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Property profile & analytics
OFF-MARKET Estimated value $1,310,000
Retail space

3192 Hallandale Bch Blvd Hallandale, FL 33009-5164

9,402 SF 0.78 ac lot Built 1991
Entity Owned 4-yr Hold Free & Clear
Property ID
US18-6097276
Property summary
AI-generated overview

This exceptional 22,250 square-foot retail building, situated at 3192-3194 W Hallandale Beach Blvd in Hallandale Beach, Florida, presents a unique investment opportunity. Originally constructed in 1978 and extensively renovated in 2021, the property boasts a prime location with 553 feet of frontage on the bustling Hallandale Beach Boulevard, ensuring excellent visibility and accessibility. The single-story building features a desirable mix of in-line and freestanding retail spaces, currently offering one available unit of 1,700 square feet. Tenants and customers benefit from ample parking with 90 spaces, a convenient loading dock, and attractive 10-12 foot clear heights. The property's 1.69 acres also include a tranquil garden area overlooking a picturesque lake, adding to its appeal. Zoned B-1, this property is ideally suited for a variety of retail uses and is surrounded by established residential neighborhoods, providing a strong customer base. This is a rare opportunity to acquire a well-maintained, high-visibility retail center in a thriving Broward County location. The property's recent renovations and desirable features make it an attractive investment for both owner-occupiers and investors seeking a strong return.

Property profile
Verified
Property type Retail space
Use group RETAIL STORES (PERSONAL SERVICES)
Year built 1991
Construction CONCRETE
Total area 9,402 SF
Lot 0.78 ac (33,932 SF)
Zoning code B-1
APN 51-42-29-07-0020
UPID US18-6097276
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
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
$1.37M
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$1.31M
Owner & transaction history
31924 W Hallandale LLC · 4 yrs held
31924 W Hallandale LLC
since 2021
Last sale
$1.3M
4 recorded transactions
2021
Price N/A
2021
Price N/A
2010
$1.3M
1998
$625,000
Zoning & alternative use
B-1 · Hallandale, FL
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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