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    497 S State Road 7 Hollywood, FL 33021

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    For Sale
    $2,475,100

    Retail property with over 11 years remaining on corporate lease.

    Property size:
    9,123 SF
    Lot size:
    0.52 Acres

    Property Features for 497 S State Road 7

    General Information

    Size
    9,123 SF
    Lot size
    0.52 Acres

    Source: SRS Real Estate Partners | Fort Lauderdale Agent Patrick Nutt

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Hollywood Retail Property For Sale

    This retail property, located in Hollywood, Florida, offers 9,123 square feet of space. The property is currently under a corporate lease with over 11 years remaining. The lease includes scheduled rental increases of 10%.
    Location Intelligence

    Current Use by Public Records

    Goodyear Auto Service Tire Shop

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Hollywood
    County
    Broward
    State
    Florida
    Longitude
    -80.207498
    Latitude
    26.014352

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    FAQs

    What type of property is this?
    Retail space - Retail property with over 11 years remaining on corporate lease.
    Where is this retail space located?
    The property is located at 497 S State Road 7 Hollywood, FL.
    What is the asking price?
    The asking price for this property is $2,475,100.
    What are key features of this property?
    This property features: - Corporate lease signature for peace of mind.; - Enjoy a secure investment with 11+ years remaining on the lease.; - Benefit from scheduled 10% rental increases.
    (954) 703-3600
    Request Owner's contact information
    497 S State Road 7 Hollywood, FL 33021
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    Hollywood, FL 33021
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    497 S State Road 7 Hollywood, FL 33021
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