Office Showroom Warehouse on
For Sale
Contact for pricing
3860 N Powerline Rd, Deerfield Beach, FL 33073
Freestanding 11,268 SF office/showroom/warehouse on 1.0166 acres.
Property Size11,268 SF
Lot Size1.02 Acres
Price / SF$398.92
Days on Market490
Property Features for 3860 N Powerline Rd
General Information
Standard status
Active
Size
11,268 SF
Lot size
1.02 Acres
Property subtype
Retail, Industrial
Zoning
I
Building Details
Year Built
2000
Listing Agency:
CHARLES RUTENBERG REALTY
Listed By:
Greg Greer · License #3070899
Source:
Crexi
Added: Apr 10, 2025
Changed: Aug 8
Last Checked: Aug 8 at 2:59PM
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 CHARLES RUTENBERG REALTY
Investment Insights
Based on property information with market context.
This freestanding ± 11,268 SF office, showroom, and warehouse building is situated on a 1.0166 acre (44,388 SF) parcel. It is located 1.6 miles west of I-95, at the corner of Sample Road and N. Powerline Road. The building features a lobby, multiple offices, conference rooms, showroom areas, a kitchen, and a spacious rear section suitable for storage. It is well-configured with convenient parking, front and rear entrances, and an overhead door for accessibility and loading. Currently used as a corporate office for a production facility, the building accommodates diverse business uses. It is an investment opportunity for an owner/user or investor looking to capitalize on an outstanding location and long-term success.
Key Highlights
- Freestanding ± 11,268 SF Office / Showroom Warehouse on 1.0166 acre parcel.
- Excellent location: 1.6 miles West of I‑95, corner of Sample Rd and N. Powerline Rd.
- Versatile space: Lobby, multiple offices, conference rooms, showroom, kitchen, and adaptable rear storage.
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$298,658
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
6.64%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$5,973,160
$6.0M
Cap Rate 7%
$4,266,543
$4.3M
Cap Rate 9%
$3,318,422
$3.3M
Market Conditions
NOI Build-Up for 11,268 SF
Vacancy — income lost from leasable area expected to sit empty during the year, subtracted from gross rent.
EGI (Effective Gross Income) — gross rent minus vacancy losses, the realistic income before paying operating costs.
OpEx (Operating Expenses) — recurring costs to operate the property (property tax, insurance, utilities, maintenance, management); excludes financing and capital improvements.
NOI (Net Operating Income) — income a property generates after operating costs but before financing and taxes.
Gross rent
$513.8K $45.60/SF
− Vacancy
−$115.6K −$10.26/SF
EGI
$398.2K $35.34/SF
− OpEx
−$99.6K −$8.84/SF
NOI
$298.7K $26.51/SF
Area
Broward County, FL
Vacancy
22.50%
Lease Rate
$45.60 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$5,973,160
Cap Rate 7%
$4,266,543
Cap Rate 9%
$3,318,422
Alternative Uses
Best Use
Office B
$4.27M
$3.73M – $4.98M
NOI $298,658 @ 7.0% cap · market cap 6.64%
Second Best
Mixed Use
$2.78M
$2.43M – $3.24M
NOI $194,373 @ 7.0% cap · market cap 4.32%
Theoretical Best
Office A
$5.72M
$5.00M – $6.67M
NOI $400,171 @ 7.0% cap · market cap 8.90%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
1,124
Businesses Nearby
Explore this area
Business Placement
Demographics for 33073, FL
32,853
Population
12,708
Households
2.6
Avg Household Size
38
Median Age
38%
College-Educated
93%
High-School Grad
8.1 sq mi
ZIP Area
4,056
Density / Sq Mi
$99,269
Median Household Income
$50,754
Median Earnings
$2,193
Median Rent
$453,700
Median Home Value
Market
Vacancy Rate% for Office in South region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Mixed-use property - Freestanding 11,268 SF office/showroom/warehouse on 1.0166 acres.
Where is this mixed-use property located?
The property is located at 3860 N Powerline Rd Deerfield Beach, FL.
What is the asking price?
The asking price for this property is $4,495,000.
What are key features of this property?
This property features: Freestanding ± 11,268 SF Office / Showroom Warehouse on 1.0166 acre parcel.; Excellent location: 1.6 miles West of I‑95, corner of Sample Rd and N. Powerline Rd.; Versatile space: Lobby, multiple offices, conference rooms, showroom, kitchen, and adaptable rear storage.
