Freestanding Industrial
For Sale
$2,195,000
1950 Grant St, Hollywood, FL 33020
Warehouse accommodations suit industrial, storage, automotive, manufacturing, and service-related uses.
Property Size6,048 SF
Lot Size0.19 Acres
Price / SF$362.93
Days on Market110
Property Features for 1950 Grant St
General Information
Standard status
Active
Size
6,048 SF
Lot size
0.19 Acres
Property subtype
Industrial
Zoning
ND-1 / RAC Overlay
Site & Location
Highway Access
Yes
Road Access
Yes
Additional Details
Warehouse Space
6,048 SF
Building Details
Building Size
6,048 SF
Buildings
1
Tenancy
Multi
Listing Agency:
Lee & Associates | Broward/Palm Beach
Listed By:
C. Todd Everett, SIOR · License #SL3265231
(561) 414-8567
Source:
Lee-associates
Added: Jun 29
Changed: Oct 15
Last Checked: Oct 16 at 6:53AM
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 Lee & Associates | Broward/Palm Beach
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Investment Insights
Based on property information with market context.
This freestanding warehouse property includes 6,048 square feet of industrial space on a ±8,235-square-foot, 0.19-acre site. The building is arranged in a multi-tenant configuration and includes multiple grade-level loading doors, creating a practical layout for warehouse and service operations. The property carries an industrial/warehouse use designation and is zoned ND-1 / RAC Overlay.
Located at 1950 Grant Street in Hollywood, the building has approximately 60 feet of frontage along Grant Street. The property is minutes from I-95, US-1, Fort Lauderdale-Hollywood International Airport, and Port Everglades, providing access to major transportation and logistics destinations in the area.
Located at 1950 Grant Street in Hollywood, the building has approximately 60 feet of frontage along Grant Street. The property is minutes from I-95, US-1, Fort Lauderdale-Hollywood International Airport, and Port Everglades, providing access to major transportation and logistics destinations in the area.
Key Highlights
- 6,048 SF freestanding industrial warehouse
- ±8,235 SF (0.19‑acre) site
- Multiple grade‑level loading doors
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$65,144
Cap Rate
2.97%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,302,880
$1.3M
Cap Rate 7%
$930,629
$930.6K
Cap Rate 9%
$723,822
$723.8K
Market Conditions
NOI Build-Up for 6,048 SF
Gross rent
$79.8K $13.20/SF
− Vacancy
−$3.2K −$0.53/SF
EGI
$76.6K $12.67/SF
− OpEx
−$11.5K −$1.90/SF
NOI
$65.1K $10.77/SF
Area
Hollywood, FL
Vacancy
4.00%
Lease Rate
$13.20 /SF/Yr
Expense Ratio
15.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,302,880
Cap Rate 7%
$930,629
Cap Rate 9%
$723,822
Alternative Uses
Best Use
Warehouse
$930.6K
$814.3K – $1.09M
NOI $65,144 @ 7.0% cap · market cap 2.97%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$2.37M
$2.07M – $2.76M
NOI $165,618 @ 7.0% cap · market cap 7.55%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
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Current Use
Lease Details
Multi-tenant
Tenancy
Yes
Highway access
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
4,006
Businesses Nearby
Balanced
Demand for This Use
Explore this area
Business Placement
Demographics for 33020, FL
45,044
Population
22,508
Households
2
Avg Household Size
41
Median Age
29%
College-Educated
89%
High-School Grad
6.0 sq mi
ZIP Area
7,507
Density / Sq Mi
$52,535
Median Household Income
$32,449
Median Earnings
$1,444
Median Rent
$306,700
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Industrial in South region
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Frequently Asked Questions
What type of property is this?
Warehouse - Warehouse accommodations suit industrial, storage, automotive, manufacturing, and service-related uses.
Where is this warehouse located?
The property is located at 1950 Grant St Hollywood, FL.
What is the asking price?
The asking price for this property is $2,195,000.
What are key features of this property?
This property features: 6,048 SF freestanding industrial warehouse; ±8,235 SF (0.19‑acre) site; Multiple grade‑level loading doors
