Property profile

2950 N 28Th Ter Hollywood, FL 33020

FOR SALE
Other industrial properties
Property ID
US18-4400639
25,988 SF 1.78 ac lot Built 1967
Individually Owned 3-yr Hold Free & Clear
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Property summary

AI-generated overview

A flex warehouse property totaling approximately 25,000 SF, including about 19,000 SF of clear-span warehouse space. The building is configured at roughly a 50% warehouse and 50% office split, with the ability to convert additional office area back into warehouse use. Operational features include three overhead doors, three-phase power, and an on-site standby generator with a 330-gallon capacity. The property is located with direct frontage on I-95, providing building and pylon signage exposure along the roadway, and offers immediate access to major highways. Fort Lauderdale-Hollywood International Airport and Port Everglades are approximately 5–7 miles away, and Miami International Airport and Port of Miami are approximately 18 miles away. The layout and infrastructure support industrial, logistics, and flex uses, combining loading capacity with on-site office space for day-to-day operations.

Property profile

Verified
Property type Other 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

Current use

Occupant on record · Public records
  • Garden Center Landscaping
  • Charitable Organization Social Service Agency

Location

2950 N 28Th Ter Hollywood, FL 33020
Hollywood metro Census 80500 MIAMI-FORT LAUDERDALE-MIAMI BEACH, FL METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$6.97M
CAP Approach CAP
$5.40M
Comparable Approach Comparable
$5.91M
Blend (final) Blend
$7.07M

Owner & transaction history

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
Zoning description

A. IM-1 Low Intensity Industrial and Manufacturing District. 1. Purpose and uses: District Purpose Main Permitted Uses Special Exception Prohibited Uses This district is intended to provide suitable standards for develop…

General category INDUSTRIAL
Top alternative use upside
Industrial (general) $11.9M +1.6%

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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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
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