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PinnacleTCRE

1601 NW 38th Avenue, Lauderhill, FL 33311 (MLS# F10364573)

1601 NW 38th Avenue, Lauderhill, FL 33311

$4,750,000
Property Type: Commercial Sale Status: Active
Current Price: $4,750,000 List Date: 1/20/2023 Last Modified: 3/23/2026

Overview

Description

Freestanding 24,850 SqFt Industrial building .The property is situated on a total of 1.6 Acre with immediate income as the property is 100% leased with diverse tenants (9 bays ) long term tenants some over 10 years .opportunity for a new owner to raise rents to market value (currently rents are below market value) making this investment prime for increased ROI . Building clear ceiling 14' .The property, value-add, industrial flex warehouse located in Lauderhill "industrial park " , on a strategic corner across from UPS ,this property is in an outstanding location for industrial uses and can be a strategic asset to own.

Supplements: Freestanding 24,850 SqFt Industrial building .The property is situated on a total of 1.6 Acre with immediate income as the property is 100% leased with diverse tenants (9 bays ) long term tenants some over 10 years .opportunity for a new owner to raise rents to market value (currently rents are below market value) making this investment prime for ...

Listing Details MLS# F10364573

General Property Information

Property Sub Type
Industrial
Occupant Type
Tenant
Year Built
1977
Lot Size Area
61655
Lot Size Acres
1.6

Property Features

Building Features: Private Restroom(s) Business Type: Manufacturing Documents Available: Rent Rolls Electric: Three Phase Heating: Central Individual Location of Property: Commerce Park; Industrial Park Parking Features: Common Property Condition: Resale Sale Includes: Land Construction Materials: CBS Cooling: Central Individual Listing Terms: Cash; Other Security Features: Fire Alarm; Smoke Detector(s) Sewer: Public Sewer Water Source: Public Showing Requirements: See Remarks

Contract Information

Comp Sale YN
No
Original List Price
5467000

Location and Legal

Country
United States
County Or Parish
Broward
County Parish Name
Broward
Street Number
1601
Street Direction Prefix
NW
Street Name
38th
Street Suffix
Avenue
City Name
Lauderhill
State Or Province
FL
Postal Code
33311
Postal Code +4
4116
Area
3560
Geographic Area
FTNW - Ft Ldale NW(3390-3400;3460;3540-3560;3720;3810)
Parcel Number
494231240021
Zoning
CW
Directions
USE GPS

Financial Information

Tax Annual Amount
48648
Tax Year
2021
Tax Assessed/SOH Value
1583280
Tax Legal Description
INDUSTRIAL 100 UNIT 2 85-2 B PORTION OF TR D DESC AS COMM SW COR OF TR B OF INDUSTRIAL 100 UNIT ONE-PB-85-3-B,ELY 40 TO POB,CONT ELY 255,SLY
Assessor Market Value
1583280

Status Change Information

Major Change Timestamp
2026-01-01T06:00:00Z
Major Change Type
Status Change
Price Change Timestamp
2024-09-17T14:28:56Z
Status Change Date
2023-01-20

More Information

Auction Terms

Online
Yes

Building and Property Details

# Of Bays
9
# Of Tenants
8

Meter Information

Number Of Meters Total
9

Short Sale Details

Short Sale Addendum
No

Income and Expenses

Gross Income
337685
Net Operating Income
233543
Other Expense
104142
Occupancy Percentage
100

Section Details

Parcel Number MLX
0021

Originating Details

Originating System Key
562868269
Originating System ID
M00000170

Currently Not Used

Ownership Type
Corporation

Office/Member Information

DXORIGMLSID
FLL

Electric

Three Phase
Yes

Parking Features

Common
Yes

Property Condition

Resale
Yes

Documents Available

Rent Rolls
Yes

Location of Property

Commerce Park
Yes
Industrial Park
Yes

Sewer

Public Sewer
Yes

Building Features

Private Restroom(s)
Yes

Business Type

Manufacturing
Yes

Heating

Central Individual
Yes

Sale Includes

Land
Yes

Construction Materials

CBS
Yes

Listing Terms

Cash
Yes
Other
Yes

Security Features

Fire Alarm
Yes
Smoke Detector(s)
Yes

Water Source

Public
Yes

Cooling

Central Individual
Yes

Showing Requirements

See Remarks
Yes
IDX
Listing Office: Cohen Realty Group
Last Updated: March - 23 - 2026
This information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market. Copyright 2026 Beaches Multiple Listing Service, Inc. All rights reserved. Information Not Guaranteed and Must Be Confirmed by End User. Site contains live data.

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