Flex Space with Open
New
For Sale
$3,690,000
3050 NW 60th St, Fort Lauderdale, FL 33309
A 1982-built facility pairs distinct front and operational areas with multiple loading configurations.
Property Size13,072 SF
Price / SF$282.28
Days on Market3
Property Features for 3050 NW 60th St
General Information
Standard status
Active
Size
13,072 SF
Property subtype
Commercial
Zoning
AIP
Additional Details
Property Use
Industrial Flex
Taxes and HOA fees
Annual Taxes
$42,315
Building Details
Building Size
13,072 SF
Year Built
1982
Buildings
1
Listing Agency:
Gray & Associates Properties, Inc.
Listed By:
Scott Van Vianen · License #0704169
(305) 970-2000
Source:
Grayprop
Added: Oct 26
Changed: Oct 27
Last Checked: Oct 27 at 3:29AM
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 Gray & Associates Properties, Inc.
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Investment Insights
Based on property information with market context.
This 13,072-square-foot flex property was built in 1982 and includes an open mezzanine for supplemental space. The layout separates the front-of-house area from operational space, while multiple loading configurations support different building workflows. The site is fully paved and provides parking and room for truck maneuvering.
The property is located at 3050 NW 60th St in Fort Lauderdale, Florida. Its zoning designation is AIP; permitted uses should be verified by the buyer.
The property is located at 3050 NW 60th St in Fort Lauderdale, Florida. Its zoning designation is AIP; permitted uses should be verified by the buyer.
Key Highlights
- 13,072‑square‑foot flex property
- Open mezzanine level
- Multiple loading configurations
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$217,148
Cap Rate
5.88%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$4,342,960
$4.3M
Cap Rate 7%
$3,102,114
$3.1M
Cap Rate 9%
$2,412,756
$2.4M
Market Conditions
NOI Build-Up for 13,072 SF
Gross rent
$266.7K $20.40/SF
− Vacancy
−$11.2K −$0.86/SF
EGI
$255.5K $19.54/SF
− OpEx
−$38.3K −$2.93/SF
NOI
$217.1K $16.61/SF
Area
Fort Lauderdale, FL
Vacancy
4.20%
Lease Rate
$20.40 /SF/Yr
Expense Ratio
15.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$4,342,960
Cap Rate 7%
$3,102,114
Cap Rate 9%
$2,412,756
Alternative Uses
Best Use
Warehouse
$3.10M
$2.71M – $3.62M
NOI $217,148 @ 7.0% cap · market cap 5.88%
Second Best
Flex RnD
$2.88M
$2.52M – $3.36M
NOI $201,700 @ 7.0% cap · market cap 5.47%
Theoretical Best
Office A
$8.78M
$7.69M – $10.25M
NOI $614,907 @ 7.0% cap · market cap 16.66%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
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Current Use
Location Intelligence
Trade Area within ½ mile
1,414
Businesses Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Demographics for 33309, FL
37,642
Population
14,783
Households
2.5
Avg Household Size
39
Median Age
23%
College-Educated
85%
High-School Grad
9.7 sq mi
ZIP Area
3,881
Density / Sq Mi
$73,496
Median Household Income
$35,850
Median Earnings
$1,829
Median Rent
$309,100
Median Home Value
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Market
Vacancy Rate% for Industrial in South region
Similar Off Market Nearby
- The Smokin' Turkey — Fort Lauderdale, FL 33309
- Pasteles and Tamales
Frequently Asked Questions
What type of property is this?
Flex space - A 1982-built facility pairs distinct front and operational areas with multiple loading configurations.
Where is this flex space located?
The property is located at 3050 NW 60th St Fort Lauderdale, FL.
What is the asking price?
The asking price for this property is $3,690,000.
What are key features of this property?
This property features: 13,072‑square‑foot flex property; Open mezzanine level; Multiple loading configurations
