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3710 Andrews Ave 3798 Oakland Park, FL 33309-5262

OFF-MARKET Retail space Google Maps
16,710 SF 1.07 ac lot Built 1975
Entity Owned 4-yr Hold Absentee Owner ~ Est. High Equity
Estimated value (blended)
$2.46M
Range $2.21M – $2.70M (±10%)
Property ID US18-5352907

Property summary

AI-generated overview

Champaign Plaza, also known as Andrews Plaza, is a retail strip center constructed in 1975 with approximately 16,070 square feet of building area. The center is zoned B1 for Community Business and is located on the southeast corner of North Andrews Avenue and NE 38th Street. The property is configured with 12 retail spaces occupied by a mix of restaurants, pawn shops, barber shops, dollar stores, beauty supply stores, a coin laundry, and a convenience and liquor store; individual storefronts range from approximately 720 to 2,900 square feet and have direct exposure to Andrews Avenue. Exterior features include LED exterior lighting, and on-site parking is provided at an approximate ratio of 5 spaces per 1,000 square feet of building area. The site is suitable for a range of neighborhood retail and service uses such as thrift and consignment shops, insurance agencies, check cashing and currency exchange businesses, mobile device repair, and small business offices.

Property profile

Verified
Property type Retail space
Use group RETAIL STORES (PERSONAL SERVICES)
Year built 1975
Construction CONCRETE
Total area 16,710 SF
Lot 1.07 ac (46,785 SF)
Zoning code B-1
APN 49-42-22-00-0660
UPID US18-5352907

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
by Request
CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
$2.46M

Owner & transaction history

since 2022
1 recorded transaction
2022
Price N/A

Zoning & alternative use

B-1 · Oakland Park, FL
Zoning description

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…

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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