3301 Sheridan StHollywood, FL 33021

Property Details for 3301 Sheridan St

Year built

1976

Construction

CONCRETE

Lot size

4.55 AC

Property size (Sq ft)

53,836 SF

Zone code

C-1

Property type

Retail properties

Property subtype

Retail space

APN

51-42-05-01-1420

APU

514205011420

Description

Park Sheridan Plaza, located at 3301-3357 Sheridan Street in Hollywood, Florida (33021), presents a compelling retail investment opportunity. This single-story, 50,000 square foot Class B center, built in 1975 and renovated in 2007, boasts a prime location at the busy intersection of Sheridan Street and North Park Road, experiencing over 52,000 vehicles daily. The property is zoned C1 and situated in Broward County, offering convenient access to major transportation arteries including I-95, the Turnpike, 595, and the Sheridan Street Tri-Rail Station, ensuring high visibility and accessibility for businesses. Multiple suites are currently available, ranging from 1,062 to 3,456 square feet, providing flexibility for various retail, personal service, and restaurant concepts. The center features modern impact glass storefronts and benefits from local management. Established tenants include Starbucks, AT&T, Club Pilates, Midnight Cookies, and Tijuana Flats, creating a vibrant and diverse tenant mix. This property offers a strong foundation for growth and profitability in a thriving commercial area.

• CAP approach

  CAP return

  Valuation

  6%

  $28,313,452

  6.5%

  $26,135,494

  7%

  $24,268,674

• Comparable approach

  Method

  Valuation

  Relative Method

  $58,184,744

  Geo Method

  $58,184,744

• Alternative Use

  Use

  Valuation

  Residential

  $22,046,268

  Hospitality

  $20,194,262

  Educational

  $16,801,390

  Medical

  $17,379,214

  Retail

  $26,135,494

Location Insight

City

Hollywood

County

Broward

State

Florida

Latitude

26.0338

Longitude

-80.1762

CBSA code

33100

CBSA name

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

Property Tax & Assessments

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