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126 Federal Hwy Hallandale Beach, FL 33009-4353

OFF-MARKET Gas stations Google Maps
1,326 SF 0.38 ac lot Built 1955
Entity Owned 7-yr Hold ~ Est. High Equity
Estimated value (blended)
$415k
Range $374k – $457k (±10%)
Property ID US18-5028081

Property summary

AI-generated overview

This exceptional 1.11-acre commercial development site is strategically located at 126 S Federal Highway in Hallandale Beach, Florida, zip code 33009. Boasting 48,368 square feet and zoned Central RAC, this property presents a unique opportunity for significant development. Its prime location on US-1, Federal Highway, offers unparalleled visibility and accessibility, connecting to major Florida cities including Miami, Fort Lauderdale, West Palm Beach, and Jacksonville. The site benefits from its proximity to the vibrant Gulfstream Park, a renowned destination featuring horse racing, casino gaming, dining, shopping, and various events. This high-traffic area ensures substantial exposure and potential for a diverse range of commercial ventures. The property's location in Hallandale Beach, situated between Fort Lauderdale and Miami, provides easy access to major urban centers and popular tourist attractions, making it an ideal location for a variety of commercial developments. The asking price for this exceptional development opportunity is $14,800,000. This is a rare chance to acquire a significant parcel of land in a thriving South Florida location. Broward County location.

Property profile

Verified
Property type Gas stations
Use group SERVICE STATION (FULL SERVICE)
Year built 1955
Construction CONCRETE
Total area 1,326 SF
Lot 0.38 ac (16,634 SF)
Zoning code CENTRAL RAC
APN 51-42-27-20-0160
UPID US18-5028081

Cap rate & NOI

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

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$415k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$415k

Owner & transaction history

since 2018
7 recorded transactions
2022
Price N/A
2018
$1.8M
2018
Price N/A
2016
$1.3M
1969
Price N/A
1969
Price N/A
1969
Price N/A

Zoning & alternative use

CENTRAL RAC · Hallandale Beach, FL

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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