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Lauderhill Industrial Flex Warehouse Investment
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1601 Nw 38th Ave, Lauderhill, FL 33311

Freestanding industrial building, 100% leased, value-add opportunity.

Property Size24,850 SF
Lot Size1.60 Acres
Price / SF$0.08
Days on Market229

Property Features for 1601 Nw 38th Ave

General Information

Standard status Active
Size 24,850 SF
Lot size 1.60 Acres

Taxes and HOA fees

Annual Taxes $70,239
Listing Agency: Cohen Realty Group
Listed By: Gamila Y Cohen · License #3240294
Source: Exprealty
Added: Jan 26 Changed: Sep 8 Last Checked: Sep 11 at 4:02PM

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 Cohen Realty Group

Investment Insights

Based on property information with market context.

This freestanding 24,850-square-foot industrial flex warehouse is located in the Lauderhill industrial park on a 1.6-acre corner lot across from UPS. The property is fully leased with a diverse mix of tenants across 9 bays, some of whom have been long-term tenants for over 10 years. The building features a 14-foot clear ceiling height. The property's location is suitable for industrial uses. There is an opportunity for a new owner to increase rents to market value, as current rents are below market value.

Key Highlights

  • 100% leased with diverse, long‑term tenants, providing immediate income.
  • Opportunity to increase ROI by raising rents to market value.
  • Strategic corner location in Lauderhill industrial park, across from UPS.

Property Analytics

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Current Use

Flex space

Suggested Use

Top Pick Real Estate Agency Law Firm Dental Office Building Supply Pharmacy Hotel & Motel

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

Location Intelligence

Trade Area within ½ mile

776
Businesses Nearby
Under-served
Demand for This Use

Demographics for 33311, FL

69,413
Population
27,330
Households
2.5
Avg Household Size
37
Median Age
18%
College-Educated
81%
High-School Grad
10.4 sq mi
ZIP Area
6,674
Density / Sq Mi
$51,918
Median Household Income
$32,717
Median Earnings
$1,385
Median Rent
$276,600
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

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
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Similar Off Market Nearby

  • CHEF COMMIS, LLC 1631 NW 15th Terrace, Fort Lauderdale, FL 33311

Frequently Asked Questions

What type of property is this?
Flex space - Freestanding industrial building, 100% leased, value-add opportunity.
Where is this flex space located?
The property is located at 1601 Nw 38th Ave Lauderhill, FL.
What are key features of this property?
This property features: 100% leased with diverse, long‑term tenants, providing immediate income.; Opportunity to increase ROI by raising rents to market value.; Strategic corner location in Lauderhill industrial park, across from UPS.
More about this property
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