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    1501 State Road 7 Hollywood, FL 33023

    For Sale
    $1,100,000

    Prime 14,843 SF commercial lot, high visibility.

    Property size:
    14,843 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    363
    This exceptional commercial land opportunity in Hollywood, Florida, presents 14,843 square feet of developable space, ideally situated on State Road 7 (SR 7/441). Boasting 122 feet of direct frontage on this heavily trafficked thoroughfare, the property enjoys impressive visibility with a daily traffic count of 53,500 vehicles. Its strategic location places it adjacent to established businesses such as Advance Auto Parts and Walgreens, and directly across from Hollywood Kia, ensuring high foot traffic and brand recognition. The property is zoned SM-U within the "Transit Oriented Corridor District," offering the potential for density bonuses, maximizing development potential. The site's existing infrastructure includes active water and electric services, significantly reducing development costs and timelines for future projects. This prime location in Broward County, Florida, with its convenient access to major roadways and a thriving commercial environment, makes this an exceptional investment opportunity for developers seeking high-impact visibility and development potential in a rapidly growing area. The zip code is 33023.

    Property Features for 1501 State Road 7

    General Information

    Property type
    Specialty properties
    Square Feet
    14,843 SF

    HighLights

    • 14,843 SF developable commercial land in Hollywood, FL.
    • 122' of frontage on heavily trafficked State Road 7 (SR 7/441), 53,500 VPD.
    • Excellent visibility; adjacent to Advance Auto Parts and Walgreens, across from Hollywood Kia.
    • SM‑U zoning in Transit Oriented Corridor District; potential density bonuses.
    • Existing water and electric services; reduced development costs and timelines.
    • Prime Broward County location, 33023 zip code, offers high‑impact visibility and development potential.
    Property Profile Location Intelligence

    Current Use by Public Records

    Avis Car Sales Used Car Dealer JP AUTOS Used Car Dealer Avis Car Rental Car Rental Agency Budget Car Rental Car Rental Agency

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

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

    Location Insight

    • Map
    • Local Demand
    City
    Hollywood
    County
    Broward
    State
    Florida
    Longitude
    -80.206658
    Latitude
    25.9973

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    FAQs

    What type of property is this?
    Specialty property - Prime 14,843 SF commercial lot, high visibility.
    Where is this specialty property located?
    The property is located at 1501 State Road 7 Hollywood, FL.
    What is the asking price?
    The asking price for this property is $1,100,000.
    What are key features of this property?
    This property features: 14,843 SF developable commercial land in Hollywood, FL.; 122' of frontage on heavily trafficked State Road 7 (SR 7/441), 53,500 VPD.; Excellent visibility; adjacent to Advance Auto Parts and Walgreens, across from Hollywood Kia.
    Request Owner's contact information
    1501 State Road 7 Hollywood, FL 33023
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    Hollywood, FL 33023
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    1501 State Road 7 Hollywood, FL 33023
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