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    405 148Th Ave Davie, FL 33325

    Sponsored
    For Sale
    $11,900,000

    Prime Davie location, 38,000 sq ft, 81 parking spaces.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This exceptional mixed-use property, located at 405 SW 148th Avenue in Davie, Florida, presents a compelling investment opportunity. The property, built in 2002, encompasses a substantial 38,000 square feet of versatile light industrial and multi-flex space, situated on a two-acre plus lot. Its strategic location offers unparalleled accessibility and visibility, boasting convenient proximity to major transportation arteries, I-75 and 595. This prime location ensures easy access for employees, clients, and suppliers. The property includes a significant 81 dedicated parking spaces, providing ample convenience for all users. The expansive square footage and flexible design make this property suitable for a wide range of industrial, warehouse, or mixed-use businesses. The property's functionality and size cater to the diverse needs of modern businesses seeking a strategic location with excellent accessibility and ample parking. The asking price for this exceptional property is $11,900,000. This represents a unique opportunity to acquire a high-value asset in a thriving South Florida market. The property's zip code is 33325, and it is located in Broward County.

    Property Features for 405 148Th Ave

    General Information

    Property type
    Mixed-use properties

    Building Details

    Year Built
    2002
    Units
    1

    HighLights

    • $11,900,000 Asking Price
    • Mixed‑use property
    • One unit
    • 2002 Year Built
    • 2+ acre lot, 38,000 SF light industrial/multi‑flex space, 81 parking spaces, excellent I‑75 & 595 access in Davie, FL.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Davie
    County
    Broward
    State
    Florida
    Longitude
    -80.346854
    Latitude
    26.1153798

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    FAQs

    What type of property is this?
    Mixed-use property - Prime Davie location, 38,000 sq ft, 81 parking spaces.
    Where is this mixed-use property located?
    The property is located at 405 148Th Ave Davie, FL.
    What is the asking price?
    The asking price for this property is $11,900,000.
    What are key features of this property?
    This property features: $11,900,000 Asking Price; Mixed-use property; One unit
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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
    405 148Th Ave Davie, FL 33325
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