4465 Dixie Hwy Oakland Park, FL 33334-3819
- Warehouses
- 5,000 SF
- 0.16 lot acres
Oct 17, 2023
Current Use by Public Records
- Warehouses
Property Details for 4465 Dixie Hwy
- Year built
- 1972
- Construction
- STEEL FRAME
- Lot size
- 0.16 lot acres
- Property size
- 5,000 SF
- Zone code
- B-3
- Property type
- Warehouses
- APN
- 49-42-14-00-0433
- APU
- 494214000433
Description
This exceptional Oakland Park, Florida investment opportunity encompasses three buildings totaling 12,500 square feet of versatile flex and warehouse space, situated on a substantial 36,268 square foot lot. The property, located at 4465 Dixie Highway, 33334, features two distinct structures with separate entrances. One building offers 5,000 square feet, while the second provides 7,500 square feet of usable space. Built in 1970, the buildings boast 12-foot ceilings, providing ample vertical clearance for storage or various industrial uses. The property includes a large rear parking area with capacity for approximately 30 vehicles. This property is ideal for a variety of uses, benefiting from its convenient location in Broward County and its substantial size. The asking price for this turnkey industrial property is $3,500,000. The net rentable area is 12,500 square feet, distributed across the two main buildings. This presents a unique opportunity to acquire a well-positioned industrial property with significant potential for growth and return on investment.
Value Estimations
-
CAP approach
- CAP Return
- Estimation
- 6%
- $1,090,000
- 6.5%
- $1,010,000
- 7%
- $935,000
-
Comparable approach
- Method
- Estimation
- AI Estimate
- $636,000
Market price range: $374k - $1.24M
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Location Insight
- Map
- Local Demand
- City
- Oakland Park
- County
- Broward
- State
- Florida
- Longitude
- -80.135
- Latitude
- 26.1828
- CBSA code
- 33100
- CBSA name
- MIAMI-FORT LAUDERDALE-MIAMI BEACH, FL METROPOLITAN STATISTICAL AREA
