Warehouse with Loading
205 N Dixie Hwy, Hallandale Beach, FL 33009
For Sale
$1,150,000
A warehouse property on North Dixie Highway includes two loading doors for freight access.
Property Size2,660 SF
Price / SF$432.33
Days on Market99
Property Features for 205 N Dixie Hwy
General Information
Standard status
Size
Property subtype
Additional Details
Asking Price
Property Use
Taxes and HOA fees
Annual Taxes
Building Details
Building Size
Year Built
Listing Agency:
The Keyes Company
Listed By:
David Heinrich · License FL #3187652
(305) 926-3106
Source:
Debuirerealty
Added: Aug 3
Changed: Nov 7
Last Checked: Nov 8 at 2:21PM
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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Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This warehouse and industrial building was constructed in 1952 and has two loading doors. The sale includes the real estate.
The property is on North Dixie Highway in Hallandale Beach, across from shopping, dining, and entertainment destinations and near a casino. Zoning is listed as CENTRAL.
The property is on North Dixie Highway in Hallandale Beach, across from shopping, dining, and entertainment destinations and near a casino. Zoning is listed as CENTRAL.
Key Highlights
- Two loading doors
- Built in 1952
- On North Dixie Highway in Hallandale Beach
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$43,394
Cap Rate
3.77%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$867,880
$867.9K
Cap Rate 7%
$619,914
$619.9K
Cap Rate 9%
$482,156
$482.2K
Market Conditions
NOI Build-Up for 2,660 SF
Gross rent
$53.6K $20.16/SF
− Vacancy
−$2.6K −$0.97/SF
EGI
$51.1K $19.19/SF
− OpEx
−$7.7K −$2.88/SF
NOI
$43.4K $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%
$867,880
Cap Rate 7%
$619,914
Cap Rate 9%
$482,156
Alternative Uses
Best Use
Warehouse
$619.9K
$542.4K – $723.2K
NOI $43,394 @ 7.0% cap · market cap 3.77%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$1.35M
$1.18M – $1.57M
NOI $94,467 @ 7.0% cap · market cap 8.21%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
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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
$248,300
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Average Price Trend$/SF for Warehouses in Broward County, FL
Properties on Market for Warehouses in Broward County
Vacancy Rate% for Industrial in South region
Similar Off Market Nearby
- Self Storage — 400 S Dixie Hwy, Hallandale Beach, FL 33009
- La criss de warehouse — 300 NW 2nd St, Hallandale Beach, FL 33009
- Two Men and a Truck Moving and Storage — 26 NW 1st St, Hallandale Beach, FL 33009
- Nova Self Storage Unit — 211 NE 3rd St, Hallandale Beach, FL 33009
- Cabessa Properties — 1610 S Dixie Hwy, Hollywood, FL 33020
Frequently Asked Questions
What type of property is this?
Warehouse - A warehouse property on North Dixie Highway includes two loading doors for freight access.
Where is this warehouse located?
The property is located at 205 N Dixie Hwy Hallandale Beach, FL.
What is the asking price?
The asking price for this property is $1,150,000.
What are key features of this property?
This property features: Two loading doors; Built in 1952; On North Dixie Highway in Hallandale Beach
