Warehouse with Four Office
2225 SW 57th Ave #2, West Park, FL 33023
For Sale
$255,000
A garage door, overhead storage, and M-2 zoning support a range of commercial functions.
Property Size917 SF
Price / SF$278.08
Days on Market18
Property Features for 2225 SW 57th Ave #2
General Information
Standard status
Size
Property subtype
Zoning
Warehouse & Industrial
Warehouse Space
Drive-In Doors
Additional Details
Property Use
Taxes and HOA fees
Annual Taxes
Building Details
Building Size
Year Built
Buildings
Listing Agency:
Lifestyle International Realty
(305) 809-8085
Listed By:
Rafael Latorre · License #3153833
(305) 610-5821
Source:
Futureoptionrealty
Added: Oct 23
Changed: Nov 7
Last Checked: Nov 8 at 4:11PM
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 Lifestyle International Realty
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This 917-square-foot warehouse contains four drywall-finished office rooms and a large garage door for loading. An attic adds storage capacity, and the property is vacant. The building dates to 1989 and is zoned M-2.
Located in West Park, Florida, the property includes parking for staff and visitors. Mechanic shop use is prohibited; other uses are subject to applicable zoning requirements.
Located in West Park, Florida, the property includes parking for staff and visitors. Mechanic shop use is prohibited; other uses are subject to applicable zoning requirements.
Key Highlights
- 917‑square‑foot warehouse with four drywall offices
- Large garage door for loading and unloading
- Attic storage area
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$14,959
Cap Rate
5.87%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$299,180
$299.2K
Cap Rate 7%
$213,700
$213.7K
Cap Rate 9%
$166,211
$166.2K
Market Conditions
NOI Build-Up for 917 SF
Gross rent
$18.5K $20.16/SF
− Vacancy
−$887 −$0.97/SF
EGI
$17.6K $19.19/SF
− OpEx
−$2.6K −$2.88/SF
NOI
$15.0K $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%
$299,180
Cap Rate 7%
$213,700
Cap Rate 9%
$166,211
Alternative Uses
Best Use
Warehouse
$213.7K
$187.0K – $249.3K
NOI $14,959 @ 7.0% cap · market cap 5.87%
Second Best
Industrial
$141.4K
$123.8K – $165.0K
NOI $9,900 @ 7.0% cap · market cap 3.88%
Theoretical Best
Office A
$465.2K
$407.1K – $542.8K
NOI $32,566 @ 7.0% cap · market cap 12.77%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Current Use
Lease Details
1
Drive-in doors
Location Intelligence
Trade Area within ½ mile
1,954
Businesses Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Demographics for 33023, FL
66,749
Population
22,450
Households
3
Avg Household Size
38
Median Age
20%
College-Educated
84%
High-School Grad
8.8 sq mi
ZIP Area
7,585
Density / Sq Mi
$70,003
Median Household Income
$35,093
Median Earnings
$1,621
Median Rent
$344,500
Median Home Value
Market
Average Price Trend$/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
- public storage — 6340 sw 34th ct, miramar, fl 33023
- Self Storage — 5961 w hallandale beach blvd #18, west park, fl 33023
- Nearby Storage Units - West Park, FL — 5790 w hallandale beach blvd, west park, fl 33023
- West Storage Units — 2313 SW 61st Ave, Miramar, FL 33023
- Moving champion LLC — 2212 S State Rd 7 Unit 6, Miramar, FL 33023
Frequently Asked Questions
What type of property is this?
Warehouse - A garage door, overhead storage, and M-2 zoning support a range of commercial functions.
Where is this warehouse located?
The property is located at 2225 SW 57th Ave #2 West Park, FL.
What is the asking price?
The asking price for this property is $255,000.
What are key features of this property?
This property features: 917‑square‑foot warehouse with four drywall offices; Large garage door for loading and unloading; Attic storage area
