511-545 32Nd St Oakland Park, FL 33334
This Oakland Park, Florida industrial property, located at 511-545 NE 32nd Street, 33334, offers 64,453 square feet of warehouse and distribution space across two single-story buildings. Built in 1961, the property features multiple tenancies with a minimum divisible space of 2,385 square feet and a maximum contiguous space of 4,046 square feet. Currently, 6,431 square feet is vacant. Each unit boasts 12-foot ceilings, 10' x 12' front and rear grade-level overhead doors, and 3-phase power. Small office spaces are included in the units. The property is zoned I-1 for light industrial use and is conveniently located approximately two miles east of I-95 and one block north of NE 5th Avenue in Broward County (APN: 4942 23 05 5710). This well-maintained complex provides an excellent opportunity for businesses seeking flexible and functional warehouse space in a prime location. The property's features, including LED lighting, make it ideal for various industrial operations.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.