321 44th St Oakland Park, FL 33334-1443
Property summary
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
VerifiedCap rate & NOI
Value estimations
Owner & transaction history
Zoning & alternative use
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…
Comparables
6 recent transactions · within 1.5 miComparable in this City
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Value estimation
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Cap rate
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Price sensitivity
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Property tax & assessments
Tax year 2023Property description
Physical attributes from public recordsZoning & alternative use
B-2 · Oakland Park, FLThe 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…
Zoning
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Zoning designation
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The district profile from the municipal source: what is on file for B-2 in Oakland Park, FL.
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