Industrial Flex Condo For
For Sale
Contact for pricing
3718 SW 30th Ave, Fort Lauderdale, FL 33312
Well-maintained industrial flex condo in Port 95 Commerce Park.
Property Size2,640 SF
Price / SF$397.73
Days on Market206
Property Features for 3718 SW 30th Ave
General Information
Standard status
Active
Size
2,640 SF
Class
A
Property subtype
Industrial
Zoning
IM-3 Medium Industrial/ Manufacturing District
Building Details
Year Built
2004
Stories
1
Units
1
Tenancy
Single
Listing Agency:
Fausto Commercial Realty Consultants
(305) 632-2057
Listed By:
Markos Bertolotti · License #FL
Source:
Crexi
Added: Feb 5
Changed: Aug 23
Last Checked: Aug 28 at 2:56PM
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 Fausto Commercial Realty Consultants
Investment Insights
Based on property information with market context.
Located within the desirable Port 95 Commerce Park at 3718 SW 30th Ave, Fort Lauderdale, FL, this well-maintained industrial flex condo offers approximately 2,640 square feet of space. The property provides access to I-95, I-595, Port Everglades, and Fort Lauderdale–Hollywood International Airport. The warehouse features approximately 21’ clear ceiling heights, suitable for vertical storage, racking, light manufacturing, and the potential addition of a second-floor office. Constructed with durable tilt-up concrete, the building offers hurricane-resistant design, a fully air-conditioned warehouse, and a professional ground-level office presence. Additional features include a grade-level overhead door for streamlined loading, assigned parking directly in front of the unit, impact-resistant windows, and multiple ADA-compliant restrooms. The flexible open layout is suitable for distribution, showroom, storage, or operational headquarters. This property is suited for both owner-users and investors seeking a versatile asset in one of Broward County’s strategic logistics corridors.
Key Highlights
- Prime Location: Exceptional access to I‑95, I‑595, Port Everglades, and Fort Lauderdale–Hollywood International Airport.
- High Ceiling: Approximately 21’ clear ceiling heights.
- Fully Air‑Conditioned Warehouse: Climate‑controlled environment.
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$40,735
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
3.88%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$814,700
$814.7K
Cap Rate 7%
$581,929
$581.9K
Cap Rate 9%
$452,611
$452.6K
Market Conditions
NOI Build-Up for 2,640 SF
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.
Gross rent
$66.5K $25.20/SF
− Vacancy
−$3.9K −$1.46/SF
EGI
$62.7K $23.74/SF
− OpEx
−$21.9K −$8.31/SF
NOI
$40.7K $15.43/SF
Area
Fort Lauderdale, FL
Vacancy
5.80%
Lease Rate
$25.20 /SF/Yr
Expense Ratio
35.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$814,700
Cap Rate 7%
$581,929
Cap Rate 9%
$452,611
Alternative Uses
Best Use
Flex RnD
$581.9K
$509.2K – $678.9K
NOI $40,735 @ 7.0% cap · market cap 3.88%
Second Best
Industrial
$544.6K
$476.5K – $635.4K
NOI $38,121 @ 7.0% cap · market cap 3.63%
Theoretical Best
Office A
$1.77M
$1.55M – $2.07M
NOI $124,186 @ 7.0% cap · market cap 11.83%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
513
Businesses Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Demographics for 33312, FL
51,570
Population
21,332
Households
2.4
Avg Household Size
39
Median Age
28%
College-Educated
86%
High-School Grad
11.1 sq mi
ZIP Area
4,646
Density / Sq Mi
$77,644
Median Household Income
$39,333
Median Earnings
$1,566
Median Rent
$397,800
Median Home Value
Market
Vacancy Rate% for Industrial in South region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Flex space - Well-maintained industrial flex condo in Port 95 Commerce Park.
Where is this flex space located?
The property is located at 3718 SW 30th Ave Fort Lauderdale, FL.
What is the asking price?
The asking price for this property is $1,050,000.
What are key features of this property?
This property features: Prime Location: Exceptional access to I‑95, I‑595, Port Everglades, and Fort Lauderdale–Hollywood International Airport.; High Ceiling: Approximately 21’ clear ceiling heights.; Fully Air‑Conditioned Warehouse: Climate‑controlled environment.
