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    2598 18Th St Fort Lauderdale, FL 33312

    Sponsored
    For Sale
    $4,975,000

    3.5 Acres M-3 Zoned, High Visibility

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional 3.5-acre industrial land parcel in Fort Lauderdale, Broward County, offers unparalleled visibility and accessibility. Strategically located on I-95 with direct frontage, the property boasts exposure to over 237,700 vehicles daily and approximately 15,000 Tri-Rail commuters. Zoned M-3 for Intense Manufacturing and Industrial uses, this site is ideal for Class A industrial development. The property is already filled to grade, with municipal utilities readily available at the street. Its prime location provides easy access to major Florida markets, highway systems (including I-95 and the Florida Turnpike, just 1 and 3.6 miles away respectively), and key transportation hubs such as Fort Lauderdale International Airport (10 miles) and Port Everglades (10 miles). The heavy M-3 zoning also allows for outdoor storage uses. The property's APN is 494228000390 & 494228000332. This is a rare opportunity to acquire a high-traffic, well-located industrial site in a thriving market. The asking price is $4,975,000. The address is 2598 SW 18th St, Fort Lauderdale, FL 33312.

    Property Features for 2598 18Th St

    General Information

    Property type
    Land
    Lot Size
    152,460 SF

    HighLights

    • 3.5 acres of vacant industrial land in Fort Lauderdale, FL.
    • M‑3 Intense Manufacturing and Industrial zoning.
    • I‑95 frontage with daily exposure to over 237,700 vehicles.
    • Tri‑Rail frontage with exposure to approximately 15,000 daily commuters.
    • Excellent access to I‑95 (1 mile), Florida's Turnpike (3.6 miles), Fort Lauderdale International Airport (10 miles), and Port Everglades (10 miles).
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Realty agency Law Firm Restaurant Dental Office Spa & Massage Hair Salon Nail Salon Building Supply Clothing Store Daycare Center

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

    Location Insight

    • Map
    • Local Demand
    City
    Fort Lauderdale
    County
    Broward
    State
    Florida
    Longitude
    -80.1755738
    Latitude
    26.0988104

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    FAQs

    What type of property is this?
    Land - 3.5 Acres M-3 Zoned, High Visibility
    Where is this land located?
    The property is located at 2598 18Th St Fort Lauderdale, FL.
    What is the asking price?
    The asking price for this property is $4,975,000.
    What are key features of this property?
    This property features: 3.5 acres of vacant industrial land in Fort Lauderdale, FL.; M-3 Intense Manufacturing and Industrial zoning.; I-95 frontage with daily exposure to over 237,700 vehicles.
    Request Owner's contact information
    2598 18Th St Fort Lauderdale, FL 33312
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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
    2598 18Th St Fort Lauderdale, FL 33312
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