Manufacturing Facility with Loading
For Sale
$2,495,000
Pending
5180 NW 12th Ave, Fort Lauderdale, FL 33309
Freestanding food processing facility with multiple loading options, offices, and a sprinkler system.
Property Size13,442 SF
Days on Market3038
Property Features for 5180 NW 12th Ave
General Information
Standard status
Pending
Size
13,442 SF
Property subtype
General Commercial
Warehouse & Industrial
Clear Height
17 ft
Dock-High Doors
2
Drive-In Doors
3
Voltage
220 V
Three-Phase Power
Yes
Sprinkler System
Yes
Cold Storage
Yes
Taxes and HOA fees
Annual Taxes
$15,806
Amenities
3
11 Parking Spaces.
Building Details
Year Built
1983
Year Renovated
2005
Buildings
1
Building Size
13,442 SF
Construction
concrete
Listing Agency:
Keller Williams Realty Profess
(954) 263-9421
Listed By:
Leyla Semenov · License #0657915
(954) 263-9421
Source:
Xome
Added: Apr 19, 2018
Changed: Aug 8
Last Checked: Jul 31 at 4:30AM
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 Keller Williams Realty Profess
Investment Insights
Based on property information with market context.
This freestanding manufacturing facility is currently used as a food processing facility and is offered as an owner-user or for investor use. The building includes 3 private offices plus cubicles and a conference room, along with 4 bathrooms. Site and tenant-ready functional space is supported by an approximately 85% cooled facility environment and a working sprinkler system.
Operational features include 2 loading docks and a 3-bay drive-in loading dock configuration, providing flexibility for receiving and distribution workflows. Electrical service includes 3 phase and 220 V. Concrete construction with a flat roof that was replaced in 2005 supports the building’s ongoing use.
The property is located at 5180 NW 12th Ave in Fort Lauderdale, FL 33309, with 11 parking spaces available on site.
Operational features include 2 loading docks and a 3-bay drive-in loading dock configuration, providing flexibility for receiving and distribution workflows. Electrical service includes 3 phase and 220 V. Concrete construction with a flat roof that was replaced in 2005 supports the building’s ongoing use.
The property is located at 5180 NW 12th Ave in Fort Lauderdale, FL 33309, with 11 parking spaces available on site.
Key Highlights
- 13,442 SF freestanding manufacturing facility currently used as a food processing facility
- 17' clear height
- Two loading docks plus 3 bay drive‑in loading dock
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
$194,068
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
7.78%
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%
$3,881,360
$3.9M
Cap Rate 7%
$2,772,400
$2.8M
Cap Rate 9%
$2,156,311
$2.2M
Market Conditions
NOI Build-Up for 13,440 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
$290.3K $21.60/SF
− Vacancy
−$13.1K −$0.97/SF
EGI
$277.2K $20.63/SF
− OpEx
−$83.2K −$6.19/SF
NOI
$194.1K $14.44/SF
Area
Fort Lauderdale, FL
Vacancy
4.50%
Lease Rate
$21.60 /SF/Yr
Expense Ratio
30.00%
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%
$3,881,360
Cap Rate 7%
$2,772,400
Cap Rate 9%
$2,156,311
Alternative Uses
Best Use
Industrial
$2.77M
$2.43M – $3.23M
NOI $194,068 @ 7.0% cap · market cap 7.78%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$9.03M
$7.90M – $10.54M
NOI $632,218 @ 7.0% cap · market cap 25.34%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
17 ft
Clear height
2
Dock-high doors
3
Drive-in doors
Yes
Sprinkler system
Location Intelligence
Trade Area within ½ mile
1,489
Businesses Nearby
Explore this area
Business Placement
Demographics for 33309, FL
37,642
Population
14,783
Households
2.5
Avg Household Size
39
Median Age
23%
College-Educated
85%
High-School Grad
9.7 sq mi
ZIP Area
3,881
Density / Sq Mi
$73,496
Median Household Income
$35,850
Median Earnings
$1,829
Median Rent
$309,100
Median Home Value
Market
Vacancy Rate% for Industrial in South region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Manufacturing property - Freestanding food processing facility with multiple loading options, offices, and a sprinkler system.
Where is this manufacturing property located?
The property is located at 5180 NW 12th Ave Fort Lauderdale, FL.
What is the asking price?
The asking price for this property is $2,495,000.
What are key features of this property?
This property features: 13,442 SF freestanding manufacturing facility currently used as a food processing facility; 17' clear height; Two loading docks plus 3 bay drive‑in loading dock
