Fort Lauderdale Warehouse
5300 NW 12th Ave Unit 5-11 Fort Lauderdale, FL 33309
5300 NW 12th Ave Unit 5-11, Fort Lauderdale, FL, 33309
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For Sale
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4,860 SF warehouse condominium near DRV PNK Stadium.
Property Size4,860 SF
Price / SF$250
Days on Market458
Property Features for 5300 NW 12th Ave Unit 5-11
General Information
- Standard status
- Active
- Size
- 4,860 SF
- Property subtype
- Industrial
Building Details
- Year Built
- 1985
Listing Agency
Comwire Realty Inc
(772) 777-8777
Listed by
Richard Sarta · License #BK511790
Source
Crexi
Added: Apr 16, 2025 Checked: Jul 17 at 3:28 am
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 Comwire Realty Inc
Investment Insights
Based on property information with market context.
This 4,860 SF warehouse condominium is located in Fort Lauderdale, near DRV PNK Stadium and Fort Lauderdale Executive Airport. Automotive use is permitted. The property offers quick access to I-95 and Florida’s Turnpike, making it suitable for businesses needing central connectivity. It features 20-foot ceilings, approximately 10% office space, and five roll-up doors (10x10). There are two bathrooms and ample front and rear parking. The property includes 225 sq. ft. of air-conditioned office space. It is ideal for warehousing, light manufacturing, or service businesses.
Key Highlights
- Automotive use allowed in Fort Lauderdale
- Prime location near DRV PNK Stadium and Fort Lauderdale Executive Airport
- Quick access to I‑95 and Florida’s Turnpike
Local Financial Insights For Warehouse
Simulate Cap Rate and NOI
NOI Build-Up
- 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.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $99.1k | $20.40 |
| − Vacancy | −$4.2k | −$0.86 |
| EGI | $95.0k | $19.54 |
| − OpEx | −$14.2k | −$2.93 |
| NOI | $80.7k | $16.61 |
4,860 SF · lease $20.40/SF/yr · vacancy 4.20% · expense 15.00%
Alternative Uses
Best Use
Warehouse
$1.15M
$1.01M – $1.35M
NOI $80,733 @ 7.0% cap · market cap 6.64%
Second Best
Flex RnD
$1.07M
$937.4K – $1.25M
NOI $74,990 @ 7.0% cap · market cap 6.17%
Theoretical Best
Office A
$3.27M
$2.86M – $3.81M
NOI $228,614 @ 7.0% cap · market cap 18.82%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Club Internacional De ...
Gym & Fitness Center
PARKSIDE GARAGE
Auto Repair Shop
Indel Marine USA ...
Marines Facility
Baby Borrow Rental
Clothing & Fashion Store
BeautifullyBlended
Nail Salon
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FAQs
What type of property is this?
Warehouse - 4,860 SF warehouse condominium near DRV PNK Stadium.
Where is this warehouse located?
The property is located at 5300 NW 12th Ave Unit 5-11 Fort Lauderdale, FL.
What is the asking price?
The asking price for this property is $1,215,000.
What are key features of this property?
This property features: Automotive use allowed in Fort Lauderdale; Prime location near DRV PNK Stadium and Fort Lauderdale Executive Airport; Quick access to I‑95 and Florida’s Turnpike
