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    8456 Commercial Blvd Tamarac, FL 33351

    For Sale
    $1,550,000

    Prime 1-Acre Commercial Lot, High Growth Area

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    363
    This exceptional 1-acre commercial lot in Lauderhill, Florida, presents a unique investment opportunity. Located at 8456 W Commercial Blvd, in Broward County (zip code 33351), this property is zoned CG and offers significant development potential. The asking price is $1,550,000. Its strategic location offers immediate advantages. The property is adjacent to a new 270+ unit residential development by Prospect, ensuring a substantial built-in customer base from day one. Furthermore, its proximity to Westgate University, less than 0.7 miles away, with its 500+ units, provides additional access to a large potential customer pool. The seller is providing a shared entrance, significantly reducing infrastructure costs for the buyer. A previous special exception for a drive-thru exists, opening possibilities for various commercial uses. This prime location is ideal for a wide range of commercial ventures, including but not limited to office space, retail establishments, and restaurants. The high-growth area and existing infrastructure make this a compelling investment for developers and entrepreneurs seeking to capitalize on the burgeoning Lauderhill market. This property offers a rare chance to establish a thriving business within a vibrant and expanding community.

    Property Features for 8456 Commercial Blvd

    General Information

    Property type
    Specialty properties
    Lot Size
    43,560 SF

    HighLights

    • 1‑acre commercial lot in Lauderhill, FL (33351), located at 8456 W Commercial Blvd.
    • Zoned CG, offering significant development potential.
    • Asking price: $1,550,000.
    • Adjacent to a 270+ unit residential development and near Westgate University (500+ units), providing a large potential customer base.
    • Seller provides a shared entrance, reducing infrastructure costs.
    • Previous special exception for a drive‑thru allows for various commercial uses.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store Auto Repair Shop

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Tamarac
    County
    Broward
    State
    Florida
    Longitude
    -80.263739
    Latitude
    26.193219

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    FAQs

    What type of property is this?
    Specialty property - Prime 1-Acre Commercial Lot, High Growth Area
    Where is this specialty property located?
    The property is located at 8456 Commercial Blvd Tamarac, FL.
    What is the asking price?
    The asking price for this property is $1,550,000.
    What are key features of this property?
    This property features: 1-acre commercial lot in Lauderhill, FL (33351), located at 8456 W Commercial Blvd.; Zoned CG, offering significant development potential.; Asking price: $1,550,000.
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    8456 Commercial Blvd Tamarac, FL 33351
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