3192 Hallandale Bch Blvd Pembroke Park, FL 33009
- Retail space
- 9,402 SF
- 0.78 lot acres
Current Use by Public Records
- Retail space
Property Details for 3192 Hallandale Bch Blvd
- Year built
- 1991
- Construction
- CONCRETE
- Lot size
- 0.78 lot acres
- Property size
- 9,402 SF
- Zone code
- B-1
- Property type
- Retail space
- APN
- 51-42-29-07-0020
- APU
- 514229070020
Description
This exceptional 22,250 square-foot retail building, situated at 3192-3194 W Hallandale Beach Blvd in Hallandale Beach, Florida, presents a unique investment opportunity. Originally constructed in 1978 and extensively renovated in 2021, the property boasts a prime location with 553 feet of frontage on the bustling Hallandale Beach Boulevard, ensuring excellent visibility and accessibility. The single-story building features a desirable mix of in-line and freestanding retail spaces, currently offering one available unit of 1,700 square feet. Tenants and customers benefit from ample parking with 90 spaces, a convenient loading dock, and attractive 10-12 foot clear heights. The property's 1.69 acres also include a tranquil garden area overlooking a picturesque lake, adding to its appeal. Zoned B-1, this property is ideally suited for a variety of retail uses and is surrounded by established residential neighborhoods, providing a strong customer base. This is a rare opportunity to acquire a well-maintained, high-visibility retail center in a thriving Broward County location. The property's recent renovations and desirable features make it an attractive investment for both owner-occupiers and investors seeking a strong return.
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $1,380,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $1,200,000
- 6.5%
- $1,075,000
- 7%
- $1,095,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $1,340,000
- Geo Method
- $1,400,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $1,280,000
- Retail
- $1,185,000
- Mixed-Use
- $1,080,000
- Hospitality
- $1,130,000
- Educational
- $1,305,000
- Residential Income
- $1,115,000
- Energy
- $1,040,000
- Income-Based Land
- $1,295,000
- Food Service
- $1,180,000
Location Insight
- Map
- Local Demand
- City
- Hallandale
- County
- Broward
- State
- Florida
- Longitude
- -80.1728
- Latitude
- 25.9844
- CBSA code
- 33100
- CBSA name
- MIAMI-FORT LAUDERDALE-MIAMI BEACH, FL METROPOLITAN STATISTICAL AREA
