Freestanding Retail Building For
3045 W Broward Blvd Fort Lauderdale, FL 33312
For Sale
Contact for pricing
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 Market945
Property Features for 3045 W Broward Blvd
General Information
- Standard status
- Active
- Size
- 3,664 SF
- Lot size
- 0.17 Acres
- Property subtype
- Retail
Building Details
- Year Built
- 1960
Listing Agency:
RE/MAX 5 Star Realty
(954) 453-1000
Listed By:
John DeMarco · License #BK3134747
Source:
Crexi
Added: Dec 21, 2023
Changed: Jul 6
Last Checked: Jul 23 at 9:28AM
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
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 For Retail
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $101.1k | $27.60 |
| − Vacancy | −$7.9k | −$2.15 |
| EGI | $93.2k | $25.45 |
| − OpEx | −$28.0k | −$7.63 |
| NOI | $65.3k | $17.81 |
3,664 SF · lease $27.60/SF/yr · vacancy 7.80% · expense 30.00%
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 local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Retail space
FAQs
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 Blvd 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.
