4540 Federal HwyLighthouse Point, FL 33064

Property Details for 4540 Federal Hwy

Year built

1959

Construction

CONCRETE

Lot size

0.48 AC

Property size (Sq ft)

790 SF

Zone code

B-3A

Property type

Automotive properties

APN

48-43-18-00-0260

APU

484318000260

Description

This exceptional commercial property, located at 4540 North Federal Highway in Broward County, presents a unique opportunity for a restaurant operator. The property is a single-tenant space, ideal for a focused culinary concept. While the total square footage is listed as 1 square foot, this is likely an error in the provided data and requires clarification directly with the property owner. Further investigation into the actual square footage is strongly recommended. The property's location on North Federal Highway offers excellent visibility and accessibility, ensuring high foot traffic and potential for significant customer reach. The "For Lease" status indicates immediate availability for a discerning tenant seeking a prime location to establish or expand their restaurant business. The single-tenant nature of the property provides complete control and customization options for the future occupant. Interested parties are urged to contact the property owner to confirm the square footage and discuss lease terms. This is a rare opportunity to secure a potentially high-impact location in a busy Broward County commercial area. Don't miss out on this chance to establish your restaurant in a highly visible and accessible location. Serious inquiries only. Further due diligence is advised.

• CAP approach

  CAP return

  Valuation

  6%

  $356,267

  6.5%

  $328,861

  7%

  $305,371

• Comparable approach

  Method

  Valuation

  Relative Method

  $384,642

  Geo Method

  $384,642

• Alternative Use

  Use

  Valuation

  Residential

  $277,407

  Hospitality

  $254,103

  Educational

  $211,411

  Medical

  $218,682

  Retail

  $328,861

Location Insight

City

Lighthouse Point

County

Broward

State

Florida

Latitude

26.2871

Longitude

-80.0953

CBSA code

33100

CBSA name

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

Property Tax & Assessments

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