8111 Broward BlvdPlantation, FL 33324
- Retail properties
- 21,890 SF
Property Details for 8111 Broward Blvd
- Year built
- 1997
- Construction
- CONCRETE
- Lot size
- 2.73 AC
- Property size (Sq ft)
- 21,890 SF
- Zone code
- M-PM
- Property type
- Retail properties
- Property subtype
- Outlet malls
- APN
- 50-41-04-36-0015
- APU
- 504104360015
Description
This exceptional 21,890-square-foot retail space presents a unique opportunity for businesses seeking a high-visibility location in Plantation, Broward County. Situated on West Broward Boulevard, this single-tenant property boasts a spacious, versatile layout ideal for a variety of retail concepts. Built in 1994 and renovated in 2004, the one-story building features 20-foot high ceilings, creating an impressive and adaptable interior. The property sits on 2.72 acres of land and includes 80 parking spaces, ensuring ample convenience for customers and staff. Its strategic location directly across from the one-million-square-foot Westfield Broward Mall and adjacent to the 27-acre Plantation Walk development (featuring luxury apartments, a full-service hotel, and 160,000 square feet of office space) guarantees high foot traffic and significant brand exposure. This property offers easy access and proximity to public transportation and other businesses, creating a highly desirable environment for attracting a diverse customer base. The entire space is currently vacant, providing a blank canvas for a business to create its ideal retail environment. This is an exceptional opportunity to establish a thriving business in a prime location with excellent visibility and accessibility.
Valuation
by Paperhouses methods
- Valuation date:
- Dec 11, 2024
-
CAP approach
- CAP return
- Valuation
- 6%
- $9,566,717
- 6.5%
- $8,830,815
- 7%
- $8,200,043
-
Comparable approach
- Method
- Valuation
- Relative Method
- $16,296,194
- Geo Method
- $16,296,194
-
Alternative Use
- Use
- Valuation
- Residential
- $7,449,123
- Hospitality
- $6,823,357
- Educational
- $5,676,953
- Medical
- $5,872,192
- Retail
- $8,830,815
Location Insight
- City
- Plantation
- County
- Broward
- State
- Florida
- Latitude
- 26.1218
- Longitude
- -80.2571
- 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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