Multi-Bay Auto
2916 SE 6th Ave, Fort Lauderdale, FL 33316
For Sale
Contact for pricing
Two contiguous parcels combine automotive improvements, fenced yard space, and B-3 zoning.
Property Size12,613 SF
Lot Size0.81 Acres
Price / SF$554.98
Days on Market24
Property Features for 2916 SE 6th Ave
General Information
Standard status
Size
Lot size
Property subtype
Zoning
Site & Location
Highway Access
Fenced Yard
Building Details
Buildings
Listing Agency:
Lee & Associates | Broward/Palm Beach
(954) 399-6299
Listed By:
Greg Milopoulos · License ##BK3121415
(954) 558-1220
Source:
Moodyscre
Added: Oct 15
Changed: Nov 3
Last Checked: Nov 6 at 11:58AM
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 Lee & Associates | Broward/Palm Beach
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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.
The automotive property comprises two contiguous parcels totaling approximately 12,613 SF on 0.81 AC. At 2916 SE 6th Ave, the 11,412 SF building has multiple bays, a fenced yard, and approximately 30 parking spaces. The 1,201 SF building at 2900 SE 6th Ave is identified as a former rental building and has approximately 55 surface parking spaces. The site has automotive infrastructure and B-3 zoning.
The property offers access to I-595, Port Everglades, FLL Airport, and US-1.
The property offers access to I-595, Port Everglades, FLL Airport, and US-1.
Key Highlights
- Two contiguous parcels totaling ±12,613 SF on 0.81 AC
- B‑3 zoning and automotive infrastructure in place
- 2916 SE 6th Ave: ±11,412 SF, multiple bays, fenced yard, and ±30 parking spaces
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$224,676
Cap Rate
3.21%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$4,493,520
$4.5M
Cap Rate 7%
$3,209,657
$3.2M
Cap Rate 9%
$2,496,400
$2.5M
Market Conditions
NOI Build-Up for 12,613 SF
Gross rent
$348.1K $27.60/SF
− Vacancy
−$27.2K −$2.15/SF
EGI
$321.0K $25.45/SF
− OpEx
−$96.3K −$7.63/SF
NOI
$224.7K $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%
$4,493,520
Cap Rate 7%
$3,209,657
Cap Rate 9%
$2,496,400
Alternative Uses
Best Use
Retail
$3.21M
$2.81M – $3.74M
NOI $224,676 @ 7.0% cap · market cap 3.21%
Second Best
Industrial
$2.60M
$2.28M – $3.04M
NOI $182,127 @ 7.0% cap · market cap 2.60%
Theoretical Best
Office A
$8.48M
$7.42M – $9.89M
NOI $593,316 @ 7.0% cap · market cap 8.48%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
See the owner, sales and loan history
Open Analytics
Current Use
Lease Details
Yes
Fenced yard
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
1,580
Businesses Nearby
215k
Monthly Visits Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Dining 38%
Shops & Services 23%
Groceries 21%
Home Improvements & Furnishings 17%
Publix
Groceries
44,370 visits/mo
0.3 miles
Lowe's
Home Improvements & Furnishings
34,783 visits/mo
0.5 miles
McDonald's
Dining
22,749 visits/mo
0.3 miles
7-Eleven
Shops & Services
16,852 visits/mo
0.3 miles
Wendy's
Dining
16,393 visits/mo
0.4 miles
Demographics for 33316, FL
12,669
Population
8,946
Households
1.4
Avg Household Size
50
Median Age
54%
College-Educated
95%
High-School Grad
4.1 sq mi
ZIP Area
3,090
Density / Sq Mi
$89,200
Median Household Income
$52,992
Median Earnings
$2,047
Median Rent
$793,500
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Average Price Trend$/SF for Auto shops in Broward County, FL
Properties on Market for Auto shops in Broward County
Vacancy Rate% for Retail in Fort Lauderdale, FL
Similar Off Market Nearby
- Mario's tires — 1919 NW 19th St Suite 206, Fort Lauderdale, FL 33311
- Trotta Tire & Rubber Co — 1919 NW 19th St, Fort Lauderdale, FL 33311
- Marc Tires & L1 Inc — 1953 NW 9th Ave, Fort Lauderdale, FL 33311
- Hamill Tire and Auto Service — 2425 N Andrews Ave, Wilton Manors, FL 33311
- Hamill Tire — 2425 N Andrews Ave, Fort Lauderdale, FL 33309
Frequently Asked Questions
What type of property is this?
Auto shop - Two contiguous parcels combine automotive improvements, fenced yard space, and B-3 zoning.
Where is this auto shop located?
The property is located at 2916 SE 6th Ave Fort Lauderdale, FL.
What is the asking price?
The asking price for this property is $7,000,000.
What are key features of this property?
This property features: Two contiguous parcels totaling ±12,613 SF on 0.81 AC; B‑3 zoning and automotive infrastructure in place; 2916 SE 6th Ave: ±11,412 SF, multiple bays, fenced yard, and ±30 parking spaces
