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    2440 56 Ave West Park, FL 33023

    For Sale
    $449,000

    1652 SF Flex Warehouse, West Park, FL

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    369
    This exceptional 1652-square-foot flex warehouse, located at 2440 SW 56th Ave #2440 in West Park, Florida, presents a compelling investment opportunity at an asking price of $449,000. Built in 1966, this industrial property offers a versatile open floor plan ideal for a variety of uses. The space includes a small office and bathroom, providing convenient workspace and amenities. A key advantage is the property's convenient access from both the front and rear, facilitating efficient loading and unloading. Situated in Broward County, Florida, with a zip code of 33023, this property benefits from a strategic location. The property's flexible layout makes it suitable for various business needs. Showings are by appointment only to avoid disturbing current tenants. This is a rare opportunity to acquire a well-located, functional industrial space with significant potential. The property's size and features make it an attractive option for entrepreneurs and businesses seeking a versatile and accessible workspace in West Park. Serious inquiries are encouraged.

    Property Features for 2440 56 Ave

    General Information

    Property type
    Flex space

    Building Details

    Year Built
    1966

    HighLights

    • $449,000 asking price.
    • 1,652 square foot flex industrial building.
    • Located at 2440 SW 56th Ave #2440, West Park, FL 33023.
    • Built in 1966.
    • Features open floor plan, small office, and bathroom.
    • Offers front and rear access.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    West Park Mufflers Car Repair And Maintenance Service

    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
    -80.19886
    Latitude
    25.988263

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    FAQs

    What type of property is this?
    Flex space - 1652 SF Flex Warehouse, West Park, FL
    Where is this flex space located?
    The property is located at 2440 56 Ave West Park, FL.
    What is the asking price?
    The asking price for this property is $449,000.
    What are key features of this property?
    This property features: $449,000 asking price.; 1,652 square foot flex industrial building.; Located at 2440 SW 56th Ave #2440, West Park, FL 33023.
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    2440 56 Ave West Park, FL 33023
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    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
    2440 56 Ave West Park, FL 33023
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