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    Property profile & analytics

    2001 Harrison St, Unit 2017 Hollywood, FL 33020-5019

    • Retail space
    • 22,265 SF
    • 0.63 lot acres
    OFF-MARKET
    Value Estimations
    $3,560,000
    Show details
    Cap Rate Potential
    Location Intelligence
    Property ID
    US18-2572601
    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

    • Thanks To Harrison / Restaurant
    • Via Venti / Restaurant
    • Patty Macs / Restaurant

    Property Details for 2001 Harrison St

    Year built
    1969
    Construction
    CONCRETE
    Lot size
    0.63 lot acres
    Property size
    22,265 SF
    Zone code
    RC-2
    Property type
    Retail space
    APN
    51-42-15-01-1360
    APU
    514215011360

    Value Estimations

    based on Realmo’s proprietary methodology

    • CAP approach

      CAP Return
      Estimation
      6%
      $5,160,000
      6.5%
      $4,765,000
      7%
      $4,425,000

    Get a detailed, property-specific valuation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    Hollywood
    County
    Broward
    State
    Florida
    Longitude
    -80.1474
    Latitude
    26.0107
    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
    $78,648
    $967,680
    $2,154,720
    $3,122,400
    -
    $967,680
    $2,154,720
    $3,122,400

    Comparable in this City

    • Value Estimation
      $1,865,000
      11,322 SF

      1400 Federal Hwy

      RETAIL STORES (PERSONAL SERVICES) • 11,322 SF
      1400 Federal Hwy, Hollywood, FL 33020-2848
      View Details
    • Value Estimation
      $2,060,000
      11,939 SF

      2724 Hollywood Blvd, Unit 2736

      RETAIL STORES (PERSONAL SERVICES) • 11,939 SF
      2724 Hollywood Blvd, Hollywood, FL 33020-4808
      View Details
    • Value Estimation
      $1,320,000
      7,564 SF

      2733 Hollywood Blvd

      RETAIL STORES (PERSONAL SERVICES) • 7,564 SF
      2733 Hollywood Blvd, Hollywood, FL 33020-4821
      View Details
    • Value Estimation
      $2,865,000
      15,109 SF

      3300 28th Ter

      RETAIL STORES (PERSONAL SERVICES) • 15,109 SF
      3300 28th Ter, Hollywood, FL 33020-1305
      View Details
    • Value Estimation
      $1,750,000
      5,179 SF

      3050 28th Ter

      RETAIL STORES (PERSONAL SERVICES) • 5,179 SF
      3050 28th Ter, Hollywood, FL 33020-1302
      View Details
    • Value Estimation
      $1,405,000
      8,424 SF

      1200 Dixie Hwy, Unit 1224

      RETAIL STORES (PERSONAL SERVICES) • 8,424 SF
      1200 Dixie Hwy, Hollywood, FL 33020-5947
      View Details

    Similar Nearby for Sale

    • $3,000,000
      6,200 SF

      Harding Plaza: Hollywood Retail Center

      Class A retail center, high traffic location.
      1735 Federal Hwy, Hollywood, FL 33020
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    • Contact for pricing

      Downtown Hollywood Retail/Office Opportunity

      Premier property in Downtown Hollywood with high visibility and traffic.
      2130 Hollywood Blvd, Hollywood, FL 33020
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      Versatile Commercial Space For Sale

      1,700 sq ft space with roll-up door, central location.
      2028 Buchanan St, Hollywood, FL 33020
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      Versatile Commercial Space on Dixie

      3,600 SF commercial space in East Hollywood.
      2116 N Dixie Hwy, Hollywood, FL 33020
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    • $1,900,000

      Downtown Hollywood Mixed-Use Gem

      Prime location with diverse income potential in a transforming community.
      2040 N Polk St, Hollywood, FL 33020
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    • Contact for pricing

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      Prime location near Downtown Hollywood, suitable for diverse businesses.
      2040 Washington St, Hollywood, FL 33020
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    Similar Nearby for Lease

    • $6,000 /Mo
      21,270 SF

      Hollywood Flex Space For Lease

      1500 SF flex space with private fenced lot.
      1128 N Federal Hwy, Hollywood, FL 33020
      View Details
    • $3,400 /Mo

      Downtown Hollywood Retail Space For Rent

      Prime second-floor retail space with rooftop access in Downtown Hollywood.
      440 S Dixie Hwy, Hollywood, FL 33020
      View Details
    • $30 SF/Yr

      High-Traffic Retail/Office Space Available

      Retail/office spaces for lease in high-traffic Hollywood location.
      2467-2471 Pembroke Rd, Hollywood, FL 33020
      View Details
    • $45 SF/Yr
      1,173 SF

      Retail Space on Hollywood Boulevard

      Retail space in luxury mixed-use development on Hollywood Boulevard.
      2001 Hollywood Blvd, Hollywood, FL 33020
      View Details
    • $35 SF/Yr
      9,042 SF

      Freestanding Commercial Space on US1

      Freestanding building with frontage on Federal Highway in Hollywood, FL.
      2111 N Federal Hwy, Hollywood, FL 33020
      View Details
    • Contact for pricing
      7,223 SF

      Oakwood Plaza Retail Space

      Open-air shopping center with high traffic and prime location.
      2908-2912 Oakwood Blvd, Hollywood, FL 33020
      View Details
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    Hollywood, FL 33020-5019
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    Realmo Value Estimations

    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.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    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.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    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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