Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Back to Search
    Hallandale Beach Warehouse For Sale Title is generated by Realmo AI

    707 N Dixie Hwy, Hallandale Beach, FL 33009

    View on Map
    Claim this Listing
    For Sale
    Contact for pricing

    4,850 SF warehouse on 13,753 SF lot in Hallandale Beach.

    Type:Industrial
    Property size:
    4,850 SF
    Lot size:
    0.32 Acres
    Price / SF:
    $567/SF
    Added:
    Oct 31, 2024
    Days on Market:
    583
    Last Refresh:
    May 12 at 10:46 pm

    Property Features for 707 N Dixie Hwy

    General Information

    Standard status
    Active
    Size
    4,850 SF
    Lot size
    0.32 Acres
    Property subtype
    Industrial

    Building Details

    Year Built
    1965

    We can help!

    Listing Contact
    John DeMarco

    Listing agent John DeMarco License #BK3134747

    Listing office RE/MAX 5 Star Realty

    Listing date Oct 31, 2024

    Source Crexi

    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 RE/MAX 5 Star Realty

    HighLights

    • Grandfathered‑in approval for auto collision, mechanic, and auto dealership operations.
    • Includes business value, licenses, equipment, and inventory for seamless operations.
    • Located on North Dixie Hwy in East Hallandale Beach with direct frontage.
    • Zoned Central RAC supporting office, retail, multifamily, and restaurant uses.
    • 4,850 SF warehouse on a 13,753 SF lot.
    • Features 15' high ceilings and two street‑level roll‑up doors.

    Overview

    This commercial property is located in East Hallandale Beach. The 4,850 SF warehouse is situated on a 13,753 SF lot with direct frontage on North Dixie Hwy. The building features 15' high ceilings and two street-level roll-up doors. It includes a built-out office with a waiting area. The property is in excellent condition. Zoned Central RAC, it supports various commercial uses such as office, retail, multifamily, and restaurant. The property has grandfathered-in approval for auto collision, mechanic, and auto dealership operations. The sale includes business value, licenses, equipment, and inventory, offering an opportunity for seamless operations.
    Property Profile Location Intelligence

    Current Use by Public Records

    Auto shops

    Similar Places Nearby

    • Self Storage — 400 S Dixie Hwy, Hallandale Beach, FL 33009
    • La criss de warehouse — 300 NW 2nd St, Hallandale Beach, FL 33009
    • Nova Self Storage Unit — 211 NE 3rd St, Hallandale Beach, FL 33009
    • Two Men and a Truck Moving and Storage — 26 NW 1st St, Hallandale Beach, FL 33009

    Map

    City
    Hallandale Beach
    County
    Broward
    State
    Florida
    Longitude
    -80.1469
    Latitude
    25.9859

    Nearby Similar for Sale

    • $2,000,000
      5,260 SF

      Hallandale Beach Fourplex Investment Opportunity

      Two duplexes near the beach, ideal for short-term rentals.
      806 NE 6th St, Hallandale Beach, FL 33009
      View Details
    • $1,399,000
      1,364 SF

      Hallandale Beach Drive-Thru Opportunity

      High-visibility retail/convenience store site with drive-thru near Aventura.
      900 Old Federal Hwy, Hallandale Beach, FL 33009
      View Details
    • $1,050,000

      Hallandale Beach Medical/Professional Office

      New Class A building, ideal for medical or professional use.
      800 N Federal Hwy, Hallandale Beach, FL 33009
      View Details
    • $1,153,900

      Hallandale Beach Office Ownership Opportunity

      Eight-story office building with wellness-inspired amenities in Hallandale Beach.
      400 W Hallandale Beach Blvd, Hallandale Beach, FL 33009
      View Details
    • $1,192,900

      Hallandale Beach Office Ownership Opportunity

      Eight-story office building with wellness-inspired amenities in Hallandale Beach.
      400 W Hallandale Beach Blvd, Hallandale Beach, FL 33009
      View Details
    • $718,900

      Hallandale Beach Office Ownership Opportunity

      Eight-story office building with wellness-inspired amenities in Hallandale Beach.
      400 W Hallandale Beach Blvd, Hallandale Beach, FL 33009
      View Details
    • $1,950,000

      Hallandale Beach Multifamily Redevelopment Opportunity

      Value-add multifamily property with redevelopment potential in prime location.
      705-713 NE 3rd St, Hallandale Beach, FL 33009
      View Details
    • $1,497,000

      Hallandale Beach Multifamily Investment

      Well-maintained 6-unit property in a prime location.
      923 SE 2nd Ave, Hallandale Beach, FL 33009
      View Details
    • $424,900

      Hallandale Beach Office Ownership Opportunity

      Refined office ownership with wellness amenities in Hallandale Beach.
      400 W Hallandale Beach Blvd, Hallandale Beach, FL 33009
      View Details
    • $267,900

      Hallandale Beach Office Ownership Opportunity

      Eight-story office building with wellness-inspired amenities on Hallandale Beach Boulevard.
      400 W Hallandale Beach Blvd, Hallandale Beach, FL 33009
      View Details
    • $18,000,000

      Hallandale Beach Penthouse Office

      High-end office space with upgraded finishes and potential naming rights.
      400 W Hallandale Beach Blvd, Hallandale Beach, FL 33009
      View Details
    • $290,000

      Turnkey Medical Spa in Hallandale

      Fully operational medical spa with equipment and established clientele.
      501 Golden Isles Dr #204C, Hallandale Beach, FL 33009
      View Details

    FAQs

    What type of property is this?
    Warehouse - 4,850 SF warehouse on 13,753 SF lot in Hallandale Beach.
    Where is this warehouse located?
    The property is located at 707 N Dixie Hwy Hallandale Beach, FL.
    What is the asking price?
    The asking price for this property is $2,750,000.
    What are key features of this property?
    This property features: Grandfathered‑in approval for auto collision, mechanic, and auto dealership operations.; Includes business value, licenses, equipment, and inventory for seamless operations.; Located on North Dixie Hwy in East Hallandale Beach with direct frontage.
    We can help!
    Contact for Pricing
    Please call us for current price
    and status of this listing
    John DeMarco
    Real Estate License ID: BK3134747
    Request Owner's contact information
    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.
    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
    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

    Thank You for Inquiry
    707 N Dixie Hwy, Hallandale Beach, FL 33009
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!