Basic Information
- MLS # A10612637
- Type Industrial
- Status Closed
- Year Built 1961
- Total Size 34,852 Sq.Ft / 0.80 Acre
- Date Listed 02/05/2019
- Days on Market 686
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.
Amenities
Exterior Features
- Waterfront No
- Parking Spaces 0
- Pool No
- Parking Description Common
- Style Industrial
Interior Features
- Adjusted Sqft 0.80 AcreSq.Ft
- Sqft 0.80 Acre Sq.Ft
Property Features
- Address 3472 NE 5th Ave
- Aprox. Lot Size 34,852
- Furnished Info no
- Subdivision Complex
- Subdivision Info
- Tax Amount $30,103
- Tax Legal desc OAKLAND PARK SECOND ADD 1-39 B LOT 1 LESS W 4.08 ML FOR CO RD, 2,3,28,29,30 LESS W 3.65 ML FOR CO RD BLK 77
- Tax Year 2018
- Type of Property Industrial
3472 NE 5th Ave
Oakland Park, FL 33334Similar Properties For Sale
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The multiple listing information is provided by the Miami Association of Realtors® from a copyrighted compilation of listings. The compilation of listings and each individual listing are ©2023-present Miami Association of Realtors®. All Rights Reserved. The information provided is for consumers' personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified. Listing courtesy of: REMAX 5 Star Realty. tel: 954-361-0000
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