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Mixed-Use Property with Warehouse Space
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441 NW 1st Avenue, Fort Lauderdale, FL 33301

Office and warehouse areas offer a flexible commercial layout within a district designated for mixed-use development.

Property Size8,000 SF
Price / SF$0.01
Days on Market140

Property Features for 441 NW 1st Avenue

General Information

Standard status Active
Size 8,000 SF
Property subtype Retail
Zoning RAC-UV

Site & Location

Neighborhood Fhca
Highway Access Yes
Road Access Yes

Additional Details

Property Use Office and Warehouse

Taxes and HOA fees

Annual Taxes $28,528

Building Details

Building Size 8,000 SF
Year Built 1967
Listing Agency: Beckett Realty Advisors, LLC
Listed By: Kenneth L Beckett · License #3181126
Source: Hahnerealestate
Added: Jun 11 Changed: Oct 26 Last Checked: Oct 26 at 3:36PM

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 Beckett Realty Advisors, LLC

Rey
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Investment Insights

Based on property information with market context.

This 8,000-square-foot property combines office and warehouse space in a configuration that can be adapted. Built in 1967, it is zoned RAC-UV, a designation described as supporting a range of uses and denser development.

The property is near the Brightline station and has connections to I-95, US-1, and Broward Boulevard. Las Olas Boulevard, Port Everglades, and Fort Lauderdale-Hollywood International Airport are also identified as nearby destinations.

Key Highlights

  • 8,000 SF of office and warehouse space
  • RAC‑UV zoning supports a mix of uses and denser development
  • Built in 1967

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$122,760
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,455,200 $2.5M
Cap Rate 7%
$1,753,714 $1.8M
Cap Rate 9%
$1,364,000 $1.4M
Market Conditions
NOI Build-Up for 8,000 SF
Gross rent
$211.2K $26.40/SF
− Vacancy
−$14.8K −$1.85/SF
EGI
$196.4K $24.55/SF
− OpEx
−$73.7K −$9.21/SF
NOI
$122.8K $15.34/SF
Area
Fort Lauderdale, FL
Vacancy
7.00%
Lease Rate
$26.40 /SF/Yr
Expense Ratio
37.50%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,455,200
Cap Rate 7%
$1,753,714
Cap Rate 9%
$1,364,000

Alternative Uses

Best Use
Retail
$2.04M
$1.78M – $2.38M (±1% cap)
NOI $142,504 @ 7.0% cap · market cap 356,260.00%
Second Best
Warehouse
$1.90M
$1.66M – $2.21M (±1% cap)
NOI $132,894 @ 7.0% cap · market cap 332,235.00%
Theoretical Best
Office A
$5.38M
$4.70M – $6.27M (±1% cap)
NOI $376,320 @ 7.0% cap · market cap 940,800.00%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

Who owns this building? See the owner, sales and loan history
Open Analytics

Current Use

Retail space

Suggested Use

Top Pick (Bike/Boat/Book/etc) Store Butcher Clothing & Fashion Store Restaurant Tanning Salon Fish Market

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Yes
Highway access
Yes
Paved road access

Location Intelligence

Trade Area within ½ mile

7,986
Businesses Nearby

Demographics for 33301, FL

19,109
Population
13,955
Households
1.4
Avg Household Size
42
Median Age
62%
College-Educated
96%
High-School Grad
2.5 sq mi
ZIP Area
7,644
Density / Sq Mi
$115,421
Median Household Income
$76,365
Median Earnings
$2,341
Median Rent
$751,600
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Industrial in South region

6% 2019
6.5% 2020
4% 2021
3.5% 2022
6% 2023
7.6% 2024
7.9% 2025

Frequently Asked Questions

What type of property is this?
Mixed-use property - Office and warehouse areas offer a flexible commercial layout within a district designated for mixed-use development.
Where is this mixed-use property located?
The property is located at 441 NW 1st Avenue Fort Lauderdale, FL.
What are key features of this property?
This property features: 8,000 SF of office and warehouse space; RAC‑UV zoning supports a mix of uses and denser development; Built in 1967
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Includes: Price & PSF · Cap rate · Location · Zoning

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