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Property profile & analytics
OFF-MARKET Estimated value $895,000
Auto shops

2104 59th Ter West Park, FL 33023-3053

3,800 SF 0.24 ac lot Built 1988
Entity Owned 7-yr Hold Absentee Owner ~ Est. High Equity
Property ID
US18-4911575
Property summary
AI-generated overview

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.

Property profile
Verified
Property type Auto shops
Use group AUTO REPAIR, GARAGE
Year built 1988
Construction CONCRETE
Total area 3,800 SF
Lot 0.24 ac (10,297 SF)
Zoning code TOC
APN 51-41-24-02-0170
UPID US18-4911575
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$781k
Blend (final) Blend
$895k
Owner & transaction history
Award Investment LLC · 7 yrs held
Award Investment LLC
since 2018
4 recorded transactions
2018
Price N/A
2018
Price N/A
1969
Price N/A
1969
Price N/A
Zoning & alternative use
TOC · West Park, FL
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zone name Transit Oriented Corridor
General category UNKNOWN
Zone area 141.18 ac
Source Realmo
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