Sign Up Successful!
You now have access to more from Realmo!
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings

    8717-8723 NW 50Th St Lauderhill, FL 33351

    Sponsored
    For Sale
    $495,000

    Retail - Lauderhill, FL

    Type:Retail
    Days on Market:
    105
    Last Refresh:
    Feb 11 at 2:06 am

    Property Features for 8717-8723 NW 50Th St

    General Information

    Property type
    Commercial Sale
    Property subtype
    Retail
    Standard status
    Active
    Zoning
    COMMERCIAL
    APN
    049411AE0010
    Exterior features
    Storm Security Shutters

    Taxes and HOA fees

    Expense value
    1400
    Expense
    Home Owner Assessments Fee
    Expense freq.
    Quarterly

    Utilities

    Sewer type
    Public Sewer
    Heating system
    Central, Electric (Heating)
    Cooling system
    Central Air
    Water source
    Public

    Building Details

    Year built
    2003
    Flooring type
    Tile, Tile - Ceramic
    Building materials
    Block
    Roof type
    Concrete, Other
    Architectural style
    Other

    We can help!

    Listing Contact
    Alexis Poveda

    United Realty Group, Inc (954) 450-2000

    Listing agent Alexis Poveda (954) 450-2000 License #3038679

    Listing date Oct 30, 2025

    MLS# A11904528 Listing URL

    Copyright © 2026 Miami REALTORS®. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Learn more

    Property Insight Report

    Overview

    Lauderhill Retail Corner Units

    Two corner retail units are available in a well-maintained shopping center constructed in 2004. The current business operating in the 1,445 square foot retail space is a convenience store, but the business is not included in the sale. The property benefits from its location in a busy shopping center with long-term tenants. There is ample parking available for customers, with 3 assigned spaces plus a loading area for the unit.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Grocery and convenience stores

    Suggested Use

    Restaurant Real Estate Agency Law Firm Building Supply Dental Office Spa & Massage Center Big Box & Wholesale Store Auto Repair Shop Hair Salon Nail Salon

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Lauderhill
    County
    Broward
    State
    Florida
    Longitude
    -80.2670321
    Latitude
    26.1869173

    Nearby Similar for Sale

    • $115,000

      Renovated Office Space Available

      Move-in ready, renovated office space with potential for division.
      2331 N State Road 7, Lauderhill, FL 33313
      View Details
    • $350,000

      Korean BBQ & Sushi Restaurant

      Established restaurant with drive-through, strong sales, and growth potential.
      7225 W Okaland Pard Blvd, Lauderhill, FL 33313
      View Details
    • $355,000

      Lauderhill Beauty Supply Store

      Premium beauty supply store in Lauderhill, Florida with top brands.
      Confidential, Lauderhill, FL 33311
      View Details
    • Contact for pricing

      Turn Key Broward Blvd Offices

      Contemporary offices with abundant parking near a busy intersection.
      3521 W Broward Blvd, Lauderhill, FL 33312
      View Details
    • $615,000

      Renovated Triplex Investment Opportunity

      Fully renovated, income-producing triplex with long-term tenants and expansion potential.
      3380 NW 8Th Pl, Lauderhill, FL 33311
      View Details
    • $2,400,000
      7,381 SF

      Lauderhill Warehouse with Flexible Leases

      Warehouse with excellent street exposure and flexible lease terms.
      1109 NW 31 Ave, Lauderhill, FL
      View Details
    • Contact for pricing

      Retail Space in Lauderhill Plaza

      Retail space available in high-traffic Lauderhill location.
      4636 N University Dr, Lauderhill, FL 33351
      View Details
    • $699,000

      Fully Occupied Triplex For Sale

      Rare, cash-flowing triplex with long-term tenants and upside potential.
      2011-2019 NW 59Th Ave, Lauderhill, FL 33313
      View Details
    • $115,000

      Renovated Office Space Available

      Move-in ready office with potential for division.
      2331 216, Lauderhill, FL 33313
      View Details
    • Contact for pricing

      Retail Space in Sun Village

      Retail space available in a busy Lauderhill shopping center.
      4551 N University Dr, Lauderhill, FL 33351
      View Details
    • Contact for pricing

      Retail Unit in Casa Linda

      Retail space in Casa Linda Strip Plaza, Lauderhill, Florida.
      8759 NW 50Th St, Lauderhill, FL 33351
      View Details
    • Contact for pricing

      Endcap Retail/Office Space Available

      Endcap storefront retail/office space facing University Dr.
      4450 N University Dr, Lauderhill, FL 33351
      View Details

    FAQs

    What type of property is this?
    Grocery and convenience store - Two corner retail units in a busy Lauderhill shopping center.
    Where is this grocery and convenience store located?
    The property is located at 8717-8723 NW 50Th St Lauderhill, FL.
    What is the asking price?
    The asking price for this property is $495,000.
    What are key features of this property?
    This property features: - Two corner units offering 1445 sf of retail space.; - Located in a busy shopping center with long-term tenants.; - Building constructed in 2003 and well-maintained.
    (305) 409-2309
    Request Owner's contact information
    8717-8723 NW 50Th St Lauderhill, FL 33351
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    8717-8723 NW 50Th St
    Lauderhill, FL 33351
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    8717-8723 NW 50Th St Lauderhill, FL 33351
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    We can help!
    Listing Contact
    Alexis Poveda
    Real Estate License ID: 3038679
    (305) 409-2309
    Learn more
    Google sign-in failed. Please try again or use another login method.