Mixed-Use Property For
For Sale
Contact for pricing
4800 N Dixie Hwy, Oakland Park, FL 33334
16,285 SF mixed-use property with diversified tenant roster.
Property Size16,285 SF
Lot Size0.69 Acres
Price / SF$214.92
Days on Market201
Property Features for 4800 N Dixie Hwy
General Information
Standard status
Active
Size
16,285 SF
Class
B
Total Parking Spaces
32
Lot size
0.69 Acres
Property subtype
Industrial, Retail
Zoning
B3
Occupancy
100%
Lease Type
Gross
Investment Type
Stabilized
Net Operating Income
$182,000
Building Details
Year Built
1971
Buildings
1
Units
16
Tenancy
Multi
Listing Agency:
THE AGENCY
(954) 837-3090
Listed By:
David Simonetta · License #3306180
Source:
Crexi
Added: Jan 27
Changed: Aug 14
Last Checked: Aug 14 at 6:05AM
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 THE AGENCY
Investment Insights
Based on property information with market context.
The property includes approximately 16,285 square feet of improvements on a 29,840 square foot parcel. It is fully leased to a diversified tenant roster, providing reliable in-place income. There is potential for increased income due to near-term lease expirations in 2026–2027. The B-3 zoning offers long-term flexibility for future ownership.
Key Highlights
- Fully leased property generating reliable in‑place income.
- Significant square footage: Approximately 16,285 square feet of improvements on a 29,840 square foot parcel.
- Embedded mark‑to‑market potential due to near‑term lease expirations (2026‑2027).
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
$280,916
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
8.03%
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%
$5,618,320
$5.6M
Cap Rate 7%
$4,013,086
$4.0M
Cap Rate 9%
$3,121,289
$3.1M
Market Conditions
NOI Build-Up for 16,285 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
$488.6K $30.00/SF
− Vacancy
−$39.1K −$2.40/SF
EGI
$449.5K $27.60/SF
− OpEx
−$168.5K −$10.35/SF
NOI
$280.9K $17.25/SF
Area
Broward County, FL
Vacancy
8.00%
Lease Rate
$30.00 /SF/Yr
Expense Ratio
37.50%
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%
$5,618,320
Cap Rate 7%
$4,013,086
Cap Rate 9%
$3,121,289
Alternative Uses
Best Use
Mixed Use
$4.01M
$3.51M – $4.68M
NOI $280,916 @ 7.0% cap · market cap 8.03%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$8.26M
$7.23M – $9.64M
NOI $578,345 @ 7.0% cap · market cap 16.52%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
2,805
Businesses Nearby
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
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Mixed-use property - 16,285 SF mixed-use property with diversified tenant roster.
Where is this mixed-use property located?
The property is located at 4800 N Dixie Hwy Oakland Park, FL.
What is the asking price?
The asking price for this property is $3,500,000.
What are key features of this property?
This property features: Fully leased property generating reliable in‑place income.; Significant square footage: Approximately 16,285 square feet of improvements on a 29,840 square foot parcel.; Embedded mark‑to‑market potential due to near‑term lease expirations (2026‑2027).
