3710 Andrews AveOakland Park, FL 33309

  • Retail properties
  • 16,710 SF
For Lease

Property Details for 3710 Andrews Ave

Year built
1975
Construction
CONCRETE
Lot size
1.07 AC
Property size (Sq ft)
16,710 SF
Zone code
B-1
Property type
Retail properties
Property subtype
Retail space
APN
49-42-22-00-0660
APU
494222000660

Description

This exceptional retail opportunity presents 2,880 square feet of vacant space within the vibrant Champaign Plaza (aka Andrews Plaza) in Oakland Park, Florida. Located at 3710 N Andrews Ave, 33309, this bustling strip center boasts a total of 16,070 square feet on a 46,785 square foot lot. Built in 1975, the property benefits from a B1 Community Business zoning designation, ensuring diverse business possibilities. The center enjoys high visibility at the southeast corner of North Andrews Avenue and NE 38th Street, with all units benefiting from direct street frontage. Currently home to a mix of established businesses including restaurants, pawn shops, barber shops, dollar stores, beauty supply stores, a laundromat, and a convenience store with liquor sales, this center offers a strong existing tenant base. The property features ample parking, providing a generous 5 spaces per 1,000 square feet of building area, and modern LED exterior lighting. The available space is ideal for a variety of businesses, including but not limited to thrift stores, consignment shops, insurance agencies, check cashing services, currency exchange businesses, mobile device repair shops, and small business offices. This well-located retail center provides excellent exposure and a thriving commercial environment.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $7,302,870
    6.5%
    $6,741,112
    7%
    $6,259,604
  • Comparable approach

    Method
    Valuation
    Relative Method
    $12,439,900
    Geo Method
    $12,439,900
  • Alternative Use

    Use
    Valuation
    Residential
    $5,686,380
    Hospitality
    $5,208,693
    Educational
    $4,333,572
    Medical
    $4,482,610
    Retail
    $6,741,112
3710 Andrews Ave, Oakland Park, Florida

Location Insight

City
Oakland Park
County
Broward
State
Florida
Latitude
26.1734
Longitude
-80.1463
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
$45,579
$561,420
$1,330,790
$1,892,210
-
$561,420
$1,330,790
$1,892,210

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