Warehouse with Drive-Through
For Sale
$999,000
2355 NW 30th Street, Oakland Park, FL
COMMERCIAL - Oakland Park, FL
Property Size3,390 SF
Lot Size0.12 Acres
Price / SF$294.69
Days on Market96
Property Features for 2355 NW 30th Street
General Information
Property type
Commercial Sale
Property subtype
Other
Zoning
B-3
Parking
4
Parking features
Offsite
Lot features
Corner Lot
Directions
From Oakland Park Blvd at I-95, go west 3/4 mile to traffic signal at NW 23 Ter and turn left (south). Continue to the end & turn right at NW 30 Ct, go to the end & turn left on NW 23 Way, go 1 block & property is on east corner at NW 23 Way & NW 30 St.
Subdivision
3560
Standard status
Active
APN
494229220140
Size
3,390 SF
Lot size
0.12 Acres
Taxes and HOA fees
Tax Year
2025
Tax Description
Lot 14 Oakland Blvd Business Center 62-25 B
Tax Annual Amount
13019
Legal Description
Lot 14 Oakland Blvd Business Center 62-25 B
Utilities
Sewer type
Public Sewer
Water source
Public
Amenities
bathrooms
office
customer waiting area
drive-in overhead doors
drive-through accessibility
corner lot
rear alley
Building Details
Year built
1968
Floors in Building
1
Building materials
CBS
Roof type
Tar/Gravel, Metal
Listing Agency:
The Keyes Company
(954) 467-0105
Listed By:
Ross Z Herman · License #372598
(954) 563-6800
Added: May 19
Changed: Aug 17
Last Checked: Aug 22 at 2:06PM
MLS# B26030571
Copyright © 2026 BeachesMLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
Single-user warehouse totaling 3,390 SF on a 0.12-acre lot, zoned B-3. The building sits on a corner with a rear alley, providing access from three sides. There are four drive-in overhead doors for drive-through accessibility: three 10' x 10' doors in the rear and one in the front. Ceiling height is approximately 12'. Interior includes two bathrooms, an office, and a customer waiting area.
The property is located immediately south of Oakland Park Blvd and less than one mile west of the I-95 exit, supporting service to the northern quadrant of greater Fort Lauderdale. Construction is CBS with a tar/gravel and metal roof.
Water service is public and sewer is public sewer. Parking is listed as offsite. The building was constructed in 1968.
The property is located immediately south of Oakland Park Blvd and less than one mile west of the I-95 exit, supporting service to the northern quadrant of greater Fort Lauderdale. Construction is CBS with a tar/gravel and metal roof.
Water service is public and sewer is public sewer. Parking is listed as offsite. The building was constructed in 1968.
Key Highlights
- 3,390 SF single‑user warehouse on a 0.12‑acre lot
- Zoned B‑3
- Corner location with rear alley access from three sides
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$57,322
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
5.74%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$1,146,440
$1.1M
Cap Rate 7%
$818,886
$818.9K
Cap Rate 9%
$636,911
$636.9K
Market Conditions
NOI Build-Up for 3,390 SF
Vacancy — income lost from leasable area expected to sit empty during the year, subtracted from gross rent.
EGI (Effective Gross Income) — gross rent minus vacancy losses, the realistic income before paying operating costs.
OpEx (Operating Expenses) — recurring costs to operate the property (property tax, insurance, utilities, maintenance, management); excludes financing and capital improvements.
NOI (Net Operating Income) — income a property generates after operating costs but before financing and taxes.
Gross rent
$89.5K $26.40/SF
− Vacancy
−$7.6K −$2.24/SF
EGI
$81.9K $24.16/SF
− OpEx
−$24.6K −$7.25/SF
NOI
$57.3K $16.91/SF
Area
Broward County, FL
Vacancy
8.50%
Lease Rate
$26.40 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$1,146,440
Cap Rate 7%
$818,886
Cap Rate 9%
$636,911
Alternative Uses
Best Use
Retail
$818.9K
$716.5K – $955.4K
NOI $57,322 @ 7.0% cap · market cap 5.74%
Second Best
Warehouse
$634.9K
$555.5K – $740.7K
NOI $44,440 @ 7.0% cap · market cap 4.45%
Theoretical Best
Office A
$1.72M
$1.50M – $2.01M
NOI $120,392 @ 7.0% cap · market cap 12.05%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
12 ft
Clear height
4
Drive-in doors
100%
Occupancy
Single-tenant
Tenancy
Yes
Highway access
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
1,478
Businesses Nearby
Balanced
Demand for This Use
Explore this area
Business Placement
Market
Vacancy Rate% for Industrial in South region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Similar Off Market Nearby
- My Tool Warehouse Inc — 2772 nw 30th way, lauderdale lakes, fl 33311
- CubeSmart Self Storage — 2203 W Oakland Park Blvd, Oakland Park, FL 33311
- Crew Mail+ Services — 2090 NW 29th St, Fort Lauderdale, FL 33311
- Sunshine Holiday MHCC RV and Camping Resort — 2802 W Oakland Park Blvd, Fort Lauderdale, FL 33311
- Public Storage — 1650 W Oakland Park Blvd, Oakland Park, FL 33311
Frequently Asked Questions
What type of property is this?
Warehouse - Single-user warehouse zoned B-3 with drive-through overhead doors and public water and sewer in Oakland Park.
Where is this warehouse located?
The property is located at 2355 NW 30th Street Oakland Park, FL.
What is the asking price?
The asking price for this property is $999,000.
What are key features of this property?
This property features: 3,390 SF single‑user warehouse on a 0.12‑acre lot; Zoned B‑3; Corner location with rear alley access from three sides
