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321 44th St Oakland Park, FL 33334-1443

OFF-MARKET Retail space Google Maps
916 SF 0.13 ac lot Built 1964
Entity Owned 2-yr Hold Free & Clear
Estimated value (blended)
$375k
Range $338k – $413k (±10%)
Property ID US18-4547457

Property summary

AI-generated overview

This exceptional free-standing commercial property, located at 321 NE 44th St in Oakland Park, Florida, offers 916 square feet of versatile space ideal for retail or office use. The single-tenant building, constructed in 1969, sits on a 5,501 square foot lot and is classified as Class B. The property boasts eight parking spaces, providing a convenient 6.5/1000 parking ratio. Its prime location on Prospect Road ensures high visibility and excellent signage opportunities. The B-2 zoning allows for a variety of commercial uses. The building's convenient proximity to I-95 and the vibrant shops and restaurants of Downtown Oakland Park adds to its appeal. The property is currently configured for two tenants, presenting a unique opportunity for a single occupant to lease the entire 916 square feet or a portion thereof. All-inclusive monthly rent is $2,500 for the front portion or $3,500 for the entire building. The Broward County property (APN: 4942 15 03 4340) presents a compelling investment opportunity in a thriving location. This one-story building offers a low overhead cost structure and significant potential for growth.

Property profile

Verified
Property type Retail space
Use group RETAIL STORES (PERSONAL SERVICES)
Year built 1964
Construction CONCRETE
Total area 916 SF
Lot 0.13 ac (5,501 SF)
Zoning code B-2
APN 49-42-15-03-4340
UPID US18-4547457

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$375k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$375k

Owner & transaction history

since 2024
Last sale
$375,000
2 recorded transactions
2024
$375,000
2016
$530,000

Zoning & alternative use

B-2 · Oakland Park, FL
Zoning description

The B-2 General Business District is intended to apply to certain arterial streets where business establishments may be located to serve large sections of the city and adjacent areas. Such businesses need a conspicuous a…

General category COMMERCIAL

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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