1121 Newport Ctr Dr Deerfield Beach, FL 33442-7732
This ±24,262 square foot Class A freestanding industrial building is situated on a 1.32-acre lot in the prestigious Newport Center Business Park in Deerfield Beach, Florida. Built in 1989, this two-story building features a 14-foot ceiling height, one loading dock, and ample parking (2 spaces per 1,000 sq ft). The property includes approximately 9,000 square feet of warehouse/assembly space, is 100% air-conditioned, and boasts a 6-inch cement floor. Its prime location in Northeast Broward County offers easy access to major expressways, including the Florida Turnpike, Sawgrass Expressway, and Interstate 95, providing convenient access to Palm Beach, Broward, and Miami-Dade counties. The building is currently occupied, requiring 24-hour advance notice for showings. A recent 25-year inspection has been completed. The property is zoned PID and offers versatile usage potential, including but not limited to: industrial, educational, medical, scientific research & development, laboratory, information technology, data center, cannabis cultivation/packaging/distribution, medical assembly/storage/distribution, computer part assembly, school/learning & development, commercial kitchen, corporate headquarters, super abrasives manufacturing/distribution, sports medicine, adhesive manufacturing, and cosmetic R&D, production, packaging, and distribution. The asking price is $6,500,000 ($267.91/sq ft). The APN is 484211070650. The address is 1121 W Newport Center Dr, Deerfield Beach, FL 33442.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
Physical attributes from public recordsZoning & alternative use
PID · Deerfield Beach, FLDeerfield Beach. Always verify with local authorities before improvements.
Costs & Benchmarks
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Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.