Add Listing
    For Lease
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings

    2107 57 Ter West Park, FL 33023

    View on Map
    Loading data...
    Loading data...
    Loading data...
    For Lease
    Contact for pricing

    1,069 SF Industrial Space, Excellent Condition

    Lot size:
    1,069 SF

    Property Features for 2107 57 Ter

    General Information

    Property type
    Distribution centers
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    1,069 SF

    Building Details

    Buildings
    1
    Stories
    1

    Spaces For Lease

    at 2107 57 Ter, West Park, FL 33023 Contact us
    Unit 12

    $26 /Mo

    Size
    1,069 SF
    Contact us

    We can help!

    Listing Contact
    Martha Jimenez
    Martha Jimenez

    Listing Agent: Martha Jimenez

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Learn more

    Overview

    This exceptional 1,069-square-foot warehouse condo in West Park, Florida, is available for lease. Located at 2107 SW 57th Ter #12, Broward County, this single-tenant industrial space boasts a pristine condition and desirable features. The unit offers a spacious layout, measuring approximately 15 feet wide by 63 feet deep, with a generous 14-foot ceiling height. Access is provided by a convenient 10' wide x 12' high garage door. The interior includes a climate-controlled environment, a functional office area, and a full bathroom. One designated parking space is included within a secure, fenced property. Utilities are partially covered, with water included in the lease price. The tenant will be responsible for Broward County sales tax. The property is zoned M-2 and features APN 514124AC0120. This warehouse is perfect for a variety of businesses seeking a well-maintained and functional space in a convenient location. Don't miss this opportunity to secure this exceptional warehouse condo.
    Property Profile Location Intelligence

    Current Use by Public Records

    Isalis (Bike/Boat/Book/etc) Store Party City Party Supply Store Skunk Funk Big Box & Wholesale Store Carl's Trading Co Hat Shop Bushka's Kitchen LLC (Bike/Boat/Book/etc) Store

    Suggested Use

    Law Firm Restaurant Real Estate Agency Spa & Massage Center Dental Office Hair Salon Nail Salon Food Market Gym & Fitness Center Grocery & Convenience 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
    -80.2008465
    Latitude
    25.9909102

    Nearby Similar for Lease

    • New
      $21 SF/Yr

      New Warehouse Spaces in West Park

      Modern industrial complex with flexible warehouse, storage, or light industrial use.
      2392 SW 57Th Ave, West Park, FL 33023
      View Details
    • $6,000 /Mo
      11,735 SF

      Free-Standing Commercial Building For Rent

      Commercial building suitable for office or professional business use.
      5738 W Hallandale Beach Blvd, West Park, FL 33023
      View Details
    • $22 SF/Yr

      West Park Industrial Warehouse Space

      1,750 SF industrial warehouse space for lease in West Park.
      5712 SW 25Th St, West Park, FL 33023
      View Details
    • $3,800 /Mo

      West Park Retail Building For Rent

      Free-standing building near 441, freshly painted, new roof.
      5911 W Hallandale Beach Blvd, West Park, FL 33023
      View Details
    • $8,787 /Mo

      Retail Building on Hallandale Beach

      Free-standing retail building with a large lot near 441.
      5921 W Hallandale Beach Blvd, West Park, FL 33023
      View Details
    • New
      $2,350 /Mo

      West Park Warehouse Space Available

      Warehouse space for lease in West Park, Florida.
      2114 SW 58Th Ter, West Park, FL 33023
      View Details
    • $29 SF/Yr

      West Park Warehouse and Yard

      Warehouse and yard space available for lease in West Park.
      West Park, FL 33023
      View Details
    • $6,000 /Mo

      Free-Standing Commercial Building For Rent

      Prime commercial building suitable for office or professional business use.
      5738 W Hallandale Beach Blvd, West Park, FL 33023
      View Details
    • $26 SF/Yr
      3,185 SF

      West Park Special Purpose Building

      3,185 sq ft Single-Tenant Warehouse
      2200 58 Ave, West Park, FL 33023
      View Details
    • $34 SF/Yr
      1,762 SF

      Pembroke Road Retail Space For Lease

      High-traffic corner, 1762 sq ft retail space.
      5600 Pembroke Rd, West Park, FL 33023
      View Details
    • $240 SF/Yr
      5,400 SF

      Hollywood Industrial Space For Lease

      5,400 SF Warehouse/Flex, 10 Parking Spaces
      2324 56 Ter, West Park, FL 33023
      View Details
    • $240 SF/Yr
      5,227 SF

      Hollywood Warehouse - 3,900 SF

      West Park industrial space, ideal for manufacturing.
      2324 56 Ter, West Park, FL 33023
      View Details

    FAQs

    What type of property is this?
    Distribution center - 1,069 SF Industrial Space, Excellent Condition
    Where is this distribution center located?
    The property is located at 2107 57 Ter West Park, FL.
    What is the lease rate?
    The lease rate is $26 SF/Yr.
    (786) 554-6462 Call to check price and availability
    Request Owner's contact information
    2107 57 Ter West Park, FL 33023
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    2107 57 Ter
    West Park, FL 33023
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    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.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    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.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    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
    2107 57 Ter West Park, FL 33023
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    We can help!
    Contact for Pricing
    Please call us for current price
    and status of this listing Martha Jimenez
    Martha Jimenez
    Real Estate License ID: 3196749
    (786) 554-6462 (305) 251-2127
    Learn more
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!