Air-Conditioned
2633 Park Lane, Hallandale Beach, FL 33009
For Sale
Contact for pricing
M-1 zoning and included material-handling equipment support industrial operations.
Property Size4,500 SF
Price / SF$2.00
Days on Market21
Property Features for 2633 Park Lane
General Information
Standard status
Size
Property subtype
Zoning
Additional Details
Road Access
Amenities
air-conditioned
high ceilings
drive-in overhead door
private office
pallet racking
forklift included
Building Details
Year Built
Listing Agency:
The MVMNT Group LLC
Listed By:
Perla Valenzuela · License FL #3551755
(786) 340-0582
Source:
Lehmannflorida
Added: Oct 20
Changed: Nov 8
Last Checked: Nov 8 at 6:43AM
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 MVMNT Group LLC
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 4,500-square-foot warehouse in Hallandale Beach has air conditioning, high ceilings, a drive-in overhead door, and a private office. Pallet racking and a forklift are included. The building was constructed in 1969 and has been repainted; the access road was also recently resurfaced.
Key Highlights
- 4,500‑square‑foot warehouse with air conditioning
- M‑1 zoning
- Drive‑in overhead door, high ceilings, and private office
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$73,411
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,468,220
$1.5M
Cap Rate 7%
$1,048,729
$1.0M
Cap Rate 9%
$815,678
$815.7K
Market Conditions
NOI Build-Up for 4,500 SF
Gross rent
$90.7K $20.16/SF
− Vacancy
−$4.4K −$0.97/SF
EGI
$86.4K $19.19/SF
− OpEx
−$13.0K −$2.88/SF
NOI
$73.4K $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%
$1,468,220
Cap Rate 7%
$1,048,729
Cap Rate 9%
$815,678
Alternative Uses
Best Use
Warehouse
$1.05M
$917.6K – $1.22M
NOI $73,411 @ 7.0% cap
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$2.28M
$2.00M – $2.66M
NOI $159,813 @ 7.0% cap
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Current Use
Lease Details
Yes
Paved road access
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
$248,300
Median Home Value
Market
Average Price Trend$/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 - M-1 zoning and included material-handling equipment support industrial operations.
Where is this warehouse located?
The property is located at 2633 Park Lane Hallandale Beach, FL.
What are key features of this property?
This property features: 4,500‑square‑foot warehouse with air conditioning; M‑1 zoning; Drive‑in overhead door, high ceilings, and private office
