Three-Unit Industrial
For Sale
Contact for pricing
825 NW 8th Ave, Fort Lauderdale, FL 33311
Fully occupied three-unit industrial warehouse with grade-level drive-thru bays, dedicated office and bathroom buildouts, and surface parking.
Property Size7,500 SF
Lot Size0.23 Acres
Price / SF$280
Days on Market197
Property Features for 825 NW 8th Ave
General Information
Standard status
Active
Size
7,500 SF
Lot size
0.23 Acres
Property subtype
Industrial
Zoning
I – GENERAL INDUSTRIAL
Occupancy
100%
Lease Type
NNN
Investment Type
Net Lease
Net Operating Income
$130,381
Site & Location
Neighborhood
Prvl
Building Details
Year Built
1959
Buildings
1
Stories
1
Units
3
Tenancy
Multi
Listing Agency:
DWNTWN Realty Advisors
Listed By:
Devlin Marinoff · License #3401802
(917) 312-2219
Source:
Crexi
Added: Apr 15
Changed: Oct 25
Last Checked: Oct 28 at 5:09AM
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 DWNTWN Realty Advisors
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Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This fully occupied three-unit industrial warehouse totals 7,500 square feet on a 10,125-square-foot lot. Each unit includes dedicated office and bathroom buildouts, and the property features grade-level drive-thru bays designed to support efficient loading and circulation. On-site surface parking is provided.
Located at 825 NW 8th Ave in Fort Lauderdale’s Sistrunk District, the property is described as minutes from Downtown Fort Lauderdale, Flagler Village, FAT Village, and the Brightline station, supporting convenient access for day-to-day operations.
The building’s three-unit configuration and unit-level office/bath improvements offer a practical blend of warehouse functionality with dedicated administrative space within each unit.
Located at 825 NW 8th Ave in Fort Lauderdale’s Sistrunk District, the property is described as minutes from Downtown Fort Lauderdale, Flagler Village, FAT Village, and the Brightline station, supporting convenient access for day-to-day operations.
The building’s three-unit configuration and unit-level office/bath improvements offer a practical blend of warehouse functionality with dedicated administrative space within each unit.
Key Highlights
- Fully occupied three‑unit industrial warehouse totaling 7,500 SF on a 10,125 SF lot in Fort Lauderdale’s Sistrunk District
- Grade‑level drive‑thru bays for each unit
- Dedicated office and bathroom buildouts within each of the three units
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$124,588
Cap Rate
5.93%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,491,760
$2.5M
Cap Rate 7%
$1,779,829
$1.8M
Cap Rate 9%
$1,384,311
$1.4M
Market Conditions
NOI Build-Up for 7,500 SF
Gross rent
$153.0K $20.40/SF
− Vacancy
−$6.4K −$0.86/SF
EGI
$146.6K $19.54/SF
− OpEx
−$22.0K −$2.93/SF
NOI
$124.6K $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%
$2,491,760
Cap Rate 7%
$1,779,829
Cap Rate 9%
$1,384,311
Alternative Uses
Best Use
Warehouse
$1.78M
$1.56M – $2.08M
NOI $124,588 @ 7.0% cap · market cap 5.93%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$5.04M
$4.41M – $5.88M
NOI $352,800 @ 7.0% cap · market cap 16.80%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
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Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
2,402
Businesses Nearby
Well-served
Demand for This Use
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
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Industrial in South region
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Frequently Asked Questions
What type of property is this?
Warehouse - Fully occupied three-unit industrial warehouse with grade-level drive-thru bays, dedicated office and bathroom buildouts, and surface parking.
Where is this warehouse located?
The property is located at 825 NW 8th Ave Fort Lauderdale, FL.
What is the asking price?
The asking price for this property is $2,100,000.
What are key features of this property?
This property features: Fully occupied three‑unit industrial warehouse totaling 7,500 SF on a 10,125 SF lot in Fort Lauderdale’s Sistrunk District; Grade‑level drive‑thru bays for each unit; Dedicated office and bathroom buildouts within each of the three units
