For Sale
$2,300,000

1030 43Rd Ct Oakland Park, FL 33334

9,000 SF Warehouse, Vacant, High ROI

Overview

Added:
Dec 11, 2024
Days on market:
136
This exceptional 9,000 square foot industrial warehouse, located in Oakland Park, Florida's Central Business District at 1030 NE 43rd Ct, 33334, presents a compelling investment opportunity. Currently vacant, this Class B property offers significant potential for owner-users or investors seeking a high return. Built in 1970 and extensively renovated in 2020, the property boasts a 12-foot ceiling height, two loading docks with two dock-high doors, and two bathrooms. A 1200 square foot air-conditioned office/conference room adds versatility. The 2020 renovations included a new electrical panel and roof resurfacing. A 40-year concrete and structural re-certification was completed in 2023, ensuring structural integrity. The property sits on a single story building and is zoned 48-01 Warehousing, ideal for distribution, manufacturing, or warehousing operations. Its prime location offers easy access to I-95, providing convenient access to Miami and Fort Lauderdale. With a 7% cap rate and a 9,000 square foot net rentable area, this property represents a strong investment in a rapidly developing area. The asking price is $2,300,000. The property is currently vacant with an occupancy date of February 1, 2025.

Highlights

  • Two tenants with expiring leases; discretion advised.
  • Centrally located Oakland Park, FL warehouse in the CBD.
  • Benefiting from ongoing city revitalization, driving property value appreciation.
  • Versatile space suitable for warehousing, light industrial, or office use.
  • Class B property, renovated in 2020.
  • Zoned 48-01 for warehousing; rezoning possible with city approval.

Property Details for 1030 43Rd Ct

Property type
Specialty properties, Mixed-use properties
Square Feet
9,000 SF
Class
B
Year Built/Renovated
1970/2020
Buildings
1
Stories
1
Units
2

Location Insight

City
Oakland Park
County
Broward
State
Florida
Latitude
26.180076833978
Longitude
-80.133387535004

FAQs

What type of property is this?
Specialty property - 9,000 SF Warehouse, Vacant, High ROI
Where is the specialty property located?
The property is located at 1030 43Rd Ct Oakland Park, FL.
What is the asking price?
The asking price for this property is $2,300,000.
What are key features of this property?
This property features: Two tenants with expiring leases; discretion advised.; Centrally located Oakland Park, FL warehouse in the CBD.; Benefiting from ongoing city revitalization, driving property value appreciation.
How can I contact the broker?
We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.
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1030 43Rd Ct
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