Property profile

866 Oakland Park Blvd 880 Oakland Park, FL 33334

OFF-MARKET
Retail space
Property ID
US18-9312294
8,448 SF 0.67 ac lot Built 1959
Entity Owned 3-yr Hold Free & Clear
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Property summary

AI-generated overview

This exceptional turnkey pet grooming business, established in 2008 and under current ownership for five years, presents a lucrative investment opportunity in Oakland Park, Florida. Located at 866 E Oakland Park Blvd, 33334, this well-established retail business is housed in a building constructed in 1959. Generating over $250,000 in gross annual sales, translating to a monthly gross income between $15,000 and $20,000, this profitable venture boasts a loyal customer base exceeding 3,591 pets served last year. The business model includes a comprehensive range of services, encompassing pet grooming, boarding (pet hotel), a dedicated photo studio, and even dental cleaning. Operating with six experienced employees, the business maintains low overhead costs, with monthly rent, inclusive of water, totaling $2,137.03. This established business offers a strong foundation for continued growth and profitability, making it an attractive proposition for discerning investors seeking a proven, high-performing enterprise in a desirable location. The asking price for this thriving business is $180,000.

Property profile

Verified
Property type Retail space
Use group RETAIL STORES (PERSONAL SERVICES)
Year built 1959
Construction CONCRETE
Total area 8,448 SF
Lot 0.67 ac (29,111 SF)
Zoning code MR
APN 49-42-26-11-0024
UPID US18-9312294

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • (Bike/Boat/Book/etc) Store Alternative Medicine Practice

Location

866 Oakland Park Blvd, Unit 880 Oakland Park, FL 33334-2729
Oakland Park metro Census 50602 MIAMI-FORT LAUDERDALE-MIAMI BEACH, FL METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$1.64M
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$1.51M

Owner & transaction history

since 2023
Last sale
$1.2M
6 recorded transactions
2023
Price N/A
2017
Price N/A
2017
$1.2M
2012
Price N/A
2010
Price N/A
1969
Price N/A

Zoning & alternative use

MR · Oakland Park, FL
Zoning description

The Middle River District Sub-area is envisioned as a mixed-use neighborhood to include commercial, retail and residential uses oriented towards the Middle River with buildings fronting bike/ped trails for public access…

General category MIXED_USE

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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