Sign Up Successful!
You now have access to more from Realmo!
Property Lookup
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings
    Property profile & analytics

    3571 Andrews Ave Fort Lauderdale, FL 33309

    • Warehouses
    • 3,885 SF
    • 0.15 lot acres
    OFF-MARKET
    Last Sale
    Jun 14, 2022
    $5,000,000
    Value Estimations
    $4,950,000
    Show details
    Cap Rate Potential
    Location Intelligence
    Property ID
    US18-2083188
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Warehouses

    Property Details for 3571 Andrews Ave

    Year built
    1955
    Construction
    CONCRETE
    Lot size
    0.15 lot acres
    Property size
    3,885 SF
    Zone code
    B-1
    Property type
    Warehouses
    Property subtype
    Self storage facilities
    APN
    49-42-22-09-0620
    APU
    494222090620

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

      Method
      Estimation
      Statistic approach
      $5,020,000
      ML approach
      $4,770,000

    • Alternative Use

      Use
      Estimation
      AUTO REPAIR, GARAGE
      $3,150,000

    Get a detailed, property-specific valuation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    Fort Lauderdale
    County
    Broward
    State
    Florida
    Longitude
    -80.1469
    Latitude
    26.1718
    CBSA code
    33100
    CBSA name
    MIAMI-FORT LAUDERDALE-MIAMI BEACH, FL METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $10,560
    $78,000
    $396,050
    $474,050
    -
    $78,000
    $396,050
    $474,050

    Comparable in this City

    • Value Estimation
      $1,150,000
      7,779 SF

      3050 60th St

      MINI-WAREHOUSE, STORAGE • 7,779 SF
      3050 60th St, Fort Lauderdale, FL 33309-2249
      View Details
    • Value Estimation
      $1,650,000
      11,053 SF

      970 988th Nw 44th St

      MINI-WAREHOUSE, STORAGE • 11,053 SF
      970 988th Nw 44th St, Oakland Park, FL 33309
      View Details
    • Value Estimation by Request
      2,572 SF

      200 Prospect Rd

      MINI-WAREHOUSE, STORAGE • 2,572 SF
      200 Prospect Rd, Oakland Park, FL 33309-3926
      View Details
    • Value Estimation by Request
      1,440 SF

      120 Prospect Rd

      MINI-WAREHOUSE, STORAGE • 1,440 SF
      120 Prospect Rd, Oakland Park, FL 33309-3924
      View Details
    • Value Estimation
      $11,405,000
      90,377 SF

      1 57th St

      MINI-WAREHOUSE, STORAGE • 90,377 SF
      1 57th St, Fort Lauderdale, FL 33309-2344
      View Details
    • Value Estimation
      $8,330,000
      69,406 SF

      3001 60th St, Unit 3067

      MINI-WAREHOUSE, STORAGE • 69,406 SF
      3001 60th St, Fort Lauderdale, FL 33309-2254
      View Details

    Similar Nearby for Sale

    • $2,850,000
      4,950 SF

      Fort Lauderdale Warehouse - $2.85M

      Spacious Warehouse, Excellent Location, Vacant
      815 57Th Ct, Fort Lauderdale, FL 33309
      View Details
    • Contact for pricing

      Fort Lauderdale Industrial Warehouse Space

      Functional industrial warehouse space in a prime Fort Lauderdale location.
      2775 NW 63Rd Ct, Fort Lauderdale, FL 33309
      View Details
    • Contact for pricing
      46,105 SF

      Oakland Park Industrial Units

      Industrial units for lease in Oakland Park, Florida.
      4120-4132 NW 10Th Ave, Oakland Park, FL 33309
      View Details
    • $8,950,000
      29,960 SF

      Fort Lauderdale Warehouse with A/C

      29,960 SF warehouse with full A/C and parking.
      1410 W Mcnab Rd, Fort Lauderdale, FL 33309
      View Details
    • $5,495,000

      Industrial Warehouse in Fort Lauderdale

      Dock-high warehouse for sale in a desirable submarket.
      821 NW 57Th Pl, Fort Lauderdale, FL 33309
      View Details
    • $2,300,000

      Oakland Park Industrial Warehouse

      Eight-unit industrial warehouse in Oakland Park's industrial corridor.
      3560 NW 10Th Ave, Oakland Park, FL 33309
      View Details

    Similar Nearby for Lease

    • $19 SF/Yr
      63,274 SF

      Fort Lauderdale Office/Flex Space

      Prime Broward County location, flexible suites.
      3350 53Rd St, Fort Lauderdale, FL 33309
      View Details
    • New
      $6,400 /Mo
      14,000 SF

      Fort Lauderdale Office Warehouse Space

      Office and warehouse space in a prime Fort Lauderdale location.
      1100 NW 54Th St, Fort Lauderdale, FL 33309
      View Details
    • $16 SF/Yr
      20,288 SF

      Fort Lauderdale Warehouse Space

      Large Warehouse, Abundant Parking
      2610 55Th Ct, Fort Lauderdale, FL 33309
      View Details
    • Contact for pricing
      30,200 SF

      Fort Lauderdale Industrial Warehouse

      30,200 SF Warehouse, Flex Space Available
      3555 53Rd Ct, Fort Lauderdale, FL 33309
      View Details
    • $24 SF/Yr
      43,006 SF

      Fort Lauderdale Warehouse Space

      Industrial Warehouses, Prime Location
      1052-1090 53Rd St, Fort Lauderdale, FL 33309
      View Details
    • $18 SF/Yr
      41,179 SF

      Fort Lauderdale Warehouse/Production Space

      Recently renovated warehouse/production space in Fort Lauderdale's Gateway Industrial Park.
      6682 Northwest 16Th Ter, Fort Lauderdale, FL 33309
      View Details
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    3571 Andrews Ave
    Fort Lauderdale, FL 33309
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.