High-Visibility Commercial
For Sale
Contact for pricing
1212 NE 26 St, Wilton Manors, FL 33305
Commercial lot with direct access at the Five Points intersection near NE 26th St and 13th Ave.
Property Size3,956 SF
Lot Size0.52 Acres
Price / SF$505.56
Days on Market853
Property Features for 1212 NE 26 St
General Information
Standard status
Active
Size
3,956 SF
Lot size
0.52 Acres
Property subtype
RETAIL
Additional Details
Road Access
Yes
Listing Agency:
CMV Realty LLC
Listed By:
Gus Martinez · License #3033300
(954) 394-7078
Source:
Moodyscre
Added: May 15, 2024
Changed: Sep 6
Last Checked: Sep 13 at 11:17AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of CMV Realty LLC
Investment Insights
Based on property information with market context.
This high-visibility commercial lot offers a large parcel suitable for a range of development plans. The property listing includes approximately 4,000 square feet of building size (±) and an overall lot size of 22,859 square feet.
The site is conveniently located at the Five Points intersection with access to 26th Street and 13th Avenue, supporting retail-oriented concepts and other non-residential or mixed development uses described in the listing materials.
The property is presented for sale, with consideration for leasing or purchase as part of prospective development or commercial occupancy plans.
The site is conveniently located at the Five Points intersection with access to 26th Street and 13th Avenue, supporting retail-oriented concepts and other non-residential or mixed development uses described in the listing materials.
The property is presented for sale, with consideration for leasing or purchase as part of prospective development or commercial occupancy plans.
Key Highlights
- +/- 4,000 SF building size on a commercial lot (22,859 SF lot size)
- Direct access to the Five Points intersection
- Conveniently located at the Five Points intersection near NE 26th St and 13th Ave
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$66,893
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
3.34%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$1,337,860
$1.3M
Cap Rate 7%
$955,614
$955.6K
Cap Rate 9%
$743,256
$743.3K
Market Conditions
NOI Build-Up for 3,956 SF
Vacancy — income lost from leasable area expected to sit empty during the year, subtracted from gross rent.
EGI (Effective Gross Income) — gross rent minus vacancy losses, the realistic income before paying operating costs.
OpEx (Operating Expenses) — recurring costs to operate the property (property tax, insurance, utilities, maintenance, management); excludes financing and capital improvements.
NOI (Net Operating Income) — income a property generates after operating costs but before financing and taxes.
Gross rent
$104.4K $26.40/SF
− Vacancy
−$8.9K −$2.24/SF
EGI
$95.6K $24.16/SF
− OpEx
−$28.7K −$7.25/SF
NOI
$66.9K $16.91/SF
Area
Broward County, FL
Vacancy
8.50%
Lease Rate
$26.40 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$1,337,860
Cap Rate 7%
$955,614
Cap Rate 9%
$743,256
Alternative Uses
Best Use
Retail
$955.6K
$836.2K – $1.11M
NOI $66,893 @ 7.0% cap · market cap 3.34%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$2.01M
$1.76M – $2.34M
NOI $140,493 @ 7.0% cap · market cap 7.02%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Open Analytics
Current Use
Lease Details
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
2,971
Businesses Nearby
225k
Monthly Visits Nearby
Balanced
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Dining 42%
Shops & Services 28%
Apparel 18%
Beauty & Spa 8%
Chick-fil-A
Dining
44,956 visits/mo
0.4 miles
DICK'S Sporting Goods
Apparel
25,420 visits/mo
0.5 miles
Barnes & Noble
Shops & Services
21,655 visits/mo
0.5 miles
McDonald's
Dining
17,215 visits/mo
0.4 miles
Burlington
Apparel
15,421 visits/mo
0.3 miles
Demographics for 33305, FL
12,044
Population
8,285
Households
1.5
Avg Household Size
52
Median Age
54%
College-Educated
96%
High-School Grad
2.2 sq mi
ZIP Area
5,475
Density / Sq Mi
$89,944
Median Household Income
$60,924
Median Earnings
$1,850
Median Rent
$558,200
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Retail in South region
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Frequently Asked Questions
What type of property is this?
Storefront property - Commercial lot with direct access at the Five Points intersection near NE 26th St and 13th Ave.
Where is this storefront property located?
The property is located at 1212 NE 26 St Wilton Manors, FL.
What is the asking price?
The asking price for this property is $2,000,000.
What are key features of this property?
This property features: +/- 4,000 SF building size on a commercial lot (22,859 SF lot size); Direct access to the Five Points intersection; Conveniently located at the Five Points intersection near NE 26th St and 13th Ave
