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Property profile & analytics
FOR SALE
Retail space

7601 Davie Road Ext Davie, FL 33024

15,840 SF 1.54 ac lot Built 1959
Entity Owned 9-yr Hold Free & Clear
Property ID
US19-0745599
Property summary
AI-generated overview

Prime corner location C-store in Hollywood, Florida, asking $70,000. This 1,500 square foot business boasts a 10-year lease (expiring 05/01/2034), offering 9.4 years remaining. All inventory, furniture, fixtures, a 10-door and a 5-door cooler are included. The business is equipped to process EBT payments and holds licenses for lottery sales, game machines, beer, and tobacco. Ample parking (71 spaces) and exterior security cameras enhance the property's security. Operating for 20 years, the current owner has been in place for 5 months and is selling due to personal reasons. The business benefits from a high traffic count of 15,600 vehicles per day on Davie Road Extension, a major thoroughfare strategically located between University Drive and Sterling Road, near Pembroke Memorial Hospital and numerous retailers and restaurants. The B-2 zoned property is surrounded by commercial and residential developments, offering significant upside potential with extended hours or additional merchandise. Hollywood's location near major highways (Turnpike, I-595, I-75), Ft. Lauderdale/Hollywood International Airport, and Port Everglades provides exceptional accessibility. This is a stabilized investment opportunity in a thriving commercial area. The property's APN is 514103330030.

Property profile
Verified
Property type Retail space
Use group RETAIL STORES (PERSONAL SERVICES)
Year built 1959
Construction CONCRETE
Total area 15,840 SF
Lot 1.54 ac (67,203 SF)
Zoning code B-2
APN 51-41-03-33-0030
UPID US19-0745599
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
  • ATM Atm
  • Quick Stop Grocery & Convenience Store
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$2.34M
Owner & transaction history
Lanlaura LLC · 9 yrs held
Lanlaura LLC
since 2016
4 recorded transactions
2016
$1.2M
2007
$1.6M
2004
$900,000
1969
Price N/A
Zoning & alternative use
B-2 · Hollywood, FL
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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