10000 Taft StPembroke Pines, FL 33024

Property Details for 10000 Taft St

Year built

1982

Construction

CONCRETE

Lot size

2.00 AC

Property size (Sq ft)

4,639 SF

Zone code

(B-2)

Property type

Retail properties

Property subtype

Banks

APN

51-41-08-12-0010

APU

514108120010

Description

This exceptional 2+ acre commercial property presents a remarkable redevelopment opportunity in the thriving city of Pembroke Pines, Florida. Located at 10000 Taft Street, this single-tenant site boasts a highly desirable B2 zoning classification and sits on a signalized hard corner, ensuring unparalleled visibility and accessibility. The property's strategic location guarantees high traffic volume, making it an ideal investment for a wide range of businesses. Envision a fast-food restaurant, medical center, or retail establishment thriving in this prime location. The expansive lot size offers ample space for a substantial development, allowing for significant customization to suit your specific business needs. This is a blank canvas ready for your vision. The property is offered with a long-term ground lease (NNN) structure, providing a flexible and cost-effective ownership model. The APN is 514108120010. This is a rare opportunity to acquire a significant commercial parcel in a high-growth area of Pembroke Pines, offering exceptional potential for long-term returns. The address is 10000 Taft St, Pembroke Pines, FL 33024. Don't miss this chance to secure a premier location for your next venture.

• CAP approach

  CAP return

  Valuation

  6%

  $2,439,745

  6.5%

  $2,252,072

  7%

  $2,091,210

• Comparable approach

  Method

  Valuation

  Relative Method

  $5,013,728

  Geo Method

  $5,013,728

• Alternative Use

  Use

  Valuation

  Residential

  $1,899,707

  Hospitality

  $1,740,122

  Educational

  $1,447,761

  Medical

  $1,497,551

  Retail

  $2,252,072

Location Insight

City

Pembroke Pines

County

Broward

State

Florida

Latitude

26.022

Longitude

-80.2796

CBSA code

33100

CBSA name

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

Property Tax & Assessments

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