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Property profile & analytics
OFF-MARKET Estimated value $5,195,000
Warehouses

5365 Hiatus Rd 5377 Sunrise, FL 33351-8718

26,455 SF 2.01 ac lot Built 1987
Entity Owned 12-yr Hold Absentee Owner Free & Clear
Property ID
US18-5147561
Property summary
AI-generated overview

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.

Property profile
Verified
Property type Warehouses
Use group WAREHOUSE, STORAGE
Year built 1987
Construction CONCRETE
Total area 26,455 SF
Lot 2.01 ac (87,647 SF)
Zoning code I-1
APN 49-41-18-39-0010
UPID US18-5147561
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
$6.76M
Comparable Approach Comparable
$5.16M
Blend (final) Blend
$5.20M
Owner & transaction history
Az Real Estate Dev LLC · 12 yrs held
Az Real Estate Dev LLC
since 2013
6 recorded transactions
2019
Price N/A
2013
$1.4M
2012
$1.4M
2007
$3.5M
1969
Price N/A
1969
Price N/A
Zoning & alternative use
I-1 · Sunrise, FL
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description

The District is intended primarily for the manufacture, processing and assembly of articles and nonobjection able products not involving the use of any materials, processes or machinery

Zone name Light Industrial
General category INDUSTRIAL
Zone area 1,147.16 ac
Source Realmo
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