Freestanding Flex Space with
For Sale
Contact for pricing
3850 N Powerline Rd, Deerfield Beach, FL 33073
Two-level commercial facility combining offices, showroom areas, production space, and loading access.
Property Size19,385 SF
Lot Size1.02 Acres
Price / SF$371.16
Days on Market510
Property Features for 3850 N Powerline Rd
General Information
Standard status
Active
Size
19,385 SF
Lot size
1.02 Acres
Property subtype
Industrial
Site & Location
Highway Access
Yes
Road Access
Yes
Amenities
lobby
multiple offices
conference rooms
showroom/production areas
kitchen
mezzanine/second floor
front and rear entrances
overhead door
Building Details
Year Built
2000
Buildings
1
Stories
2
Building Size
19,385 SF
Listing Agency:
CHARLES RUTENBERG REALTY
Listed By:
Greg Greer · License #3070899
Source:
Crexi
Added: Apr 10, 2025
Changed: Aug 31
Last Checked: Sep 1 at 6:29AM
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 CHARLES RUTENBERG REALTY
Investment Insights
Based on property information with market context.
Built in 2000, this freestanding flex property contains 19,385 SF within a 44,389 SF parcel spanning 1.019 acres. The interior includes a lobby, multiple offices, conference rooms, showroom and production areas, a kitchen, and additional workspace on the mezzanine and second floor. Front and rear entrances support circulation, while an overhead door provides loading access. Parking is also available.
The property is located at 3850 N Powerline Rd in Deerfield Beach, approximately 1.6 miles west of I-95 near the intersection of Sample Rd and N. Powerline Rd. Its combination of office, showroom, production, and warehouse-oriented features supports a range of flex-space configurations.
The property is located at 3850 N Powerline Rd in Deerfield Beach, approximately 1.6 miles west of I-95 near the intersection of Sample Rd and N. Powerline Rd. Its combination of office, showroom, production, and warehouse-oriented features supports a range of flex-space configurations.
Key Highlights
- 19,385 SF freestanding office/showroom warehouse
- 1.019‑acre parcel containing 44,389 SF
- Approximately 1.6 miles west of I‑95 near Sample Rd and N. Powerline Rd
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
$513,799
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
7.14%
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%
$10,275,980
$10.3M
Cap Rate 7%
$7,339,986
$7.3M
Cap Rate 9%
$5,708,878
$5.7M
Market Conditions
NOI Build-Up for 19,385 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
$884.0K $45.60/SF
− Vacancy
−$198.9K −$10.26/SF
EGI
$685.1K $35.34/SF
− OpEx
−$171.3K −$8.84/SF
NOI
$513.8K $26.51/SF
Area
Broward County, FL
Vacancy
22.50%
Lease Rate
$45.60 /SF/Yr
Expense Ratio
25.00%
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%
$10,275,980
Cap Rate 7%
$7,339,986
Cap Rate 9%
$5,708,878
Alternative Uses
Best Use
Office B
$7.34M
$6.42M – $8.56M
NOI $513,799 @ 7.0% cap · market cap 7.14%
Second Best
Flex RnD
$6.09M
$5.33M – $7.11M
NOI $426,392 @ 7.0% cap · market cap 5.93%
Theoretical Best
Office A
$9.83M
$8.61M – $11.47M
NOI $688,438 @ 7.0% cap · market cap 9.57%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Current Use
Lease Details
Yes
Highway access
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
1,744
Businesses Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Demographics for 33073, FL
32,853
Population
12,708
Households
2.6
Avg Household Size
38
Median Age
38%
College-Educated
93%
High-School Grad
8.1 sq mi
ZIP Area
4,056
Density / Sq Mi
$99,269
Median Household Income
$50,754
Median Earnings
$2,193
Median Rent
$453,700
Median Home Value
Market
Vacancy Rate% for Office in South region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Flex space - Two-level commercial facility combining offices, showroom areas, production space, and loading access.
Where is this flex space located?
The property is located at 3850 N Powerline Rd Deerfield Beach, FL.
What is the asking price?
The asking price for this property is $7,195,000.
What are key features of this property?
This property features: 19,385 SF freestanding office/showroom warehouse; 1.019‑acre parcel containing 44,389 SF; Approximately 1.6 miles west of I‑95 near Sample Rd and N. Powerline Rd
