Property profile

4751 10th Ave Oakland Park, FL 33334

OFF-MARKET
Warehouses
Property ID
US18-0157630
4,040 SF 0.48 ac lot Built 1984
Individually Owned 6-yr Hold ~ Est. High Equity
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Property summary

AI-generated overview

This exceptional Oakland Park, FL commercial property, located at 4751 NE 10th Avenue, offers flexible office space ideal for various business needs. Situated in a prime location just east of Dixie Highway and south of Commercial Boulevard, it provides convenient access to I-95. The property is zoned I-1, permitting light manufacturing, assembly, processing, warehousing, and distribution. Two distinct options are available: a 1,200 sq ft building with a 4,500 sq ft yard leasing for $4,500 per month, or an 800 sq ft building accompanied by a 2,000 sq ft yard for $3,500 per month. For businesses requiring more space, both buildings can be leased together, totaling 2,000 sq ft of building space and 6,500 sq ft of yard space at a discounted monthly rate of $8,000. This versatile property is perfect for businesses seeking storage, distribution, or light industrial applications. The property's APN is 494214390030. The lot size is not specified. This single-tenant office building presents a unique opportunity in a thriving commercial area. The property is located in Oakland Park, Florida, zip code 33334.

Property profile

Verified
Property type Warehouses
Use group WAREHOUSE, STORAGE
Year built 1984
Construction CONCRETE
Total area 4,040 SF
Lot 0.48 ac (21,000 SF)
Zoning code I-1
APN 49-42-14-39-0030
UPID US18-0157630

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Roofing Company General Contractor
  • Consultant

Location

4751 10th Ave Oakland Park, FL 33334-3955
Oakland Park metro Census 50501 MIAMI-FORT LAUDERDALE-MIAMI BEACH, FL METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$1.33M
CAP Approach CAP
$1.03M
Comparable Approach Comparable
$738k
Blend (final) Blend
$955k

Owner & transaction history

since 2020
Last sale
$675,000
4 recorded transactions
2020
Price N/A
2005
$675,000
1969
Price N/A
1969
Price N/A

Zoning & alternative use

I-1 · Oakland Park, FL
Zoning description

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 ca…

General category INDUSTRIAL
Top alternative use upside
Office building $1.6M +4.2%

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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