Property profile

100 State Road 7 Hollywood, FL 33023

OFF-MARKET
Specialty properties
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Property summary

AI-generated overview

This exceptional 9,361 square foot vacant commercial lot presents a remarkable investment opportunity in the heart of Hollywood, Florida. Located at 100 S State Road 7 Rd, 33023, this rectangular parcel boasts high visibility and accessibility due to its corner location at the intersection of Hollywood Boulevard and S State Road 7, two major thoroughfares with significant daily traffic. Its proximity to the Hard Rock Hotel further enhances its desirability and potential for high returns. The property's size and shape lend themselves to the development of a variety of commercial structures, allowing for maximum flexibility in design and functionality. The asking price is $950,000. This is a rare chance to acquire a strategically positioned commercial land site in a thriving area with excellent growth prospects. The property is currently vacant, providing a blank canvas for a new commercial development tailored to meet the demands of the local market. Serious inquiries are encouraged.

Property profile

Verified
Property type Specialty properties

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Gas Station
  • Bank Credit Union
  • Atm
  • Restaurant
  • Restaurant

Location

100 State Road 7 Hollywood, FL 33023
Hollywood metro
Google Maps

Value estimations

Realmo proprietary · 4 methods
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Comparable Approach Comparable
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Blend (final) Blend
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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