810 4Th Ave Fort Lauderdale, FL 33304
- Warehouses
- 3,247 SF
- 0.22 lot acres
Current Use by Public Records
- Highline Studios / Video Production Service
Property Details for 810 4Th Ave
- Year built
- 1958
- Construction
- CONCRETE
- Lot size
- 0.22 lot acres
- Property size
- 3,247 SF
- Zone code
- RAC-UV
- Property type
- Warehouses
- APN
- 49-42-34-36-0070
- APU
- 494234360070
Description
This exceptional investment opportunity presents three vacant industrial buildings totaling 5,147 square feet on a 16,250 square foot lot in Fort Lauderdale's vibrant M.A.S.S. District. Located at 810 NE 4th Ave and 805 NE 5th Ave, these single-story structures offer a unique blend of indoor and outdoor space. The buildings feature exposed wood beam ceilings, multiple garage doors, and ample surface parking or storage. One building provides access from both NE 4th and NE 5th Avenues. A large backyard and covered patio area are ideal for food and beverage operations or similar uses. The property benefits from a highly desirable RAC-UV zoning, allowing for diverse uses including food and beverage, retail, multifamily, hotel, and office space. Its central location places it within walking distance of the new Flagler Creative mixed-use development (316 apartments) and the upcoming Searstown redevelopment (nearly 1,500 apartments, hotel, and extensive retail space). This presents a rare chance to acquire a value-add property in a rapidly growing area with significant upside potential. The asking price is $4,900,000, with a price per square foot of $952.01. This is a truly unique opportunity to own a piece of Fort Lauderdale's thriving commercial landscape.
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $1,700,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $2,175,000
- 6.5%
- $2,225,000
- 7%
- $2,175,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $1,870,000
- Geo Method
- $2,015,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $1,760,000
- Retail
- $2,205,000
- Mixed-Use
- $1,860,000
- Hospitality
- $2,095,000
- Educational
- $1,710,000
- Residential Income
- $1,955,000
- Energy
- $2,175,000
- Income-Based Land
- $1,945,000
- Food Service
- $2,265,000
Location Insight
- Map
- Local Demand
- City
- Fort Lauderdale
- County
- Broward
- State
- Florida
- Longitude
- -80.1397
- Latitude
- 26.1338
- CBSA code
- 33100
- CBSA name
- MIAMI-FORT LAUDERDALE-MIAMI BEACH, FL METROPOLITAN STATISTICAL AREA
