Open-Plan Retail
For Sale
Contact for pricing
4448 Inverrary Blvd Unit M, Lauderhill, FL 33319
Open commercial layout with ample parking and convenient access along a busy corridor.
Property Size1,095 SF
Price / SF$2.39
Days on Market51
Property Features for 4448 Inverrary Blvd Unit M
General Information
Standard status
Active
Size
1,095 SF
Property subtype
Mixed Use
Additional Details
Public Transit
Yes
Amenities
Square Feet: 1095
Sewer: Public Sanitation
Parcel Number: 494115AA0130, Tax Legal Description: INVERRARY BLVD PLAZA CONDO UNIT M PER CDO BK/PG: 32658/971
Cooling: Central Individual A/C
Heating: Central Electric
Business Type: Church, Existing Lease Type: NNN, Lease Considered, Lease Renewal Option, Lease Term: 1 To 3 Year Lease,Renewal Option, Special Listing Conditions: Lease, Standard Status: Active
Year Built: 1975, Building Area Total: 1095, Structure Type: Commercial
County Or Parish: Broward County, Unit Number: M
Current Use: Commercial Lease, Leasable Area Units: Square Feet, Leasable Area: 1095
Units In Community: 1
Possession: Funding
Tenant Pays: A/C & Heating Maintenance, Common Area Maintenance, Electricity, Inside Insurance
Water Source: Public
Road Frontage Type: City Street
Building Details
Year Built
1975
Listing Agency:
Halo Realty
(848) 229-1810
Listed By:
Gladys Nicolas-McDonald · License #3562547
(954) 318-8486
Source:
Riserealty
Added: Sep 1
Changed: Oct 19
Last Checked: Oct 19 at 9:50AM
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 Halo Realty
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Investment Insights
Based on property information with market context.
This 1,095-square-foot retail space at 4448 Inverrary Blvd M features an open floor plan suited to retail, office, service-based business, or church use. The property was built in 1975 and includes ample parking for visitors and occupants.
Positioned along a busy corridor in Lauderhill, the space offers convenient access and measurable transportation context, with a Walk Score of 16, Bike Score of 36, and Transit Score of 37. Its open configuration provides a flexible base for a range of commercial or organizational operations.
Positioned along a busy corridor in Lauderhill, the space offers convenient access and measurable transportation context, with a Walk Score of 16, Bike Score of 36, and Transit Score of 37. Its open configuration provides a flexible base for a range of commercial or organizational operations.
Key Highlights
- 1,095 SF retail space
- Open floor plan supports flexible commercial use
- Ample parking on site
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$18,516
Suggested Prices Based on Cap Rates
Cap Rate 5%
$370,320
$370.3K
Cap Rate 7%
$264,514
$264.5K
Cap Rate 9%
$205,733
$205.7K
Market Conditions
NOI Build-Up for 1,095 SF
Gross rent
$28.9K $26.40/SF
− Vacancy
−$2.5K −$2.24/SF
EGI
$26.5K $24.16/SF
− OpEx
−$7.9K −$7.25/SF
NOI
$18.5K $16.91/SF
Area
Broward County, FL
Vacancy
8.50%
Lease Rate
$26.40 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$370,320
Cap Rate 7%
$264,514
Cap Rate 9%
$205,733
Alternative Uses
Best Use
Office B
$414.6K
$362.8K – $483.7K
NOI $29,023 @ 7.0% cap · market cap 1,109.87%
Second Best
Retail
$264.5K
$231.5K – $308.6K
NOI $18,516 @ 7.0% cap · market cap 708.07%
Theoretical Best
Office A
$555.5K
$486.1K – $648.1K
NOI $38,888 @ 7.0% cap · market cap 1,487.11%
Zoning and permitted uses should be independently verified with authorities.
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Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
664
Businesses Nearby
Explore this area
Business Placement
Demographics for 33319, FL
51,891
Population
25,046
Households
2.1
Avg Household Size
44
Median Age
25%
College-Educated
86%
High-School Grad
6.8 sq mi
ZIP Area
7,631
Density / Sq Mi
$55,071
Median Household Income
$35,218
Median Earnings
$1,633
Median Rent
$228,000
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Office in South region
Frequently Asked Questions
What type of property is this?
Retail space - Open commercial layout with ample parking and convenient access along a busy corridor.
Where is this retail space located?
The property is located at 4448 Inverrary Blvd Unit M Lauderhill, FL.
What are key features of this property?
This property features: 1,095 SF retail space; Open floor plan supports flexible commercial use; Ample parking on site
