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    5720 Hallandale Beach Blvd West Park, FL 33023

    Sponsored
    For Sale
    $950,000

    West Park, FL retail center, 100% occupied.

    Property size:
    1,470 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional investment opportunity presents a 1,470 square foot, single-story Class B shopping center located at 5720 W Hallandale Beach Blvd in West Park, Florida. Built in 1969, this property boasts three retail units currently operating at 100% occupancy under a triple net (NNN) lease structure. The center sits on a 7,471 square foot lot and includes 12 parking spaces. The property is zoned TOC 2 and features a single building with a net rentable area of 1,470 square feet. The asking price is $950,000 and includes an existing insurance and tag business

    Property Features for 5720 Hallandale Beach Blvd

    General Information

    Property type
    Lifestyle centers
    Square Feet
    1,470 SF
    Class
    B

    Building Details

    Year Built
    1969
    Buildings
    1
    Stories
    1
    Units
    3
    Property Profile Location Intelligence

    Current Use by Public Records

    Lifestyle centers

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    West Park
    County
    Broward
    State
    Florida
    Longitude
    -80.2014316
    Latitude
    25.9843536

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    FAQs

    What type of property is this?
    Lifestyle center - West Park, FL retail center, 100% occupied.
    Where is this lifestyle center located?
    The property is located at 5720 Hallandale Beach Blvd West Park, FL.
    What is the asking price?
    The asking price for this property is $950,000.
    Request Owner's contact information
    5720 Hallandale Beach Blvd West Park, FL 33023
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    West Park, 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
    5720 Hallandale Beach Blvd West Park, FL 33023
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