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Property profile & analytics
OFF-MARKET Estimated value $19,035,000
Industrial land

20421 Sheridan St Fort Lauderdale, FL 33332

194,393 SF 34.2 ac lot Built 1977
Individually Owned 2-yr Hold Absentee Owner ~ Est. High Equity
Property ID
US18-1141601
Property summary
AI-generated overview

This exceptional 281,145-square-foot distribution center in Fort Lauderdale, Florida, offers a prime opportunity for businesses seeking modern, efficient warehouse and manufacturing space. Located at 20421 Sheridan St, 33332, this single-story, 2025-built facility boasts a 36-foot clear ceiling height, 57 dock-high doors, and two drive-in doors with ramps, ensuring seamless loading and unloading operations. The expansive 13.77-acre site includes ample parking with 181 spaces. The building features a concrete tilt-wall construction with steel columns, a TPO roof membrane with R-15 insulation, and an ESFR sprinkler system for optimal fire protection. The property offers flexible space options, with a minimum divisible space of 100,000 square feet and up to the entire 281,145 square feet available. Power is provided by a robust 2200-amp, 3-phase electrical service, distributed across three 600-amp panels and one 400-amp house panel. Fiber optic availability is also present on-site. Column spacing is 53'9" deep by 56' wide, and a 185' truck court with 69 parking spots is included. A 60' deep speed bay further enhances operational efficiency. This state-of-the-art facility is ideally suited for a variety of industrial uses.

Property profile
Verified
Property type Industrial land
Use group INDUSTRIAL - VACANT LAND
Year built 1977
Construction CONCRETE
Total area 194,393 SF
Lot 34.2 ac (1,489,862 SF)
Zoning code (PID)
APN 51-39-02-02-0011
UPID US18-1141601
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
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$19.04M
Owner & transaction history
Sfdc Owners Association · 2 yrs held
Sfdc Owners Association
since 2023
Last sale
$20.0M
7 recorded transactions
2023
Price N/A
2023
$20.0M
2021
Price N/A
2020
$32.5M
2020
$32.5M
2020
$40.4M
2019
Price N/A
Zoning & alternative use
(PID) · Fort Lauderdale, FL
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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