Entity Owned Property summary
This exceptional 18,499 square foot commercial land parcel is located at 1048 E Oakland Park Blvd, Oakland Park, Florida, 33334. Situated on a highly visible corner lot, this property presents a unique opportunity for developers and investors. The asking price is $1,285,000. After a 25-year environmental review process, the site is now fully cleared and ready for immediate development. The property's prime location in Oakland Park, Broward County, benefits from a thriving commercial environment experiencing significant recent growth and numerous ongoing construction projects. This influx of new commercial development underscores the area's strong potential for future growth and return on investment. The expansive lot size offers considerable flexibility for a wide range of commercial projects, allowing for the creation of a building tailored to specific needs. The property's location on a busy thoroughfare ensures high visibility and accessibility, making it an ideal site for businesses seeking maximum exposure. This is a rare opportunity to acquire a cleared, commercially zoned lot in a rapidly developing area. Don't miss this chance to capitalize on the burgeoning commercial landscape of Oakland Park.
Property profile
VerifiedCap rate & NOI
Current use
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Mobile Phone Store Electronics & Wireless Store
Location
Value estimations
Owner & transaction history
Zoning & alternative use
The Middle River District Sub-area is envisioned as a mixed-use neighborhood to include commercial, retail and residential uses oriented towards the Middle River with buildings fronting bike/ped trails for public access…
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Value estimation
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from $99/month
Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
from $99/month
Estimated NOI ÷ last recorded sale. Refine with your own numbers in the full report.
Price sensitivity
The rate is the decision lever; valuation is the consequence.
Property tax & assessments
Tax year 2023Property description
Physical attributes from public recordsZoning & alternative use
MR · Oakland Park, FLThe Middle River District Sub-area is envisioned as a mixed-use neighborhood to include commercial, retail and residential uses oriented towards the Middle River with buildings fronting bike/ped trails for public access…
Zoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
Zoning designation
Official district profile
The Middle River District Sub-area is envisioned as a mixed-use neighborhood to include commercial, retail and residential uses oriented towards the Middle River with buildings fronting bike/ped trails for public access…
What can be built and operated here — officially.
The district profile from the municipal source: what is on file for MR in Oakland Park, FL.
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Find the owner behind the property.
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