse Combination

      Office/warehouse space with easy access to major highways.
      4700 W Prospect Rd, Fort Lauderdale, FL 33309
      View Details
    • $2,500/Mo

      Fort Lauderdale Commercial Space Available

      East Fort Lauderdale commercial space in busy shopping center.
      3020 N Federal Highway, Fort Lauderdale, FL 33306
      View Details
    • $4,000/Mo

      Fort Lauderdale Office/Warehouse Combination

      Well-located office/warehouse with easy access to major highways.
      4700 W Prospect Rd, Fort Lauderdale, FL 33309
      View Details

    FAQs

    What type of property is this?
    Warehouse - Retail-showroom type warehouse bays available for lease.
    Where is this warehouse located?
    The property is located at 6003-6063 NW 31st Ave Fort Lauderdale, FL.
    What is the lease rate?
    The lease rate is $14 SF/Yr.
    What are key features of this property?
    This property features: Retail‑showroom type warehouse bays; Base rent: $14.00 PSF; Benefit from the **18' ceiling height**
    (954) 358-0900 Call to check price and availability
    We can help!
    Contact for Pricing
    Please call us for current price
    and status of this listing
    Jonathan Thiel
    Learn More
    Request Owner's contact information
    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.
    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
    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

    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!