820 Oakland Park Blvd Wilton Manors, FL 33311-1732
- Retail space
- 3,238 SF
- 0.19 lot acres
Current Use by Public Records
- Monterrey farmers market / Grocery Store
Property Details for 820 Oakland Park Blvd
- Year built
- 1962
- Construction
- CONCRETE
- Lot size
- 0.19 lot acres
- Property size
- 3,238 SF
- Zone code
- B-2
- Property type
- Retail space
- APN
- 49-42-28-08-0020
- APU
- 494228080020
Description
This exceptional, turn-key restaurant and bar is available for $250,000. Located at 820 W Oakland Park Blvd in Wilton Manors, Florida (33311), this property offers immediate operational potential. The business boasts a fully stocked inventory, ready for a new owner to step in and begin operations. A significant advantage is the large private parking lot, ensuring convenient access for customers and efficient deliveries for suppliers. Its strategic location, just meters from I-95 and near multiple gas stations and the city center, guarantees high visibility and accessibility to a large customer base. The interior features well-maintained refrigeration equipment, ample storage space to accommodate inventory needs, a private office for administrative tasks, restrooms for customer convenience, a modern mobile payment system for efficient transactions, and installed surveillance cameras for security. This fully equipped establishment is poised for continued success and growth within a thriving community. The property is classified as retail, encompassing both restaurant and bar functionalities. This presents a unique opportunity to acquire a profitable business in a high-traffic area with all the necessary infrastructure in place.
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $1,805,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $1,455,000
- 6.5%
- $1,555,000
- 7%
- $1,360,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $1,490,000
- Geo Method
- $1,645,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $1,745,000
- Retail
- $1,355,000
- Mixed-Use
- $1,730,000
- Hospitality
- $1,710,000
- Educational
- $1,800,000
- Residential Income
- $1,450,000
- Energy
- $1,700,000
- Income-Based Land
- $1,325,000
- Food Service
- $1,580,000
Location Insight
- Map
- Local Demand
- City
- Wilton Manors
- County
- Broward
- State
- Florida
- Longitude
- -80.1539
- Latitude
- 26.1659
- CBSA code
- 33100
- CBSA name
- MIAMI-FORT LAUDERDALE-MIAMI BEACH, FL METROPOLITAN STATISTICAL AREA