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

    2650 SW 154Th Ave Davie, FL 33331

    View on Map
    Loading data...
    Loading data...
    Loading data...
    For Sale
    Contact for pricing

    Adaptable building suitable for agricultural or commercial uses.

    Lot size:
    0.34 Acres

    Property Features for 2650 SW 154Th Ave

    General Information

    Property type
    Commercial
    Standard status
    Active
    Lot size
    0.34 Acres

    Building Details

    Year built
    1969

    We can help!

    Listing Contact
    Barry Rein
    Source: Elliman

    Listing Agency: United Realty Group, Inc Listing Agent: Barry Rein

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

    Learn more

    Overview

    Versatile Building with Fenced Parking

    This property, suitable for agricultural uses only, features an 1800+ square foot building with an overhead single garage door entrance. The building includes an office area and a new 1/2 bathroom. It also contains an in-building apartment that could serve as an office with private office space, a kitchen, and a 3/4 bath, suitable for occasional use. The property boasts a large, secure, private fenced parking area in front of the building. It is ideal for vehicle storage with minimal in/out traffic, with a preference for landscape firms or plant nurseries. Additional open ground area is available. The property offers great access to 595, I-75, West Griffin Road, and the I-75 interchange. It is suitable for interior storage, exterior parking, landscape firms, and other uses.
    Location Intelligence

    Current Use by Public Records

    Nursery and garden centers

    Suggested Use

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

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

    Similar Places Nearby

    Bernardos nursery, Amazon Pest Control Inc, Florida Aquatic Nurseries, Bender's Tropical Grove, Smart Choice Garden Center

    Location Insight

    • Map
    • Local Demand
    City
    Davie
    County
    Broward
    State
    Florida
    Longitude
    -80.3535521
    Latitude
    26.0864161

    Nearby Similar for Sale

    • $750,000
      1,970 SF

      Turnkey Flex Office/Warehouse Condo

      Deluxe flex space in Davie's 595 Corporate Park of Commerce.
      10388 W State Road 84, Davie, FL 33324
      View Details
    • $439,000
      783 SF

      Move-in Ready Davie Office Suite

      783 SF office suite in prime Davie location.
      5200 S University Dr, Davie, FL 33328
      View Details
    • $375,000

      Commercial Office Space on Griffin

      Commercial office space with high visibility and traffic count.
      6848 Griffin Rd, Davie, FL 33314
      View Details
    • $600,000

      Established Auto Shop Business Opportunity

      Profitable collision and painting shop with high visibility location.
      2031 SW 70Th Ave, Davie, FL 33317
      View Details
    • $135,000

      Established Auto Paint Business

      Profitable auto paint business for sale in Davie, Florida.
      2000 SW 71St Ter, Davie, FL 33317
      View Details
    • $380,000

      Profitable Mobile Pet Grooming Business

      Established mobile pet grooming company with high revenue and growth potential.
      Davie, FL 33325
      View Details
    • $7,299,000
      4.68 Acres

      World-Class Equestrian Show Barn

      Elite equestrian facility designed for high-level riders.
      2625 SW 148Th Ave, Davie, FL 33331
      View Details
    • $7,299,000
      4.68 Acres

      World-Class Equestrian Facility

      Exceptional equestrian property designed for elite performance and longevity.
      2625 SW 148Th Ave, Davie, FL 33331
      View Details
    • $6,300,000
      8.91 Acres

      Davie Land with Fruit Grove

      8.9 acre Davie property with fruit grove and steel building.
      4077 SW 121St Ter, Davie, FL 33330
      View Details
    • $40,000

      Head Spa and Salon

      Fully equipped head spa and salon in Davie, Florida.
      Stirling Rd, Davie, FL 33314
      View Details
    • $439,000

      Move-in Ready Davie Office Suite

      783 SF office suite in prime Davie location.
      5200 S University Dr, Davie, FL 33328
      View Details
    • $950,000

      HVAC Business Opportunity in Davie

      Profitable HVAC business with government contracts and recurring revenue.
      Davie, FL 33317
      View Details

    FAQs

    What type of property is this?
    Nursery and garden center - Adaptable building suitable for agricultural or commercial uses.
    Where is this nursery and garden center located?
    The property is located at 2650 SW 154Th Ave Davie, FL.
    What is the asking price?
    The asking price for this property is $2,500.
    What are key features of this property?
    This property features: - Ideal for agricultural uses such as nursery or landscaping.; - Building includes office area and new 1/2 bathroom.; - In-building apartment (potential office) with private office space/kitchen and 3/4 bath.
    (786) 286-2971
    Request Owner's contact information
    2650 SW 154Th Ave Davie, 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.
    2650 SW 154Th Ave
    Davie, 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
    2650 SW 154Th Ave Davie, 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
    Barry Rein
    Real Estate License ID: 3260408
    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!