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    Dania Beach Flex Warehouse Title is generated by Realmo AI

    2860 W State Rd 84, Fort Lauderdale, FL

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    Flex warehouse in Dania Beach with immediate highway access.

    Type:INDUSTRIAL
    Property size:
    1,978 SF
    Lot size:
    0.93 Acres
    Price / SF:
    $594/SF
    Added:
    Oct 20, 2025
    Days on Market:
    212
    Last Refresh:
    Apr 5 at 9:01 pm

    Property Features for 2860 W State Rd 84

    General Information

    Standard status
    Active
    Size
    1,978 SF
    Lot size
    0.93 Acres
    Property subtype
    INDUSTRIAL

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    Listing Contact
    Gus Martinez

    Listing agent Gus Martinez

    Listing office CMV Realty LLC

    Listing date Oct 20, 2025

    Source Moodyscre

    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 CMV Realty LLC

    HighLights

    • Prime location directly on State Road 84 in Dania Beach with immediate I‑95 access.
    • Excellent connectivity to Fort Lauderdale‑Hollywood International Airport and Port Everglades.
    • Immediate income potential with tenant in place through September 2025.
    • ±1,978 SF flex warehouse suitable for light industrial, distribution, or service businesses.
    • High 18’ clear ceilings and efficient warehouse layout.
    • Includes two built‑out offices and one restroom.

    Overview

    This flex warehouse, located in Dania Beach, offers approximately 1,978 square feet of space. The property is positioned directly on State Road 84, providing immediate access to I-95 and connectivity to Fort Lauderdale-Hollywood International Airport, Port Everglades, and other major South Florida logistics routes. The warehouse features two built-out offices, one restroom, and high 18-foot clear ceilings. The efficient warehouse layout is suitable for light industrial, distribution, or service-oriented businesses. The property is currently tenant-occupied through September 2025, offering immediate income potential for investors or future use for owner-users.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Reverse Osmosis Watermakers ... General Contractor master development General Contractor Supreme Title & Escrow Title Company Walter Duke + Partners Real Estate Agency Bosch Marine Yacht ... (Bike/Boat/Book/etc) Store

    Suggested Use

    Restaurant Real Estate Agency Law Firm Spa & Massage Center Building Supply Dental Office Auto Repair Shop Big Box & Wholesale Store Hair Salon Gym & Fitness Center

    Zoning and permitted uses should be independently verified with local authorities.

    Similar Places Nearby

    • Marlowe Storage Facility — 2868 SW 23rd Terrace, Fort Lauderdale, FL 33312
    • M & D Pro Movers — 3708 SW 30th Ave, Fort Lauderdale, FL 33312
    • Red Rover Moving & Storage - Dania Beach — 3500-3536 SW 30th Ave, Dania Beach, FL 33312
    • Solomon & Sons Relocation Services — 3524 SW 30th Ave, Dania Beach, FL 33312

    Location Insight

    • Map
    • Local Demand
    City
    Fort Lauderdale
    County
    Broward
    State
    Florida
    Longitude
    -80.1825
    Latitude
    26.0848

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    FAQs

    What type of property is this?
    Warehouse - Flex warehouse in Dania Beach with immediate highway access.
    Where is this warehouse located?
    The property is located at 2860 W State Rd 84 Fort Lauderdale, FL.
    What is the asking price?
    The asking price for this property is $1,176,750.
    What are key features of this property?
    This property features: Prime location directly on State Road 84 in Dania Beach with immediate I‑95 access.; Excellent connectivity to Fort Lauderdale‑Hollywood International Airport and Port Everglades.; Immediate income potential with tenant in place through September 2025.
    (954) 394-7078 Call to check price and availability
    We can help!
    Contact for Pricing
    Please call us for current price
    and status of this listing
    Gus Martinez
    Learn More
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    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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