Map of Property

Oakland Park Small Bay Industrial

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

  • For Sale $1,950,000
  • 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 16, 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!

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Attachments

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

Contacts

broker

LEVEL Realty

Level Realty

(954) 372-7280

Location

Getting Around

  • Walk Score ®

    89/100 Very Walkable

  • Transit Score ®

    38/100 Some Transit

  • Bike Score ®

    67/100 Bikeable
Powered by Walk Score ®
  • 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

  • DRV PNK Stadium Parking Lots

    2.28 miles

  • Parking at Galt Villas

    2.49 miles

  • CVS

    2.49 miles

  • Galleria

    2.62 miles

  • South Ocean Lot

    3.04 miles

  • USCIS Parking Garage

    3.15 miles

  • Sebastian Lot

    3.67 miles

  • Sebastian Lot (Handicap only)

    3.70 miles

  • Las Olas Intracoastal (E lot)

    3.76 miles

  • South Side (E lot)

    3.88 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

  • Sprouts Farmers Market

    0.18 miles

  • Publix

    0.64 miles

  • Publix

    1.37 miles

  • Marshalls

    1.44 miles

  • Safeway

    1.47 miles

  • Ross

    1.51 miles

  • Coral Ridge Mall

    1.52 miles

  • Target

    1.53 miles

  • Ross

    1.56 miles

  • Whole Foods Market

    1.67 miles

  • Walgreens

    0.39 miles

  • Oakland Park Fire Department Department Fire Station 9

    0.51 miles

  • FD Station 9

    0.52 miles

  • Oakland Park Fire Prevention

    0.66 miles

  • Fire Station Number 16

    0.76 miles

  • Fort Lauderdale Fire / Rescue Station 16

    0.76 miles

  • Wilton Manors Police Station

    0.94 miles

  • Walgreens

    1.00 miles

  • Walgreens

    1.53 miles

  • Walgreens

    1.54 miles

Frequently Asked Questions

What is the lease rate for Oakland Park Small Bay Industrial?

Rental asking rate at Oakland Park Small Bay Industrial is $975,000.00/YR.

What is the total square footage of Oakland Park Small Bay Industrial?

Oakland Park Small Bay Industrial totals 8,984 square feet.

When was this property built?

Oakland Park Small Bay Industrial was built in 1959.

Looking for more in-depth information on this property?

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Contact Listing Broker

broker

LEVEL Realty

Level Realty

(954) 372-7280