Property profile

2745 W Hillsboro Blvd 1 Deerfield Beach, FL 33442

FOR SALE
Retail space
Property ID
US18-5165391
4,897 SF 0.36 ac lot Built 1990
Entity Owned 5-yr Hold ~ Est. High Equity
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Property summary

AI-generated overview

This exceptional 4,897 square foot retail space is ideally situated at 2745 W Hillsboro Boulevard #3. Boasting a single-tenant occupancy, this property presents a unique opportunity for a variety of businesses. The building has recently undergone a complete renovation, including fresh paint, making it move-in ready. Its B-1 zoning allows for a range of commercial uses, making it suitable for businesses such as jewelry stores, mobile phone retailers, or office spaces. The property's strategic location offers unparalleled convenience and visibility. Its proximity to I-95 ensures easy access for customers and employees, while its placement within a thriving commercial area, adjacent to desirable residential communities, guarantees a strong customer base. The absence of multiple suites ensures a private and dedicated space for your business. This is a rare opportunity to secure a high-quality, renovated retail space in a prime location. The property's features and location combine to create an exceptional investment opportunity. The lot size is not specified. The Assessor's Parcel Number (APN) is 484203180010. This property is ready for immediate occupancy.

Property profile

Verified
Property type Retail space
Use group RETAIL STORES (PERSONAL SERVICES)
Year built 1990
Construction CONCRETE
Total area 4,897 SF
Lot 0.36 ac (15,792 SF)
Zoning code B-1
APN 48-42-03-18-0010
UPID US18-5165391

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Church
  • Alternative Medicine Practice Spa & Massage Center
  • Hair Salon
  • Photography Service (Bike/Boat/Book/etc) Store
  • Gym & Fitness Center

Location

2745 W Hillsboro Blvd, Unit 1 Deerfield Beach, FL 33442
Deerfield Beach metro Census 10308 MIAMI-FORT LAUDERDALE-MIAMI BEACH, FL METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$1.72M
CAP Approach CAP
$1.83M
Comparable Approach Comparable
$1.47M
Blend (final) Blend
$1.57M

Owner & transaction history

since 2020
Last sale
$1.2M
5 recorded transactions
2020
$1.2M
2016
Price N/A
2009
Price N/A
1969
Price N/A
1969
Price N/A

Zoning & alternative use

B-1 · Deerfield Beach, FL
Zoning description

The purpose of this district is to identify within the area defined by the land use element of the comprehensive plan for commercial development, areas where selected commercial activities can be established in a manner…

General category COMMERCIAL
Top alternative use upside
Office building $2.0M +33.4%
Medical building $1.7M +17.7%
Warehouse, storage $1.6M +8.9%

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
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