Flex Space with Mechanic
For Sale
$1,300,000
Pending
6115 NW 77th Way, Tamarac, FL 33321
Zoned for use code 48, this fully fenced end-of-street flex facility includes office space and a mechanic shop.
Property Size6,380 SF
Days on Market2696
Property Features for 6115 NW 77th Way
General Information
Standard status
Pending
Size
6,380 SF
Property subtype
General Commercial
Zoning
Use Code 48
Site & Location
Road Access
Yes
Fenced Yard
Yes
Outdoor Storage
Yes
Additional Details
Drive-In Doors
2
Service Bays
2
Amenities
conference room
kitchen
full bathroom with shower and lockers
alarm system
cameras
network wiring
3
35 Parking Spaces.
Building Details
Year Built
1977
Buildings
1
Building Size
6,000 SF
Listing Agency:
RE/MAX Park Creek Realty Inc
(954) 650-2368
Listed By:
Don Pennington · License #674563
(954) 650-2368
Source:
Xome
Added: Mar 15, 2019
Changed: Jul 30
Last Checked: Jul 30 at 4:37PM
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 Park Creek Realty Inc
Investment Insights
Based on property information with market context.
Flex space totaling 6,380 SF built in 1977, designed for contractors and service-oriented operations. The building includes office and warehouse space, a mechanic shop, and a conference room, along with a kitchen, a full bathroom with shower, and lockers. Outside, there is covered storage and the site is fully fenced and located at the end of a street for added security and privacy.
The mechanic shop features two 10 x 10 roll-up garage doors to support vehicle and equipment access. The property provides 35 parking spaces and includes an alarm system, cameras, and network wiring for day-to-day operations and security.
Zoned for use code 48, the layout supports vehicle and equipment parking as well as storage, with space planning focused on efficient on-site workflow.
The mechanic shop features two 10 x 10 roll-up garage doors to support vehicle and equipment access. The property provides 35 parking spaces and includes an alarm system, cameras, and network wiring for day-to-day operations and security.
Zoned for use code 48, the layout supports vehicle and equipment parking as well as storage, with space planning focused on efficient on-site workflow.
Key Highlights
- 6,380 SF flex space built in 1977 with office and warehouse space
- Fully fenced site located at the end of a street for added security and privacy
- Mechanic shop with two 10 x 10 roll‑up garage doors
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 | $168.4k | $26.40 |
| − Vacancy | −$14.3k | −$2.24 |
| EGI | $154.1k | $24.16 |
| − OpEx | −$46.2k | −$7.25 |
| NOI | $107.9k | $16.91 |
6,380 SF · lease $26.40/SF/yr · vacancy 8.50% · expense 30.00%
Alternative Uses
Best Use
Office B
$2.42M
$2.11M – $2.82M
NOI $169,102 @ 7.0% cap · market cap 13.01%
Second Best
Flex RnD
$2.00M
$1.75M – $2.34M
NOI $140,334 @ 7.0% cap · market cap 10.79%
Theoretical Best
Office A
$3.24M
$2.83M – $3.78M
NOI $226,579 @ 7.0% cap · market cap 17.43%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Current Use
Lease Details
2
Drive-in doors
2
Service bays
Yes
Fenced yard
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
1,586
Businesses Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Demographics for 33321, FL
51,011
Population
24,009
Households
2.1
Avg Household Size
48
Median Age
28%
College-Educated
89%
High-School Grad
8.2 sq mi
ZIP Area
6,221
Density / Sq Mi
$60,013
Median Household Income
$38,742
Median Earnings
$1,846
Median Rent
$259,200
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?
Flex space - Zoned for use code 48, this fully fenced end-of-street flex facility includes office space and a mechanic shop.
Where is this flex space located?
The property is located at 6115 NW 77th Way Tamarac, FL.
What is the asking price?
The asking price for this property is $1,300,000.
What are key features of this property?
This property features: 6,380 SF flex space built in 1977 with office and warehouse space; Fully fenced site located at the end of a street for added security and privacy; Mechanic shop with two 10 x 10 roll‑up garage doors
