Industrial
New
For Sale
Contact for pricing
705-709 Nw 8th Ave, Fort Lauderdale, FL 33311
The property offers 9,500 square feet for industrial use.
Property Size9,500 SF
Price / SF$250
Days on Market6
Property Features for 705-709 Nw 8th Ave
General Information
Standard status
Active
Size
9,500 SF
Property subtype
INDUSTRIAL
Listing Agency:
Berger Commercial Realty Corp - Fort Lauderdale
(954) 358-0900
Listed By:
Calder Alfano · License #SL3608925
(954) 652-2041
Source:
Moodyscre
Added: Oct 6
Changed: Oct 10
Last Checked: Oct 11 at 9:26AM
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 Berger Commercial Realty Corp - Fort Lauderdale
Investment Insights
Based on property information with market context.
This industrial property contains 9,500 square feet. Its Fort Lauderdale address places it within the local industrial market.
Key Highlights
- 9,500‑square‑foot industrial property
- Located in Fort Lauderdale, FL 33311
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$137,176
Cap Rate
5.78%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,743,520
$2.7M
Cap Rate 7%
$1,959,657
$2.0M
Cap Rate 9%
$1,524,178
$1.5M
Market Conditions
NOI Build-Up for 9,500 SF
Gross rent
$205.2K $21.60/SF
− Vacancy
−$9.2K −$0.97/SF
EGI
$196.0K $20.63/SF
− OpEx
−$58.8K −$6.19/SF
NOI
$137.2K $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 Rate 5%
$2,743,520
Cap Rate 7%
$1,959,657
Cap Rate 9%
$1,524,178
Alternative Uses
Best Use
Industrial
$1.96M
$1.71M – $2.29M
NOI $137,176 @ 7.0% cap · market cap 5.78%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$6.38M
$5.59M – $7.45M
NOI $446,880 @ 7.0% cap · market cap 18.82%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
2,697
Businesses Nearby
Explore this area
Business Placement
Demographics for 33311, FL
69,413
Population
27,330
Households
2.5
Avg Household Size
37
Median Age
18%
College-Educated
81%
High-School Grad
10.4 sq mi
ZIP Area
6,674
Density / Sq Mi
$51,918
Median Household Income
$32,717
Median Earnings
$1,385
Median Rent
$276,600
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?
Industrial property - The property offers 9,500 square feet for industrial use.
Where is this industrial property located?
The property is located at 705-709 Nw 8th Ave Fort Lauderdale, FL.
What is the asking price?
The asking price for this property is $2,375,000.
What are key features of this property?
This property features: 9,500‑square‑foot industrial property; Located in Fort Lauderdale, FL 33311
