High-Visibility Commercial Lot For
For Sale
Contact for pricing
1212 NE 26th St, Wilton Manors, FL 33305
Commercial lot suitable for retail, hotel, or residential development.
Property Size3,956 SF
Price / SF$505.56
Days on Market1371
Property Features for 1212 NE 26th St
General Information
Standard status
Active
Size
3,956 SF
Property subtype
Retail
Lease Type
NNN
Building Details
Year Built
1964
Buildings
1
Stories
1
Tenancy
Single
Listing Agency:
CMV Realty LLC
Listed By:
Gus Martinez PA · License #3033300
Source:
Crexi
Added: Jan 24, 2023
Changed: Oct 25
Last Checked: Mar 25 at 1:03PM
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 CMV Realty LLC
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Investment Insights
Based on property information with market context.
This high-visibility commercial lot presents an opportunity for purchase. The property is suitable for retail, a shopping center, a hotel, or residential development. The property is located in Wilton Manors, Broward County, Florida. Wilton Manors is characterized by an urban environment with many bars, restaurants, coffee shops, and parks. The property has a size of 3956 square feet.
Key Highlights
- High‑visibility commercial lot suitable for retail, shopping center, hotel, or residential development
- Located in Wilton Manors, one of the best places to live in Florida
- Urban feel with many bars, restaurants, coffee shops, and parks
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$66,893
Cap Rate
3.34%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,337,860
$1.3M
Cap Rate 7%
$955,614
$955.6K
Cap Rate 9%
$743,256
$743.3K
Market Conditions
NOI Build-Up for 3,956 SF
Gross rent
$104.4K $26.40/SF
− Vacancy
−$8.9K −$2.24/SF
EGI
$95.6K $24.16/SF
− OpEx
−$28.7K −$7.25/SF
NOI
$66.9K $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%
$1,337,860
Cap Rate 7%
$955,614
Cap Rate 9%
$743,256
Alternative Uses
Best Use
Retail
$955.6K
$836.2K – $1.11M
NOI $66,893 @ 7.0% cap · market cap 3.34%
Second Best
Hotel Hospitality
$510.3K
$446.5K – $595.3K
NOI $35,718 @ 7.0% cap · market cap 1.79%
Theoretical Best
Office A
$2.01M
$1.76M – $2.34M
NOI $140,493 @ 7.0% cap · market cap 7.02%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
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Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
2,037
Businesses Nearby
244k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 36%
Groceries 28%
Dining 17%
Electronics 16%
Whole Foods Market
Groceries
47,327 visits/mo
0.5 miles
Best Buy
Electronics
40,123 visits/mo
0.4 miles
Barnes & Noble
Shops & Services
21,655 visits/mo
0.4 miles
Total Wine & More
Groceries
21,459 visits/mo
0.5 miles
Chase Bank
Shops & Services
19,134 visits/mo
0.4 miles
Demographics for 33305, FL
12,044
Population
8,285
Households
1.5
Avg Household Size
52
Median Age
54%
College-Educated
96%
High-School Grad
2.2 sq mi
ZIP Area
5,475
Density / Sq Mi
$89,944
Median Household Income
$60,924
Median Earnings
$1,850
Median Rent
$558,200
Median Home Value
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
Frequently Asked Questions
What type of property is this?
Commercial land - Commercial lot suitable for retail, hotel, or residential development.
Where is this commercial land located?
The property is located at 1212 NE 26th St Wilton Manors, FL.
What is the asking price?
The asking price for this property is $2,000,000.
What are key features of this property?
This property features: High‑visibility commercial lot suitable for retail, shopping center, hotel, or residential development; Located in Wilton Manors, one of the best places to live in Florida; Urban feel with many bars, restaurants, coffee shops, and parks
