Entity Owned Property summary
The property is a retail component within Project O², a mixed-use development in Fort Lauderdale/Oakland Park along the border between the two municipalities. It provides approximately 21,000 square feet of retail space within a newly constructed mixed-use complex, with street frontage on N Federal Hwy (traffic count listed as 54,500 vehicles per day). The site is just north of Federal Highway and Oakland Park Boulevard, and is positioned about one block from the Oaklyn live-work-play campus in Oakland Park. Nearby context includes proximity to A1A (about 1.3 miles) and I-95 (about 2.6 miles), and the area is described as being surrounded by grocery stores, retail establishments, and recreational facilities. Parking is planned to be served by a new parking garage plus surface-level parking, and the retail space is described as supporting build-to-suit configurations.
Property profile
VerifiedCap rate & NOI
Location
Value estimations
Owner & transaction history
Zoning & alternative use
The B-1 Community Business District is intended primarily to meet the shopping and limited service needs of several neighborhoods. Retail stores are intended to include convenience, fashion and durable goods. The B-1 Dis…
Comparables
6 recent transactions · within 1.5 miComparable in this City
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Value estimation
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Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
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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-1 · Oakland Park, FLThe B-1 Community Business District is intended primarily to meet the shopping and limited service needs of several neighborhoods. Retail stores are intended to include convenience, fashion and durable goods. The B-1 Dis…
Zoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
Zoning designation
Official district profile
The B-1 Community Business District is intended primarily to meet the shopping and limited service needs of several neighborhoods. Retail stores are intended to include convenience, fashion and durable goods. The B-1 Dis…
What can be built and operated here — officially.
The district profile from the municipal source: what is on file for B-1 in Oakland Park, FL.
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