Property profile

4800 51st St Davie, FL 33314

OFF-MARKET
Warehouses
Property ID
US18-1429838
43,370 SF 2.45 ac lot Built 1987
Entity Owned 26-yr Hold Absentee Owner Free & Clear
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Property summary

AI-generated overview

This exceptional 8,000-square-foot warehouse space, part of a larger 43,370-square-foot building, presents a prime sublease opportunity in Davie, Florida. Located at 4800 SW 51st St, 33314, this Class C industrial property offers immediate occupancy, available August 1st, 2024, through January 31st, 2026. The space boasts a generous 23-foot clear ceiling height, ideal for various industrial uses. Two grade-level dock high doors provide convenient loading and unloading access. The property includes approximately 2,000 square feet of office space, enhancing functionality and providing a comfortable workspace. Three-phase power is readily available, catering to power-intensive operations. The building was constructed in 1987 and is situated in Broward County. Ample surface parking is provided. This single-tenant warehouse is perfect for businesses seeking a functional and well-located space in a thriving area. Don't miss this chance to secure this exceptional sublease opportunity.

Property profile

Verified
Property type Warehouses
Use group WAREHOUSE, STORAGE
Year built 1987
Construction CONCRETE
Total area 43,370 SF
Lot 2.45 ac (106,600 SF)
Zoning code M-2
APN 50-41-36-15-0040
UPID US18-1429838

Cap rate & NOI

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

Location

4800 51st St Davie, FL 33314-5511
Davie metro Census 70102 MIAMI-FORT LAUDERDALE-MIAMI BEACH, FL METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$3.63M
Blend (final) Blend
$6.00M

Owner & transaction history

since 2000
3 recorded transactions
2000
$4.2M
1969
Price N/A
1969
Price N/A

Zoning & alternative use

M-2 · Davie, FL
Zoning description

The M-2 District is intended to implement the industrial classification of the Town of Davie Comprehensive Plan by providing for medium industrial uses which, by their inherent nature or by virtue of the materials used,…

General category INDUSTRIAL

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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