Mixed-Use Development with
7240 W COMMERCIAL Boulevard, Lauderhill, FL 33319
For Sale
Contact for pricing
Two buildings combine quick-service restaurant, retail, office, and medical space under C3 zoning.
Property Size9,000 SF
Lot Size1.33 Acres
Price / SF$0.01
Days on Market38
Property Features for 7240 W COMMERCIAL Boulevard
General Information
Standard status
Size
Lot size
Property subtype
Zoning
Site & Location
Drive-Thru
Pylon Signage
Traffic Count
Road Access
Mixed-Use Components
Amenities
monument sign
Building Details
Year Built
Buildings
Listing Agency:
Box Real Estate LLC
(954) 526-3900
Listed By:
Jason Chamely · License #3180591
(954) 857-1884
Source:
Stoicestates
Added: Oct 1
Changed: Nov 6
Last Checked: Nov 6 at 2:24PM
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 Box Real Estate LLC
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Investment Insights
Based on property information with market context.
This 2026 development comprises two buildings on 1.33 acres. One is planned as a freestanding quick-service restaurant with a drive-through; the other is configured for retail, office, and medical tenants in suites. Parking is provided across both parcels.
The property fronts Commercial Blvd in Lauderhill, with 200 feet along the roadway, a hard turn-in, and an existing monument sign. Commercial Blvd carries a stated traffic count of more than 54,000 vehicles per day. C3 zoning applies in the City of Lauderhill.
The property fronts Commercial Blvd in Lauderhill, with 200 feet along the roadway, a hard turn-in, and an existing monument sign. Commercial Blvd carries a stated traffic count of more than 54,000 vehicles per day. C3 zoning applies in the City of Lauderhill.
Key Highlights
- 1.33‑acre two‑building development
- Freestanding drive‑through QSR of ~2,400 sqft
- Second building planned for ~7,000 sqft of retail, office, and medical space
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$152,183
Suggested Prices Based on Cap Rates
Cap Rate 5%
$3,043,660
$3.0M
Cap Rate 7%
$2,174,043
$2.2M
Cap Rate 9%
$1,690,922
$1.7M
Market Conditions
NOI Build-Up for 9,000 SF
Gross rent
$237.6K $26.40/SF
− Vacancy
−$20.2K −$2.24/SF
EGI
$217.4K $24.16/SF
− OpEx
−$65.2K −$7.25/SF
NOI
$152.2K $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%
$3,043,660
Cap Rate 7%
$2,174,043
Cap Rate 9%
$1,690,922
Alternative Uses
Best Use
Specialty Retail
$2.48M
$2.17M – $2.89M
NOI $173,259 @ 7.0% cap · market cap 346,518.00%
Second Best
Mixed Use
$2.22M
$1.94M – $2.59M
NOI $155,250 @ 7.0% cap · market cap 310,500.00%
Theoretical Best
Office A
$4.57M
$4.00M – $5.33M
NOI $319,626 @ 7.0% cap · market cap 639,252.00%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
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Current Use
Lease Details
54,000 VPD
Traffic count
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
258
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
$228,000
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
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Market
Average Price Trend$/SF for Mixed-use properties in Broward County, FL
Properties on Market for Mixed-use properties in Broward County
Vacancy Rate% for Retail in South region
Frequently Asked Questions
What type of property is this?
Mixed-use property - Two buildings combine quick-service restaurant, retail, office, and medical space under C3 zoning.
Where is this mixed-use property located?
The property is located at 7240 W COMMERCIAL Boulevard Lauderhill, FL.
What are key features of this property?
This property features: 1.33‑acre two‑building development; Freestanding drive‑through QSR of ~2,400 sqft; Second building planned for ~7,000 sqft of retail, office, and medical space
