Add Listing
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    20311 Sheridan St Davie, FL 33332

    Property Lookup

    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings
    Property profile & analytics

    20311 Sheridan St Davie, FL 33332

    View on Map
    • Warehouses
    • 242,560 SF
    Off-Market
    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Warehouses

    Property Details for 20311 Sheridan St

    Year built
    2018
    Property size
    242,560 SF
    Property type
    Warehouses
    Property subtype
    Industrial properties

    Description

    This exceptional Class A industrial property, totaling 242,560 square feet, presents a unique opportunity in Broward County's thriving industrial market. Built in 2018, this single-story building features a modern design and high-quality construction, including tilt-wall construction and an ESFR sprinkler system. The expansive space is currently divided into three separate bays, each readily available for lease. Boasting a 32-foot clear ceiling height, 37 dock-high doors, and one drive-in door with ramp, this facility is perfectly suited for various manufacturing, warehouse, and distribution needs. The property benefits from a substantial 125-foot truck court and ample parking with 250 automobile spaces. The building's specifications include 1,600 amp 3-phase 480/277 volt electric service and energy-efficient LED lighting. Its strategic location offers unparalleled access to major transportation arteries, including convenient proximity to I-27 (2-minute drive), I-75 (9-minute drive), I-595 (22-minute drive), the Florida Turnpike (23-minute drive), I-95 (30-minute drive), Port Everglades (28-minute drive), and Fort Lauderdale Airport (29-minute drive). The property is zoned PID and offers a column spacing of 55' x 56' and a building depth of 225 feet. This is a prime opportunity to secure a state-of-the-art industrial facility in a highly desirable location.

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Davie
    County
    Broward
    State
    Florida
    Longitude
    -80.4185
    Latitude
    26.0298

    Comparable in this City

    • Value Estimation
      $44,080,000
      218,943 SF

      20311 Sheridan St

      WAREHOUSE, STORAGE • 218,943 SF
      20311 Sheridan St, Fort Lauderdale, FL 33332-2313
      View Details
    • Value Estimation
      $1,715,000
      8,353 SF

      20701 Stirling Rd

      WAREHOUSE, STORAGE • 8,353 SF
      20701 Stirling Rd, Southwest Ranches, FL 33332-1513
      View Details
    • Value Estimation by Request
      248,770 SF

      20351 Sheridan St

      WAREHOUSE, STORAGE • 248,770 SF
      20351 Sheridan St, Fort Lauderdale, FL 33332-2315
      View Details
    • Value Estimation
      $6,480,000
      26,918 SF

      6861 196th Ave Ste, Unit 200

      WAREHOUSE, STORAGE • 26,918 SF
      6861 196th Ave Ste, Fort Lauderdale, FL 33332-1628
      View Details
    • Value Estimation by Request
      8.40 Acres

      5900 202nd Ave

      BULK STORAGE, TANKS • 8.40 Acres
      5900 202nd Ave, Fort Lauderdale, FL 33332-1523
      View Details
    • Value Estimation by Request
      5.31 Acres

      Deer Crk Pass

      BULK STORAGE, TANKS • 5.31 Acres
      Deer Crk Pass, Pembroke Pines, FL 33332
      View Details

    Similar Nearby for Sale

    • Contact for pricing
      0.18 Acres

      Land in Southwest Ranches, FL

      Mixed-use property for sale with water and electric capabilities.
      5225 SW 210Th Ter, Southwest Ranches, FL 33332
      View Details
    • New
      $695,000
      0.83 Acres

      Fort Lauderdale Residential Lot

      Residential land in Fort Lauderdale, build your dream home.
      20411 SW 51St St, Fort Lauderdale, FL 33332
      View Details
    • Contact for pricing

      Five Acre Agricultural Land Opportunity

      Five acre property suitable for residential or commercial development.
      5960 SW 190Th Ave, Southwest Ranches, FL 33332
      View Details
    • $825,000
      0.40 Acres

      Residential Homesite in Exclusive Weston

      Rare opportunity to build your dream home in Weston, FL.
      19068 Park Ridge St, Weston, FL 33332
      View Details

    Similar Nearby for Lease

    • Contact for pricing
      85,552 SF

      Distribution Center For Rent

      New distribution center with state-of-the-art construction, available for rent.
      20311 Sheridan St, Fort Lauderdale, FL 33332
      View Details
    • Contact for pricing

      Fort Lauderdale Warehouse Space

      Warehouse space available for lease in Fort Lauderdale, Florida.
      20421 Sheridan St, Fort Lauderdale, FL 33332
      View Details
    • Contact for pricing

      Industrial Space in Fort Lauderdale

      Available industrial space ranging from 100,000 to 281,145 SF.
      20421 Sheridan St, Fort Lauderdale, FL 33332
      View Details
    • Contact for pricing

      Modern Industrial Building For Lease

      Class A industrial space available in active Broward County submarket.
      20311 Sheridan St, Davie, FL 33332
      View Details
    • Contact for pricing

      Retail Space Anchored by Publix

      69,475 SF shopping center anchored by Publix.
      19401 Sheridan St, Fort Lauderdale, FL 33332
      View Details
    • $26 SF/Yr

      Shopping Center Anchored by Publix

      69,475 SF shopping center located on a major arterial.
      19401- Sheridan St, Pembroke Pines, FL 33332
      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.
    20311 Sheridan St
    Davie, FL 33332
    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.
    Sign Up Successful!
    You now have access to more from Realmo!