12 12Th StPlantation, FL 33323

Property Details for 12 12Th St

Year built

1950

Construction

CONCRETE

Lot size

0.13 AC

Property size (Sq ft)

3,253 SF

Zone code

SRAC-SAE

Property type

Retail properties

Property subtype

Banks

APN

50-42-15-10-0220

APU

504215100220

Description

This exceptional 2.6-acre industrial property, located in the thriving Sunrise, Florida market, presents a remarkable investment opportunity. Situated at 12 NW St, Plantation, FL 33323, this warehouse property is ideally positioned near Sawgrass Mall, offering unparalleled access to major transportation routes and a dense consumer base. Currently zoned for commercial use, this versatile site allows for a multitude of development possibilities. The asking price is $5,199,000. Imagine the potential: establish a thriving warehouse operation, construct a state-of-the-art retail center, or develop a custom-built facility tailored to your specific business needs. The property's strategic location in Broward County, Florida, ensures high visibility and easy access for employees and customers alike. This is a blank canvas for your entrepreneurial vision, offering the chance to create a significant return on investment in a prime location with excellent growth potential. The flexibility of the commercial zoning allows for a wide range of uses, making this a truly unique and valuable asset. Don't miss this chance to acquire a substantial property in a high-demand area. Act now to secure this exceptional opportunity.

• CAP approach

  CAP return

  Valuation

  6%

  $1,710,819

  6.5%

  $1,579,218

  7%

  $1,466,416

• Comparable approach

  Method

  Valuation

  Relative Method

  $3,515,770

  Geo Method

  $3,515,770

• Alternative Use

  Use

  Valuation

  Residential

  $1,332,129

  Hospitality

  $1,220,223

  Educational

  $1,015,211

  Medical

  $1,050,126

  Retail

  $1,579,218

Location Insight

City

Fort Lauderdale

County

Broward

State

Florida

Latitude

26.1073

Longitude

-80.1425

CBSA code

33100

CBSA name

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

Property Tax & Assessments

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