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3370 NE 5th Ave Oakland Park, FL 33334
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Key Details
Sold Price $800,000
Property Type Commercial
Listing Status Sold
Purchase Type For Sale
MLS Listing ID A10507736
Sold Date 09/12/18
Style Detached
HOA Y/N No
Year Built 1966
Annual Tax Amount $9,172
Tax Year 2017
Lot Size 0.300 Acres
Property Description
This unique industrial property is well situated on a large, remote gate operated, self contained private lot complete with an 8 foot tall concrete perimeter fence. The physical building features a detached class A front office / reception area, the balance of the property contains a warehouse with 18' ceilings, four motorized street level roll up doors, a parts or supply room, and an additional mezzanine loft with bathroom which can be used for storage or managers apartment. Zoned I-1 light industrial allows most industrial uses. Full alarms systems and camera systems in place. This property works well for any investor. It can be leased for $12 a foot net providing an investor with a strong 7.27% pro-form capitalization rate. Please remember to not disturb existing business.
Location
State FL
County Broward County
Area 3450
Building
Architectural Style Detached
Others
Tax ID 494223055540
Financing Conventional
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Bought with RE/MAX 5 Star Realty