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Warehouse Work Bay
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825 NW 45th Street, Fort Lauderdale, FL 33309

Small commercial space offers water service, assigned parking, and round-the-clock access.

Property Size2,196 SF
Price / SF$0.46
Days on Market91

Property Features for 825 NW 45th Street

General Information

Standard status Active
Size 2,196 SF
Total Parking Spaces 2
Property subtype Industrial

Site & Location

Highway Access Yes
Utilities to Site Yes

Additional Details

Warehouse Space 300 SF

Amenities

24/7 access
Water included

Building Details

Year Built 2004
Listing Agency: Sola Realty & Investments LLC
Listed By: Ofir Rajoan · License #3361325
Source: Lehmannflorida
Added: Aug 2 Changed: Oct 29 Last Checked: Oct 30 at 4:36PM

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 Sola Realty & Investments LLC

Rey
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 warehouse work bay provides approximately 300 square feet for storage, business operations, or light industrial activity. The space includes water service and two assigned parking spaces, supporting practical day-to-day use. Built in 2004, the property offers continuous access for flexible scheduling and convenient connectivity to I-95.

Key Highlights

  • Approximately 300 sq. ft. of warehouse work‑bay space
  • 24/7 property access
  • Water service included

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$36,479
Suggested Prices Based on Cap Rates
Cap Rate 5%
$729,580 $729.6K
Cap Rate 7%
$521,129 $521.1K
Cap Rate 9%
$405,322 $405.3K
Market Conditions
NOI Build-Up for 2,196 SF
Gross rent
$44.8K $20.40/SF
− Vacancy
−$1.9K −$0.86/SF
EGI
$42.9K $19.54/SF
− OpEx
−$6.4K −$2.93/SF
NOI
$36.5K $16.61/SF
Area
Fort Lauderdale, FL
Vacancy
4.20%
Lease Rate
$20.40 /SF/Yr
Expense Ratio
15.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$729,580
Cap Rate 7%
$521,129
Cap Rate 9%
$405,322

Alternative Uses

Best Use
Warehouse
$521.1K
$456.0K – $608.0K (±1% cap)
NOI $36,479 @ 7.0% cap · market cap 3,647.90%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$1.48M
$1.29M – $1.72M (±1% cap)
NOI $103,300 @ 7.0% cap · market cap 10,330.00%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

Current Use

Gr8ness Entertainment Recording Studio Cabessa Warehouse Rental ... Warehouse & Storage Elite Automotive Concierge ... Auto Repair Shop Rick's Lounge Bar & Pub Rick's Dungeon Nightclub

Suggested Use

Top Pick Dental Office Skin Care Clinic Real Estate Agency Cafe & Coffee Shop Hair Salon Nail Salon

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Yes
Highway access
Yes
Utilities to site

Location Intelligence

Trade Area within ½ mile

1,490
Businesses Nearby
Well-served
Demand for This Use

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

6% 2019
6.5% 2020
4% 2021
3.5% 2022
6% 2023
7.6% 2024
7.9% 2025

Similar Off Market Nearby

  • Cabessa Storage — 3557 NW 9th Terrace, Fort Lauderdale, FL 33309
  • Ft. Lauderdale Moving & Storage — oakland park, fl 33309
  • Storage — 3572 NE 5th Ave, Oakland Park, FL 33334
  • Farmer's Choice LLC — 161 NE 38th St APT 8, Oakland Park, FL 33334
  • Self Storage — 232 prospect rd, fort lauderdale, fl 33309

Frequently Asked Questions

What type of property is this?
Warehouse - Small commercial space offers water service, assigned parking, and round-the-clock access.
Where is this warehouse located?
The property is located at 825 NW 45th Street Fort Lauderdale, FL.
What are key features of this property?
This property features: Approximately 300 sq. ft. of warehouse work‑bay space; 24/7 property access; Water service included
Research This Page with AI

Rey answers here. ChatGPT, Grok and Claude get the same data packet.

Includes: Price & PSF · Cap rate · Location · Zoning

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