Intense commercial business district lot | 4816 Pembroke Rd
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Intense commercial business district lot 4816 Pembroke Rd
840 SF Industrial Building Hollywood, FL 33021 $1,700,000 ($2,024/SF) 4.87% Cap Rate
Investment Highlights
- Permitted for outdoor storage, commercial use
Executive Summary
Located on a 20,000 SqFt lot. Intense commercial business district property for sale, currently used for commercial retail use, and also outdoor equipment storage. Located on Pembroke rd. with great exposure/high traffic. Long term tenant on year to year, currently occupying until April 2025 paying under market rental rate, plus the billboard produces passive income of $10,800/year from the DOT. Wide variety of uses allowed. Gated and very secure. Has a small office on site. Please do not disturb the tenants. Possibly seller financing.
Property Facts
Price | $1,700,000 | Lot Size | 0.59 AC |
Price Per SF | $2,024 | Rentable Building Area | 840 SF |
Sale Type | Investment or Owner User | No. Stories | 1 |
Cap Rate | 4.87% | Year Built | 1956 |
Sale Conditions | Lease Option | Tenancy | Single |
Property Type | Industrial | Clear Ceiling Height | 10 FT |
Property Subtype | Warehouse | Opportunity Zone |
Yes
|
Building Class | C |
Price | $1,700,000 |
Price Per SF | $2,024 |
Sale Type | Investment or Owner User |
Cap Rate | 4.87% |
Sale Conditions | Lease Option |
Property Type | Industrial |
Property Subtype | Warehouse |
Building Class | C |
Lot Size | 0.59 AC |
Rentable Building Area | 840 SF |
No. Stories | 1 |
Year Built | 1956 |
Tenancy | Single |
Clear Ceiling Height | 10 FT |
Opportunity Zone |
Yes |
Amenities
- Fenced Lot
- Air Conditioning
Utilities
- Lighting
- Water
- Sewer
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PROPERTY TAXES
Parcel Number | 51-42-19-01-6981 | Improvements Assessment | $75,310 |
Land Assessment | $185,850 | Total Assessment | $261,160 |
PROPERTY TAXES
Parcel Number
51-42-19-01-6981
Land Assessment
$185,850
Improvements Assessment
$75,310
Total Assessment
$261,160
zoning
Zoning Code | B-3 (Heavy commercial) |
B-3 (Heavy commercial) |
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Presented by
RE/MAX 5 Star Realty
Intense commercial business district lot | 4816 Pembroke Rd
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