530-536 32Nd St Oakland Park, FL 33334
This exceptional Oakland Park, Florida office building presents a compelling investment or owner-user opportunity. The property, located at 530-536 & NE & 548 32nd Street, 33334, comprises five bays totaling 8,984 square feet situated on a 17,111 square foot lot (0.39 acres). Built in 1959, the building benefits from B-3 zoning. Currently, all leases are below market value and expire by the end of the year, presenting immediate potential for increased revenue. The strategic location within Oakland Park's Industrial District offers unparalleled access to major transportation arteries. Just one block north of E Oakland Park Blvd., the property is conveniently located near Dixie Highway, and less than two miles from I-95 and US-1. This vibrant area is experiencing significant growth, with the Downtown Core and Central Business District nearby. Furthermore, the delivery of 1,000 new residential units within a one-mile radius over the next two years promises a substantial increase in the potential customer base. This property is priced at $1,890,000 and represents a rare chance to acquire a well-positioned asset in a rapidly developing market.
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
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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.