2104 59th Ter West Park, FL 33023-3053
This exceptional 0.26-acre commercial land parcel, located at 2104 SW 59th Ter, West Park, Florida 33023, presents a unique investment opportunity. Priced at $200,000, this property offers significant potential for various commercial ventures. The land itself is zoned for commercial use and is ideally situated in Broward County, providing easy access to major transportation routes and a thriving local community. Built in 1988, the site is ready for development or redevelopment, allowing for the creation of a new commercial structure tailored to specific business needs. The property's location in West Park offers a strategic advantage for businesses seeking visibility and accessibility within a growing market. The existing structure, previously used as an auto body shop, could be repurposed or demolished to accommodate a new building. This versatile property is perfect for entrepreneurs and investors looking to establish a strong presence in a dynamic commercial area. The property's history as a successful auto body shop demonstrates its suitability for businesses requiring ample space and convenient access. This is a rare opportunity to acquire a well-located commercial lot in a desirable area of South Florida. The property's size and location make it an attractive investment for both short-term and long-term growth. Serious inquiries are encouraged.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
TOC · West Park, FLCosts & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.