4800 Hillsboro BlvdCoconut Creek, FL 33073

Property Details for 4800 Hillsboro Blvd

Year built

2005

Construction

CONCRETE

Lot size

4.43 AC

Property size (Sq ft)

32,124 SF

Zone code

B-3

Property type

Retail properties

Property subtype

Retail space

APN

48-42-06-30-0010

APU

484206300010

Description

This exceptional storefront, located at 4800 W Hillsboro Blvd #A7 in Coconut Creek, Florida (zip code 33073), is offered at $350,000. Currently operating as a fully functional salon and barbershop, this 33073 property presents a unique opportunity for a variety of retail businesses. The space boasts modern facilities and top-of-the-line equipment, ensuring a seamless transition for new owners. Its strategic location in Broward County attracts a diverse clientele, providing immediate access to a built-in customer base. The property benefits from an established reputation and strong social media presence, minimizing the need for extensive marketing efforts. The existing business structure offers a significant advantage, providing a ready-to-operate space with all necessary licenses in place. This turnkey operation minimizes start-up costs and allows for immediate revenue generation. The collaborative work environment and qualified team (if retained) offer additional support for new ventures. This is an ideal opportunity for entrepreneurs seeking a well-established business with significant growth potential in a thriving Coconut Creek location. The property's prime location and existing infrastructure make it an attractive investment for those seeking a low-risk, high-reward venture in the retail sector. Don't miss this chance to acquire a successful, established business in a desirable location.

• CAP approach

  CAP return

  Valuation

  6%

  $11,306,323

  6.5%

  $10,436,606

  7%

  $9,691,134

• Comparable approach

  Method

  Valuation

  Relative Method

  $15,640,829

  Geo Method

  $15,640,829

• Alternative Use

  Use

  Valuation

  Residential

  $8,803,667

  Hospitality

  $8,064,112

  Educational

  $6,709,246

  Medical

  $6,939,988

  Retail

  $10,436,606

Location Insight

City

Coconut Creek

County

Broward

State

Florida

Latitude

26.3166

Longitude

-80.1891

CBSA code

33100

CBSA name

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

Property Tax & Assessments

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