Fully Built-Out Flex Industrial
936 NW 1st Street Fort Lauderdale, FL 33311
936 NW 1st Street, Fort Lauderdale, FL, 33311
$3,495,000
For Sale
$3,495,000
Fully permitted flex/industrial space with showroom, parts and repair areas, manufacturing space, and substantial office build-out.
Property Size6,204 SF
Price / SF$563.35
Days on Market94
Property Features for 936 NW 1st Street
General Information
- Standard status
- Active
- Size
- 6,204 SF
- Property subtype
- Commercial
Building Details
- Year Built
- 1969
Listing agency
FORTUNE CHRISTIE'S INTERNATIONAL REAL ESTATE
Listed by
TYLER TUCHOW · License #B26017874
Source
Corcoran
Added: Apr 20 Updated: Jul 20 at 8:54PM Checked: Jul 22 at 8:55AM
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 FORTUNE CHRISTIE'S INTERNATIONAL REAL ESTATE
Investment Insights
Based on property information with market context.
Located in East Fort Lauderdale at 936 NW 1st Street, this 15,085-square-foot flex/industrial property is fully built out for a range of business operations. The layout includes a sales center/showroom, a parts department, a repair shop, a manufacturing area, and generous office space. The improvements were completed with full permitting, and the property is in compliance with applicable codes. Build-out is reported to exceed $650,000, and the facility is described as being in excellent overall condition.
Zoned B-3 (Heavy Commercial / Light Industrial), the site provides flexibility for a wide variety of uses, with attached zoning details available for review. Showings are strictly by appointment only, and please do not disturb the existing business.
Zoned B-3 (Heavy Commercial / Light Industrial), the site provides flexibility for a wide variety of uses, with attached zoning details available for review. Showings are strictly by appointment only, and please do not disturb the existing business.
Key Highlights
- 15,085 SF commercial flex/industrial property in East Fort Lauderdale, built in 1969
- Fully built‑out layout includes sales center/showroom, parts department, repair shop, manufacturing area, and substantial office space
- Build‑out completed with full permitting and listed as compliant with applicable codes
Local Financial Insights For Retail
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $171.2k | $27.60 |
| − Vacancy | −$13.4k | −$2.15 |
| EGI | $157.9k | $25.45 |
| − OpEx | −$47.4k | −$7.63 |
| NOI | $110.5k | $17.81 |
6,204 SF · lease $27.60/SF/yr · vacancy 7.80% · expense 30.00%
Alternative Uses
Best Use
Retail
$1.58M
$1.38M – $1.84M
NOI $110,512 @ 7.0% cap · market cap 3.16%
Second Best
Flex RnD
$1.37M
$1.20M – $1.60M
NOI $95,727 @ 7.0% cap · market cap 2.74%
Theoretical Best
Office A
$4.17M
$3.65M – $4.86M
NOI $291,836 @ 7.0% cap · market cap 8.35%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Warfighter Focused Logistics
Logistics Company
Similar For Sale Nearby
Similar Off Market Nearby
- Cafe cubano catering — 1423 SW 2nd St #2, Fort Lauderdale, FL 33312
- Air Gourmet — 700 S Andrews Ave, Fort Lauderdale, FL 33316
- Lone Star Drafts — 201 E Las Olas Blvd, Fort Lauderdale, FL 33301
- FOODIE EVENTS & CATERING — 809 W Las Olas Blvd, Fort Lauderdale, FL 33312
- Epicureans of Florida - Private Chef, Catering & Luxury Events — 4 W Las Olas Blvd Unit 1801, Fort Lauderdale, FL 33301
FAQs
What type of property is this?
Flex space - Fully permitted flex/industrial space with showroom, parts and repair areas, manufacturing space, and substantial office build-out.
Where is this flex space located?
The property is located at 936 NW 1st Street Fort Lauderdale, FL.
What is the asking price?
The asking price for this property is $3,495,000.
What are key features of this property?
This property features: 15,085 SF commercial flex/industrial property in East Fort Lauderdale, built in 1969; Fully built‑out layout includes sales center/showroom, parts department, repair shop, manufacturing area, and substantial office space; Build‑out completed with full permitting and listed as compliant with applicable codes
