Income-Producing Industrial Property For
For Sale
Contact for pricing
2646 Northwest 4th Street, Fort Lauderdale, FL 33311
Small bay industrial property with three tenants near I-95.
Property Size3,659 SF
Price / SF$265.10
Days on Market871
Property Features for 2646 Northwest 4th Street
General Information
Standard status
Active
Size
3,659 SF
Property subtype
Industrial
Occupancy
100%
Net Operating Income
$58,244
Building Details
Stories
1
Units
3
Tenancy
Multi
Listing Agency:
Berger Commercial Realty
Listed By:
Jordan Beck · License #FL SL3444296
(954) 802-6031
Source:
Crexi
Added: Jun 1, 2024
Changed: Oct 5
Last Checked: Oct 16 at 8:03AM
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
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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.
The property at 2646 NW 4th St is an income-producing small bay industrial property with 3 tenants. Each bay features separate electricity metering, a small office, a restroom, and a rear overhead door. The property is strategically located just west of I-95 off of Broward Blvd in Fort Lauderdale, providing convenient access to airports and downtown Fort Lauderdale. The building contains 3,659 square feet of flex space, industrial space, warehouse space, and office units. It is located in immediate proximity to highways, airports, and other areas of commerce, making it an ideal location for various business operations.
Key Highlights
- Income‑producing property with 3 tenants already in place.
- Excellent location just west of I‑95 and off Broward Blvd.
- Proximity to airports and downtown Fort Lauderdale.
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$60,782
Cap Rate
6.27%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,215,640
$1.2M
Cap Rate 7%
$868,314
$868.3K
Cap Rate 9%
$675,356
$675.4K
Market Conditions
NOI Build-Up for 3,659 SF
Gross rent
$74.6K $20.40/SF
− Vacancy
−$3.1K −$0.86/SF
EGI
$71.5K $19.54/SF
− OpEx
−$10.7K −$2.93/SF
NOI
$60.8K $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%
$1,215,640
Cap Rate 7%
$868,314
Cap Rate 9%
$675,356
Alternative Uses
Best Use
Warehouse
$868.3K
$759.8K – $1.01M
NOI $60,782 @ 7.0% cap · market cap 6.27%
Second Best
Flex RnD
$806.5K
$705.7K – $941.0K
NOI $56,458 @ 7.0% cap · market cap 5.82%
Theoretical Best
Office A
$2.46M
$2.15M – $2.87M
NOI $172,119 @ 7.0% cap · market cap 17.74%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
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Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
1,014
Businesses Nearby
Balanced
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
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Industrial in South region
Similar Off Market Nearby
- L&N Food Catering, LLC — 400 nw 31st ave, fort lauderdale, fl 33311
- Alexander Event Catering — 2551 NW 4th Ct, Fort Lauderdale, FL 33311
- Brother Gs Food Truck — 600 NW 27th Ave, Fort Lauderdale, FL 33311
- Branch Bistro Café and Catering, LLC — 2864 NW 8th St, Fort Lauderdale, FL 33311
Frequently Asked Questions
What type of property is this?
Flex space - Small bay industrial property with three tenants near I-95.
Where is this flex space located?
The property is located at 2646 Northwest 4th Street Fort Lauderdale, FL.
What is the asking price?
The asking price for this property is $970,000.
What are key features of this property?
This property features: Income‑producing property with 3 tenants already in place.; Excellent location just west of I‑95 and off Broward Blvd.; Proximity to airports and downtown Fort Lauderdale.
