Vacant Flex/Industrial
1800 N Dixie Hwy Hollywood, FL 33020
For Sale
$4,095,000
Vacant flex/industrial warehouse includes a mezzanine, air-conditioned warehouse area, and recently replaced roof.
Property Size12,013 SF
Lot Size0.33 Acres
Price / SF$340.88
Days on Market97
Property Features for 1800 N Dixie Hwy
General Information
Standard status
Active
Size
12,013 SF
Lot size
0.33 Acres
Property subtype
Commercial
Building Details
Year Built
1934
Listing Agency:
Douglas Elliman - Boca Raton
(917) 597-3090
Listed By:
Alex Sajovits · License #SL3490339
(917) 597-3090
Source:
Elliman
Added: Apr 24
Changed: Jul 20
Last Checked: Jul 28 at 9:33AM
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 Douglas Elliman - Boca Raton
Investment Insights
Based on property information with market context.
The property is a vacant 12,013 SF flex/industrial warehouse with a mezzanine, designed to support both warehouse functionality and flexible interior use. Key building features include 3-phase power, air-conditioned warehouse space, a recently replaced roof, and an existing security system.
The asset sits on a 14,176 SF lot and is zoned DH-3. Public remarks indicate retail frontage and allowance for high-intensity mixed-use development, with the potential for taller construction and higher FAR, subject to approvals.
Permitted uses listed in the remarks include retail, showroom, office, medical, restaurant, service, and flex/industrial, with the possibility of mixed-use and residential above also described as subject to approvals.
The asset sits on a 14,176 SF lot and is zoned DH-3. Public remarks indicate retail frontage and allowance for high-intensity mixed-use development, with the potential for taller construction and higher FAR, subject to approvals.
Permitted uses listed in the remarks include retail, showroom, office, medical, restaurant, service, and flex/industrial, with the possibility of mixed-use and residential above also described as subject to approvals.
Key Highlights
- Vacant 12,013 SF flex/industrial warehouse with mezzanine, built in 1934
- 14,176 SF lot with DH‑3 zoning allowing high‑intensity mixed‑use development up to 10 stories (140 ft) and FAR 3.00 (subject to approvals)
- Permitted uses include retail, showroom, office, medical, restaurant, service, and flex/industrial (with potential mixed‑use or residential above, subject to approvals)
Financial Insights For Retail
Simulate Cap Rate and NOI
NOI Build-Up
- 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.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $259.5k | $21.60 |
| − Vacancy | −$20.8k | −$1.73 |
| EGI | $238.7k | $19.87 |
| − OpEx | −$71.6k | −$5.96 |
| NOI | $167.1k | $13.91 |
12,013 SF · lease $21.60/SF/yr · vacancy 8.00% · expense 30.00%
Alternative Uses
Best Use
Retail
$2.39M
$2.09M – $2.79M
NOI $167,106 @ 7.0% cap · market cap 4.08%
Second Best
Flex RnD
$1.95M
$1.71M – $2.27M
NOI $136,429 @ 7.0% cap · market cap 3.33%
Theoretical Best
Office A
$4.70M
$4.11M – $5.48M
NOI $328,964 @ 7.0% cap · market cap 8.03%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Location Intelligence
Current Use
Similar Off Market Nearby
- SUSHI CAFE CATERING — 1310 N Dixie Hwy, Hollywood, FL 33020
- South Florida Ice Cream Trucks — 361 E Sheridan St #102, Dania Beach, FL 33004
- SSNT ICE — 1029 N 20th Ave, Hollywood, FL 33020
Frequently Asked Questions
What type of property is this?
Flex space - Vacant flex/industrial warehouse includes a mezzanine, air-conditioned warehouse area, and recently replaced roof.
Where is this flex space located?
The property is located at 1800 N Dixie Hwy Hollywood, FL.
What is the asking price?
The asking price for this property is $4,095,000.
What are key features of this property?
This property features: Vacant 12,013 SF flex/industrial warehouse with mezzanine, built in 1934; 14,176 SF lot with DH‑3 zoning allowing high‑intensity mixed‑use development up to 10 stories (140 ft) and FAR 3.00 (subject to approvals); Permitted uses include retail, showroom, office, medical, restaurant, service, and flex/industrial (with potential mixed‑use or residential above, subject to approvals)