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Oakland Park Mixed Use building 250 NE 44th St 3,975 SF 100% Leased Retail Building Oakland Park, FL 33334 $2,727,450 CAD ($686.15 CAD/SF) 5.84% Cap Rate
Investment Highlights
- Mixed-Use Freestanding Building
- 100% Occupied with 5.8% In-Place CAP Rate
- Perfect for an Investor or Redevelopment!
- Minutes from I-95 & Major Arterial Highways
- Grandfathered Auto Use - Rare Entitlement
Executive Summary
This twostory 3,975 SF freestanding mixed-use building sits on a 17,400 SF lot in the heart of Oakland Park. The property features 1,680 SF of ground floor commercial space, along with two residential units on the second floor and a 635 SF detached garage. With 145 feet of high visibility frontage on Prospect Road and close proximity to I-95, it offers excellent exposure and accessibility. The B-2 Zoning allows for a wide range of commercial uses, while its grandfathered auto related entitlement provides a rare operational advantage. This property presents a stable, income-producing investment with strong valued and redevelopment potential.
Financial Summary (Actual - 2025) |
Annual (CAD) | Annual Per SF (CAD) |
|---|---|---|
| Gross Rental Income |
$211,584
|
$53.23
|
| Other Income |
-
|
-
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
$211,584
|
$53.23
|
| Taxes |
-
|
-
|
| Operating Expenses |
-
|
-
|
| Total Expenses |
$52,415
|
$13.19
|
| Net Operating Income |
$159,169
|
$40.04
|
Financial Summary (Actual - 2025)
| Gross Rental Income (CAD) | |
|---|---|
| Annual | $211,584 |
| Annual Per SF | $53.23 |
| Other Income (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Vacancy Loss (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Effective Gross Income (CAD) | |
|---|---|
| Annual | $211,584 |
| Annual Per SF | $53.23 |
| Taxes (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Operating Expenses (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Total Expenses (CAD) | |
|---|---|
| Annual | $52,415 |
| Annual Per SF | $13.19 |
| Net Operating Income (CAD) | |
|---|---|
| Annual | $159,169 |
| Annual Per SF | $40.04 |
Property Facts
Sale Type
Investment
Property Type
Retail
Property Subtype
Building Size
3,975 SF
Building Class
C
Year Built/Renovated
1971/2025
Price
$2,727,450 CAD
Price Per SF
$686.15 CAD
Cap Rate
5.84%
NOI
$159,167 CAD
Percent Leased
100%
Tenancy
Multiple
Building Height
2 Stories
Building FAR
0.23
Lot Size
0.40 AC
Opportunity Zone
Yes
Zoning
B-2 - Grandfathered Use of Auto maintenance /repair
Parking
17 Spaces (4.28 Spaces per 1,000 SF Leased)
Frontage
145’ on NE 44th St
Amenities
- 24 Hour Access
- Corner Lot
- Fenced Lot
- Property Manager on Site
- Pylon Sign
- Signage
- Drive Thru
- Storage Space
- Air Conditioning
- Balcony
Moderately walkable
70/100
Exceptionally drivable
100/100
Limited public transit
30/100
Moderately bikeable
60/100
Nearby Major Retailers
Property Taxes
| Parcel Numbers | Improvements Assessment | $962,931 CAD (2026) | |
| Land Assessment | $288,395 CAD (2026) | Total Assessment | $1,251,326 CAD (2026) |
Property Taxes
Parcel Numbers
Land Assessment
$288,395 CAD (2026)
Improvements Assessment
$962,931 CAD (2026)
Total Assessment
$1,251,326 CAD (2026)
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Oakland Park Mixed Use building | 250 NE 44th St
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