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    821 NW 57Th Pl Fort Lauderdale, FL 33309

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    For Sale
    $5,495,000

    Dock-high warehouse for sale in a desirable submarket.

    Lot size:
    1.02 Acres

    Property Features for 821 NW 57Th Pl

    General Information

    Lot size
    1.02 Acres

    Building Details

    Year built
    1971

    Source: Bonvie Realty Agent Richard Bonvie

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

    Overview

    Industrial Warehouse in Fort Lauderdale

    Located at 821-841 NW 57th Place in Fort Lauderdale, this industrial dock-high warehouse is available for sale. Constructed in 1972, the property features solid concrete block construction and comprises 23,777 rentable square feet situated on a 1.02-acre site. The warehouse includes three bays, which are currently 100% leased under NNN leases, generating a net operating income (NOI) of approximately $344,244 annually. Each unit benefits from additional outside storage. The property is positioned in a highly desirable submarket and benefits from strong local demand, offering an excellent market position. While occupancy is currently stabilized, there is potential for a new owner to increase rents, as current in-place rents are approximately 20% below prevailing submarket levels, enhancing the property's value.
    Insight Report Location Intelligence

    Current Use by Public Records

    Mckee's Tees Plus Commercial Printer Enviro Voraxial Technology ... Oil Field Equipment Supplier Wastewater Treatment Separator Association Or Organization Florida Precision Aerospace Environmental Program

    Suggested Use

    Restaurant Realty agency Law Firm Dental Office Spa & Massage Building Supply Wholesale Shop Hair Salon Auto Repair Shop Clothing Store

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

    Similar Places Nearby

    Raad Logistics and Warehousing, Bekins of South Florida, Duntara Moving & Storage Ft Lauderdale Movers, Extra Space Storage, Public Storage

    Location Insight

    • Map
    • Local Demand
    City
    Fort Lauderdale
    County
    Broward
    State
    Florida
    Longitude
    -80.1544875
    Latitude
    26.1993284

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    FAQs

    What type of property is this?
    Warehouse - Dock-high warehouse for sale in a desirable submarket.
    Where is this warehouse located?
    The property is located at 821 NW 57Th Pl Fort Lauderdale, FL.
    What is the asking price?
    The asking price for this property is $5,495,000.
    What are key features of this property?
    This property features: - 100% Leased NNN Leases providing an in place NOI of $344,244.00 +/-; - Opportunity to increase rents approximately 20% +/- to prevailing submarket levels; - Rare Industrial Dock-High Warehouse in a desirable submarket
    (954) 232-8494
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    821 NW 57Th Pl Fort Lauderdale, FL 33309
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    Realmo Value Estimation

    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.

    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.

    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
    821 NW 57Th Pl Fort Lauderdale, FL 33309
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