3710 Andrews AveOakland Park, FL 33309
- Retail properties
- 16,710 SF
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
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
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
FAQs
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