Map of Property

Oakland Park Small Bay Industrial

For Sale

530-536 & 548 NE 32nd St, Oakland Park, FL 33334

This Oakland Park property for sale is located at 530-536 & 548 NE 32nd St. The current listed sale price for Oakland Park Small Bay Industrial is $1,950,000. Oakland Park Small Bay Industrial is situated on a lot that is 0.39 acre in size.

Contacts

broker

LEVEL Realty

Level Realty

(954) 372-7280

Property Details

  • Property Type Industrial - Warehouse/Distribution
  • Property Size 8,984 SF
  • Units 5
  • Lot Size 0.39 Acre
  • Property Tenancy Single Tenant
  • Year Built 1959
  • Date Updated Apr 29, 2024
  • Office Area 150 SF
  • HVAC None
The property is located in the heart of the Oakland Park Industrial District. This site is just one block north of E Oakland Park Blvd., five blocks from Dixie highway and less than two miles to I-95 and US-1. The surrounding area is vibrant, with notable landmarks like Oakland Park's Downtown Core and Central Business District. Over the next two years, 1,000 new residential units will be delivered within a one-mile radius, promising a steadily increasing customer base.Fantastic investment or owner-user opportunity in the heart of Oakland Park's Industrial district! This gem offers 5 bays, totaling 8,984 SF, set on 17,111 SF lot (0.39 AC) with B-3 zoning. Current leases are under market value, with all expiring by year-end. Elevate rental rates to market standards, unlocking a lucrative 6.75% CAP rate as per proforma projections. Don't miss your chance to capitalize on this prime small bay warehouse!Approximately 1,600 SF small bay warehouse immediately available for lease. It features a small office and grade level roll-up door. 4 parking spaces included (tandem parking). Zoning code is B-3 allowing for a plethora of different users. Don't miss your chance to make this prime small bay warehouse your own! Reach out to William Bonomo (954) 372-7280 to schedule a tour today!

Want more info on this listing?

Reach out to the broker for more info on lease terms and amenities

Highlights

  • Pricing Guidance $1,950,000
  • Proforma Cap Rate 6.75%
  • Actual Cap Rate 6.20%
  • Lot Size 17,111 FT
  • Building Size 8,984
  • Units 5
  • Zoning B-3
  • Heart of Oakland Park’s Industrial District
  • Close proximity to I-95

Attachments

Getting around

  • 89/100

    Walk Score ®

  • 38/100

    Transit Score ®

  • 67/100

    Bike Score ®

Powered by Walk Score ®

Location

  • City Oakland Park, FL
  • Neighborhood Harlem McBride
  • Zip Code 33334
  • Market Fort Lauderdale

Points of Interest

  • Cypress Creek

    2.43 miles

  • Fort Lauderdale

    3.03 miles

  • Esplanade Park

    3.34 miles

  • River House

    3.45 miles

  • Fort Lauderdale

    3.77 miles

  • Pompano Beach

    7.27 miles

  • Fort Lauderdale Airport

    7.49 miles

  • Sheridan Street

    9.53 miles

  • Speedway

    0.43 miles

  • 7-Eleven

    0.45 miles

  • Mobil

    0.95 miles

  • Mobil

    0.95 miles

  • Chevron

    0.96 miles

  • Marathon

    1.42 miles

  • Marathon

    1.52 miles

  • Speedway

    1.58 miles

  • Chevron

    1.68 miles

  • Shell

    1.72 miles

  • Hertz

    2.09 miles

  • SIXT

    2.15 miles

  • BP

    2.22 miles

  • SIXT

    4.65 miles

  • Sunshine Rent-A-Car

    5.19 miles

  • Sixt rent a car

    5.49 miles

  • fox rent card

    5.61 miles

  • Rent Max Car Rental

    5.62 miles

  • easirent

    5.76 miles

  • Aqua Car Wash

    5.93 miles

  • Checkers

    0.09 miles

  • McDonald's

    0.57 miles

  • Thai Me Up

    0.68 miles

  • Dunkin'

    0.69 miles

  • Rosie's Bar and Grill

    0.69 miles

  • Chopstix

    0.69 miles

  • Dolce Salato Pizza and Gelato

    0.71 miles

  • Hamburger Mary's

    0.73 miles

  • Sushi Song

    0.74 miles

  • New York Grilled Cheese

    0.75 miles

In-Depth Research Available for this Property

Access more in-depth information about this property — including ownership, tenant details, property characteristics and transaction history, along with local market insights and much more — on CommercialEdge.

Contact Listing Broker

broker

LEVEL Realty

Level Realty

(954) 372-7280