6950 Stirling RdDavie, FL 33024

Property Details for 6950 Stirling Rd

Year built

1981

Construction

STEEL FRAME

Lot size

1.11 AC

Property size (Sq ft)

19,745 SF

Zone code

B-2

Property type

Retail properties

Property subtype

Retail space

APN

51-41-02-24-0010

APU

514102240010

Description

This exceptional 19,736-square-foot industrial property, situated on a generous 1.82-acre lot (79,442 square feet), presents a compelling investment opportunity. Located on Stirling Road in Davie, Florida, this B-2 zoned warehouse enjoys high visibility, positioned conveniently west of the Hard Rock Hotel and Casino. The existing structure currently houses a church occupying approximately 10,000 square feet, a CrossFit gym, and an additional 5,000 square feet of space used by the owner. Ample parking is available on-site. The expansive lot offers significant potential for expansion, allowing for the addition of a new building or a complete redevelopment of the existing structures to suit a variety of commercial uses. This property's prime location, substantial size, and flexible zoning make it an ideal candidate for a wide range of businesses seeking a strategic foothold in the thriving Davie market. The property is priced at $5,500,000. Contact for additional information and scheduling showings.

• CAP approach

  CAP return

  Valuation

  6%

  $10,384,299

  6.5%

  $9,585,507

  7%

  $8,900,828

• Comparable approach

  Method

  Valuation

  Relative Method

  $21,339,954

  Geo Method

  $21,339,954

• Alternative Use

  Use

  Valuation

  Residential

  $8,085,734

  Hospitality

  $7,406,488

  Educational

  $6,162,112

  Medical

  $6,374,036

  Retail

  $9,585,507

Location Insight

City

Davie

County

Broward

State

Florida

Latitude

26.0456

Longitude

-80.2282

CBSA code

33100

CBSA name

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

Property Tax & Assessments

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