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Light Industrial Warehouse Park

1533-1717 SW 1st Way, Deerfield Beach, FL 33441

For Sale
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Multi-tenant flex warehouse units with loading doors, 17–18’ ceilings, and options for limited office space.

Property Size182,598 SF
Lot Size7.24 Acres
Price / SF$0.00
Days on Market141

Property Features for 1533-1717 SW 1st Way

General Information

Standard status Active
Size 182,598 SF
Total Parking Spaces 365
Lot size 7.24 Acres
Property subtype Industrial
Zoning B-3
Lease Term MG; Industrial Gross

Warehouse & Industrial

Clear Height 18 ft
Heavy Power Yes

Building Details

Building Size 182,598 SF
Year Built 1987
Stories 1
Tenancy Multi

Properties For Sale

at 1533-1717 SW 1st Way Contact us
Name Size Type Rate Availability
1533 SW 1st Way F 10/11 1,839 SF Warehouse/Distribution — — Contact us
1577 SW 1st Way #E10-11 2,000 SF Warehouse/Distribution — — Contact us
1577 SW 1st Way, E12 1,000 SF Manufacturing — — Contact us
1577 SW 1st Way, E18 1,000 SF Warehouse/Distribution — — Contact us
1601 SW 1st Way, #D5 800 SF Warehouse/Distribution — — Contact us
1625 SW 1st Way #C16 800 SF Warehouse/Distribution — — Contact us
1717 SW 1st Way #12 1,800 SF Warehouse/Distribution — — Contact us
1717 SW 1st Way #2 1,250 SF Warehouse/Distribution — — Contact us
1717 SW 1st Way #21 1,000 SF Warehouse/Distribution — — Contact us
1717 SW 1st Way, #14 1,800 SF Warehouse/Distribution — — Contact us
1717 SW 1st Way, #18 975 SF Warehouse/Distribution — — Contact us
Listed By: Natalie Delisle
Source: Levyrealtyadvisors
Added: Jun 25 Changed: Nov 11 Last Checked: Nov 12 at 5:27AM

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 Natalie Delisle

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Investment Insights

Based on property information with market context.

The Commerce Security Center is an approximately 182,000-square-foot industrial park featuring eight single-story, multi-tenant buildings constructed of concrete block with a steel metal deck roof. Built in 1987 and arranged on 7.24 acres, the park offers warehouse-focused layouts with a mix of street-level and dock-height loading doors, LED lighting, and 17- to 18-foot ceiling heights. Unit sizes range from about 800 to 8,000 square feet, and power is generally single-phase with some units having 3-phase availability. Several units include offices accounting for up to 10% of the total space. The property also includes on-site management and leasing office support.

The complex is located in Deerfield Beach, approximately 1½ miles from the intersection of I-95 and SW 10th Street, just east of Dixie Highway and the railroad tracks. The site provides parking at an approximate ratio of two spaces per 1,000 square feet of building area.

Designed for light industrial and commercial use under B-3 zoning, this warehouse park can accommodate a range of tenants needing smaller bays through larger unit sizes, along with practical loading configurations. The combination of clear ceiling height, LED lighting, and optional on-unit office space supports both storage and light service operations where space flexibility matters.

Key Highlights

  • Commerce Security Center is an approximately 182,598 SF multi‑tenant industrial park built in 1987.
  • Located on 7.24 acres, just east of Dixie Highway and the railroad tracks, about 1 1/2 miles from I‑95 & SW 10th Street.
  • Unit sizes range from 800 SF up to 8,000 SF with a mix of street‑level and dock‑height loading doors.

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$1,924,680
Suggested Prices Based on Cap Rates
Cap Rate 5%
$38,493,600 $38.5M
Cap Rate 7%
$27,495,429 $27.5M
Cap Rate 9%
$21,385,333 $21.4M
Market Conditions
NOI Build-Up for 182,598 SF
Gross rent
$3.13M $17.16/SF
− Vacancy
−$172.3K −$0.94/SF
EGI
$2.96M $16.22/SF
− OpEx
−$1.04M −$5.68/SF
NOI
$1.92M $10.54/SF
Area
Broward County, FL
Vacancy
5.50%
Lease Rate
$17.16 /SF/Yr
Expense Ratio
35.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$38,493,600
Cap Rate 7%
$27,495,429
Cap Rate 9%
$21,385,333

Alternative Uses

Best Use
Warehouse
$42.55M
$37.24M – $49.65M (±1% cap)
NOI $2,978,807 @ 7.0% cap
Second Best
Industrial
$28.16M
$24.64M – $32.85M (±1% cap)
NOI $1,971,270 @ 7.0% cap
Theoretical Best
Office A
$92.64M
$81.06M – $108.08M (±1% cap)
NOI $6,484,777 @ 7.0% cap
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

Who owns this building? See the owner, sales and loan history
Open Analytics

Current Use

Flex space

Suggested Use

Top Pick Law Firm Dental Office Real Estate Agency Parking Lot & Garage (Bike/Boat/Book/etc) Store Wine and Liquor Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

18 ft
Clear height
Multi-tenant
Tenancy
Yes
Heavy power

Location Intelligence

Trade Area within ½ mile

1,038
Businesses Nearby
Under-served
Demand for This Use

Demographics for 33441, FL

29,311
Population
15,225
Households
1.9
Avg Household Size
43
Median Age
28%
College-Educated
88%
High-School Grad
4.8 sq mi
ZIP Area
6,106
Density / Sq Mi
$57,257
Median Household Income
$35,163
Median Earnings
$1,544
Median Rent
$381,700
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Average Price Trend$/SF for Flex space in Broward County, FL

$256 Jul
$282 Aug
$317 Sep
$317 Oct

Properties on Market for Flex space in Broward County

Jul
Aug
Sep
Oct

Vacancy Rate% for Industrial in South region

6% 2019
6.5% 2020
4% 2021
3.5% 2022
6% 2023
7.6% 2024
7.9% 2025

Similar Off Market Nearby

  • Kellyscookingllc — 405 SW 13th Pl, Deerfield Beach, FL 33441
  • VIP Staffing LLC — 1428 SE 4th Ave APT 167, Deerfield Beach, FL 33441
  • A Touch of Spain and more — 964 S Deerfield Ave, Deerfield Beach, FL 33441
  • JayPee Jersey Ironbound Finest Barbeque & more — 111 SE 9th St, Deerfield Beach, FL 33441
  • Edulatin Catering — 704 SE 2nd Ave, Deerfield Beach, FL 33441

Frequently Asked Questions

What type of property is this?
Flex space - Multi-tenant flex warehouse units with loading doors, 17–18’ ceilings, and options for limited office space.
Where is this flex space located?
The property is located at 1533-1717 SW 1st Way Deerfield Beach, FL.
What are key features of this property?
This property features: Commerce Security Center is an approximately 182,598 SF multi‑tenant industrial park built in 1987.; Located on 7.24 acres, just east of Dixie Highway and the railroad tracks, about 1 1/2 miles from I‑95 & SW 10th Street.; Unit sizes range from 800 SF up to 8,000 SF with a mix of street‑level and dock‑height loading doors.
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