3710 Andrews AveOakland Park, FL 33309

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 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.

• 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

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

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