Small-Bay Industrial
For Sale
Contact for pricing
4019 NE 6th Avenue, Fort Lauderdale, FL 33334
For sale small-bay warehouse suited to owner-users and investors seeking flexible industrial space.
Property Size9,712 SF
Price / SF$252.27
Days on Market69
Property Features for 4019 NE 6th Avenue
General Information
Standard status
Active
Size
9,712 SF
Class
B
Total Parking Spaces
10
Property subtype
Industrial
Zoning
I-1
Investment Type
Value Add
Building Details
Year Built
1970
Year Renovated
2024
Listing Agency:
Biscayne Advisors
Listed By:
Yishai Sinai · License #FL
Source:
Crexi
Added: Jun 3
Changed: Aug 8
Last Checked: Aug 9 at 1:44PM
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 Biscayne Advisors
Investment Insights
Based on property information with market context.
This offering is a small-bay industrial warehouse presented for sale as an owner-user and investor alternative. The property is listed as a warehouse/industrial asset and totals 9,712 square feet, providing a compact footprint for businesses that want dedicated industrial space.
Located at 4019 Northeast 6th Avenue in Fort Lauderdale, Florida (33334), the property is positioned for practical day-to-day industrial use within an established urban market. As presented, no additional building amenities or site specifics are provided in the available materials.
The small-bay configuration can be a strong fit for operators who prefer a manageable industrial size for operations that do not require a large, single-open space. For investors, the compact warehouse format may support a straightforward ownership strategy based on the asset type and total square footage disclosed. Interested parties should review the full unit and building details during due diligence to confirm layout, access, and any existing improvements that align with their intended use.
Located at 4019 Northeast 6th Avenue in Fort Lauderdale, Florida (33334), the property is positioned for practical day-to-day industrial use within an established urban market. As presented, no additional building amenities or site specifics are provided in the available materials.
The small-bay configuration can be a strong fit for operators who prefer a manageable industrial size for operations that do not require a large, single-open space. For investors, the compact warehouse format may support a straightforward ownership strategy based on the asset type and total square footage disclosed. Interested parties should review the full unit and building details during due diligence to confirm layout, access, and any existing improvements that align with their intended use.
Key Highlights
- Small‑bay industrial warehouse suited to owner‑users and investors
- Built in 1970
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
$161,333
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
6.59%
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%
$3,226,660
$3.2M
Cap Rate 7%
$2,304,757
$2.3M
Cap Rate 9%
$1,792,589
$1.8M
Market Conditions
NOI Build-Up for 9,712 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
$198.1K $20.40/SF
− Vacancy
−$8.3K −$0.86/SF
EGI
$189.8K $19.54/SF
− OpEx
−$28.5K −$2.93/SF
NOI
$161.3K $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 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%
$3,226,660
Cap Rate 7%
$2,304,757
Cap Rate 9%
$1,792,589
Alternative Uses
Best Use
Warehouse
$2.30M
$2.02M – $2.69M
NOI $161,333 @ 7.0% cap · market cap 6.59%
Second Best
Industrial
$2.00M
$1.75M – $2.34M
NOI $140,237 @ 7.0% cap · market cap 5.72%
Theoretical Best
Office A
$6.53M
$5.71M – $7.61M
NOI $456,852 @ 7.0% cap · market cap 18.65%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
2,118
Businesses Nearby
Balanced
Demand for This Use
Explore this area
Business Placement
Demographics for 33334, FL
30,138
Population
14,314
Households
2.1
Avg Household Size
44
Median Age
33%
College-Educated
88%
High-School Grad
4.8 sq mi
ZIP Area
6,279
Density / Sq Mi
$69,512
Median Household Income
$36,895
Median Earnings
$1,615
Median Rent
$430,500
Median Home Value
Market
Vacancy Rate% for Industrial in South region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
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Frequently Asked Questions
What type of property is this?
Warehouse - For sale small-bay warehouse suited to owner-users and investors seeking flexible industrial space.
Where is this warehouse located?
The property is located at 4019 NE 6th Avenue Fort Lauderdale, FL.
What is the asking price?
The asking price for this property is $2,450,000.
What are key features of this property?
This property features: Small‑bay industrial warehouse suited to owner‑users and investors; Built in 1970
