Property profile

161 Commercial Blvd Oakland Park, FL 33334

OFF-MARKET
Office buildings
Property ID
US18-3112505
1,294 SF 0.11 ac lot Built 1959
Entity Owned 3-yr Hold ~ Est. High Equity
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Property profile

Verified
Property type Office buildings
Use group OFFICE BUILDING
Year built 1959
Construction CONCRETE
Total area 1,294 SF
Lot 0.11 ac (4,998 SF)
Zoning code B-1
APN 49-42-15-04-0140
UPID US18-3112505

Cap rate & NOI

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

Current use

Occupant on record · Public records
  • Cafe & Coffee Shop
  • Travel Agency

Location

161 Commercial Blvd Oakland Park, FL 33334-1623
Oakland Park metro Census 50502 MIAMI-FORT LAUDERDALE-MIAMI BEACH, FL METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$600k
CAP Approach CAP
$610k
Comparable Approach Comparable
$612k
Blend (final) Blend
$610k

Owner & transaction history

since 2022
Last sale
$470,000
3 recorded transactions
2022
$470,000
2010
Price N/A
2005
Price N/A

Zoning & alternative use

B-1 · Oakland Park, FL
Zoning description

The B-1 Community Business District is intended primarily to meet the shopping and limited service needs of several neighborhoods. Retail stores are intended to include convenience, fashion and durable goods. The B-1 Dis…

General category COMMERCIAL
Top alternative use upside
Neighborhood: shopping center $975,000 +96.1%
Commercial (general) $670,000 +35.0%
Medical building $605,000 +21.5%

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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