Flex Space
For Sale
$750,000
Pending
1810 N Dixie Hwy, Hollywood, FL 33020
Flex space building on a 7,088 sf lot, built in 1960 and currently occupied with a lease expiring February 2020.
Property Size4,700 SF
Lot Size0.16 Acres
Days on Market2496
Property Features for 1810 N Dixie Hwy
General Information
Standard status
Pending
Size
4,700 SF
Lot size
0.16 Acres
Property subtype
General Commercial
Additional Details
Asking Price
$750,000
Amenities
3
Building Details
Year Built
1960
Buildings
1
Building Size
4,700 SF
Tenancy
Single
Listing Agency:
RE/MAX 5 Star Realty
(954) 453-1000
Listed By:
John DeMarco · License #3134747
(954) 453-1000
Source:
Xome
Added: Oct 5, 2019
Changed: Jul 30
Last Checked: Jul 30 at 7:26AM
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 RE/MAX 5 Star Realty
Investment Insights
Based on property information with market context.
This flex space building offers a mix of retail and industrial functionality and totals 4,700 SF on a 7,088 SF lot. The property was built in 1960 and includes 3 guest facilities. The building is currently occupied by a legacy tenant, with the lease expiring in February 2020.
Located at 1810 N Dixie Hwy in Hollywood, FL 33020, the site provides an opportunity for a new investor or operator to position the space for the next tenant following the lease expiration.
The existing configuration supports both customer-facing and industrial use, with no pool on-site and straightforward on-site facilities already in place.
Located at 1810 N Dixie Hwy in Hollywood, FL 33020, the site provides an opportunity for a new investor or operator to position the space for the next tenant following the lease expiration.
The existing configuration supports both customer-facing and industrial use, with no pool on-site and straightforward on-site facilities already in place.
Key Highlights
- 4,700 SF flex space building
- 7,088 SF lot
- Built in 1960
Financial Insights For Retail
Simulate Cap Rate and NOI
NOI Build-Up
- 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.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $101.5k | $21.60 |
| − Vacancy | −$8.1k | −$1.73 |
| EGI | $93.4k | $19.87 |
| − OpEx | −$28.0k | −$5.96 |
| NOI | $65.4k | $13.91 |
4,700 SF · lease $21.60/SF/yr · vacancy 8.00% · expense 30.00%
Alternative Uses
Best Use
Retail
$934.0K
$817.2K – $1.09M
NOI $65,379 @ 7.0% cap · market cap 8.72%
Second Best
Flex RnD
$762.5K
$667.2K – $889.6K
NOI $53,377 @ 7.0% cap · market cap 7.12%
Theoretical Best
Office A
$1.84M
$1.61M – $2.15M
NOI $128,705 @ 7.0% cap · market cap 17.16%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Current Use
Lease Details
Single-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
4,158
Businesses Nearby
Balanced
Demand for This Use
Explore this area
Business Placement
Demographics for 33020, FL
45,044
Population
22,508
Households
2
Avg Household Size
41
Median Age
29%
College-Educated
89%
High-School Grad
6.0 sq mi
ZIP Area
7,507
Density / Sq Mi
$52,535
Median Household Income
$32,449
Median Earnings
$1,444
Median Rent
$306,700
Median Home Value
Market
Properties on Market for Flex space in Broward County
Vacancy Rate% for Industrial in South region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Similar Off Market Nearby
- SUSHI CAFE CATERING — 1310 N Dixie Hwy, Hollywood, FL 33020
- South Florida Ice Cream Trucks — 361 E Sheridan St #102, Dania Beach, FL 33004
- SSNT ICE — 1029 N 20th Ave, Hollywood, FL 33020
Frequently Asked Questions
What type of property is this?
Flex space - Flex space building on a 7,088 sf lot, built in 1960 and currently occupied with a lease expiring February 2020.
Where is this flex space located?
The property is located at 1810 N Dixie Hwy Hollywood, FL.
What is the asking price?
The asking price for this property is $750,000.
What are key features of this property?
This property features: 4,700 SF flex space building; 7,088 SF lot; Built in 1960
