4050 9th Ave Oakland Park, FL 33334-3006
- Warehouses
- 16,500 SF
- 0.43 lot acres
Current Use by Public Records
- Warehouses
Property Details for 4050 9th Ave
- Year built
- 1963
- Construction
- CONCRETE
- Lot size
- 0.43 lot acres
- Property size
- 16,500 SF
- Zone code
- I-1
- Property type
- Warehouses
- APN
- 49-42-23-13-0900
- APU
- 494223130900
Description
This 15,000-square-foot warehouse/flex space in Oakland Park, FL, offers a prime location just five minutes from I-95. Built in 1963 and renovated in 2017, the single-tenant building sits on 0.43 acres and features an 18-foot ceiling height, four drive-in doors, and heavy power (2,400 amps, 208V). The space includes a mezzanine for additional storage, a manager's office, main floor office space, two air-conditioned printer rooms, and a break room. The warehouse boasts 15,000 square feet of open space, three ground-level roll-up doors, over 8-inch concrete floors, and large indoor fans. Recent electrical upgrades exceeding $250,000 have resulted in a clean, efficient system. This property benefits from its proximity to major transportation arteries, airports, and local amenities, including the Funky Buddha Brewery. The surrounding area is undergoing revitalization, making this an excellent opportunity for businesses seeking a well-maintained, strategically located space in a growing commercial district. Annual property taxes are $2.50 per square foot.
Value Estimations
-
CAP approach
- CAP Return
- Estimation
- 6%
- $3,605,000
- 6.5%
- $3,330,000
- 7%
- $3,090,000
-
Comparable approach
- Method
- Estimation
- AI Estimate
- $1,988,000
Market price range: $1.24M - $4.11M
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Location Insight
- Map
- Local Demand
- City
- Oakland Park
- County
- Broward
- State
- Florida
- Longitude
- -80.1354
- Latitude
- 26.1775
- CBSA code
- 33100
- CBSA name
- MIAMI-FORT LAUDERDALE-MIAMI BEACH, FL METROPOLITAN STATISTICAL AREA