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    2324 56 Ter West Park, FL 33023

    For Lease
    $240 SF/Yr

    5,400 SF Warehouse/Flex, 10 Parking Spaces

    Lot size:
    5,400 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    369
    This exceptional Class A industrial property, built in 1959, offers 5,400 square feet of versatile warehouse and flex space in a prime Hollywood location. The single-story building boasts a 12-foot ceiling height, perfect for various industrial and light industrial uses. Two drive-in doors provide convenient access, complemented by 10 dedicated parking spaces. The space includes 3,900 square feet currently available for lease, featuring a recently renovated interior with central air conditioning, three-phase heavy electrical power, a built-out office space, and two bathrooms. The large, mostly open workspace is ideal for a variety of businesses. Its strategic location near major highways ensures easy access and efficient transportation. This property is situated in Broward County, with a cross street of SW 25TH STREET, making it an excellent choice for businesses seeking a functional and well-located industrial space. The property is suitable for multiple tenants.

    Property Features for 2324 56 Ter

    General Information

    Property type
    Flex space
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    5,400 SF
    Class
    A
    Total Rate
    108000

    Building Details

    Year Built
    1959
    Stories
    1

    Unit(s) available at that property

    Space
    Great Warehouse / Auto body shop
    Size
    3,900 SF
    Rate per SF
    $240

    HighLights

    • Class A industrial warehouse/flex space totaling 5,400 square feet.
    • Single‑story building constructed in 1959, featuring 12‑foot ceilings.
    • Property includes 10 dedicated parking spaces and 2 drive‑in doors.
    • Located in Broward County, near the intersection of SW 25th Street and major highways.
    • Currently offers one 3,900 square foot space for lease, suitable for various industrial and light industrial uses, including auto body shops.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    The Surveyor Dental Arts, ... Dental Laboratory Enrique Monroy Dental Laboratory

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Dental Office Spa & Massage Wholesale Shop Hair Salon Auto Repair Shop Clothing Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    West Park
    County
    Broward
    State
    Florida
    Longitude
    -80.199755
    Latitude
    25.9887347

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    FAQs

    What type of property is this?
    Flex space - 5,400 SF Warehouse/Flex, 10 Parking Spaces
    Where is this flex space located?
    The property is located at 2324 56 Ter West Park, FL.
    What is the lease rate?
    The lease rate is $240 SF/Yr.
    What are key features of this property?
    This property features: Class A industrial warehouse/flex space totaling 5,400 square feet.; Single-story building constructed in 1959, featuring 12-foot ceilings.; Property includes 10 dedicated parking spaces and 2 drive-in doors.
    Request Owner's contact information
    2324 56 Ter West Park, FL 33023
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    2324 56 Ter West Park, FL 33023
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