3472 NE 5th Ave , Oakland Park, FL 33334

Industrial, Sq.Ft.

The total leasable square footage is 21,385 feet sitting on a large 34,852 square feet lot. The entire property was recently vacated and presents an excellent opportunity for an owner-user or investor. The subject property can be easily leased to multiple tenants after closing creating an excellent investment opportunity. There are 10 total bays. Included in this offering are recent lease comparables confirming the average leasing rates average $14 a square foot net. When leased and stabilized this property will net $296,136 per year yielding a strong 10.58% capitalization rate. Property is zoned I1 light industrial. This property is being offered at only $130 an sqft which is well below recent sales.

Listing Summary

City: Oakland Park
Zip: 33334
Price: $2,799,000
County: Broward County
Subdivision:
Complex:
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Property Type: Commercial Sale
Status: Closed
Property Type Description: Industrial
Square Feet:
Year Built: 1961
Taxes: $30,103
Foreclosure:
Short Sale:
MLS® #: A10612637

School Information

Elementary School	Middle School	High School

Additional Features

Waterfront: No
Waterfront Description:
View:
Style:
Pets Allowed?: No
Pet Restrictions:

Flooring:
Furnished:
Construction:
Parking: Common

Interior Features:
Amenities:

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Comments

The data relating to real estate for sale on this web site comes in part from the participating Associations of the Miami Multiple Listing Service. The MLS data provided for the property above (A10612637) is provided courtesy of (RE/MAX 5 Star Realty). The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed. Data last updated on 04-28-2024. IDX powered by Realty Net Media

3472 NE 5th Ave , Oakland Park, FL 33334

Industrial, Sq.Ft.

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