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    3908 19Th Ct Lauderhill, FL 33311

    Sponsored
    For Sale
    $8,450,000

    High-Yield Retail Investment, Broward County

    Property size:
    38,261 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    Lauderhill Pointe, a 38,261 square foot shopping center in Lauderhill, Florida, presents a compelling investment opportunity. This multi-tenant property, situated on a 2.64-acre lot at 3908 NW 19th St, 33311, boasts 100 parking spaces and a strong NOI of $638,911. Built in 1981 and recently renovated with attractive exterior wooden accents, the center features a diverse tenant mix, including a brewery and a CPA firm, ensuring a reliable income stream. The property's location in the heart of Broward County, within an Opportunity Zone, offers significant potential for future growth. The asking price is $8,450,000, representing a substantial return on investment. The property's APN is 4942-31-25-0028; 4942-31-25-0040. Pro forma market NOI projections exceed $900,000, indicating significant upside potential. This well-maintained retail center provides a stable and attractive investment opportunity in a thriving Florida market. The property's strong tenant base and prime location make it an ideal addition to any diversified portfolio. This is a rare opportunity to acquire a high-performing asset in a desirable location with significant growth potential.

    Property Features for 3908 19Th Ct

    General Information

    Property type
    Lifestyle centers
    Square Feet
    38,261 SF
    Lot Size
    114,998 SF

    Building Details

    Year Built
    1981

    HighLights

    • $8,450,000 asking price for this Lauderhill, FL shopping center.
    • 38,261 square foot retail center on a 2.64‑acre lot.
    • 100 parking spaces available.
    • Multi‑tenant property with a strong NOI of $638,911.
    • Built in 1981, with renovated exterior.
    Property Profile Location Intelligence

    Current Use by Public Records

    Lifestyle centers

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

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

    Location Insight

    • Map
    • Local Demand
    City
    Lauderhill
    County
    Broward
    State
    Florida
    Longitude
    -80.2012923
    Latitude
    26.1500538

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    FAQs

    What type of property is this?
    Lifestyle center - High-Yield Retail Investment, Broward County
    Where is this lifestyle center located?
    The property is located at 3908 19Th Ct Lauderhill, FL.
    What is the asking price?
    The asking price for this property is $8,450,000.
    What are key features of this property?
    This property features: $8,450,000 asking price for this Lauderhill, FL shopping center.; 38,261 square foot retail center on a 2.64-acre lot.; 100 parking spaces available.
    Request Owner's contact information
    3908 19Th Ct Lauderhill, FL 33311
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    Lauderhill, FL 33311
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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
    3908 19Th Ct Lauderhill, FL 33311
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