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    The Largest CRE Database in the US with Over 1 Million Listings
    Property profile & analytics

    612 Dixie Hwy Hollywood, FL 33020-3906

    • Automotive properties
    • 1,282 SF
    • 0.40 lot acres
    OFF-MARKET
    Value Estimations
    $360,000
    Show details
    Cap Rate Potential
    Location Intelligence
    Property ID
    US18-4096689
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Trans Copacabana Auto Sales / Used Car Dealer / Auto Body Shop
    • VamGroup Car Rental / Car Rental Agency / Car Wash

    Property Details for 612 Dixie Hwy

    Year built
    1956
    Construction
    CONCRETE
    Lot size
    0.40 lot acres
    Property size
    1,282 SF
    Zone code
    DH-3
    Property type
    Automotive properties
    APN
    51-42-16-05-0010
    APU
    514216050010

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

      Method
      Estimation
      ML approach
      $380,000

    • Comparable approach

      Method
      Estimation
      AI Estimate
      $346,000
      Market price range: $117k - $378k

    • Alternative Use

      Use
      Estimation
      OFFICE BUILDING
      $625,000

    Get a detailed, property-specific valuation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    Hollywood
    County
    Broward
    State
    Florida
    Longitude
    -80.1498
    Latitude
    26.0165
    CBSA code
    33100
    CBSA name
    MIAMI-FORT LAUDERDALE-MIAMI BEACH, FL METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $7,240
    $189,940
    $114,090
    $304,030
    -
    $189,940
    $114,090
    $304,030

    Comparable in this City

    • Value Estimation
      $1,240,000
      584 SF

      1822 Dixie Hwy

      VEHICLE SALES, RENTALS • 584 SF
      1822 Dixie Hwy, Hollywood, FL 33020-2633
      View Details
    • Value Estimation
      $3,780,000
      5,091 SF

      2200 Federal Hwy

      VEHICLE SALES, RENTALS • 5,091 SF
      2200 Federal Hwy, Hollywood, FL 33020-2230
      View Details
    • Value Estimation
      $410,000
      1,451 SF

      2829 Pembroke Rd

      VEHICLE SALES, RENTALS • 1,451 SF
      2829 Pembroke Rd, Hollywood, FL 33020-5649
      View Details
    • Value Estimation
      $460,000
      817 SF

      520 Dixie Hwy

      VEHICLE SALES, RENTALS • 817 SF
      520 Dixie Hwy, Hollywood, FL 33020-5382
      View Details
    • Value Estimation
      $315,000
      1,044 SF

      2453 Pembroke Rd

      VEHICLE SALES, RENTALS • 1,044 SF
      2453 Pembroke Rd, Hollywood, FL 33020-5863
      View Details
    • Value Estimation
      $315,000
      1,469 SF

      612 Dixie Hwy

      VEHICLE SALES, RENTALS • 1,469 SF
      612 Dixie Hwy, Hollywood, FL 33020-5345
      View Details

    Similar Nearby for Sale

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      Hollywood, FL Wawa Ground Lease

      Wawa ground lease with corporate guarantee and rental increases.
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      Auto Body Shop For Sale

      Turn-key auto body shop with real estate in Hollywood, FL.
      500 S Dixie Hwy, Hollywood, FL 33020
      View Details
    • $1,650,000

      Automotive Facility with Multiple Approvals

      Licensed automotive facility with approvals for sales, rentals, and more.
      1822 N Dixie Hwy, Hollywood, FL 33020
      View Details
    • $650,000

      Established Auto Body Shop Business

      Thriving auto body shop business for sale in Hollywood, Florida.
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    • $3,500,000
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      Hollywood Auto Shop Investment

      Prime Auto Repair Shop, High NOI
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    Similar Nearby for Lease

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      Hollywood Retail Garage Space For Rent

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    • Contact for pricing
      898,913 SF

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      4,000 SF

      Hollywood Retail Space - US1 Frontage

      Prime 4,000 SF Retail Building in Hollywood, FL
      2215 Federal Hwy, Hollywood, FL 33020
      View Details
    • $25 SF/Yr
      3,746 SF

      Hollywood Flex Space - Dixie Hwy

      High-visibility retail space, 3,746 sq ft.
      1100 Dixie Hwy, Hollywood, FL 33020
      View Details
    • Contact for pricing
      1,614 SF

      Destination Shopping Center Retail Space

      Open-air shopping center with high traffic and ample daytime population.
      3120 Oakwood Blvd, Hollywood, FL 33020
      View Details
    • $35 SF/Yr
      9,042 SF

      Freestanding Commercial Space on US1

      Freestanding building with frontage on Federal Highway in Hollywood, FL.
      2111 N Federal Hwy, Hollywood, FL 33020
      View Details
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    Hollywood, FL 33020-3906
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    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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