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Property profile & analytics
OFF-MARKET
Land

0 Hallandale Bch Blvd Pembroke Park, FL 33023

Property ID
Property summary
AI-generated overview

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.

Property profile
Verified
Property type Land
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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