4400 Hollywood BlvdHollywood, FL 33021

  • Drug stores
  • 9,856 SF
For Lease
$20/SF/YR View listing

Property Details for 4400 Hollywood Blvd

Year built
1993
Construction
CONCRETE
Lot size
0.83 AC
Property size (Sq ft)
9,856 SF
Zone code
C-2
Property type
Drug stores
APN
51-42-07-05-0120
APU
514207050120

Description

This exceptional 10,000-square-foot freestanding building is ideally situated on Hollywood Boulevard in Hollywood, Florida (33021). Built in 1994, this single-tenant property boasts a prominent 119-foot frontage, ensuring high visibility and accessibility. The building features a spacious single story with an impressive 18-foot clear ceiling height, making it suitable for a variety of commercial uses. The 0.83-acre lot (35,948 square feet) provides ample space, complemented by 50 dedicated parking spaces. The property's location offers convenient access to major transportation arteries, including I-95 and the Florida Turnpike. Previously occupied by a CVS Pharmacy, this versatile space is perfect for retail, showroom, entertainment, restaurant, warehouse, or other commercial ventures. The building has no loading docks or drive-in access. There are no elevators. Most commercial uses are permitted. The property is currently vacant.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $5,183,472
    6.5%
    $4,784,743
    7%
    $4,442,976
  • Comparable approach

    Method
    Valuation
    Relative Method
    $10,652,144
    Geo Method
    $10,652,144
  • Alternative Use

    Use
    Valuation
    Residential
    $4,036,110
    Hospitality
    $3,697,055
    Educational
    $3,075,906
    Medical
    $3,181,692
    Retail
    $4,784,743

Location Insight

City
Hollywood
County
Broward
State
Florida
Latitude
26.0099
Longitude
-80.1878
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
$60,768
$431,380
$2,216,170
$2,647,550
-
$431,380
$2,216,170
$2,647,550

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