2926 Nw 17th Ter

Oakland Park, FL 33311

Commercial

Type


$1,000,000

List Price

0

Beds

0.0

Baths

  • MLS# A10596622
  • MLS# A10596622
  • MLS# A10596622
  • MLS# A10596622
  • MLS# A10596622
  • MLS# A10596622

Property Description

Oakland Park Homes for Sale. 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 2 tenants. Both tenants are under market value on a month to month basis. The property is grossing $58,200 per year, netting $47,343 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 7.2% capitalization rate at the full asking price of $1,000,000. See enclosed recent comparable closed leases. This property also works very well for an owner user requiring 4,500 sf immediately. Please remember to not disturb existing business, all showings are by appointment only.

Property Information

MLS # : A10596622
Community : N/A
Total Acres : N/A
Address : 2926 Nw 17th Ter
City : Oakland Park
Price : $ 1,000,000
Property Type : Commercial
Built In : 1975
Postal Code : 33311
County : Broward County

Property Features

Legal :
RESUB OF AMENDED PLAT OF GARDEN VILLAGE 55-14 B LOT 11 N 50 BLK 2
Pets Allowed :
No
Area :
3560
Gross taxes :
7375
Tax Year :
2018
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Similar Homes For Sale

Listing courtesy of John DeMarco , RE/MAX 5 Star Realty.

MLS # A10596622
$ 1,000,000

The Day and Jekov Group
RealStoria Level Agent
561-614-5353
sales@realstoria.com
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