1341 1st Way, Unit 1369 Deerfield Beach, FL 33441-6642
- Warehouses
- 7,500 SF
- 0.41 lot acres
Oct 04, 2024
Current Use by Public Records
- Warehouses
Property Details for 1341 1st Way
- Year built
- 1974
- Construction
- CONCRETE
- Lot size
- 0.41 lot acres
- Property size
- 7,500 SF
- Zone code
- B-3
- Property type
- Warehouses
- APN
- 48-42-12-20-0170
- APU
- 484212200170
Description
This exceptional 7,725-square-foot warehouse in Deerfield Beach, Florida, presents a compelling investment opportunity. Located at 1341 SW 1st Way, 33441, this industrial property sits on a 0.41-acre lot and boasts a strategic location less than a mile east of Interstate 95 and south of 10th Street, offering easy access to major roadways. The building, constructed of durable masonry with concrete walls and roof, underwent renovations in 1974. The warehouse features a 12-foot ceiling height and a significant advantage of 14 dock-high doors, facilitating efficient loading and unloading. The property is zoned B-3 and is ideal for businesses requiring small-bay warehouse space with drive-through capabilities. The asking price is $1,545,000, translating to $200 per square foot. This property is situated in an area primarily composed of light industrial, warehouse, and flex buildings, ensuring a cohesive and supportive business environment. The building's design allows for vehicles to easily pass through, maximizing operational efficiency. This is a rare opportunity to acquire a well-located, functional warehouse in a thriving industrial area.
Value Estimations
-
AI approach
- Method
- Estimation
- Statistic approach
- $1,450,000
- ML approach
- $1,450,000
-
CAP approach
- CAP Return
- Estimation
- 6%
- $1,640,000
- 6.5%
- $1,515,000
- 7%
- $1,405,000
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Location Insight
- Map
- Local Demand
- City
- Deerfield Beach
- County
- Broward
- State
- Florida
- Longitude
- -80.1062
- Latitude
- 26.2996
- CBSA code
- 33100
- CBSA name
- MIAMI-FORT LAUDERDALE-MIAMI BEACH, FL METROPOLITAN STATISTICAL AREA