2950 28th Ter Hollywood, FL 33020-1301
- Industrial properties
- 25,988 SF
- 1.78 lot acres
Current Use by Public Records
- San Matera Gardens / Garden
- The Trellis At Bayshore Homeowners' Association, Inc. / Non-Profit Organization
Property Details for 2950 28th Ter
- Year built
- 1967
- Construction
- CONCRETE
- Lot size
- 1.78 lot acres
- Property size
- 25,988 SF
- Zone code
- IM-1
- Property type
- Industrial properties
- Property subtype
- Industrial live-work properties
- APN
- 51-42-04-04-0164
- APU
- 514204040164
Description
This exceptional commercial property in Hollywood, Florida, offers unparalleled visibility and accessibility. Strategically located along I-95, this three-building complex provides a highly sought-after location for businesses seeking maximum exposure and convenience. The main building, totaling 24,367 square feet, is available for lease as a single-tenant occupancy. This building features two stories and boasts 200 feet of frontage. Ample parking is available with 150 spaces provided for tenants and their guests. The property is zoned IM-1, offering flexibility for a variety of business uses. While this 24,367 sq ft building is offered separately, an adjacent building with an additional 10,151 square feet is also available for lease, presenting an opportunity for expansion or consolidation. The lease rate is $24 per square foot, NNN. This location provides easy access to major transportation arteries, ensuring seamless commutes for employees and clients. The property's prominent position along I-95 guarantees high visibility and significant brand exposure. This is an exceptional opportunity to secure a prime commercial space in a thriving Hollywood location. The property's APN is 514204040164.
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $7,065,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $6,910,000
- 6.5%
- $6,760,000
- 7%
- $6,870,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $6,550,000
- Geo Method
- $6,555,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $7,980,000
- Retail
- $7,055,000
- Mixed-Use
- $9,070,000
- Hospitality
- $8,880,000
- Educational
- $8,220,000
- Residential Income
- $9,220,000
- Energy
- $8,200,000
- Income-Based Land
- $8,775,000
- Food Service
- $7,280,000
Location Insight
- Map
- Local Demand
- City
- Hollywood
- County
- Broward
- State
- Florida
- Longitude
- -80.165
- Latitude
- 26.0366
- CBSA code
- 33100
- CBSA name
- MIAMI-FORT LAUDERDALE-MIAMI BEACH, FL METROPOLITAN STATISTICAL AREA
