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    181 180th Ave Pembroke Pines, FL 33029-5701
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    Property profile & analytics

    181 180th Ave Pembroke Pines, FL 33029-5701


    • Car washes
    • 2,852 SF
    • 1.00 lot acres
    Off-Market
    Last Sale Apr 10, 2025
    Property ID
    US18-1756983
    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.

    Value Estimations
    $715,000
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Car washes

    Property Details for 181 180th Ave

    Year built
    2000
    Construction
    CONCRETE
    Lot size
    1.00 lot acres
    Property size
    2,852 SF
    Zone code
    (PUD)
    Property type
    Car washes
    APN
    51-40-07-02-4180
    APU
    514007024180

    Description

    This exceptional investment opportunity presents a fee-simple, 3,752 square-foot car wash located at 181 NW 180th Ave, Pembroke Pines, FL 33029, in Broward County. Built in 2023, the property sits on approximately one acre of land. The asking price is $6,800,000, representing a compelling $1,812.37 per square foot and a 6.25% cap rate. The property boasts a strong 20-year triple-net (NNN) lease with a corporate guarantee from a multi-unit operator, ensuring minimal landlord responsibilities. The lease commenced at closing and features a current annual net operating income (NOI) of $425,000, with a 2% annual rent increase built into the base term and six 5-year renewal options. This investment qualifies for accelerated depreciation, offering significant tax advantages. The property's location in Pembroke Pines provides excellent visibility and access to a high-traffic area. This is a rare opportunity to acquire a high-performing, low-maintenance asset with significant long-term growth potential. The property's strong financials and long-term lease make it an ideal addition to any commercial real estate portfolio.


    Value Estimations

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    • CAP approach

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    Location Insight

    • Map
    • Local Demand
    City
    Pembroke Pines
    County
    Broward
    State
    Florida
    Longitude
    -80.3867
    Latitude
    26.0082
    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
    $27,578
    $1,099,690
    $253,060
    $1,352,750
    -
    $1,099,690
    $253,060
    $1,352,750
    More about this property
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