0 Commercial Blvd, Sunrise, FL 33351
This exceptional ±3.32-acre commercial development site in Lauderhill, Florida, presents a remarkable investment opportunity. Priced at $7,100,000, this property comprises five parcels totaling approximately 29,000 square feet each, offering 500 feet of frontage on a major, busy roadway and waterfront access. The land is zoned CG by the City of Lauderhill and boasts approvals for multi-family development at a density of 45 units per acre. Alternative uses, including mixed-use retail or office space, are also permissible. The strategic location on West Commercial Boulevard, near North University Drive, provides excellent visibility and accessibility. Furthermore, its proximity to Florida's Turnpike, I-75, and I-95 ensures convenient access to major transportation arteries. The seller will consider a build-to-suit leaseback/sale arrangement. The property's APN numbers are 494116080180, 494116080190, 494116080200, 494116080210, and 494116080220. This prime location and flexible zoning make this an ideal opportunity for developers seeking a high-impact project in a thriving Broward County market. The property is situated in the city of Lauderhill, with a 33351 zip code.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
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Risks
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