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    Plantation Retail Shopping Plaza ForSale Title is generated by Realmo AI

    1806-1856 N Pine Island Rd, Plantation, FL 33322

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    Retail shopping plaza in Plantation, Florida, for sale.

    Type:Retail
    Property size:
    13,622 SF
    Price / SF:
    $293/SF
    Added:
    Feb 5, 2025
    Days on Market:
    514
    Last Refresh:
    Mar 16 at 1:09 pm

    Property Features for 1806-1856 N Pine Island Rd

    General Information

    Standard status
    Active
    Size
    13,622 SF
    Property subtype
    Retail

    Building Details

    Year Built
    1981

    We can help!

    Contact an agent
    Gus Martinez PA
    Gus Martinez PA

    Listing office CMV Realty LLC

    Listing date Feb 5, 2025

    Source Crexi

    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

    HighLights

    • High‑traffic location in Plantation, Florida.
    • Significant upside potential for investors.
    • Well‑positioned retail shopping plaza.
    • Excellent visibility.
    • Easy access to major roadways.
    • Situated in a diverse and growing community.

    Overview

    This retail shopping plaza is located in Plantation, Florida. The property, situated in a high-traffic area, benefits from excellent visibility and easy access to major roadways. The plaza is surrounded by a diverse and growing community. The property size is 13622 square feet.

    Local 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 $359.6k $26.40
    − Vacancy −$30.6k −$2.24
    EGI $329.1k $24.16
    − OpEx −$98.7k −$7.25
    NOI $230.3k $16.91
    13,622 SF · lease $26.40/SF/yr · vacancy 8.50% · expense 30.00%

    Alternative Uses

    Best Use
    Retail
    $3.29M
    $2.88M – $3.84M (±1% cap)
    NOI $230,337 @ 7.0% cap · market cap 5.76%
    Second Best
    —
    —
    no second resolved use
    Theoretical Best
    Office A
    $6.91M
    $6.05M – $8.06M (±1% cap)
    NOI $483,771 @ 7.0% cap · market cap 12.09%
    Zoning and permitted uses should be independently verified with local authorities.
    Location Intelligence

    Current Use by Public Records

    Shopping centers

    Suggested Use

    Building Supply Restaurant Auto Repair Shop Big Box & Wholesale Store Hotel & Motel Auto Parts Store Gym & Fitness Center Department Store Storage Facility Spa & Massage Center

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

    Similar Places Nearby

    • Broadway Mall — W Sunrise Blvd, Plantation, FL 33322
    • Sawgrass Mills — 1701 N University Dr, Plantation, FL 33322
    • Jacaranda Plaza — Plantation, FL 33322
    • Plantation Square Plaza — 1834 N University Dr, Fort Lauderdale, FL 33322
    • Jacaranda Square — 1801 N Pine Island Rd, Plantation, FL 33322

    Location Insight

    • Map
    • Local Demand
    City
    Plantation
    County
    Broward
    State
    Florida
    Longitude
    -80.2679474
    Latitude
    26.1476853

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    FAQs

    What type of property is this?
    Shopping center - Retail shopping plaza in Plantation, Florida, for sale.
    Where is this shopping center located?
    The property is located at 1806-1856 N Pine Island Rd Plantation, FL.
    What is the asking price?
    The asking price for this property is $4,000,000.
    What are key features of this property?
    This property features: High‑traffic location in Plantation, Florida.; Significant upside potential for investors.; Well‑positioned retail shopping plaza.
    We can help!
    Contact for Pricing
    Please call us for current price
    and status of this listing Gus Martinez PA
    Gus Martinez PA
    Real Estate License ID: 3033300
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