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Retail, Commercial Sale
The property is a retail building zoned B1, located within a proposed redevelopment area encompassing approximately 28,000 square feet of mixed-use space. The site allows for the construction of up to five (5) stories, presenting an excellent opportunity for the development of office and retail spaces. The projected resale value is $12,500,000, based on a 6% capitalization rate and a 9% internal rate of return (IRR). Additional details are available in the attached documents. The property currently generates a substantial annual income of $84,392, providing a solid return on investment.
This retail home located at 2759 W Oakland Park Blvd, Oakland Park FL 33311 is currently for sale and has been available on Brickellsold for 361 days. This property is listed at $2M. It has N/A beds, N/A bathrooms, and is N/A square feet. It was built in 1985. 2759 W Oakland Park Blvd, Oakland Park FL 33311 is in Oakland Park county Broward County.
