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Property profile & analytics
FOR SALE
Industrial properties

2950 N 28Th Ter Hollywood, FL 33020

25,988 SF 1.78 ac lot Built 1967
Individually Owned 3-yr Hold Free & Clear
Property ID
US18-4400639
Property summary
AI-generated overview

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.

Property profile
Verified
Property type Industrial properties
Use group MIXED USE (COMMERCIAL/INDUSTRIAL)
Year built 1967
Construction CONCRETE
Total area 25,988 SF
Lot 1.78 ac (77,492 SF)
Zoning code IM-1
APN 51-42-04-04-0164
UPID US18-4400639
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
Current use
Occupant on record · Public records
  • San Matera Gardens Garden Center Landscaping
  • The Trellis At Bayshore Homeowners' Association, Inc. Charitable Organization Social Service Agency
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
$6.97M
CAP Approach CAP
$5.40M
Comparable Approach Comparable
$5.91M
Blend (final) Blend
$7.19M
Owner & transaction history
Firstservice Residential Florida In · 3 yrs held
Firstservice Residential Florida In
since 2023
Last sale
$7.4M
6 recorded transactions
2023
Price N/A
2023
$7.4M
2001
$1.2M
1997
$398,000
1997
$1.6M
1997
$1.2M
Zoning & alternative use
IM-1 · Hollywood, FL
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Industrial (general) $11.9M +1.6%
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