4631 State Road 7Coconut Creek, FL 33073

  • Retail properties
  • 1,573 SF
For Sale
$725,000 View listing

Property Details for 4631 State Road 7

Year built
2007
Construction
CONCRETE
Lot size
0.04 AC
Property size (Sq ft)
1,573 SF
Zone code
B-2
Property type
Retail properties
Property subtype
Community centers
APN
48-41-12-AA-0210
APU
484112AA0210

Description

This exceptional 1738 square foot retail space is ideally situated in the thriving Coral Creek Shopping Plaza at the highly visible corner of Wiles Road and State Road 7 in Coral Springs, Florida (zip code 33073). Currently configured as a fully built-out restaurant, this property presents a fantastic opportunity for a variety of retail or office uses. The building boasts soaring ceilings and benefits from a prime corner location within the plaza, ensuring maximum visibility and accessibility. With over 50,000 cars passing by daily, this location guarantees significant foot traffic and exposure. The property itself is being sold as real estate only

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $553,631
    6.5%
    $511,044
    7%
    $474,541
  • Comparable approach

    Method
    Valuation
    Relative Method
    $765,877
    Geo Method
    $765,877
  • Alternative Use

    Use
    Valuation
    Residential
    $431,085
    Hospitality
    $394,871
    Educational
    $328,528
    Medical
    $339,827
    Retail
    $511,044
4631 State Road 7, Coconut Creek, Florida

Location Insight

City
Coconut Creek
County
Broward
State
Florida
Latitude
26.2877
Longitude
-80.2034
CBSA code
33100
CBSA name
MIAMI-FORT LAUDERDALE-MIAMI BEACH, FL METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$8,016
$35,930
$323,390
$359,320
-
$35,930
$323,390
$359,320

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