Sign Up Successful!
You now have access to more from Realmo!
Property Lookup
    Property Lookup
    • 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
    Property profile & analytics

    1814 38Th St Lauderhill, FL 33311

    • Industrial properties
    OFF-MARKET
    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Industrial properties

    Property Details for 1814 38Th St

    Property type
    Industrial properties

    Description

    This 750-square-foot industrial warehouse space in Lauderhill, Florida, is available for immediate lease. Perfectly suited for storage, distribution, e-commerce businesses, or tradespeople, this unit boasts a recently renovated interior. Improvements include fresh paint, updated flooring, and chic lighting, creating a clean and functional workspace. Access is provided via a convenient 12x14 roll-up door, simplifying loading and unloading. The property offers ample parking for tenants and their clients. Furthermore, the location provides easy access to major transportation arteries, including I-95, the Turnpike, and 441, ensuring efficient logistics. On-site management and maintenance are available, providing peace of mind. Shared common restroom facilities are also provided. The asking lease price is $1495. First month's rent and security deposit are required to secure the lease. This well-maintained warehouse offers a cost-effective solution for businesses seeking a functional and conveniently located space in Lauderhill. The property is ready for immediate occupancy.

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Lauderhill
    County
    Broward
    State
    Florida
    Longitude
    -80.1993
    Latitude
    26.1488

    Comparable in this City

    • Value Estimation by Request
      5,250 SF

      1814-1896 38Th Ave

      Flex space • 5,250 SF
      1814-1896 38Th Ave, Lauderhill, FL 33311
      View Details
    • Value Estimation by Request
      144,016 SF

      3849-3999 19Th St

      Distribution properties • 144,016 SF
      3849-3999 19Th St, Lauderdale Lakes, FL 33311
      View Details
    • Value Estimation
      $990,000
      6,300 SF

      1250 23rd Ave

      INDUSTRIAL (GENERAL) • 6,300 SF
      1250 23rd Ave, Fort Lauderdale, FL 33311-5243
      View Details
    • Value Estimation
      $10,870,000
      36,804 SF

      3291 Sunrise Blvd

      MIXED USE (COMMERCIAL/INDUSTRIAL) • 36,804 SF
      3291 Sunrise Blvd, Lauderhill, FL 33311-5603
      View Details
    • Value Estimation by Request

      1850 38Th St

      Distribution properties
      1850 38Th St, Lauderhill, FL 33311
      View Details
    • Value Estimation by Request

      358 27Th Ave

      Distribution properties
      358 27Th Ave, Fort Lauderdale, FL 33311
      View Details

    Similar Nearby for Sale

    • $4,750,000
      1.60 Acres

      on a strategic corner across from UPS

      this property is in an outstanding location for industrial uses and can be a strategic asset to own.""""}"""
      1601 38Th Ave, Lauderhill, FL 33311
      View Details
    • $975,000
      0.16 Acres

      Fort Lauderdale Commercial/Industrial Opportunity

      Two-story commercial building in prime Fort Lauderdale location.
      1021 NW 1St St, Fort Lauderdale, FL 33311
      View Details
    • Contact for pricing

      Lauderhill Industrial Space For Lease

      Spacious Industrial Unit, Great Location
      1850 38Th St, Lauderhill, FL 33311
      View Details
    • $6,500,000
      20,427 SF

      Fort Lauderdale Industrial Property

      High-traffic Auto Shop & Warehouse
      1260 Sunrise Blvd, Fort Lauderdale, FL 33311
      View Details
    • $4,500,000
      8,976 SF

      Fort Lauderdale Warehouse - $4.5M

      8,976 SF renovated warehouse, prime location.
      921 8Th Ave, Fort Lauderdale, FL 33311
      View Details
    • $970,000
      3,659 SF

      Fort Lauderdale Industrial Investment

      High-yield multi-tenant warehouse in prime location.
      2646 4Th St, Fort Lauderdale, FL 33311
      View Details

    Similar Nearby for Lease

    • $36 SF/Yr
      1,023 SF

      Industrial Space Available For Rent

      1,023 square feet industrial space available for lease.
      2301 NW 30Th Ave, Oakland Park, FL 33311
      View Details
    • $28 SF/Yr

      Industrial Space Available For Rent

      5200 sq ft industrial space available for rent.
      2595 NW 4Th Ct, Fort Lauderdale, FL 33311
      View Details
    • $14 SF/Yr
      144,016 SF

      Lakes Merchandise Mart: Prime Warehouse Space

      Lauderdale Lakes warehouse, 144,016 sqft.
      3849-3999 19Th St, Lauderdale Lakes, FL 33311
      View Details
    • $18 SF/Yr
      1,400 SF

      Renovated Warehouse Space Available

      Small bay warehouse with office, restroom, and impact windows.
      3035-3071 NW 28Th St, Lauderdale Lakes, FL 33311
      View Details
    • $23 SF/Yr

      Urban Warehouse Space Available

      2,800 sq ft light industrial warehouse for lease.
      3669 NW 19Th St, Lauderdale Lakes, FL 33311
      View Details
    • $16 SF/Yr
      5,000 SF

      Oakland Park Flex Space Available

      5,000 SF flex space with HVAC and fenced yard.
      3046 NE 12Th Ter, Oakland Park, FL 33311
      View Details
    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.
    1814 38Th St
    Lauderhill, FL 33311
    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

    Google sign-in failed. Please try again or use another login method.