Lauderhill, Florida, offers a unique opportunity for investors to capitalize on the growing demand for industrial properties. With its strategic location in the Miami metropolitan area, Lauderhill provides easy access to major transportation hubs, making it an ideal location for businesses looking to expand their operations. Industrial properties in Lauderhill can represent a range of investments, from warehouses and manufacturing facilities to distribution centers and logistics hubs. The city's diverse economy, which includes a mix of recreational, sports, and community-oriented businesses, provides a stable foundation for industrial development. Lauderhill's amenities, such as the Central Broward Park and the Inverrary Country Club, also make it an attractive location for businesses and employees alike. Additionally, the city's tropical climate and proximity to major cities like Fort Lauderdale and Miami make it an attractive location for companies looking to establish a presence in South Florida. The University of Fort Lauderdale, located in the city, also provides a skilled workforce for businesses to tap into.
With 5 industrial properties currently available for sale in Lauderhill, investors have a range of options to choose from. The average price per square foot for industrial properties in Lauderhill is $346 USD, with an average size of 28,243 square feet. The largest industrial property available for sale in Lauderhill is 76,209 square feet. In addition to industrial properties, Lauderhill also offers a range of other commercial properties, including warehouses, land, apartment buildings, and commercial real estate. Warehouses in Lauderhill offer a range of storage and distribution options, while land provides opportunities for development and expansion. Apartment buildings in Lauderhill offer a range of residential options, while commercial real estate provides opportunities for businesses to establish a presence in the city. Overall, Lauderhill's diverse range of commercial properties makes it an attractive location for businesses and investors looking to establish a presence in South Florida.
What is the average price per square foot for industrial properties in Lauderhill?
The average price per square foot for industrial properties in Lauderhill is $346 USD, with 5 available listings, offering a range of options for investors and businesses looking to establish a presence in this city, which is strategically located near major transportation hubs and amenities.
How do location and transportation access affect industrial property values?
Location and transportation access play a significant role in determining industrial property values in Lauderhill, Florida, as they impact the ease of doing business, accessibility, and connectivity to major markets and transportation hubs.
- Proximity to major roads such as University Drive and Oakland Park Boulevard, which connect Lauderhill to nearby cities like Fort Lauderdale, Plantation, Sunrise, Tamarac, and Lauderdale Lakes, can increase industrial property values due to improved accessibility and reduced transportation costs.
- The lack of train stations or airports within Lauderhill's boundaries may affect industrial property values, as businesses may need to rely on nearby transportation infrastructure, which could increase logistics costs and impact operational efficiency.
- However, the city's strategic location within the Miami metropolitan area, which is a major economic hub, can offset some of the transportation limitations, making Lauderhill an attractive location for industrial properties, with 5 available listings, averaging $346 USD per square foot, and ranging in size from 28,243 square feet to 76,209 square feet, with an average cap rate of 7.22%.
