Sign Up Successful!
You now have access to more from Realmo!
Property Lookup
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    The Largest CRE Database in the US with Over 1 Million Listings
    Property profile & analytics

    5818 Stirling Rd Hollywood, FL 33021

    • Retail properties
    OFF-MARKET
    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Clothesline Cleaners / Dry Cleaner / Cleaners
    • Zohar's Gelato / Ice Cream Shop / Coffee Shop

    Property Details for 5818 Stirling Rd

    Year built
    1977
    Property type
    Retail properties

    Description

    This exceptional opportunity presents a 1450 sq ft. established Kosher gelato and pizza business located in the desirable Poinciana Plaza shopping center in Hollywood, Florida (33021). Built in 1977, this thriving business boasts ample parking for customers and is situated in a high-traffic area, ensuring consistent foot traffic. The asking price is $160,000. The business is not just a place to enjoy delicious gelato and pizza; it's a destination offering a unique and memorable experience. The current operation focuses on handcrafted gelato flavors and authentic Italian-style pizzas, creating a culinary sanctuary for customers. This turnkey operation is ideal for an owner-operator or an investor seeking a profitable venture. Furthermore, this business presents an excellent opportunity for those seeking an investment visa. The property is located at 5818 Stirling Rd, Hollywood, FL, in Broward County. This is a rare chance to acquire a well-established business with significant growth potential in a prime commercial location. The property's strong reputation and loyal customer base provide a solid foundation for continued success. Don't miss this chance to own a piece of Hollywood's vibrant culinary scene.

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Hollywood
    County
    Broward
    State
    Florida
    Longitude
    -80.2057
    Latitude
    26.0463

    Comparable in this City

    • Value Estimation by Request

      Confidential

      Automotive properties
      0 Confidential, Hollywood, FL 33021
      View Details
    • Value Estimation by Request
      506,731 SF

      4801-5545 Sheridan St

      Restaurants • 506,731 SF
      4801-5545 Sheridan St, Hollywood, FL 33021
      View Details
    • Value Estimation by Request
      506,731 SF

      4801-5545 Sheridan St

      Retail properties • 506,731 SF
      4801-5545 Sheridan St, Hollywood, FL 33021
      View Details
    • Value Estimation by Request

      Withheld

      Retail properties
      0 Withheld, Hollywood, FL 33021
      View Details
    • Value Estimation by Request

      5838 Stirling Rd

      Office Properties & Spaces
      5838 Stirling Rd, Hollywood, FL 33021
      View Details
    • Value Estimation by Request

      2305 Fl-7

      Retail properties
      2305 Fl-7, Hollywood, FL 33021
      View Details

    Similar Nearby for Sale

    • $407,325

      Hollywood Mobil 7-Eleven Franchise

      Profitable Convenience Store & Gas Station
      0 Confidential, Hollywood, FL 33021
      View Details
    • $1,300,000
      2,030 SF

      Hollywood Blvd Retail Opportunity

      High-traffic retail space, prime location.
      4614 Hollywood Blvd, Hollywood, FL 33021
      View Details
    • $999,000

      Hollywood Retail Space - $999K

      Prime Retail Space, Completely Remodeled
      5232 Pembroke Rd, Hollywood, FL 33021
      View Details
    • Contact for pricing

      Retail Spaces Available for Lease

      High-traffic retail spaces with 15-foot ceilings available for lease.
      4030 Pembroke Rd, Hollywood, FL 33021
      View Details
    • $900,000

      Drive-Thru Convenience Store Opportunity

      Drive-thru equipped convenience store in Hollywood, Florida for sale.
      4631 Hollywood Blvd, Hollywood, FL 33021
      View Details
    • Contact for pricing
      46,284 SF

      48,000 SF Shopping Center

      Shopping center suited for retail, medical, and office use.
      2500-2580 Us 441, Hollywood, FL 33021
      View Details

    Similar Nearby for Lease

    • $37 SF/Yr
      50,000 SF

      Hollywood Retail Center Investment Opportunity

      High-traffic location, multiple suites available
      3301 Sheridan St, Hollywood, FL 33021
      View Details
    • $34 SF/Yr
      3,258 SF

      Park Sheridan West Retail Spaces

      High-traffic Sheridan Street retail opportunity.
      3359-3399 Sheridan St, Hollywood, FL 33021
      View Details
    • $3 SF/Yr
      11,287 SF

      Stirling Road Retail Space For Lease

      Prime Retail Space, Ample Parking
      5890 Stirling Rd, Hollywood, FL 33021
      View Details
    • Contact for pricing
      40,000 SF

      Hollywood Blvd Office Space

      Prime Hollywood Office & Retail
      3325 Hollywood Blvd, Hollywood, FL 33021
      View Details
    • $21 SF/Yr
      45,890 SF

      Sheridan Oaks Plaza: Hollywood Retail Space

      Prime Hollywood retail/office opportunity. Multiple suites available.
      2500 State Road 7, Hollywood, FL 33021
      View Details
    • $40 SF/Yr
      1,000 SF

      Hollywood Blvd Retail/Office Space

      1,000-2,000 SF, 30 Parking Spaces
      5555 Hollywood Blvd, Hollywood, FL 33021
      View Details
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    5818 Stirling Rd
    Hollywood, FL 33021
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.