Multi-Bay Warehouse
5812-5818 SW 25th St, West Park, FL 33023
For Sale
$5,450,000
The properties are approved for auto mechanic use.
Property Size12,000 SF
Price / SF$454.17
Days on Market273
Property Features for 5812-5818 SW 25th St
General Information
Standard status
Size
Property subtype
Site & Location
Highway Access
Fenced Yard
Warehouse & Industrial
Clear Height
Warehouse Space
Additional Details
Tenant in Place
Property Use
Taxes and HOA fees
Annual Taxes
Building Details
Year Built
Buildings
Listing Agency:
RE/MAX 5 STAR REALTY
Listed By:
JOHN DEMARCO · License #A11962616
(954) 453-1000
Source:
Corcoran
Added: Feb 10
Changed: Nov 7
Last Checked: Nov 8 at 6:17AM
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 RE/MAX 5 STAR REALTY
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 offering comprises two industrial warehouse buildings totaling approximately 12,000 SF. The 5812 building contains 6,000 SF and is leased month-to-month, while the 6,000 SF building at 5818 is divided into five 1,200 SF bays with staggered lease expirations. Both buildings have 18’–20’ clear ceiling heights and are fully fenced. Auto mechanic use is approved for the properties.
The buildings are in West Park, Florida, east of US 441 / State Road 7, with access to Florida’s Turnpike and Interstate I-95. Both were built in 1973.
The buildings are in West Park, Florida, east of US 441 / State Road 7, with access to Florida’s Turnpike and Interstate I-95. Both were built in 1973.
Key Highlights
- Two industrial buildings totaling approximately 12,000 SF
- 5812 includes 6,000 SF leased month‑to‑month
- 5818 has five 1,200 SF bays with staggered lease expirations
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$195,762
Cap Rate
3.59%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$3,915,240
$3.9M
Cap Rate 7%
$2,796,600
$2.8M
Cap Rate 9%
$2,175,133
$2.2M
Market Conditions
NOI Build-Up for 12,000 SF
Gross rent
$241.9K $20.16/SF
− Vacancy
−$11.6K −$0.97/SF
EGI
$230.3K $19.19/SF
− OpEx
−$34.5K −$2.88/SF
NOI
$195.8K $16.31/SF
Area
Broward County, FL
Vacancy
4.80%
Lease Rate
$20.16 /SF/Yr
Expense Ratio
15.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$3,915,240
Cap Rate 7%
$2,796,600
Cap Rate 9%
$2,175,133
Alternative Uses
Best Use
Warehouse
$2.80M
$2.45M – $3.26M
NOI $195,762 @ 7.0% cap · market cap 3.59%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$6.09M
$5.33M – $7.10M
NOI $426,167 @ 7.0% cap · market cap 7.82%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Current Use
Lease Details
20 ft
Clear height
Yes
Fenced yard
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
1,954
Businesses Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Demographics for 33023, FL
66,749
Population
22,450
Households
3
Avg Household Size
38
Median Age
20%
College-Educated
84%
High-School Grad
8.8 sq mi
ZIP Area
7,585
Density / Sq Mi
$70,003
Median Household Income
$35,093
Median Earnings
$1,621
Median Rent
$344,500
Median Home Value
Market
Average Price Trend$/SF for Warehouses in Broward County, FL
Properties on Market for Warehouses in Broward County
Vacancy Rate% for Industrial in South region
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Frequently Asked Questions
What type of property is this?
Warehouse - The properties are approved for auto mechanic use.
Where is this warehouse located?
The property is located at 5812-5818 SW 25th St West Park, FL.
What is the asking price?
The asking price for this property is $5,450,000.
What are key features of this property?
This property features: Two industrial buildings totaling approximately 12,000 SF; 5812 includes 6,000 SF leased month‑to‑month; 5818 has five 1,200 SF bays with staggered lease expirations
