4201 State Road 7 Hollywood, FL 33021
- Commercial real estate
- 14,682 SF
- 0.90 lot acres
Current Use by Public Records
- Brothers Farmers Market of Hollywood / Farmers' Market
- Boulevard Tire Center / Auto Repair Shop / Car Repair And Maintenance Service
- Seminole Shopping Center / Shopping Mall
Property Details for 4201 State Road 7
- Year built
- 1962
- Construction
- CONCRETE
- Lot size
- 0.90 lot acres
- Property size
- 14,682 SF
- Zone code
- N-MU
- Property type
- Commercial real estate
- APN
- 51-41-01-01-0130
- APU
- 514101010130
Description
This exceptional retail opportunity is located in the thriving Seminole Shopping Center in Hollywood, Florida. The property is situated at 4201 N State Rd 7, 33021, offering excellent visibility and accessibility. The center boasts a prime location directly across from the Hard Rock Hotel and Casino, ensuring high foot traffic and exposure to a large customer base. Currently, one retail space is available, totaling 4,800 square feet. The property is classified as a multi-tenant strip center, ideal for a variety of retail or restaurant uses. Previous tenants have included tire shops, restaurants, pawn shops, and produce markets, demonstrating the versatility of the space. The property is located in Broward County, Florida, providing access to a strong local economy and diverse population. This is a unique chance to establish a business in a high-traffic area with significant potential for growth and success. The available space presents a compelling investment opportunity for businesses seeking a prominent location in a well-established shopping center. The property's proximity to the Hard Rock Hotel and Casino guarantees a steady stream of potential customers.
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $815,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $635,000
- 6.5%
- $615,000
- 7%
- $590,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $575,000
- Geo Method
- $680,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $665,000
- Retail
- $550,000
- Mixed-Use
- $620,000
- Hospitality
- $655,000
- Educational
- $540,000
- Residential Income
- $655,000
- Energy
- $520,000
- Income-Based Land
- $585,000
- Food Service
- $650,000
Location Insight
- Map
- Local Demand
- City
- Hollywood
- County
- Broward
- State
- Florida
- Longitude
- -80.2084
- Latitude
- 26.0458
- CBSA code
- 33100
- CBSA name
- MIAMI-FORT LAUDERDALE-MIAMI BEACH, FL METROPOLITAN STATISTICAL AREA
