Basic Information

  • MLS # A10596622
  • Type Industrial
  • Status Closed
  • Year Built 1975
  • Total Sqft 6,374
  • Date Listed 01/09/2019
  • Days on Market 540
Description

This building consists of 4,500 square feet located is rapidly appreciating Oakland Park Florida. Liberal I-1 Industrial zoning allows most industrial uses. This building is occupied by 1 tenant. The property is grossing $54,000 per year, netting $43,143 per year. A new investor can re-tenant this property after closing to market rates of $16 a foot net. This Pro-forma NOI will provide an investor with a strong 9.47% capitalization rate at the full asking price of $760,000. See enclosed recent comparable closed leases. Please remember to not disturb existing business, all showings are by appointment only.

Amenities

Exterior Features

  • Waterfront No
  • Parking Spaces 0
  • Pool No
  • Parking Description
  • Style Industrial

Interior Features

  • Adjusted Sqft 6,374Sq.Ft
  • Sqft 6,374 Sq.Ft

Property Features

  • Address 2926 NW 17th Ter
  • Aprox. Lot Size 6,374
  • Furnished Info no
  • Subdivision Complex
  • Subdivision Info
  • Tax Amount $7,375
  • Tax Legal desc RESUB OF AMENDED PLAT OF GARDEN VILLAGE 55-14 B LOT 11 N 50 BLK 2
  • Tax Year 2018
  • Type of Property Industrial

2926 NW 17th Ter

Oakland Park, FL 33311

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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: RE/MAX 5 Star Realty. tel: 954-361-0000

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