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    Property profile & analytics
    OFF-MARKET Estimated value $2,430,000
    Retail space

    1500 Commercial Blvd, Oakland Park, FL 33334-5751

    9,619 SF 0.23 ac lot Built 1964
    Entity Owned 3-yr Hold Free & Clear
    Property ID
    US19-0178405
    Property summary
    AI-generated overview

    This exceptional 9,616 square foot freestanding retail storefront in Oakland Park, Florida, presents a compelling investment opportunity. Located at 1500 Commercial Boulevard, this two-story building boasts 18-foot ceilings and sits on a sizable 10,161 square foot corner lot. Its prime location between Federal Highway and North Dixie Highway ensures high visibility, with over 50,000 vehicles passing daily. The property features ample private parking, a significant advantage in this high-traffic area. Currently operating as a successful furniture retail/wholesale business generating over $100,000 in monthly revenue, and including $300,000 in inventory, this property offers immediate income potential. The building was constructed in 1964 and is zoned for commercial use. Attractive financing options are available for qualified buyers: 80% seller financing at 6% interest only for four years with only 20% down payment required. A strong NNN tenant is prepared to sign a new 3+3 year lease at closing, providing a 7% cap rate. This property is ideal for both investors seeking strong returns and owner-users looking for a high-visibility location in a thriving market. The property's Broward County address is 33334.

    Property profile
    Verified
    Property type Retail space
    Use group RETAIL STORES (PERSONAL SERVICES)
    Year built 1964
    Construction CONCRETE
    Total area 9,619 SF
    Lot 0.23 ac (10,161 SF)
    Zoning code B-1
    APN 49-42-14-12-1410
    UPID US19-0178405
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    $2.49M
    CAP Approach CAP
    $2.64M
    Comparable Approach Comparable
    by Request
    Blend (final) Blend
    $2.43M
    Owner & transaction history
    Ti Commercial LLC · 3 yrs held
    Ti Commercial LLC
    since 2022
    Last sale
    $2.1M
    7 recorded transactions
    2022
    $2.1M
    2021
    $1.8M
    2019
    $1.4M
    2019
    $700
    2006
    $1.5M
    1998
    $650,000
    1969
    Zoning & alternative use
    B-1 · Oakland Park, FL
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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