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

    1030 43rd Ct Oakland Park, FL 33334-3808

    • Warehouses
    • 4,050 SF
    • 0.14 lot acres
    OFF-MARKET
    Value Estimations
    $820,000
    Show details
    Cap Rate Potential
    Location Intelligence
    Property ID
    US18-0835724
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Warehouses

    Property Details for 1030 43rd Ct

    Year built
    1969
    Construction
    CONCRETE
    Lot size
    0.14 lot acres
    Property size
    4,050 SF
    Zone code
    I-1
    Property type
    Warehouses
    APN
    49-42-23-22-0480
    APU
    494223220480

    Description

    This exceptional 9,000 square foot industrial warehouse, located in Oakland Park, Florida's Central Business District at 1030 NE 43rd Ct, 33334, presents a compelling investment opportunity. Currently vacant, this Class B property offers significant potential for owner-users or investors seeking a high return. Built in 1970 and extensively renovated in 2020, the property boasts a 12-foot ceiling height, two loading docks with two dock-high doors, and two bathrooms. A 1200 square foot air-conditioned office/conference room adds versatility. The 2020 renovations included a new electrical panel and roof resurfacing. A 40-year concrete and structural re-certification was completed in 2023, ensuring structural integrity. The property sits on a single story building and is zoned 48-01 Warehousing, ideal for distribution, manufacturing, or warehousing operations. Its prime location offers easy access to I-95, providing convenient access to Miami and Fort Lauderdale. With a 7% cap rate and a 9,000 square foot net rentable area, this property represents a strong investment in a rapidly developing area. The asking price is $2,300,000. The property is currently vacant with an occupancy date of February 1, 2025.

    Value Estimations

    based on Realmo’s proprietary methodology

    • CAP approach

      CAP Return
      Estimation
      6%
      $1,120,000
      6.5%
      $1,035,000
      7%
      $960,000

    • Comparable approach

      Method
      Estimation
      AI Estimate
      $505,000
      Market price range: $303k - $1.01M

    Get a detailed, property-specific valuation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    Oakland Park
    County
    Broward
    State
    Florida
    Longitude
    -80.1334
    Latitude
    26.1803
    CBSA code
    33100
    CBSA name
    MIAMI-FORT LAUDERDALE-MIAMI BEACH, FL METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $9,801
    $56,250
    $388,380
    $444,630
    -
    $56,250
    $388,380
    $444,630

    Comparable in this City

    • Value Estimation by Request
      64,453 SF

      511-545 32Nd St

      Distribution properties • 64,453 SF
      511-545 32Nd St, Oakland Park, FL 33334
      View Details
    • Value Estimation
      $2,725,000
      13,054 SF

      4900 11th Ave

      WAREHOUSE, STORAGE • 13,054 SF
      4900 11th Ave, Oakland Park, FL 33334-3911
      View Details
    • Value Estimation
      $21,200,000
      139,980 SF

      4950 Dixie Hwy

      MINI-WAREHOUSE, STORAGE • 139,980 SF
      4950 Dixie Hwy, Oakland Park, FL 33334-3947
      View Details
    • Value Estimation
      $1,395,000
      6,673 SF

      3964-4018 5th Ave

      WAREHOUSE, STORAGE • 6,673 SF
      3964-4018 5th Ave, Oakland Park, FL 33334
      View Details
    • Value Estimation
      $2,890,000
      13,552 SF

      3930 5th Ave, Unit 3948

      WAREHOUSE, STORAGE • 13,552 SF
      3930 5th Ave, Oakland Park, FL 33334-2232
      View Details
    • Value Estimation
      $1,850,000
      8,112 SF

      4278 5th Ave, Unit 4308

      WAREHOUSE, STORAGE • 8,112 SF
      4278 5th Ave, Oakland Park, FL 33334-3153
      View Details

    Similar Nearby for Sale

    • $575,000
      2,500 SF

      Oakland Park Warehouse Portfolio

      Six-Unit Warehouse, 100% Occupied
      4407 10Th Ave, Oakland Park, FL 33334
      View Details
    • $4,725,000
      11,588 SF

      Fort Lauderdale Industrial Investment Opportunity

      Two-building industrial property with long-term credit lease in Fort Lauderdale.
      1165 Nw 55Th St, Fort Lauderdale, FL 33334
      View Details
    • $1,400,000
      0.17 Acres

      Oakland Park Warehouse with Alley

      Spacious warehouse with covered area, convenient access, and light industrial zoning.
      1040 NE 44Th St, Fort Lauderdale, FL 33334
      View Details
    • $1,400,000
      4,492 SF

      Fort Lauderdale Warehouse - $1.4M

      Spacious warehouse, ideal for business growth.
      1040 44Th St, Fort Lauderdale, FL 33334
      View Details
    • $1,450,000
      2,600 SF

      Refinished Oakland Park Warehouse/Manufacturing Building

      Refinished 2,600 SF building with yard in Oakland Park.
      181 NE 32Nd Ct, Fort Lauderdale, FL 33334
      View Details
    • $1,550,000
      5,867 SF

      Oakland Park Warehouse Flex Building

      5,867 SF warehouse/flex building with secure outside storage.
      3034 NE 12Th Ter, Oakland Park, FL 33334
      View Details

    Similar Nearby for Lease

    • $0.16 SF/Yr
      1,650 SF

      Oakland Park Warehouse - 6,600 SF

      Newly renovated warehouse, ideal location, four bays.
      141 32 St, Oakland Park, FL 33334
      View Details
    • $450 /Mo

      530 Prospect Oakland Park FL 33334

      300 ft2 Self Storage Garage $450/m Only 1 available! (Oakland Park)
      530 Prospect Oakland Park FL 33334, Oakland Park, FL 33334
      View Details
    • $18 SF/Yr
      2,649 SF

      Oakland Park Warehouse Space Available

      Recently renovated warehouse space available for sublease in Oakland Park.
      4003 NE 6Th Ave, Oakland Park, FL 33334
      View Details
    • $23 SF/Yr
      7,360 SF

      Oakland Park Warehouse For Rent

      Renovated warehouse in Oakland Park with easy I-95 access.
      559 NE 42Nd St, Fort Lauderdale, FL 33334
      View Details
    • $24,000

      Fort Lauderdale Office/Warehouse Space

      Upgraded office and warehouse space in a prime location.
      5399 NE 14Th Ave, Fort Lauderdale, FL 33334
      View Details
    • $20 SF/Yr
      53,285 SF

      East Lauderdale Warehouses For Sale

      Oakland Park industrial space, 35 units available
      4760- 12Th Ave, Oakland Park, FL 33334
      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.
    1030 43rd Ct
    Oakland Park, FL 33334-3808
    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.