Industrial Warehouse Near
0 Nw 1 St, Fort Lauderdale, FL
Call to check price and availability
12,500 SF warehouse near downtown Fort Lauderdale.
Type:INDUSTRIAL
Property size:
12,500 SFLot size:
0.32 AcresPrice / SF:
$239/SF- Added:
- Jun 25, 2025
- Days on Market:
- 332
- Last Refresh:
- Apr 5 at 9:23 pm
Property Features for 0 Nw 1 St
General Information
- Standard status
- Active
- Size
- 12,500 SF
- Lot size
- 0.32 Acres
- Property subtype
- INDUSTRIAL
Listing agent Bradley Arendt
Listing office Colliers | Fort Lauderdale (954) 652-4600
Listing date Jun 25, 2025
Source Moodyscre
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 Colliers | Fort Lauderdale
HighLights
- Prime location minutes from Downtown Fort Lauderdale with excellent access to major highways (I‑95, Broward & Sunrise Blvd).
- Significant future development upside due to RAC‑WMU zoning allowing for a 30‑story height limit on half the property.
- Currently 100% occupied with a month‑to‑month lease generating $15,000/month gross income.
- Located within a HUBzone, Opportunity Zone, and CRA overlay, offering tax and funding advantages.
- Features four dock‑high loading doors, 11'4" ceiling heights, and three‑phase power.
- Grandfathered‑in spray booth included within the building.
Overview
This 12,500 square foot industrial warehouse is situated on a 14,000 square foot lot and is located minutes from Downtown Fort Lauderdale, offering accessibility to I-95, Broward Boulevard, and Sunrise Boulevard. The property is zoned B-3, allowing for various commercial and industrial uses. It is currently 100% occupied by a single tenant, Keith Rods and Customs, on a month-to-month lease at a gross rent of $15,000 per month. The site is located in proximity to the Fort Lauderdale-Hollywood International Airport, Port Everglades, and major retail and residential developments. The location is within a HUBzone, Opportunity Zone, and the North West Progresso Flagler Heights CRA overlay. The building features 11'4" ceiling heights, five dock doors, and three-phase power throughout. The building includes a grandfathered-in spray booth. The site has future development potential, with half the property falling under RAC-WMU zoning with a 30-story height limit.
Financial Insights
Value Estimation Calculated for Retail
Conservative
$2.47M
NOI $222,663 @ 9.00% cap · cautious / downside scenario
Moderate
$3.18M
NOI $222,663 @ 7.00% cap · market / base-case scenario
Aggressive
$4.45M
NOI $222,663 @ 5.00% cap · optimistic / upside scenario
NOI & Cap Rate Calculator
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.
Calculated for Retail
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $345.0k | $27.60 |
| − Vacancy | −$26.9k | −$2.15 |
| EGI | $318.1k | $25.45 |
| − OpEx | −$95.4k | −$7.63 |
| NOI | $222.7k | $17.81 |
12,500 SF · lease $27.60/SF/yr · vacancy 7.80% · expense 30.00%
Alternative Use Scenarios
Best Use
Retail
$3.18M
$2.78M – $3.71M
NOI $222,663 @ 7.0% cap · market cap 7.42%
Second Best
Warehouse
$2.97M
$2.60M – $3.46M
NOI $207,646 @ 7.0% cap · market cap 6.92%
Theoretical Best
Office A
$8.40M
$7.35M – $9.80M
NOI $588,000 @ 7.0% cap · market cap 19.61%
Zoning and permitted uses should be independently verified with local authorities.
Location Intelligence
Current Use by Public Records
Auto shops
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Map
- City
- Fort Lauderdale
- County
- Broward
- State
- Florida
- Longitude
- -80.1289
- Latitude
- 26.1243
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FAQs
What type of property is this?
Warehouse - 12,500 SF warehouse near downtown Fort Lauderdale.
Where is this warehouse located?
The property is located at 0 Nw 1 St Fort Lauderdale, FL.
What is the asking price?
The asking price for this property is $2,999,000.
What are key features of this property?
This property features: Prime location minutes from Downtown Fort Lauderdale with excellent access to major highways (I‑95, Broward & Sunrise Blvd).; Significant future development upside due to RAC‑WMU zoning allowing for a **30‑story height limit** on half the property.; Currently 100% occupied with a month‑to‑month lease generating $15,000/month gross income.
