4855 Hillsboro BlvdCoconut Creek, FL 33073

Property Details for 4855 Hillsboro Blvd

Year built

2006

Construction

CONCRETE

Lot size

0.03 AC

Property size (Sq ft)

1,208 SF

Zone code

O-2

Property type

Office buildings

APN

48-42-06-AB-0230

APU

484206AB0230

Description

This exceptional 8-office suite, located at 4855 W Hillsboro Boulevard in Coconut Creek, FL 33073, presents a unique investment opportunity. Situated in the Hillsboro Executive Professional Building, Suite B12 offers impressive features including a dedicated conference room and a storage room. The suite boasts exquisite furnishings and ample parking, catering to both clients and staff. The property benefits from excellent visibility on W Hillsboro Boulevard, a high-traffic thoroughfare with 42,583 vehicles passing daily. Its strategic location places it directly across the street from Baptist Health, providing convenient access to healthcare services. The building's construction is noteworthy, featuring superior twin T construction and impact glass, enhancing safety and resilience against storm damage. The single-tenant occupancy simplifies management, and the property's APN is 484206AB0250. This special purpose property offers a blend of convenience, visibility, and security, making it an attractive option for businesses seeking a well-appointed and strategically located office space. The property is a single suite within a larger building, and the lot size is not specified.

• CAP approach

  CAP return

  Valuation

  6%

  $289,229

  6.5%

  $266,980

  7%

  $247,910

• Comparable approach

  Method

  Valuation

  Relative Method

  $233,398

  Geo Method

  $233,398

• Alternative Use

  Use

  Valuation

  Residential Income

  $331,056

  Hospitality / Lodging

  $303,245

  Institutional / Educational

  $252,296

  Healthcare / Senior Housing

  $260,973

  Retail / Commercial

  $392,461

Location Insight

City

Coconut Creek

County

Broward

State

Florida

Latitude

26.3187

Longitude

-80.191

CBSA code

33100

CBSA name

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

Property Tax & Assessments

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