Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Back to Search
    Oakland Park Warehouse Flex Building Title is generated by Realmo AI

    3034 NE 12th Ter, Oakland Park, FL 33334

    View on Map
    Claim this Listing
    Loading data...
    Loading data...
    Loading data...
    For Sale
    $1,550,000

    5,867 SF warehouse/flex building with secure outside storage.

    Type:Industrial
    Property size:
    5,867 SF
    Price / SF:
    $264/SF
    Added:
    Jan 26, 2026
    Days on Market:
    116
    Last Refresh:
    Apr 5 at 8:36 pm

    Property Features for 3034 NE 12th Ter

    General Information

    Standard status
    Active
    Size
    5,867 SF
    Property subtype
    Industrial

    Building Details

    Year Built
    1954

    We can help!

    Listing Contact
    Steve Hyatt
    Steve Hyatt

    Listing agent Steve Hyatt License #FL #BK411032

    Listing office Berger Commercial Realty Corp - Fort Lauderdale

    Listing date Jan 26, 2026

    Source Corfac

    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 Berger Commercial Realty Corp - Fort Lauderdale

    HighLights

    • 5,867 SF warehouse/flex building with +/- 4,000 SF secure outdoor storage.
    • Central Broward location with quick access to Federal Highway and I‑95.
    • Enjoy fully air‑conditioned office and warehouse space.
    • Secure outside storage area with concrete walls.
    • Ample surface parking with 12 spaces.
    • Twin T concrete roof.

    Overview

    This freestanding 5,867 SF warehouse flex building is available for sale in the central Oakland Park market. The property includes an approximately 4,000 SF outside fenced secure storage area suitable for vehicles or materials. The building features a Twin T concrete roof and ample surface parking with 12 spaces. The entire office and warehouse space is fully air-conditioned. The property is centrally located just south of East Oakland Park Boulevard and east of Dixie Highway and the railroad tracks, providing quick and convenient access to both Federal Highway and I-95. This central Broward location offers potential business uses for warehouse and flex space operations.

    Financial Insights

    Value Estimation Calculated for Flex RnD

    Conservative
    $1.43M
    NOI $129,051 @ 9.00% cap · cautious / downside scenario
    Moderate
    $1.84M
    NOI $129,051 @ 7.00% cap · market / base-case scenario
    Aggressive
    $2.58M
    NOI $129,051 @ 5.00% cap · optimistic / upside scenario

    NOI & Cap Rate Calculator

    NOI Build-Up
    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.
         Calculated for Flex RnD

    Component $ $/SF
    Gross rent $211.2k $36.00
    − Vacancy −$12.7k −$2.16
    EGI $198.5k $33.84
    − OpEx −$69.5k −$11.84
    NOI $129.1k $22.00
    5,867 SF · lease $36.00/SF/yr · vacancy 6.00% · expense 35.00%

    Alternative Use Scenarios

    Best Use
    Flex RnD
    $1.84M
    $1.61M – $2.15M (±1% cap)
    NOI $129,051 @ 7.0% cap · market cap 8.33%
    Second Best
    Warehouse
    $1.10M
    $961.4K – $1.28M (±1% cap)
    NOI $76,911 @ 7.0% cap · market cap 4.96%
    Theoretical Best
    Office A
    $2.98M
    $2.60M – $3.47M (±1% cap)
    NOI $208,360 @ 7.0% cap · market cap 13.44%
    Zoning and permitted uses should be independently verified with local authorities.
    Property Profile Location Intelligence

    Current Use by Public Records

    Flex space

    Suggested Use

    Law Firm Real Estate Agency Restaurant Dental Office Spa & Massage Center Hair Salon Nail Salon Daycare Center Building Supply Gym & Fitness Center

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

    Similar Places Nearby

    • Fasolinis Italian Catering — 3471 N Federal Hwy, Fort Lauderdale, FL 33306
    • JUAN AND ONLY CATERING SERVICES LLC — 4072 NE 5th Terrace, Oakland Park, FL 33334
    • Todd’s Catering — 953 E Oakland Park Blvd, Oakland Park, FL 33334
    • Jolani’s Gourmet — 4072 NE 5th Terrace, Oakland Park, FL 33334
    • Creative Elegance Catering LLC. — ne 4th avenue and, ne 16th st, fort lauderdale, fl 33334

    Location Insight

    • Map
    • Local Demand
    City
    Oakland Park
    County
    Broward
    State
    Florida
    Longitude
    -80.1304
    Latitude
    26.1654

    Nearby Similar for Sale

    • $1,500,000
      3,920 SF

      Oakland Park Freestanding Office Building

      Freestanding Oakland Park office building with B-2 zoning.
      400 NE 44th St, Oakland Park, FL 33334
      View Details
    • $1,100,000
      3,390 SF

      Oakland Park Warehouse For Sale

      3,390 SF warehouse in Oakland Park, ideal for servicing.
      2355 NW 30th Street, Oakland Park, FL
      View Details
    • $2,300,000
      9,315 SF

      Oakland Park Industrial Warehouse

      Eight-unit industrial warehouse in a desirable Oakland Park location.
      3560 NW 10th Ave, Oakland Park, FL 33309
      View Details
    • $3,500,000

      Oakland Park Mixed-Use Warehouse

      Versatile commercial warehouse suitable for retail, showroom, or industrial use.
      3555 N Andrews Ave, Oakland Park, FL 33309
      View Details
    • $483,000

      Oakland Park Commercial Unit

      Commercial unit in a prime Oakland Park location.
      1400 E Oakland Park Boulevard, Oakland Park, FL 33334
      View Details
    • $400,000
      1,994 SF

      Turnkey Office Condominium Near I-95

      Furnished office condo in Oakland Park, move-in ready near I-95.
      1640 W Oakland Park Blvd, Oakland Park, FL 33311
      View Details
    • $650,000
      1,960 SF

      Oakland Park Warehouse with Bays

      Versatile warehouse in a growing industrial corridor.
      4511 NE 6th Avenue, Oakland Park, FL
      View Details
    • $659,000
      1,664 SF

      Oakland Park Duplex For Sale

      Well-maintained duplex generating $4,250/month gross rental income.
      1402 NE 32nd Street, Oakland Park, FL 33334
      View Details
    • $650,000
      1,351 SF

      Oakland Park Income Property

      Income-producing duplex with in-law suite, ideal for investors.
      601 NE 33rd Street, Oakland Park, FL 33334
      View Details
    • $630,000
      1,660 SF

      Oakland Park Income-Producing Duplex

      Income-producing duplex with cash flow and long-term upside.
      121 NW 56th Court, Oakland Park, FL 33309
      View Details
    • $679,000

      Remodeled Commercial Property on Commercial Blvd

      Free-standing, remodeled commercial property on busy Commercial Blvd in Oakland Park.
      481 E Commercial Blvd, Oakland Park, FL 33334
      View Details
    • $599,000
      1,472 SF

      Oakland Park Duplex with Pool

      Turnkey duplex in prime location with private pool and income.
      902 NE 34th Street, Oakland Park, FL 33334
      View Details

    FAQs

    What type of property is this?
    Flex space - 5,867 SF warehouse/flex building with secure outside storage.
    Where is this flex space located?
    The property is located at 3034 NE 12th Ter Oakland Park, FL.
    What is the asking price?
    The asking price for this property is $1,550,000.
    What are key features of this property?
    This property features: 5,867 SF warehouse/flex building with +/- 4,000 SF secure outdoor storage.; Central Broward location with quick access to Federal Highway and I‑95.; Enjoy fully air‑conditioned office and warehouse space.
    (954) 494-3091
    We can help!
    Listing Contact
    Steve Hyatt
    Steve Hyatt
    Real Estate License ID: FL #BK411032
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    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
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Thank You for Inquiry
    3034 NE 12th Ter, Oakland Park, FL 33334
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!