4038 5th Ter Oakland Park, FL 33334-2213
This exceptional investment opportunity presents a 4,000-square-foot multi-tenant warehouse situated in Oakland Park, Florida, at 4038 NE 5th Terrace, zip code 33334. Built in 1960, this single-story industrial property boasts 100% occupancy with three distinct units. The property features a versatile layout, including office space, a bay with a retail counter, and ample warehouse area. Access is provided by two 12-foot bay doors at the front and three additional bay doors secured within a fenced area off the back alley. The building includes one full bathroom and four half bathrooms. The units are currently leased under varying terms: one tenant holds a yearly lease, while the other two are on month-to-month agreements. Unit A comprises approximately 1,740 square feet, Unit B approximately 760 square feet, and Unit C approximately 1,500 square feet. The asking price for this institutional-grade investment is $950,000. The property is located within an established Oakland Park industrial park. Lot size is not specified. This property offers a strong return on investment with its current occupancy and diverse tenant base.
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
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
I-1 · Oakland Park, FLOakland Park. Always verify with local authorities before improvements.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.