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Property profile

3701 N Dixie Hwy Oakland Park, FL 33334

Retail properties & Spaces
Property ID
US18-8559119
View Sample
14,290 SF
Entity Owned 3-yr Hold

Property summary

AI-generated overview

This exceptional mixed-use development in Oakland Park, Florida, offers 14,290 square feet of ground-floor retail space, divisible into units ranging from 909 to 2,083 contiguous square feet. Currently, all 14,290 square feet are vacant, presenting a unique opportunity for a single tenant or multiple businesses. The property boasts a prime location at 3701 N Dixie Hwy, 33334, with 690 feet of frontage on a high-traffic road (25,500 vehicles daily). Ample parking is available with 318 spaces in a garage and on the street. The development includes 136 residential units, creating a built-in customer base. Its strategic location is just north of Downtown Oakland Park, across from popular destinations like Funky Buddha Brewery and Jaco Pastorious Park, and near other new mixed-use developments. The property is part of a larger project featuring two buildings connected by a sky bridge and will house the new Oakland Park City Hall, ensuring high visibility and foot traffic. The building's design incorporates outdoor seating areas for retail tenants, enhancing the overall appeal and creating a vibrant atmosphere. This is an unparalleled chance to establish a presence in a thriving, rapidly developing area of Broward County.

Property profile

Verified
Property type Retail properties & Spaces
Total area 14,290 SF
UPID US18-8559119

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
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Owner & transaction history

since 2023
3 recorded transactions
2023
Price N/A
2023
Price N/A
2023
$2.6M

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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