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    7240 Commercial Blvd Lauderhill, FL 33319

    For Sale
    Contact for pricing

    Prime Commercial Blvd location, high traffic count.

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    306
    This exceptional investment opportunity presents a brand-new retail development situated on a highly visible 1.33-acre parcel at 7240 W Commercial Blvd in Lauderhill, Florida. The property boasts 200 feet of frontage on Commercial Boulevard, a major thoroughfare with a daily traffic count exceeding 54,000 vehicles. The development comprises two buildings. The first is a nearly 2,400 square foot free-standing building ideally suited for a quick-service restaurant (QSR) with a drive-through. The second building offers approximately 7,000 square feet of flexible space, divisible into approximately 1,500 square foot suites, perfect for retail, office, or medical uses. This versatility is further enhanced by the C3 zoning designation within the City of Lauderhill. Ample parking is available across both parcels, ensuring convenient access for customers and employees. The property also benefits from a hard turn-in and an existing monument sign, maximizing visibility and accessibility. This is a rare opportunity to acquire a new, high-traffic retail development in a prime Northwest Broward County location. The property's strategic location and flexible space make it an ideal investment for a variety of businesses seeking high visibility and convenient access. The combination of a drive-through QSR and multi-tenant retail space offers significant income potential.

    Property Features for 7240 Commercial Blvd

    General Information

    Property type
    Retail properties
    Lot Size
    57,935 SF
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Retail properties

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Building Supply Nail Salon Clothing Store Auto Repair Shop

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

    Location Insight

    • Map
    • Local Demand
    City
    Lauderhill
    County
    Broward
    State
    Florida
    Longitude
    -80.24761
    Latitude
    26.19323

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    FAQs

    What type of property is this?
    Retail property - Prime Commercial Blvd location, high traffic count.
    Where is this retail property located?
    The property is located at 7240 Commercial Blvd Lauderhill, FL.
    What is the asking price?
    The asking price for this property is $40.
    (954) 526-3900
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    7240 Commercial Blvd Lauderhill, FL 33319
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    Realmo Value Estimation

    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.

    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.

    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
    7240 Commercial Blvd Lauderhill, FL 33319
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