519 NE 34th St, Oakland Park FL 33334
Beds
Baths
SQFT 22,003
Garage
65 Years Built
Home Details
John DeMarco with Re/Max 5 Star Realty is pleased to present the sale of a freestanding warehouse located in Oakland Park Florida. The total leasable square footage is 11,956 square feet sitting on a large 22,003 square feet lot. The entire property was recently vacated and is 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 6 total bays. Property is located in Opportunity Zone. When leased and stabilized this property will net $147,472 per year yielding a strong 8.67% capitalization rate. Property is zoned I1 light industrial. See enclosed all allowable zoning uses. This property is being offered at only $142.19 a sf which is well below recent sales.
Other Interior Features
General
Neighbourhood
Location
John DeMarco with Re/Max 5 Star Realty is pleased to present the sale of a freestanding warehouse located in Oakland Park Florida. The total leasable square footage is 11,956 square feet sitting on a large 22,003 square feet lot. The entire property was recently vacated and is 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 6 total bays. Property is located in Opportunity Zone. When leased and stabilized this property will net $147,472 per year yielding a strong 8.67% capitalization rate. Property is zoned I1 light industrial. See enclosed all allowable zoning uses. This property is being offered at only $142.19 a sf which is well below recent sales.