841 44th St Oakland Park, FL 33334-3130
This exceptional investment opportunity presents a portfolio of nine warehouse units totaling 45,000 square feet, situated on five parcels encompassing 2.6 acres in Oakland Park, Florida. The property boasts a prime location on two major roads, Dixie Highway and Prospect Road, offering over 200 feet of frontage on each, with 260 feet on Dixie and 210 feet on Prospect. This high-visibility location benefits from an average daily traffic count exceeding 44,500 vehicles. The warehouse complex, built in 1969 and zoned B-3, provides convenient access to Interstate 95 (1.4 miles from Commercial Blvd. and 2.4 miles from Oakland Park Blvd.), ensuring seamless transportation. The gross lease structure and multi-tenant occupancy offer a stable income stream. The property's address is split between 841 NE 44th Street and 859 NE 44th St, Oakland Park, FL 33334, with APNs 494214000451 and 494214150023. This is a rare chance to acquire a well-positioned, multi-unit warehouse complex in a high-traffic area with significant development potential. The asking price is $12,000,000.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
B-3 · Oakland Park, FLOakland Park. Always verify with local authorities before improvements.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.