0 Hallandale Bch Blvd Pembroke Park, FL 33023
This exceptional 0.95-acre commercial land parcel in Pembroke Park, Florida, presents a unique investment opportunity. Located on West Hallandale Beach Boulevard in Broward County (zip code 33023), this property boasts 150 feet of frontage and a 275-foot depth, ensuring high visibility and accessibility. The site benefits from its position on a major east-west thoroughfare, Hallandale Beach Boulevard, experiencing a daily traffic count of 42,000 vehicles. Its strategic placement next to a newly constructed Dollar General and a soon-to-open O'Reilly Auto Parts store further enhances its appeal. Shared access with O'Reilly Auto Parts simplifies logistics. The property is ideally suited for a national or regional fast-food chain with a drive-thru or a specialty retail establishment. A non-conforming billboard currently generates monthly lease income. Furthermore, a significant development project is underway, involving the construction of four soccer fields and two paddle tennis courts, pending city approval. This project will significantly increase foot traffic and enhance the overall value of the property. This prime location and the potential for diverse development make this a compelling investment opportunity.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.