Add Listing
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Stirling Rd Hollywood, FL 33004

    Property Lookup

    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings
    Property profile & analytics

    Stirling Rd Hollywood, FL 33004

    View on Map
    • Retail properties & Spaces
    Off-Market
    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Retail properties & Spaces

    Property Details for 0 Stirling Rd

    Year built
    1961
    Property type
    Retail properties & Spaces
    Property subtype
    Office properties & Spaces

    Description

    This exceptional executive office building, located at 33004 Stirling Rd, Dania Beach, Florida, presents a unique investment opportunity. Built in 1961, this Broward County property is currently operating as a dry cleaning business and offers a strong revenue stream. The asking price for the building alone is $350,000. However, a comprehensive package including the established business and all equipment is available for $1,800,000. The current business generates a substantial gross annual income of $260,000. A significant advantage for a new owner is the seller's commitment to provide 30 days of on-site training, ensuring a smooth transition and operational continuity. This turnkey solution minimizes the learning curve and allows for immediate profitability. The property's classification includes both retail and office space, making it versatile and adaptable to various business needs. Its strategic location in Hollywood, Florida, offers excellent accessibility and visibility. This property is ideal for an entrepreneur seeking an established business with proven profitability or an investor looking for a strong return on investment in a prime South Florida location. The property's size is not specified in the provided information.

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

    Get a detailed, property-specific estimation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    Hollywood
    County
    Broward
    State
    Florida
    Longitude
    -80.1568
    Latitude
    26.0482

    Comparable in this City

    • Value Estimation by Request

      50 Federal Hwy

      Retail properties & Spaces
      50 Federal Hwy, Dania Beach, FL 33004
      View Details
    • Value Estimation by Request

      Playa Dania

      Office properties & Spaces
      0 Playa Dania, Dania Beach, FL 33004
      View Details
    • Value Estimation by Request
      22,000 SF

      Marine Engine Rebuilding

      Medical Office Space • 22,000 SF
      0 Marine Engine Rebuilding, Dania Beach, FL 33004
      View Details
    • Value Estimation by Request
      10,500 SF

      801 Federal Hwy

      Specialty properties • 10,500 SF
      801 Federal Hwy, Dania Beach, FL 33004
      View Details
    • Value Estimation by Request

      137 1St Ave

      Office Units
      137 1St Ave, Dania Beach, FL 33004
      View Details
    • Value Estimation by Request
      2,021 SF

      115 1St Ct

      Individual retail properties • 2,021 SF
      115 1St Ct, Dania Beach, FL 33004
      View Details

    Similar Nearby for Sale

    • Contact for pricing

      Mixed-Use Investment Opportunity

      Mixed-use property in Dania Beach with income potential.
      50 N Federal Hwy, Dania Beach, FL 33004
      View Details
    • $1,950,000

      Mixed-Use Investment in Dania Beach

      Mixed-use property with residential and commercial units in developing area.
      24 NE 1St Ave, Dania Beach, FL 33004
      View Details
    • $3,800,000

      Prime Location on Federal Highway

      Two properties in prime Dania Beach location for sale.
      13 N Federal Hwy, Dania Beach, FL 33004
      View Details
    • $1,950,000
      4,968 SF

      Mixed-Use Plaza in Growing Area

      Mixed-use property in a rapidly developing Dania Beach corridor.
      24 NE 1St Ave, Dania Beach, FL 33004
      View Details

    Similar Nearby for Lease

    • $40 SF/Yr
      6,297 SF

      Retail Space in Dania, FL

      Retail property available for lease in Dania, Florida.
      121 Se 1St Ave, Dania, FL 33004
      View Details
    • Contact for pricing
      3,000 SF

      Dania Beach Office Space For Lease

      Prime Dania Beach location, 3,000 sq ft office.
      200 Dania Beach Blvd, Dania Beach, FL 33004
      View Details
    • $1,395 /Mo

      Dania Beach Commercial Space For Rent

      Commercial space in historic Dania Beach building with frontage on US1.
      33 N Federal Hwy, Dania Beach, FL 33004
      View Details
    • $1,575 /Mo
      9,148 SF

      Dania Beach Mixed-Use Space

      Mixed-use space ideal for office or retail in central Dania.
      47 NE 1St Ave, Dania Beach, FL 33004
      View Details
    • Contact for pricing

      Retail Spaces Available For Rent

      Retail spaces available, ranging from 900 to 1,160 SqFt.
      1200 S Federal Hwy, Dania Beach, FL 33004
      View Details
    • Contact for pricing
      3,600 SF

      Art Deco Building in Dania

      Freestanding Art Deco building suitable for offices or retail.
      49 N Federal Hwy, Dania, FL 33004
      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.
    Stirling Rd
    Hollywood, FL 33004
    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.
    Sign Up Successful!
    You now have access to more from Realmo!