Warehouse with Front and Rear
202 NW 5th Avenue, Hallandale Beach, FL 33009
For Sale
Contact for pricing
Includes an office, restroom and three-phase electrical service for operational support.
Property Size10,655 SF
Price / SF$0.00
Days on Market54
Property Features for 202 NW 5th Avenue
General Information
Standard status
Size
Property subtype
Building Details
Year Built
Listing Agency:
The Keyes Company
(954) 893-1322
Listed By:
Jimmy Alor · License FL #3406032
(305) 766-7958
Source:
Isaacsrealestate
Added: Sep 17
Changed: Nov 9
Last Checked: Nov 8 at 4:45PM
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 The Keyes Company
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Investment Insights
Based on property information with market context.
Warehouse space is offered in configurations of approximately 2,400 SF or up to 7,811 SF. The space includes a front office and restroom, with a 10' x 10' roll-up door at each end of the unit. Three-phase electrical service is also available.
Automotive services are not permitted by the landlord. The building was constructed in 1965.
Automotive services are not permitted by the landlord. The building was constructed in 1965.
Key Highlights
- Available in configurations of approximately 2,400 SF or up to 7,811 SF
- 10' x 10' roll‑up doors at the front and rear
- Front office and restroom
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$173,820
Suggested Prices Based on Cap Rates
Cap Rate 5%
$3,476,400
$3.5M
Cap Rate 7%
$2,483,143
$2.5M
Cap Rate 9%
$1,931,333
$1.9M
Market Conditions
NOI Build-Up for 10,655 SF
Gross rent
$214.8K $20.16/SF
− Vacancy
−$10.3K −$0.97/SF
EGI
$204.5K $19.19/SF
− OpEx
−$30.7K −$2.88/SF
NOI
$173.8K $16.31/SF
Area
Broward County, FL
Vacancy
4.80%
Lease Rate
$20.16 /SF/Yr
Expense Ratio
15.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$3,476,400
Cap Rate 7%
$2,483,143
Cap Rate 9%
$1,931,333
Alternative Uses
Best Use
Warehouse
$2.48M
$2.17M – $2.90M
NOI $173,820 @ 7.0% cap
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$5.41M
$4.73M – $6.31M
NOI $378,401 @ 7.0% cap
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
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Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
2,533
Businesses Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Demographics for 33009, FL
43,301
Population
31,020
Households
1.4
Avg Household Size
47
Median Age
36%
College-Educated
88%
High-School Grad
4.9 sq mi
ZIP Area
8,837
Density / Sq Mi
$48,196
Median Household Income
$33,928
Median Earnings
$1,576
Median Rent
$248,300
Median Home Value
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Market
Average Price Trend$/SF for Warehouses in Broward County, FL
Properties on Market for Warehouses in Broward County
Vacancy Rate% for Industrial in South region
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Frequently Asked Questions
What type of property is this?
Warehouse - Includes an office, restroom and three-phase electrical service for operational support.
Where is this warehouse located?
The property is located at 202 NW 5th Avenue Hallandale Beach, FL.
What are key features of this property?
This property features: Available in configurations of approximately 2,400 SF or up to 7,811 SF; 10' x 10' roll‑up doors at the front and rear; Front office and restroom
