5725 Pembroke Rd Hollywood, FL 33023
- Grocery and convenience stores
- 2,200 SF
- 0.12 lot acres
Current Use by Public Records
- dominicanminimart / Grocery Store
- Big Man Supermarket / Grocery Store
- ATM ES Reliable / Atm / Convenience Store
- Frm Ashe / Restaurant
- LibertyX Bitcoin ATM / Atm
Property Details for 5725 Pembroke Rd
- Year built
- 1969
- Construction
- CONCRETE
- Lot size
- 0.12 lot acres
- Property size
- 2,200 SF
- Zone code
- C-3
- Property type
- Grocery and convenience stores
- APN
- 51-41-24-12-0190
- APU
- 514124120190
Description
This fully renovated 2,200 square foot freestanding retail building in Hollywood, Florida, presents a compelling investment opportunity. Located at 5725 Pembroke Road, this property boasts a prime location on a busy thoroughfare, ensuring high visibility and foot traffic. The building, constructed in 1969, has undergone recent renovations, including a new AC unit and main sewer line, ensuring modern functionality and appeal. Currently owner-occupied and to be delivered vacant, the property offers flexibility for owner-users or new tenants. The C-3 zoning allows for a variety of uses, including convenience stores, QSR/fast food, and storefronts. The 0.12-acre lot includes four convenient parking spaces directly in front of the building. With a strong pro-forma NOI of $55,000 and a 7.87% pro-forma cap rate, this property offers a solid return on investment. The asking price is $699,000 ($317.73/sq ft). New development adjacent to the property further enhances its long-term appreciation potential. The property's APN is 514124120190.
Value Estimations
-
AI approach
- Method
- Estimation
- ML approach
- $350,000
-
CAP approach
- CAP Return
- Estimation
- 6%
- $585,000
- 6.5%
- $540,000
- 7%
- $500,000
-
Comparable approach
- Method
- Estimation
- Statistic Estimate
- $570,000
- AI Estimate
- $383,000
Market price range: $493k - $1.23MMarket price range: $350k - $842k
Get a detailed, property-specific valuation — fast and free
Location Insight
- Map
- Local Demand
- City
- Hollywood
- County
- Broward
- State
- Florida
- Longitude
- -80.2017
- Latitude
- 25.9955
- CBSA code
- 33100
- CBSA name
- MIAMI-FORT LAUDERDALE-MIAMI BEACH, FL METROPOLITAN STATISTICAL AREA