Retail
For Sale
Contact for pricing
3938 W Davie Boulevard #3938, Fort Lauderdale, FL 33312
The Fort Lauderdale property is near a Pizza Hut.
Property Size800 SF
Price / SF$1.99
Days on Market12
Property Features for 3938 W Davie Boulevard #3938
General Information
Standard status
Active
Size
800 SF
Property subtype
Retail
Site & Location
Neighborhood
Ssca
Building Details
Year Built
1970
Listing Agency:
Sharpe Properties
Listed By:
Brian Sharpe · License #3056610
(305) 693-3500
Source:
Lehmannflorida
Added: Oct 14
Changed: Oct 24
Last Checked: Oct 24 at 2:47PM
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 Sharpe Properties
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.
Retail space is part of a center at 3938 W Davie Boulevard in Fort Lauderdale. The property was built in 1970 and is near a Pizza Hut.
Key Highlights
- Retail center at 3938 W Davie Boulevard, Fort Lauderdale
- Built in 1970
- Near a Pizza Hut
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$14,250
Suggested Prices Based on Cap Rates
Cap Rate 5%
$285,000
$285.0K
Cap Rate 7%
$203,571
$203.6K
Cap Rate 9%
$158,333
$158.3K
Market Conditions
NOI Build-Up for 800 SF
Gross rent
$22.1K $27.60/SF
− Vacancy
−$1.7K −$2.15/SF
EGI
$20.4K $25.45/SF
− OpEx
−$6.1K −$7.63/SF
NOI
$14.3K $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%
$285,000
Cap Rate 7%
$203,571
Cap Rate 9%
$158,333
Alternative Uses
Best Use
Retail
$203.6K
$178.1K – $237.5K
NOI $14,250 @ 7.0% cap · market cap 893.42%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$537.6K
$470.4K – $627.2K
NOI $37,632 @ 7.0% cap · market cap 2,359.37%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
983
Businesses Nearby
118k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Groceries 42%
Dining 38%
Shops & Services 18%
Electronics 2%
Publix
Groceries
49,873 visits/mo
0.4 miles
McDonald's
Dining
26,810 visits/mo
0.3 miles
7-Eleven
Shops & Services
10,246 visits/mo
0.4 miles
Burger King
Dining
7,723 visits/mo
0.3 miles
Checkers
Dining
6,153 visits/mo
0.2 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
Market
Vacancy Rate% for Retail in Fort Lauderdale, FL
Frequently Asked Questions
What type of property is this?
Retail space - The Fort Lauderdale property is near a Pizza Hut.
Where is this retail space located?
The property is located at 3938 W Davie Boulevard #3938 Fort Lauderdale, FL.
What are key features of this property?
This property features: Retail center at 3938 W Davie Boulevard, Fort Lauderdale; Built in 1970; Near a Pizza Hut
