Freestanding
New
For Sale
$747,000
85 W HILLSBORO Boulevard, Deerfield Beach, FL
B-1 zoning supports retail, medical, office, service, and restaurant uses.
Property Size2,061 SF
Days on Market4
Property Features for 85 W HILLSBORO Boulevard
General Information
Standard status
Active
Size
2,061 SF
Total Parking Spaces
8
Zoning
B-1
Additional Details
Highway Access
Yes
Taxes and HOA fees
Annual Taxes
$8,372
Building Details
Building Size
2,061 SF
Year Built
1971
Buildings
1
Stories
1
Tenancy
Single
Listing Agency:
BNC Realty Group LLC
Listed By:
William McDannold · License #3049411
(561) 722-9202
Source:
Laerrealty
Added: Oct 14
Changed: Oct 15
Last Checked: Oct 16 at 6:20AM
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 BNC Realty Group LLC
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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.
This freestanding storefront in Deerfield Beach was built in 1971. Its B-1 zoning supports retail, medical, office, service, and restaurant uses, providing a range of commercial use options.
The property is at 85 W Hillsboro Boulevard, with access to I-95 and Federal Highway.
The property is at 85 W Hillsboro Boulevard, with access to I-95 and Federal Highway.
Key Highlights
- B‑1 zoning supports retail, medical, office, service, and restaurant uses
- Freestanding storefront built in 1971
- Access to I‑95 and Federal Highway
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$34,850
Cap Rate
4.67%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$697,000
$697.0K
Cap Rate 7%
$497,857
$497.9K
Cap Rate 9%
$387,222
$387.2K
Market Conditions
NOI Build-Up for 2,061 SF
Gross rent
$54.4K $26.40/SF
− Vacancy
−$4.6K −$2.24/SF
EGI
$49.8K $24.16/SF
− OpEx
−$14.9K −$7.25/SF
NOI
$34.8K $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%
$697,000
Cap Rate 7%
$497,857
Cap Rate 9%
$387,222
Alternative Uses
Best Use
Retail
$497.9K
$435.6K – $580.8K
NOI $34,850 @ 7.0% cap · market cap 4.67%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$1.05M
$914.9K – $1.22M
NOI $73,194 @ 7.0% cap · market cap 9.80%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
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Current Use
Lease Details
Single-tenant
Tenancy
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
1,660
Businesses Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Retail in South region
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Frequently Asked Questions
What type of property is this?
Storefront property - B-1 zoning supports retail, medical, office, service, and restaurant uses.
Where is this storefront property located?
The property is located at 85 W HILLSBORO Boulevard Deerfield Beach, FL.
What is the asking price?
The asking price for this property is $747,000.
What are key features of this property?
This property features: B‑1 zoning supports retail, medical, office, service, and restaurant uses; Freestanding storefront built in 1971; Access to I‑95 and Federal Highway
