I-95 Frontage Signature
2051 Griffin Road, Fort Lauderdale, FL 33312
For Sale
$26,900,000
Unique property with I-95 frontage and dockage.
Property Size45,220 SF
Price / SF$594.87
Days on Market357
Property Features for 2051 Griffin Road
General Information
Standard status
Size
Property subtype
Building Details
Building Size
Listing Agency:
SVN - Commercial Realty | Fort Lauderdale
Listed By:
Keith Kidwell, SIOR, CCIM · License FL #584647
(954) 234-8777
Source:
Svn
Added: Nov 21, 2025
Changed: Aug 8
Last Checked: Jul 18 at 2:36AM
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 SVN - Commercial Realty | Fort Lauderdale
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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 property presents a unique opportunity with significant I-95 exposure. It is suitable for various uses including marine, auto, truck, service, airport, and port-related activities. The site features over 1,400 lineal feet of I-95 frontage and over 1,300 lineal feet of seawall and dockage. The property includes three buildings: a 36,338 square foot concrete Twin-T service building, a 7,052 square foot office and service building, and an 1,830 square foot office building. The service building has a clear height of approximately 22 feet and column spacing of approximately 30 feet. The property also features an on-site boat ramp and heavy 3-phase power. The location provides easy access to I-95, I-595, and the Florida Turnpike, situated just north of Griffin Road.
Key Highlights
- Over 1,400 lineal feet of I‑95 frontage offering incredible exposure.
- Boasts over 1,300 lineal feet of seawall/dockage.
- 36,338 SF concrete Twin‑T service building.
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$805,506
Cap Rate
2.99%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$16,110,120
$16.1M
Cap Rate 7%
$11,507,229
$11.5M
Cap Rate 9%
$8,950,067
$9.0M
Market Conditions
NOI Build-Up for 45,220 SF
Gross rent
$1.25M $27.60/SF
− Vacancy
−$97.3K −$2.15/SF
EGI
$1.15M $25.45/SF
− OpEx
−$345.2K −$7.63/SF
NOI
$805.5K $17.81/SF
Area
Fort Lauderdale, FL
Vacancy
7.80%
Lease Rate
$27.60 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$16,110,120
Cap Rate 7%
$11,507,229
Cap Rate 9%
$8,950,067
Alternative Uses
Best Use
Retail
$11.51M
$10.07M – $13.43M
NOI $805,506 @ 7.0% cap · market cap 2.99%
Second Best
Warehouse
$10.73M
$9.39M – $12.52M
NOI $751,182 @ 7.0% cap · market cap 2.79%
Theoretical Best
Office A
$30.39M
$26.59M – $35.45M
NOI $2,127,149 @ 7.0% cap · market cap 7.91%
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
829
Businesses Nearby
Balanced
Demand for This Use
Explore this area
Business Placement
Demographics for 33312, FL
51,570
Population
21,332
Households
2.4
Avg Household Size
39
Median Age
28%
College-Educated
86%
High-School Grad
11.1 sq mi
ZIP Area
4,646
Density / Sq Mi
$77,644
Median Household Income
$39,333
Median Earnings
$1,566
Median Rent
$397,800
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Average Price Trend$/SF for Warehouses in Fort Lauderdale, FL
Properties on Market for Warehouses in Fort Lauderdale
Vacancy Rate% for Industrial in South region
Similar Off Market Nearby
- Aragon Movers — 2357 Stirling Rd, Fort Lauderdale, FL 33312
- Pitstop Auto House A.K.A PAH Automotive LLC — 2050 tigertail boulevard, bay m, dania beach, fl 33004
- Truck Space — 5555 anglers ave #27, fort lauderdale, fl 33312
- Mobile Mini — S Bearing St, Dania Beach, FL 33004
- Boat Storage — 90 N Bryan Rd, Dania Beach, FL 33004
Frequently Asked Questions
What type of property is this?
Warehouse - Unique property with I-95 frontage and dockage.
Where is this warehouse located?
The property is located at 2051 Griffin Road Fort Lauderdale, FL.
What is the asking price?
The asking price for this property is $26,900,000.
What are key features of this property?
This property features: Over 1,400 lineal feet of I‑95 frontage offering incredible exposure.; Boasts over 1,300 lineal feet of seawall/dockage.; 36,338 SF concrete Twin‑T service building.
