Flex Space with Roll-Up
5511 N Nob Hill Rd, Sunrise, FL 33351
For Sale
Contact for pricing
I-1 zoning and a mix of office and warehouse areas support a range of light industrial and service operations.
Property Size1,500 SF
Price / SF$2.17
Days on Market16
Property Features for 5511 N Nob Hill Rd
General Information
Standard status
Size
Property subtype
Zoning
Additional Details
Highway Access
Sprinkler System
Amenities
Square Feet: 101996
Parcel Number: 494118310012, Tax Annual Amount: $108,429, Tax Legal Description: SUNRISE INDUSTRIAL PARK PARCELS 9 & 25 128-24 B POR PAR A DESC AS COM SW COR PAR A,N 225.63,E 451.51,SW 15.55,S 73.13,S 137.31,W 452.56 TO P
Business Type: Office/Warehouse Combination, Special Listing Conditions: Lease, Standard Status: Active
Year Built: 2005, Building Area Total: 1500, Structure Type: Industrial
County Or Parish: Broward County
Leasable Area Units: Square Feet, Leasable Area: 1500
Building Details
Year Built
Listing Agency:
Total R E Consultants Inc
Listed By:
J. Josep Pelayo · License #3005451
(954) 341-3294
Source:
Riserealty
Added: Oct 23
Changed: Nov 6
Last Checked: Nov 6 at 2:31PM
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 Total R E Consultants Inc
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.
This flex unit combines warehouse area with a dedicated office component. The 1,500± SF space includes approximately 200± SQFT of office, one roll-up garage door, 22’ clear ceiling height and a 100% sprinkler system. Approximately 80% of the unit is air conditioned, and the property was built in 2005. I-1 Light Industrial zoning allows light industrial, warehouse, distribution and service-oriented operations as described for the property.
At 5511 N Nob Hill Road, the unit is part of the 5501–5553 N Nob Hill Road complex in Sunrise Commerce Park. Commercial Boulevard is nearby, with access to the Sawgrass Expressway, I-595, I-75 and Florida’s Turnpike for connections across Broward County and South Florida.
At 5511 N Nob Hill Road, the unit is part of the 5501–5553 N Nob Hill Road complex in Sunrise Commerce Park. Commercial Boulevard is nearby, with access to the Sawgrass Expressway, I-595, I-75 and Florida’s Turnpike for connections across Broward County and South Florida.
Key Highlights
- 1,500± SF flex unit with approximately 200± SQFT of office space
- 22’ clear ceiling height, one roll‑up garage door and a 100% sprinkler system
- Approximately 80% of the space is under air conditioning
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$16,194
Suggested Prices Based on Cap Rates
Cap Rate 5%
$323,880
$323.9K
Cap Rate 7%
$231,343
$231.3K
Cap Rate 9%
$179,933
$179.9K
Market Conditions
NOI Build-Up for 1,500 SF
Gross rent
$24.5K $16.32/SF
− Vacancy
−$1.3K −$0.90/SF
EGI
$23.1K $15.42/SF
− OpEx
−$6.9K −$4.63/SF
NOI
$16.2K $10.80/SF
Area
Broward County, FL
Vacancy
5.50%
Lease Rate
$16.32 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$323,880
Cap Rate 7%
$231,343
Cap Rate 9%
$179,933
Alternative Uses
Best Use
Flex RnD
$471.3K
$412.4K – $549.9K
NOI $32,994 @ 7.0% cap · market cap 1,015.20%
Second Best
Warehouse
$280.9K
$245.8K – $327.7K
NOI $19,664 @ 7.0% cap · market cap 605.05%
Theoretical Best
Office A
$761.0K
$665.9K – $887.9K
NOI $53,271 @ 7.0% cap · market cap 1,639.11%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Current Use
Lease Details
Yes
Sprinkler system
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
1,089
Businesses Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Demographics for 33351, FL
36,913
Population
13,843
Households
2.7
Avg Household Size
38
Median Age
31%
College-Educated
92%
High-School Grad
5.5 sq mi
ZIP Area
6,711
Density / Sq Mi
$68,996
Median Household Income
$40,013
Median Earnings
$1,881
Median Rent
$352,500
Median Home Value
Market
Average Price Trend$/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
- Beauty Salon — 3533 N Pine Island Rd, Sunrise, FL 33351
- Nany Personal USA — 9959 Nob Hill Ct, Sunrise, FL 33351
- Arc Culinary — 10250 NW 53rd St, Sunrise, FL 33351
Frequently Asked Questions
What type of property is this?
Flex space - I-1 zoning and a mix of office and warehouse areas support a range of light industrial and service operations.
Where is this flex space located?
The property is located at 5511 N Nob Hill Rd Sunrise, FL.
What are key features of this property?
This property features: 1,500± SF flex unit with approximately 200± SQFT of office space; 22’ clear ceiling height, one roll‑up garage door and a 100% sprinkler system; Approximately 80% of the space is under air conditioning
