400 NE 44Th St Fort Lauderdale, FL 33334
- Day care centers
- 3,920 SF
- 0.27 lot acres
Current Use by Public Records
- Day care centers
Property Details for 400 NE 44Th St
- Year built
- 1964
- Construction
- CONCRETE
- Lot size
- 0.27 lot acres
- Property size
- 3,920 SF
- Zone code
- B-2
- Property type
- Day care centers
- APN
- 49-42-22-16-0210
- APU
- 494222160210
Description
This exceptional single-tenant office building, located at 400 NE 44th St in Oakland Park, Florida, presents a unique investment opportunity. The 3,920 square foot building sits on a single story and features an open floor plan currently divided into three units, complemented by five bathrooms. Eleven parking spaces are available, including convenient front spaces and a recently installed fenced rear patio, ideal for employee breaks or client meetings. The property boasts a recently completed 40-year inspection, ensuring structural integrity. Further enhancing its value, the roof was replaced in 2019, and the building is equipped with three HVAC units for optimal climate control. Zoned B-2, this property is situated within a Commercial Opportunity Zone, unlocking significant potential for various business ventures. Its prime location near government offices and the Oakland Park Commercial District ensures high visibility and accessibility. The property is also available for sale (see MLS # A11409559). This is an excellent opportunity to acquire a well-maintained, strategically located office building in a thriving commercial area. The APN is 494222160210.
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $670,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $610,000
- 6.5%
- $590,000
- 7%
- $605,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $560,000
- Geo Method
- $615,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $560,000
- Retail
- $615,000
- Mixed-Use
- $755,000
- Hospitality
- $610,000
- Educational
- $575,000
- Residential Income
- $575,000
- Energy
- $710,000
- Income-Based Land
- $655,000
- Food Service
- $615,000
Location Insight
- Map
- Local Demand
- City
- Oakland Park
- County
- Broward
- State
- Florida
- Longitude
- -80.1415
- Latitude
- 26.1811
- CBSA code
- 33100
- CBSA name
- MIAMI-FORT LAUDERDALE-MIAMI BEACH, FL METROPOLITAN STATISTICAL AREA