Eight-Building Warehouse and Flex
4990 SW 52nd Street, Davie, FL 33314
For Sale
Contact for pricing
An eight-building industrial complex offering office and warehouse bays with large overhead doors and ample parking.
Property Size197,202 SF
Price / SF$0.00
Days on Market141
Property Features for 4990 SW 52nd Street
General Information
Standard status
Size
Property subtype
Lease Term
Site & Location
Highway Access
Road Access
Building Details
Building Size
Year Built
Properties For Sale
at 4990 SW 52nd Street Contact us4651 SW 51st St Bldg 8 # 809
Size
2,640 SF
Type
Warehouse/Distribution
Term
Negotiable
4651 SW 51st St Bldg 8 #804
Size
2,618 SF
Type
Warehouse/Distribution
Term
Negotiable
4960 SW 52nd St Bldg 4 #418
Size
881 SF
Type
Warehouse/Distribution
Term
Negotiable
4970 SW 52nd St Bldg 3 #313
Size
1,230 SF
Type
Warehouse/Distribution
Term
Negotiable
4970 SW 52nd St. Bay 305-6
Size
935 SF
Type
office
Term
Negotiable
4990 SW52nd St Bldg 2# 204
Size
11 SF
Type
Warehouse/Distribution
Term
Negotiable
5000 SW 52 St Bldg 5 #501
Size
3,075 SF
Type
Warehouse/Distribution
Term
Negotiable
5150 SW 48th Way Bldg 6 #612
Size
2,535 SF
Type
Warehouse/Distribution
Term
Negotiable
5150 SW 48th Way Bldg 6 #613
Size
2,535 SF
Type
Warehouse/Distribution
Term
Negotiable
Show more
Listing Agency:
Levy Realty Advisors LLC
Listed By:
Matt Jones
(954) 682-6288
Source:
Levyrealtyadvisors
Added: Jun 25
Changed: Nov 6
Last Checked: Nov 12 at 5:32AM
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 Levy Realty Advisors LLC
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
Pelican Bays is an eight-building warehouse and flex space complex built between 1988 and 1996, combining flex, industrial, and office space in one campus setting. The property includes warehouse units and office spaces sized from 460 square feet for offices and 800 square feet for warehouses, with bays designed around practical operational needs. Units are equipped with large overhead doors and the complex provides ample parking for crews, deliveries, and customer traffic.
The complex is located at State Road 7 and SW 52nd Street in Davie, Florida. Pelican Bays sits about 1.5 miles from I-595 and less than a mile from the Florida Turnpike, supporting regional access. It is adjacent to the Hard Rock “Guitar Hotel” and next to the 44-acre Manheim Fort Lauderdale Auto Auction. The property is also positioned conveniently for connections to Fort Lauderdale Hollywood International Airport and Port Everglades.
Designed to support distribution and service-oriented operations, Pelican Bays is positioned for tenants serving Miami-Dade, Broward, and Palm Beach Counties. The warehouse and office bay mix fits a range of users including wholesale, marine, aviation, and service providers, with the adjacent auto auction creating additional relevance for auto dealers and related automotive businesses.
The complex is located at State Road 7 and SW 52nd Street in Davie, Florida. Pelican Bays sits about 1.5 miles from I-595 and less than a mile from the Florida Turnpike, supporting regional access. It is adjacent to the Hard Rock “Guitar Hotel” and next to the 44-acre Manheim Fort Lauderdale Auto Auction. The property is also positioned conveniently for connections to Fort Lauderdale Hollywood International Airport and Port Everglades.
Designed to support distribution and service-oriented operations, Pelican Bays is positioned for tenants serving Miami-Dade, Broward, and Palm Beach Counties. The warehouse and office bay mix fits a range of users including wholesale, marine, aviation, and service providers, with the adjacent auto auction creating additional relevance for auto dealers and related automotive businesses.
Key Highlights
- Eight‑building industrial complex totaling 199,257 SF of flex, industrial, and office space
- Warehouse units include large overhead doors and ample parking
- Smallest office spaces are 460 SF; smallest warehouse spaces are 800 SF
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$2,022,238
Suggested Prices Based on Cap Rates
Cap Rate 5%
$40,444,760
$40.4M
Cap Rate 7%
$28,889,114
$28.9M
Cap Rate 9%
$22,469,311
$22.5M
Market Conditions
NOI Build-Up for 199,257 SF
Gross rent
$3.20M $16.08/SF
− Vacancy
−$92.9K −$0.47/SF
EGI
$3.11M $15.61/SF
− OpEx
−$1.09M −$5.46/SF
NOI
$2.02M $10.15/SF
Area
Davie, FL
Vacancy
2.90%
Lease Rate
$16.08 /SF/Yr
Expense Ratio
35.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$40,444,760
Cap Rate 7%
$28,889,114
Cap Rate 9%
$22,469,311
Alternative Uses
Best Use
Warehouse
$37.78M
$33.06M – $44.07M
NOI $2,644,465 @ 7.0% cap
Second Best
Industrial
$31.11M
$27.22M – $36.30M
NOI $2,177,795 @ 7.0% cap
Theoretical Best
—
—
same as Best Use
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
Lease Details
Yes
Highway access
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
1,047
Businesses Nearby
Balanced
Demand for This Use
Explore this area
Business Placement
Demographics for 33314, FL
30,248
Population
12,041
Households
2.5
Avg Household Size
34
Median Age
30%
College-Educated
89%
High-School Grad
8.8 sq mi
ZIP Area
3,437
Density / Sq Mi
$63,791
Median Household Income
$36,733
Median Earnings
$2,034
Median Rent
$347,600
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Average Price Trend$/SF for Flex space in Broward County, FL
Properties on Market for Flex space in Broward County
Vacancy Rate% for Industrial in South region
Similar Off Market Nearby
- Chef Alan Bergman Catering — fort lauderdale, fl 33314
- HOLLYWOOD SPA — 5400 S State Rd 7, Davie, FL 33314
- BIG CHEF — 4811 S State Rd 7, Davie, FL 33314
- Melva Catering Events & Rental — 4945 s state rd 7, davie, fl 33314
- Fancy Catering Events and Rental — 4941 S State Rd 7, Davie, FL 33314
Frequently Asked Questions
What type of property is this?
Flex space - An eight-building industrial complex offering office and warehouse bays with large overhead doors and ample parking.
Where is this flex space located?
The property is located at 4990 SW 52nd Street Davie, FL.
What are key features of this property?
This property features: Eight‑building industrial complex totaling 199,257 SF of flex, industrial, and office space; Warehouse units include large overhead doors and ample parking; Smallest office spaces are 460 SF; smallest warehouse spaces are 800 SF
