Freestanding Warehouse with
For Sale
$650,000
Pending
5824 Dewey St, Hollywood, FL 33023
Freestanding warehouse on a large lot with 10 parking spaces and space available for an owner user.
Property Size4,260 SF
Lot Size0.36 Acres
Days on Market2838
Property Features for 5824 Dewey St
General Information
Standard status
Pending
Size
4,260 SF
Lot size
0.36 Acres
Property subtype
General Commercial
Additional Details
Highway Access
Yes
Amenities
3
10 Parking Spaces.
Building Details
Year Built
1965
Building Size
4,260 SF
Listing Agency:
RE/MAX 5 Star Realty
(954) 453-1000
Listed By:
John DeMarco · License #3134747
(954) 453-1000
Source:
Xome
Added: Oct 28, 2018
Changed: Jul 30
Last Checked: Jul 30 at 6:03AM
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 RE/MAX 5 Star Realty
Investment Insights
Based on property information with market context.
Freestanding warehouse at 5824–5826 Dewey Street offering 4,260 square feet of leasable space on a 15,734 square foot lot. The property was built in 1965 and includes 10 parking spaces. Interior features include 3 guest facilities. The listing notes the building can work for an owner user, with 1,560 sf available right away.
The location is described as just east of US 441 / State Rd 7 and Florida’s Turnpike, providing convenient access to major roadways.
Showings are by appointment only, and existing tenant should not be disturbed.
The location is described as just east of US 441 / State Rd 7 and Florida’s Turnpike, providing convenient access to major roadways.
Showings are by appointment only, and existing tenant should not be disturbed.
Key Highlights
- Freestanding warehouse with 4,260 square feet of leasable space
- Large 15,734 square foot lot
- 1,560 sf available right away for an owner user
Financial Insights For Flex RnD
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 | $81.8k | $19.20 |
| − Vacancy | −$7.4k | −$1.73 |
| EGI | $74.4k | $17.47 |
| − OpEx | −$26.1k | −$6.12 |
| NOI | $48.4k | $11.36 |
4,260 SF · lease $19.20/SF/yr · vacancy 9.00% · expense 35.00%
Alternative Uses
Best Use
Flex RnD
$691.1K
$604.8K – $806.3K
NOI $48,380 @ 7.0% cap · market cap 7.44%
Second Best
Warehouse
$655.5K
$573.6K – $764.8K
NOI $45,885 @ 7.0% cap · market cap 7.06%
Theoretical Best
Office A
$1.67M
$1.46M – $1.94M
NOI $116,656 @ 7.0% cap · market cap 17.95%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Current Use
Lease Details
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
1,905
Businesses Nearby
Balanced
Demand for This Use
Explore this area
Business Placement
Demographics for 33023, FL
66,749
Population
22,450
Households
3
Avg Household Size
38
Median Age
20%
College-Educated
84%
High-School Grad
8.8 sq mi
ZIP Area
7,585
Density / Sq Mi
$70,003
Median Household Income
$35,093
Median Earnings
$1,621
Median Rent
$344,500
Median Home Value
Market
Properties on Market for Warehouses in Broward County
Vacancy Rate% for Industrial in South region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Similar Off Market Nearby
- Self Storage — 2050 SW 61st Ave, Miramar, FL 33023
- Self-Storage at U-Haul — 2033 S State Rd 7, West Park, FL 33023
- PEM441 — 5853 SW 21st St, West Park, FL 33023
- Delta Van Lines — 4841 pembroke rd, hollywood, fl 33021
- Sir Stor-A-Lot Self Storage — 1973 S State Rd 7, West Park, FL 33023
Frequently Asked Questions
What type of property is this?
Warehouse - Freestanding warehouse on a large lot with 10 parking spaces and space available for an owner user.
Where is this warehouse located?
The property is located at 5824 Dewey St Hollywood, FL.
What is the asking price?
The asking price for this property is $650,000.
What are key features of this property?
This property features: Freestanding warehouse with 4,260 square feet of leasable space; Large 15,734 square foot lot; 1,560 sf available right away for an owner user
