B-1 Retail Building with Lot
2745 W Hillsboro Boulevard #5, Deerfield Beach, FL 33442
For Sale
Contact for pricing
Retail building on a lot fronting Hillsboro Blvd, available for sale in a B-1 zoning district.
Property Size4,968 SF
Lot Size0.34 Acres
Price / SF$0.56
Days on Market154
Property Features for 2745 W Hillsboro Boulevard #5
General Information
Standard status
Size
Lot size
Property subtype
Zoning
Additional Details
Road Access
Building Details
Year Built
Listing Agency:
Coldwell Banker
(561) 395-2233
Listed By:
Janice C Agudo · License FL #0321020
(954) 558-3251
Source:
Lehmannflorida
Added: Jun 12
Changed: Nov 12
Last Checked: Nov 12 at 8:17AM
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 Coldwell Banker
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Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
The property is a commercial retail building of approximately 5,000 square feet, positioned on a lot fronting Hillsboro Blvd with over 15,000 square feet of frontage lot area. The offering is for Unit 1 at 2745 W Hillsboro Boulevard, Deerfield Beach, FL 33442, and is presented as a straightforward retail facility suitable for an operating business or a tenant-ready conversion plan.
The site fronts Hillsboro Blvd and is located near a residential community, providing a built-in customer base for neighborhood retail and service uses that align with the local commercial retail environment.
Zoned B-1, the property can accommodate a range of retail-oriented business activities consistent with that zoning classification. With a dedicated retail building configuration and a sizable frontage lot, this asset can support retail operations that benefit from direct street visibility and access along Hillsboro Blvd. For buyers or brokers, the combination of a retail structure and a frontage lot can simplify redevelopment planning, tenant buildout coordination, or business repositioning within B-1 parameters.
The site fronts Hillsboro Blvd and is located near a residential community, providing a built-in customer base for neighborhood retail and service uses that align with the local commercial retail environment.
Zoned B-1, the property can accommodate a range of retail-oriented business activities consistent with that zoning classification. With a dedicated retail building configuration and a sizable frontage lot, this asset can support retail operations that benefit from direct street visibility and access along Hillsboro Blvd. For buyers or brokers, the combination of a retail structure and a frontage lot can simplify redevelopment planning, tenant buildout coordination, or business repositioning within B-1 parameters.
Key Highlights
- Commercial retail building on a lot fronting Hillsboro Blvd
- Approx. 5,000 sq ft retail building
- Over 15,000 sq ft lot fronting Hillsboro Blvd
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$60,337
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,206,740
$1.2M
Cap Rate 7%
$861,957
$862.0K
Cap Rate 9%
$670,411
$670.4K
Market Conditions
NOI Build-Up for 4,968 SF
Gross rent
$91.2K $18.36/SF
− Vacancy
−$5.0K −$1.01/SF
EGI
$86.2K $17.35/SF
− OpEx
−$25.9K −$5.21/SF
NOI
$60.3K $12.15/SF
Area
Broward County, FL
Vacancy
5.50%
Lease Rate
$18.36 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,206,740
Cap Rate 7%
$861,957
Cap Rate 9%
$670,411
Alternative Uses
Best Use
Retail
$862.0K
$754.2K – $1.01M
NOI $60,337 @ 7.0% cap
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$2.52M
$2.21M – $2.94M
NOI $176,433 @ 7.0% cap
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
See the owner, sales and loan history
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Current Use
Lease Details
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
1,181
Businesses Nearby
927
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 100%
Optimum
Shops & Services
927 visits/mo
0.4 miles
Demographics for 33442, FL
32,340
Population
21,595
Households
1.5
Avg Household Size
52
Median Age
32%
College-Educated
92%
High-School Grad
6.9 sq mi
ZIP Area
4,687
Density / Sq Mi
$53,413
Median Household Income
$42,035
Median Earnings
$1,952
Median Rent
$231,400
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Average Price Trend$/SF for Retail space in Broward County, FL
Properties on Market for Retail space in Broward County
Vacancy Rate% for Retail in South region
Frequently Asked Questions
What type of property is this?
Retail space - Retail building on a lot fronting Hillsboro Blvd, available for sale in a B-1 zoning district.
Where is this retail space located?
The property is located at 2745 W Hillsboro Boulevard #5 Deerfield Beach, FL.
What are key features of this property?
This property features: Commercial retail building on a lot fronting Hillsboro Blvd; Approx. 5,000 sq ft retail building; Over 15,000 sq ft lot fronting Hillsboro Blvd
