Freestanding Retail Building For
For Sale
$1,850,000
3045 W Broward Boulevard, Fort Lauderdale, FL 33312
Vacant 3,664 SF retail building on 7,202 SF lot.
Property Size3,664 SF
Lot Size0.17 Acres
Price / SF$504.91
Days on Market214
Property Features for 3045 W Broward Boulevard
General Information
Standard status
Active
Size
3,664 SF
Lot size
0.17 Acres
Zoning
B-2
Taxes and HOA fees
Annual Taxes
$8,712
Building Details
Building Size
3,664 SF
Year Built
1960
Listing Agency:
RE/MAX 5 Star Realty
Listed By:
John DeMarco · License #A12052614
(954) 453-1000
Source:
Laerrealty
Added: Mar 26
Changed: Oct 12
Last Checked: Oct 24 at 2:12PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of RE/MAX 5 Star Realty
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This is a freestanding vacant retail building featuring 3,664 square feet of usable space, situated on a 7,202 square foot lot. The current layout is suitable for a variety of businesses, including retail and office uses, making it ideal for an owner-user. The property is located in an area zoned B-2, which accommodates most retail and commercial uses, including restaurants, bars, and automotive businesses.
Key Highlights
- Freestanding vacant retail building ideal for owner‑user.
- Versatile 3,664 square feet of usable space suitable for retail or office.
- Large 7,202 square foot lot.
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$65,267
Cap Rate
3.53%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,305,340
$1.3M
Cap Rate 7%
$932,386
$932.4K
Cap Rate 9%
$725,189
$725.2K
Market Conditions
NOI Build-Up for 3,664 SF
Gross rent
$101.1K $27.60/SF
− Vacancy
−$7.9K −$2.15/SF
EGI
$93.2K $25.45/SF
− OpEx
−$28.0K −$7.63/SF
NOI
$65.3K $17.81/SF
Area
Fort Lauderdale, FL
Vacancy
7.80%
Lease Rate
$27.60 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,305,340
Cap Rate 7%
$932,386
Cap Rate 9%
$725,189
Alternative Uses
Best Use
Retail
$932.4K
$815.8K – $1.09M
NOI $65,267 @ 7.0% cap · market cap 3.53%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$2.46M
$2.15M – $2.87M
NOI $172,355 @ 7.0% cap · market cap 9.32%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
See the owner, sales and loan history
Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
1,061
Businesses Nearby
224k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Dining 47%
Shops & Services 39%
Apparel 8%
Electronics 6%
Wawa
Shops & Services
43,223 visits/mo
0.4 miles
Marshalls
Apparel
18,575 visits/mo
0.5 miles
IHOP
Dining
18,151 visits/mo
0.5 miles
Panda Express
Dining
16,386 visits/mo
0.4 miles
Chipotle Mexican Grill
Dining
15,122 visits/mo
0.5 miles
Demographics for 33312, FL
51,570
Population
21,332
Households
2.4
Avg Household Size
39
Median Age
28%
College-Educated
86%
High-School Grad
11.1 sq mi
ZIP Area
4,646
Density / Sq Mi
$77,644
Median Household Income
$39,333
Median Earnings
$1,566
Median Rent
$397,800
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Retail in Fort Lauderdale, FL
Frequently Asked Questions
What type of property is this?
Retail space - Vacant 3,664 SF retail building on 7,202 SF lot.
Where is this retail space located?
The property is located at 3045 W Broward Boulevard Fort Lauderdale, FL.
What is the asking price?
The asking price for this property is $1,850,000.
What are key features of this property?
This property features: Freestanding vacant retail building ideal for owner‑user.; Versatile 3,664 square feet of usable space suitable for retail or office.; Large 7,202 square foot lot.
