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    2012 Dixie Hwy Hollywood, FL 33020

    For Sale
    $1,500,000

    Prime East Hollywood warehouse, high-yield investment.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    369
    This exceptional investment opportunity presents a freestanding industrial warehouse located at 2012 N Dixie Hwy, Hollywood, FL 33020. The property, built in 1952, boasts 2,106 square feet of functional warehouse space situated on a 7,086 square-foot lot. Its prime location directly on North Dixie Highway in East Hollywood offers excellent visibility and accessibility, just four blocks south of Sheridan Street. Currently leased to a single tenant under a triple net lease, the property generates a substantial annual net income of $72,000, with the tenant paying $6,000 per month. This translates to a strong return on investment. The property is zoned DH-3, allowing for a wide variety of commercial uses, making it ideal for various industrial applications. This is a rare opportunity to acquire a well-located, income-producing warehouse in a thriving area of Hollywood, Florida. The property's strong cash flow and flexible zoning make it an attractive investment for both seasoned and new investors seeking a stable and profitable asset. Serious inquiries only.

    Property Features for 2012 Dixie Hwy

    General Information

    Property type
    Distribution properties

    Building Details

    Year Built
    1952

    HighLights

    • $1,500,000 asking price.
    • 2,106 SF warehouse on a 7,086 SF lot.
    • Located at 2012 N Dixie Hwy, Hollywood, FL 33020.
    • Built in 1952.
    • Triple net lease in place generating $72,000 annual net income.
    • DH‑3 zoning allows for a variety of commercial uses.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Ameriwoodcraft Home Goods Store

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Hollywood
    County
    Broward
    State
    Florida
    Longitude
    -80.1501235
    Latitude
    26.0292861

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    FAQs

    What type of property is this?
    Distribution property - Prime East Hollywood warehouse, high-yield investment.
    Where is this distribution property located?
    The property is located at 2012 Dixie Hwy Hollywood, FL.
    What is the asking price?
    The asking price for this property is $1,500,000.
    What are key features of this property?
    This property features: $1,500,000 asking price.; 2,106 SF warehouse on a 7,086 SF lot.; Located at 2012 N Dixie Hwy, Hollywood, FL 33020.
    Request Owner's contact information
    2012 Dixie Hwy Hollywood, FL 33020
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    Hollywood, FL 33020
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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
    2012 Dixie Hwy Hollywood, FL 33020
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