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
Supplements: ... (Read more) 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.
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
Listing Office:
Cohen Realty Group
Last Updated: March - 23 - 2026
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