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Property profile & analytics
FOR LEASE
Industrial land

1700 Eller Dr Fort Lauderdale, FL 33316

47,930 SF 10 ac lot Built 1974
Entity Owned 4-yr Hold Absentee Owner ~ Est. High Equity
Property ID
US18-4584371
Property summary
AI-generated overview

This exceptional Class A industrial property, located at 1700 Eller Dr, Fort Lauderdale, FL 33316, offers 199,643 square feet of warehouse and distribution space in a single-tenant building. Constructed in 2023, the building boasts a 36-foot ceiling height, providing ample vertical storage capacity. The property features 6 dock-high doors and 1 drive-in door, facilitating efficient loading and unloading. With 172 total parking spaces, ample room is available for employees and visitors. Situated on a 10-acre lot with direct Port Everglades frontage, this location offers unparalleled access to major transportation arteries. Currently, 50,000 square feet of space is available for lease. The property's APN is 50-42-23-15-0010. This fully secured, free-standing building represents a prime opportunity for businesses seeking a modern, efficient, and strategically located industrial space. The building's single-tenant occupancy ensures a controlled and secure environment. The expansive lot size and convenient access to Port Everglades make this property an ideal choice for companies requiring significant storage and distribution capabilities. This is a rare opportunity to secure a state-of-the-art facility in a highly desirable location.

Property profile
Verified
Property type Industrial land
Use group INDUSTRIAL - VACANT LAND
Year built 1974
Construction CONCRETE
Total area 47,930 SF
Lot 10 ac (435,467 SF)
Zoning code PEDD
APN 50-42-23-15-0010
UPID US18-4584371
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
  • Travelmart Publication Corporate Office
  • Seagis @ Port Everglades Warehouse & Storage
  • Port Everglades Gas Station
  • Alamo Rent A Car Car Rental Facility
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$25.87M
Owner & transaction history
Spg 1700 Eller Dr LLC · 4 yrs held
Spg 1700 Eller Dr LLC
since 2021
Last sale
$29.5M
5 recorded transactions
2024
Price N/A
2022
Price N/A
2021
$29.5M
1998
$1.4M
1969
Price N/A
Zoning & alternative use
PEDD · Fort Lauderdale, FL
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Restaurant $40.9M +81.8%
Auto repair, garage $38.8M +72.5%
Neighborhood: shopping center $36.1M +60.1%
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
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