2012 Dixie Hwy Hollywood, FL 33020
- Manufacturing properties
- 2,106 SF
- 0.16 lot acres
Current Use by Public Records
- Ameriwoodcraft / Home Goods Store
Property Details for 2012 Dixie Hwy
- Year built
- 1952
- Construction
- STEEL FRAME
- Lot size
- 0.16 lot acres
- Property size
- 2,106 SF
- Zone code
- DH-3
- Property type
- Manufacturing properties
- APN
- 51-42-09-05-1080
- APU
- 514209051080
Description
This exceptional investment opportunity presents a freestanding industrial warehouse located at 2012 N Dixie Hwy, Hollywood, FL 33020. The property, built in 1952, boasts 2,106 square feet of functional warehouse space situated on a 7,086 square-foot lot. Its prime location directly on North Dixie Highway in East Hollywood offers excellent visibility and accessibility, just four blocks south of Sheridan Street. Currently leased to a single tenant under a triple net lease, the property generates a substantial annual net income of $72,000, with the tenant paying $6,000 per month. This translates to a strong return on investment. The property is zoned DH-3, allowing for a wide variety of commercial uses, making it ideal for various industrial applications. This is a rare opportunity to acquire a well-located, income-producing warehouse in a thriving area of Hollywood, Florida. The property's strong cash flow and flexible zoning make it an attractive investment for both seasoned and new investors seeking a stable and profitable asset. Serious inquiries only.
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $675,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $615,000
- 6.5%
- $700,000
- 7%
- $655,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $675,000
- Geo Method
- $780,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $605,000
- Retail
- $640,000
- Mixed-Use
- $705,000
- Hospitality
- $565,000
- Educational
- $705,000
- Residential Income
- $680,000
- Energy
- $610,000
- Income-Based Land
- $590,000
- Food Service
- $715,000
Location Insight
- Map
- Local Demand
- City
- Hollywood
- County
- Broward
- State
- Florida
- Longitude
- -80.1502
- Latitude
- 26.0293
- CBSA code
- 33100
- CBSA name
- MIAMI-FORT LAUDERDALE-MIAMI BEACH, FL METROPOLITAN STATISTICAL AREA