Strip Mall Retail
For Sale
Contact for pricing
2745 W Hillsboro Blvd 5, Deerfield Beach, FL 33442
Commercial retail building on a large lot, zoned B-1 for neighborhood-oriented retail uses.
Property Size4,968 SF
Days on Market93
Property Features for 2745 W Hillsboro Blvd 5
General Information
Standard status
Active
Size
4,968 SF
Property subtype
Commercial
Zoning
B-1
Taxes and HOA fees
Annual Taxes
$27,938
Building Details
Building Size
4,968 SF
Year Built
1990
Stories
1
Listing Agency:
Coldwell Banker
Listed By:
Janice Agudo · License #0321020
(954) 558-3251
Source:
Elliman
Added: Jul 29
Changed: Oct 11
Last Checked: Oct 28 at 9:27AM
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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Investment Insights
Based on property information with market context.
This strip mall retail building sits on an over 15,000 SF lot and offers approximately 5,000 SF of commercial retail space. The property is positioned for businesses seeking a B-1 zoning designation and an established retail footprint.
Located at 2745 W Hillsboro Blvd in Deerfield Beach, FL 33442, the building is in a high-traffic area nearby a residential community. Development timing dates to 1990.
BikeScore is 46 (Somewhat Bikeable), WalkScore is 38 (Car-Dependent), and transitScore is 25 (Some Transit).
Located at 2745 W Hillsboro Blvd in Deerfield Beach, FL 33442, the building is in a high-traffic area nearby a residential community. Development timing dates to 1990.
BikeScore is 46 (Somewhat Bikeable), WalkScore is 38 (Car-Dependent), and transitScore is 25 (Some Transit).
Key Highlights
- Over 15,000 SF lot on W Hillsboro Blvd
- Approximately 5,000 SF commercial retail building
- Zoned B‑1
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$84,005
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,680,100
$1.7M
Cap Rate 7%
$1,200,071
$1.2M
Cap Rate 9%
$933,389
$933.4K
Market Conditions
NOI Build-Up for 4,968 SF
Gross rent
$131.2K $26.40/SF
− Vacancy
−$11.1K −$2.24/SF
EGI
$120.0K $24.16/SF
− OpEx
−$36.0K −$7.25/SF
NOI
$84.0K $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 Rate 5%
$1,680,100
Cap Rate 7%
$1,200,071
Cap Rate 9%
$933,389
Alternative Uses
Best Use
Retail
$1.20M
$1.05M – $1.40M
NOI $84,005 @ 7.0% cap · market cap 3,000.18%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$2.52M
$2.21M – $2.94M
NOI $176,433 @ 7.0% cap · market cap 6,301.18%
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
Open Analytics
Current Use
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
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Retail in South region
Frequently Asked Questions
What type of property is this?
Strip mall - Commercial retail building on a large lot, zoned B-1 for neighborhood-oriented retail uses.
Where is this strip mall located?
The property is located at 2745 W Hillsboro Blvd 5 Deerfield Beach, FL.
What are key features of this property?
This property features: Over 15,000 SF lot on W Hillsboro Blvd; Approximately 5,000 SF commercial retail building; Zoned B‑1
