5365 Hiatus Rd, Unit 5377, Sunrise, FL 33351-8718
- Warehouses
- 26,455 SF
- 2.01 lot acres
Current Use by Public Records
- Warehouses
Property Details for 5365 Hiatus Rd
- Year built
- 1987
- Construction
- CONCRETE
- Lot size
- 2.01 lot acres
- Zone code
- I-1
- Property type
- Warehouses
- APN
- 49-41-18-39-0010
- APU
- 494118390010
Sales History
| Date | Price | Buyer | Seller | Deed Type | Mortgage |
|---|---|---|---|---|---|
| Nov 7, 2019 | — | Az Real Estate Dev LLC | — | Deed · related | $1.5M · Ocean Bk |
| Nov 27, 2013 | $1,416,294 | Az Real Estate Dev LLC | Hiatus Sunrise I LLC | Grant Deed | — |
| Sep 13, 2012 | $1,376,800 | Hiatus Sunrise I LLC | 5365 LLC Coc | Trustees Deed · related | — |
| Aug 16, 2007 | $3,500,000 | 5365 LLC | Ariana Properties INC | Warranty Deed | $2.4M · Intervest National Bank |
| — | — | Az Real Estate Dev LLC | — | Deed Of Trust · related | $1.5M · Ocean Bk |
| — | — | Az Real Estate Dev LLC | — | Loan Modification · related | $1.5M · Ocean Bk |
Description
This exceptional industrial space, located at 5365 N Hiatus Rd Unit 5371 in Sunrise, Florida, offers a unique short-term lease opportunity extending through April 2025. The property boasts a generous 6,500+ square feet, primarily dedicated to warehouse space, as detailed in the available floor plan. The high ceilings, measuring 19 feet, provide ample vertical storage capacity. A key feature is the inclusion of a dock-high door, facilitating efficient loading and unloading operations. Situated within the Sunrise Commerce Park, this unit benefits from excellent visibility and accessibility, enjoying direct frontage on Hiatus Road and proximity to Commercial Boulevard. The strategic location ensures seamless connectivity to major transportation arteries, including the Sawgrass Expressway, I-595, I-75, and the Florida Turnpike, simplifying logistics and distribution. The property sits on a 2.01-acre lot. This presents a compelling opportunity for businesses seeking a well-located, functional warehouse space with convenient access to key transportation routes for a defined period. The lease term is short-term, making it ideal for businesses with temporary space needs.
Value Estimations
-
CAP approach
- CAP Return
- Estimation
- 6%
- $7,325,000
- 6.5%
- $6,760,000
- 7%
- $6,280,000
-
Comparable approach
- Method
- Estimation
- Statistic Estimate
- $5,163,000
- AI Estimate
- $3,660,000
Market price range: $5.16M - $8.75MMarket price range: $2.62M - $6.92M -
Alternative Use
- Use
- Estimation
- WAREHOUSE, STORAGE
- $6,055,000 Current use
Get a detailed, property-specific estimation — fast and free
Location Insight
- Map
- Local Demand
- City
- Sunrise
- County
- Broward
- State
- Florida
- Longitude
- -80.2888
- Latitude
- 26.191
- CBSA code
- 33100
- CBSA name
- MIAMI-FORT LAUDERDALE-MIAMI BEACH, FL METROPOLITAN STATISTICAL AREA
