Retail Property with Large
For Sale
$2,770,000
4201 Dixie Hwy, Oakland Park, FL 33334
Retail property includes a large yard and an existing thrift business in place, with frontage along N Dixie Highway.
Property Size8,500 SF
Price / SF$325.88
Days on Market401
Property Features for 4201 Dixie Hwy
General Information
Standard status
Active
Size
8,500 SF
Property subtype
Retail
Additional Details
Outdoor Storage
Yes
Taxes and HOA fees
Annual Taxes
$1,505
Amenities
3
Building Details
Year Built
1970
Listing Agency:
Current Capital Realty
(954) 607-8884
Listed By:
Steven Rafailovite · License #A12041225
(954) 607-8884
Source:
Xome
Added: Jul 11, 2025
Changed: Aug 12
Last Checked: Aug 15 at 3:55AM
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 Current Capital Realty
Investment Insights
Based on property information with market context.
This retail property offers an 8,500 SF building set on a total 18,607 SF lot, complemented by a large yard on site. The property is positioned for day-to-day customer access and visibility, and it is currently operating with a thrift business.
The site is located along N Dixie Highway in Oakland Park’s business district. The listing notes the property’s accessibility and exposure in a high-traffic setting.
For buyers or prospective tenants, the current setup supports a retail operation while leaving room for future plans tied to the property’s yard and storefront configuration. The offering is available for sale, with the option to own the existing asset or lease the space for an end user.
The site is located along N Dixie Highway in Oakland Park’s business district. The listing notes the property’s accessibility and exposure in a high-traffic setting.
For buyers or prospective tenants, the current setup supports a retail operation while leaving room for future plans tied to the property’s yard and storefront configuration. The offering is available for sale, with the option to own the existing asset or lease the space for an end user.
Key Highlights
- 18,607 SF commercial property with 8,500 SF building
- Frontage along N Dixie Highway in Oakland Park’s business district
- Large yard with no pool
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
$143,728
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
5.19%
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%
$2,874,560
$2.9M
Cap Rate 7%
$2,053,257
$2.1M
Cap Rate 9%
$1,596,978
$1.6M
Market Conditions
NOI Build-Up for 8,500 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
$224.4K $26.40/SF
− Vacancy
−$19.1K −$2.24/SF
EGI
$205.3K $24.16/SF
− OpEx
−$61.6K −$7.25/SF
NOI
$143.7K $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%
$2,874,560
Cap Rate 7%
$2,053,257
Cap Rate 9%
$1,596,978
Alternative Uses
Best Use
Retail
$2.05M
$1.80M – $2.40M
NOI $143,728 @ 7.0% cap · market cap 5.19%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$4.31M
$3.77M – $5.03M
NOI $301,869 @ 7.0% cap · market cap 10.90%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
2,805
Businesses Nearby
265k
Monthly Visits Nearby
Balanced
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Groceries 35%
Shops & Services 34%
Dining 25%
Apparel 3%
Publix
Groceries
49,555 visits/mo
0.4 miles
Publix
Groceries
44,212 visits/mo
0.2 miles
Five Below
Shops & Services
26,568 visits/mo
0.5 miles
McDonald's
Dining
20,120 visits/mo
0.5 miles
Party City
Shops & Services
15,423 visits/mo
0.3 miles
Demographics for 33334, FL
30,138
Population
14,314
Households
2.1
Avg Household Size
44
Median Age
33%
College-Educated
88%
High-School Grad
4.8 sq mi
ZIP Area
6,279
Density / Sq Mi
$69,512
Median Household Income
$36,895
Median Earnings
$1,615
Median Rent
$430,500
Median Home Value
Market
Vacancy Rate% for Retail in South region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
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Frequently Asked Questions
What type of property is this?
Storefront property - Retail property includes a large yard and an existing thrift business in place, with frontage along N Dixie Highway.
Where is this storefront property located?
The property is located at 4201 Dixie Hwy Oakland Park, FL.
What is the asking price?
The asking price for this property is $2,770,000.
What are key features of this property?
This property features: 18,607 SF commercial property with 8,500 SF building; Frontage along N Dixie Highway in Oakland Park’s business district; Large yard with no pool
