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Property profile & analytics
OFF-MARKET
Office Spaces

530-536 32Nd St Oakland Park, FL 33334

Built 1959
Property ID
Property summary
AI-generated overview

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.

Property profile
Verified
Property type Office Spaces
Year built 1959
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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