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    Property profile & analytics
    OFF-MARKET Estimated value $2,835,000
    Warehouses

    2701 29th Ter 2719, Lauderdale Lakes, FL 33311-2038

    21,846 SF 1.08 ac lot Built 1982
    Individually Owned 7-yr Hold Absentee Owner ~ Est. High Equity
    Property ID
    US18-5050553
    Property summary
    AI-generated overview

    This exceptional $4,000,000 industrial property, located at 2701 NW 29th Ter, Oakland Park, FL 33311 (Broward County), presents a unique investment opportunity. Built in 1983, this versatile facility encompasses a thriving two-part business: a well-established e-commerce operation and a fully operational manufacturing company. The manufacturing component specializes in producing a diverse range of products including lotions, gummies, and vapes, utilizing a clean room facility. The business also functions as a co-packing service, currently servicing the CBD market with the potential to expand into supplements, cosmetics, and other related industries. The property includes a sales office and a fully staffed team, ensuring a seamless transition for the new owner. A significant advantage is the inclusion of an established CBD brand with both online and in-store sales channels. The current owner is willing to provide training and support to facilitate a smooth transition. This turnkey operation offers immediate revenue streams and significant growth potential within the dynamic Florida market. The property's location in Lauderdale Lakes provides excellent access to major transportation routes, enhancing logistical efficiency. This is a rare opportunity to acquire a profitable, established business with significant assets and future expansion capabilities. The property's industrial zoning allows for a variety of uses, providing flexibility for future development or expansion of the existing operations.

    Property profile
    Verified
    Property type Warehouses
    Use group WAREHOUSE, STORAGE
    Year built 1982
    Construction CONCRETE
    Total area 21,846 SF
    Lot 1.08 ac (46,963 SF)
    Zoning code I-1
    APN 49-42-29-27-0070
    UPID US18-5050553
    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
    $3.87M
    Blend (final) Blend
    $2.84M
    Owner & transaction history
    Lauderdale Lks Indl Pk Jv · 7 yrs held
    Lauderdale Lks Indl Pk Jv
    since 2018
    1 recorded transaction
    2018
    Zoning & alternative use
    I-1 · Lauderdale Lakes, FL
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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