4000 Sheridan StHollywood, FL 33021

Property Details for 4000 Sheridan St

Year built

1980

Construction

CONCRETE

Lot size

0.10 AC

Property size (Sq ft)

4,658 SF

Zone code

O-1

Property type

Medical offices

Property subtype

Medical centers

APN

51-42-08-13-0060

APU

514208130060

Description

This exceptional single-tenant office space, located at 4000 Sheridan Street in Hollywood, Florida, 33021, offers 2,088 square feet of versatile space. The building, constructed in 1981 and renovated in 1999, is a single-story structure with a prominent Sheridan Street frontage, benefiting from a high average annual daily traffic count of 47,000 vehicles. The property's zoning is Commercial/Retail - Office - Medical, making it suitable for a variety of uses, including traditional office, medical office, or creative office spaces. The building features ample parking with 190 total spaces available. This property presents a unique opportunity for businesses seeking a well-maintained, conveniently located office space in a thriving area of Hollywood. The space will be available for occupancy beginning January 1, 2025. The property's location provides excellent visibility and accessibility, making it an ideal choice for businesses seeking a strong presence in the Hollywood market.

• CAP approach

  CAP return

  Valuation

  6%

  $1,666,488

  6.5%

  $1,538,297

  7%

  $1,428,418

• Comparable approach

  Method

  Valuation

  Relative Method

  $1,997,723

  Geo Method

  $1,997,723

• Alternative Use

  Use

  Valuation

  Residential

  $1,907,488

  Hospitality

  $1,747,249

  Educational

  $1,453,690

  Medical

  $1,503,685

  Retail

  $2,261,296

Location Insight

City

Hollywood

County

Broward

State

Florida

Latitude

26.0325

Longitude

-80.1849

CBSA code

33100

CBSA name

MIAMI-FORT LAUDERDALE-MIAMI BEACH, FL METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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