Vacant Flex/Industrial
1800 N Dixie Hwy Hollywood, FL 33020
1800 N Dixie Hwy, Hollywood, FL, 33020
$4,095,000
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 Market89
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
(917) 597-3090
Listed by
Alex Sajovits · License #SL3490339
(917) 597-3090
Source
Elliman
Added: Apr 24 Updated: Jul 20 at 11:17PM Checked: Jul 21 at 5:51AM
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 Alex Sajovits
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)
Local 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 local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Led Pro's
Building Supply
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FAQs
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)
