Updated Oct 13, 2026
Parkland Acquires Development Site On Nob Hill Road For $7.1M
8400 Nob Hill Road, Parkland, FL, USA
$7,100,000
$6/SF
Building Size
1,062,864 SF
Asset Type
Development Site
Closing
Dec 2, 2019
About this deal
AI
Caroline Beasley and Christine Hunschofsky were involved in a recent property transaction in Parkland. The development site, located at 8400 Nob Hill Road, was sold for a price of $7,100,000. Spanning across 1,062,864 square feet, the property has a price per square foot of $6.64.
Summary of transaction details
- Property Type: Development site
- Transaction Amount: $7,100,000
- Address: 8400 Nob Hill Road, Parkland
- Square Footage: 1,062,864
- Price per Square Foot: $6.64
- Seller: Beasley Media Group - Caroline Beasley
- Buyer: Parkland - Christine Hunschofsky
Caroline Beasley, representing Beasley Media Group, was the seller in this transaction. On the other hand, Christine Hunschofsky acted as the buyer, representing Parkland. The deal marks an important development in the Parkland market.
On the Map
$7,100,000
$6/SF
Development Site
View full map
Players
Pompano Beach Development Site Market Snapshot
Boundary boundary · Development Site · Sale transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
2.23%
Cash-on-Cash
-0.64%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93