1941 Dixie HwyPompano Beach, FL 33060
- Retail properties
- 7,710 SF
Property Details for 1941 Dixie Hwy
- Year built
- 1973
- Construction
- CONCRETE
- Lot size
- 0.53 AC
- Property size (Sq ft)
- 7,710 SF
- Zone code
- B-3
- Property type
- Retail properties
- Property subtype
- Retail space
- APN
- 48-42-26-07-0540
- APU
- 484226070540
Description
This exceptional 7,470 square foot retail property enjoys a prime location near the recently renovated Pompano Beach. The building has recently undergone a complete exterior renovation, presenting a fresh and modern façade. Landscaping and parking lot improvements are nearing completion, enhancing the property's curb appeal and functionality. The space is configured into four individual suites: three at 1,200 square feet each and one larger suite of 1,880 square feet. These suites offer flexibility, with the potential to combine units for a maximum combined space of 4,280 square feet, catering to a variety of tenant needs. Each suite boasts impressive 20-foot ceilings and convenient 12-foot street-level doors, ensuring easy access for both customers and deliveries. The property is zoned B-3, providing a wide range of permitted uses. The APN is 484226070540. This is a single-tenant retail space offering a unique opportunity for businesses seeking a high-visibility location in a revitalized area. The combination of modern aesthetics, ample space, and convenient access makes this property an attractive investment.
Valuation
by Paperhouses methods
- Valuation date:
- Dec 11, 2024
-
CAP approach
- CAP return
- Valuation
- 6%
- $3,479,296
- 6.5%
- $3,211,658
- 7%
- $2,982,254
-
Comparable approach
- Method
- Valuation
- Relative Method
- $3,753,916
- Geo Method
- $3,753,916
-
Alternative Use
- Use
- Valuation
- Residential
- $2,709,154
- Hospitality
- $2,481,570
- Educational
- $2,064,638
- Medical
- $2,135,644
- Retail
- $3,211,658
Location Insight
- City
- Pompano Beach
- County
- Broward
- State
- Florida
- Latitude
- 26.255
- Longitude
- -80.1198
- CBSA code
- 33100
- CBSA name
- MIAMI-FORT LAUDERDALE-MIAMI BEACH, FL METROPOLITAN STATISTICAL AREA
Property Tax & Assessments
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
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