4009 5th Ter Oakland Park, FL 33334-2204
This exceptional freestanding industrial property, located in the heart of Oakland Park, offers 9,890 square feet of versatile space ideal for manufacturing, warehousing, distribution, or R&D. Situated on a 20,023 square foot lot, the single-tenant building boasts a 12-foot ceiling height, providing ample vertical space for operations. The property features convenient access with one grade-level roll-up door equipped with a dock ramp, ensuring efficient loading and unloading. Ample power is available to support various industrial needs. The zoning is I-1, allowing for a range of industrial uses. The building's strategic location offers easy access to major transportation arteries, including I-95 and the Turnpike, providing seamless connectivity to the Tri-County area. This property presents a unique opportunity for businesses seeking a well-maintained, functional space in a prime Oakland Park location. The property's features make it particularly well-suited for fabrication, manufacturing, and assembly operations. The ample parking further enhances the property's functionality and convenience. The Assessor's Parcel Number (APN) is 494222190180. This is a single-tenant property.
Light Industrial District is intended primarily for the manufacture, fabrication and processing of small articles and nonobjection able products not involving the use of any materials, processes or machinery likely to cause undesirable effects upon nearby or adjacent residential or business property as determined by the city commission. The district should g…
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
Physical attributes from public recordsZoning & alternative use
I-1 · Oakland Park, FLLight Industrial District is intended primarily for the manufacture, fabrication and processing of small articles and nonobjection able products not involving the use of any materials, processes or machinery likely to cause undesirable effects upon nearby or adjacent residential or business property as determined by the city commission. The district should generally be located near arterial roadways and cater particularly to job-intensive industries which ship goods and products out of the local area. Retail sales, offices, and other commercial uses, other than heavy commercial uses, are not permitted, except as being clearly accessory, as provided in the Oakland Park Comprehensive Plan Future Land Use Element.
Costs & Benchmarks
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Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.