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

    4650 SW 52Nd St Davie, FL 33314

    View on Map
    Loading data...
    Loading data...
    Loading data...
    For Lease
    $16 SF/Yr

    Warehouse complex with flex, industrial, and office spaces for rent.

    Lot size:
    2.20 Acres

    Property Features for 4650 SW 52Nd St

    General Information

    Property type
    Commercial
    Standard status
    Active
    Lot size
    2.20 Acres

    We can help!

    Listing Contact
    Lynne Levy
    Source: Elliman

    Listing Agent: Lynne Levy

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

    Learn more

    Overview

    Davie Flex, Industrial, Office Space

    Pelican Bays is an 8-building warehouse complex located at State Road 7 and SW 52nd Street in Davie. The industrial park spans 199,257 square feet of flex, industrial, and office space. It is situated 1.5 miles from I-595, less than a mile from the Turnpike, and adjacent to the Hard Rock “Guitar Hotel”. The smallest office spaces at the property are 460 square feet, and the smallest warehouse spaces are 800 square feet. Pelican Bays is a community of more than 120 businesses serving Miami-Dade, Broward, and Palm Beach Counties. It features office and warehouse bays suitable for distribution, wholesale, marine, aviation, and service providers. Adjacent to the 44-acre Manheim Fort Lauderdale Auto Auction, Pelican Bays is an ideal location for auto dealers and related automotive businesses.
    Location Intelligence

    Current Use by Public Records

    Flex space

    Suggested Use

    Real Estate Agency Restaurant Law Firm Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Gym & Fitness Center Pharmacy

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

    Similar Places Nearby

    Fancy Catering Events and Rental, HOLLYWOOD SPA, Chef Alan Bergman Catering, BIG CHEF, Melva Catering Events & Rental

    Location Insight

    • Map
    • Local Demand
    City
    Davie
    County
    Broward
    State
    Florida
    Longitude
    -80.2065331
    Latitude
    26.0568787

    Nearby Similar for Lease

    • $22 SF/Yr
      19,959 SF

      Prime Retail Space in Davie

      900 sq ft retail space in historic Davie downtown.
      4480 SW 64Th Ave, Davie, FL 33314
      View Details
    • New
      $1,600 /Mo

      Davie Office Space For Rent

      First floor office space in prime Davie location.
      6099 Stirling Rd, Davie, FL 33314
      View Details
    • $2,650 /Mo

      Davie Office Suite For Lease

      Move-in ready office suite with excellent street visibility in Davie.
      5200 S University Dr, Davie, FL 33328
      View Details
    • $2,300 /Mo

      Office Space For Lease

      Well-maintained office space in Davie, ideal for various businesses.
      5220 S University Dr, Davie, FL 33328
      View Details
    • $1,500 /Mo

      Professional Office Space in Davie

      Second-floor office condo with private restroom, elevator access, covered parking.
      5595 Orange Dr, Davie, FL 33314
      View Details
    • $5,300 /Mo

      Davie Flex Office Space

      Deluxe flex office space in Davie's Corporate Park of Commerce.
      10388 W State Road 84, Davie, FL 33324
      View Details
    • $2,995 /Mo

      Renovated Office Space in Davie

      Move-in ready office space in a high-traffic Davie location.
      6958 Griffin Rd, Davie, FL 33314
      View Details
    • New
      $12 SF/Yr

      Turnkey Ready Executive Office Space

      Executive office space for lease in Davie, Florida.
      351 SW 136Th Ave, Davie, FL 33325
      View Details
    • $2,595 /Mo

      Office Space on Griffin Road

      Office space with high visibility and traffic count available for rent.
      6848 Griffin Rd, Davie, FL 33314
      View Details
    • New
      $12 SF/Yr

      Turnkey Ready Executive Office Space

      Executive office space for lease in Davie, Florida.
      351 SW 136Th Ave, Davie, FL 33325
      View Details
    • $45 SF/Yr
      13,504 SF

      Retail Space in Sheridan Shoppes

      Prime leasing opportunity in Davie, high visibility and traffic.
      15661 Sheridan St, Davie, FL 33331
      View Details
    • New
      $2,500 /Mo

      Commercial Building with Fenced Parking

      Davie commercial building suitable for agricultural uses and storage.
      2650 SW 154Th Ave, Davie, FL 33331
      View Details

    FAQs

    What type of property is this?
    Flex space - Warehouse complex with flex, industrial, and office spaces for rent.
    Where is this flex space located?
    The property is located at 4650 SW 52Nd St Davie, FL.
    What is the lease rate?
    The lease rate is $16 SF/Yr.
    What are key features of this property?
    This property features: - Excellent Location: Near I-595, the Turnpike, and the Hard Rock "Guitar Hotel".; - Diverse Tenant Community: Join over 120 vibrant businesses.; - Versatile Space Options: Mix of flex, industrial, and office spaces.
    (954) 658-3563
    Request Owner's contact information
    4650 SW 52Nd St Davie, FL 33314
    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.
    4650 SW 52Nd St
    Davie, FL 33314
    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
    4650 SW 52Nd St Davie, FL 33314
    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
    Lynne Levy
    (954) 658-3563 (954) 491-5505
    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!