5232 Pembroke Rd Hollywood, FL 33021
- Retail space
- 2,624 SF
- 0.17 lot acres
Current Use by Public Records
- Retail space
Property Details for 5232 Pembroke Rd
- Year built
- 1958
- Construction
- CONCRETE
- Lot size
- 0.17 lot acres
- Property size
- 2,624 SF
- Zone code
- TOC 2
- Property type
- Retail space
- APN
- 51-42-19-01-7990
- APU
- 514219017990
Description
This exceptional retail property, located at 5232 Pembroke Road in West Park, Florida (zip code 33021), presents a unique investment opportunity. The single-story, 1958-built building offers a completely remodeled commercial/office space, ready for immediate occupancy. Situated in the desirable Hollywood area, near Pembroke Road, this property boasts excellent visibility and accessibility. The asking price is $999,000. The building consists of one structure, totaling one story. This turnkey solution allows new owners to customize the space to perfectly suit their business needs, eliminating the need for extensive renovations. Its convenient location offers easy access to major transportation routes and a thriving local community. The property is ideal for a variety of retail uses, providing a solid foundation for business growth. The address is easily accessible and visible from Pembroke Road, ensuring high foot traffic and brand recognition. This is a rare opportunity to acquire a fully renovated retail space in a prime location, ready for immediate income generation. The property is situated in Broward County, Florida, offering a strong market for commercial real estate. This is a fantastic opportunity for investors seeking a profitable and low-maintenance retail investment.
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $310,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $345,000
- 6.5%
- $365,000
- 7%
- $395,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $375,000
- Geo Method
- $345,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $335,000
- Retail
- $325,000
- Mixed-Use
- $375,000
- Hospitality
- $310,000
- Educational
- $380,000
- Residential Income
- $315,000
- Energy
- $320,000
- Income-Based Land
- $340,000
- Food Service
- $410,000
Location Insight
- Map
- Local Demand
- City
- Hollywood
- County
- Broward
- State
- Florida
- Longitude
- -80.1959
- Latitude
- 25.995
- CBSA code
- 33100
- CBSA name
- MIAMI-FORT LAUDERDALE-MIAMI BEACH, FL METROPOLITAN STATISTICAL AREA
