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Property profile & analytics
OFF-MARKET Estimated value $3,895,000
Distribution centers

3001 29th Ave Hollywood, FL 33020-1309

30,352 SF 1.01 ac lot Built 1980
Entity Owned 21-yr Hold Absentee Owner ~ Est. High Equity
Property ID
US18-0100511
Property summary
AI-generated overview

This exceptional industrial property, located at 3001 N 29th Ave in Hollywood, Florida, 33020, offers a versatile space ideal for manufacturing, warehousing, distribution, or flex operations. The property features two distinct spaces. Space 1 encompasses approximately 17,150 square feet and boasts impressive amenities including three restrooms, a conference room, fully air-conditioned office space (approximately 7,000 square feet total, split between ground floor showroom and second floor open plan office), and two loading docks with a deck. This space also features 20-foot ceiling heights and ample parking. Space 2 offers approximately 6,000 square feet, including a restroom and a 500-square-foot office. This space includes one loading dock, one grade-level door, and one man door, along with 24-foot ceiling heights and abundant parking. Both spaces benefit from an excellent location with convenient access to I-95. The property is situated in Broward County and is available for multiple tenants. The building includes one drive-in door. This is a prime opportunity to secure a well-appointed industrial space in a highly desirable location. Contact us today to schedule a viewing and explore the possibilities.

Property profile
Verified
Property type Distribution centers
Use group DISTRIBUTION WAREHOUSE
Year built 1980
Construction CONCRETE
Total area 30,352 SF
Lot 1.01 ac (44,171 SF)
Zoning code IM-1
APN 51-42-04-04-0101
UPID US18-0100511
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
  • Tower Paints Hardware & Home Improvement Building Supply
  • home italia Big Box & Wholesale Store
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
$5.03M
Comparable Approach Comparable
$2.98M
Blend (final) Blend
$3.90M
Owner & transaction history
Hollywood Crown LLC · 21 yrs held
Hollywood Crown LLC
since 2004
5 recorded transactions
2022
Price N/A
2010
Price N/A
2004
$2.3M
1969
Price N/A
1969
Price N/A
Zoning & alternative use
IM-1 · Hollywood, FL
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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