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    Property profile & analytics

    1605 Oakland Park Blvd Oakland Park, FL 33309

    • Parking lots & garages
    • 1.01 lot acres
    For Lease
    View listing
    $0.01 SF/Yr
    Value Estimation
    $4,710,000
    Last Sale
    Jun 03, 2024
    $4,750,000
    Location Intelligence
    Property ID
    US18-6109044
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • TRS / Clothing Store
    • Spirit Halloween / Costume Store / Party Store
    • R A C Acceptance / Furniture Rental Service

    Property Details for 1605 Oakland Park Blvd

    Year built
    1995
    Lot size
    1.01 lot acres
    Zone code
    B-1
    Property type
    Parking lots & garages
    APN
    49-42-21-41-0020
    APU
    494221410020

    Description

    This exceptional 31,038-square-foot retail property at 1605 W Oakland Park Blvd, Oakland Park, FL 33309, is ideally situated for high visibility and substantial foot traffic. Boasting a prime location in the heart of Oakland Park and Fort Lauderdale, this property benefits from direct frontage on Oakland Park Boulevard, just west of I-95. The property comprises two buildings, one measuring 22,932 square feet and the other 8,106 square feet, each equipped with separate men's and women's restrooms. Sitting on a spacious 3.22-acre lot, ample parking is readily available. Zoned B-1 General-Commercial Retail, this versatile space offers a multitude of potential uses, including retail stores, medical offices, gyms, showrooms, and automotive businesses. Previously occupied by Rooms To Go for many years, this free-standing building presents a unique opportunity. A tenant improvement allowance is available. The property's APN is 494221410010. This single-tenant building presents a rare opportunity to establish a thriving business in a high-demand area.

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $4,750,000

    • CAP approach

      CAP return
      Estimation
      6%
      $5,100,000
      6.5%
      $5,090,000
      7%
      $4,800,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $4,865,000
      Geo Method
      $4,055,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $4,480,000
      Retail
      $3,950,000
      Mixed-Use
      $5,285,000
      Hospitality
      $4,810,000
      Educational
      $3,915,000
      Residential Income
      $5,105,000
      Energy
      $4,325,000
      Income-Based Land
      $5,230,000
      Food Service
      $5,045,000

    Location Insight

    • Map
    • Local Demand
    City
    Oakland Park
    County
    Broward
    State
    Florida
    Longitude
    -80.1644
    Latitude
    26.1668
    CBSA code
    33100
    CBSA name
    MIAMI-FORT LAUDERDALE-MIAMI BEACH, FL METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $14,610
    $530,400
    $57,840
    $588,240
    -
    $530,400
    $57,840
    $588,240

    Comparable in this City

    • Value Estimation by Request
      0.08 Acres

      1st Ave

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      View Details
    • Value Estimation by Request
      0.14 Acres

      1st St

      PARKING LOT • 0.14 Acres
      1st St, Fort Lauderdale, FL 33311
      View Details
    • Value Estimation by Request
      0.18 Acres

      13th Ave

      PARKING LOT • 0.18 Acres
      13th Ave, Fort Lauderdale, FL 33311
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    • Value Estimation by Request
      0.08 Acres

      5th Ave

      PARKING LOT • 0.08 Acres
      5th Ave, Fort Lauderdale, FL 33311
      View Details
    • Value Estimation by Request
      0.16 Acres

      5th Ct

      PARKING LOT • 0.16 Acres
      5th Ct, Fort Lauderdale, FL 33311
      View Details
    • Value Estimation by Request
      0.18 Acres

      100 21st Ct

      PARKING LOT • 0.18 Acres
      100 21st Ct, Wilton Manors, FL 33311-3826
      View Details

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    1605 Oakland Park Blvd
    Oakland Park, FL 33309
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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