4848 Coconut Creek PkwyCoconut Creek, FL 33063

Property Details for 4848 Coconut Creek Pkwy

Year built

2009

Construction

CONCRETE

Property size (Sq ft)

8,881 SF

Zone code

PCD

Property type

Office properties

Property subtype

Office buildings

APN

48-42-31-AM-0010

APU

484231AM0010

Description

This exceptional retail property, located at 4848 Coconut Creek Parkway in Coconut Creek, Florida, presents a unique investment opportunity. Situated in Broward County, this multi-tenant retail center offers six available spaces, ideal for a variety of businesses. The property boasts a flexible lot size ranging from 0.378 to 0.634 acres, providing ample space for development or expansion. The total building square footage is currently listed as 1 square foot, however, this is likely an error in the provided data and should be verified independently. The property's prime location on Coconut Creek Parkway ensures high visibility and accessibility for potential customers. The "Street Retail, Commercial" designation suggests a high-traffic area with excellent pedestrian and vehicular access. This is an exceptional opportunity to establish or expand a retail presence in a thriving Florida community. The property's five acres of land offer significant potential for future development or expansion of existing businesses. Further details regarding individual unit sizes and lease terms are available upon request. The zip code is 33063. Interested parties should conduct their own due diligence to verify all property details.

• CAP approach

  CAP return

  Valuation

  6%

  $2,640,351

  6.5%

  $2,437,247

  7%

  $2,263,158

• Comparable approach

  Method

  Valuation

  Relative Method

  $2,623,625

  Geo Method

  $2,623,625

• Alternative Use

  Use

  Valuation

  Residential

  $3,022,186

  Hospitality

  $2,768,306

  Educational

  $2,303,198

  Medical

  $2,382,409

  Retail

  $3,582,754

Location Insight

City

Coconut Creek

County

Broward

State

Florida

Latitude

26.2435

Longitude

-80.1881

CBSA code

33100

CBSA name

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

Property Tax & Assessments

FAQs

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