Add Listing
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    6820-6890 Powerline Rd Fort Lauderdale, FL 33309

    Property Lookup

    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings
    Property profile & analytics

    6820-6890 Powerline Rd Fort Lauderdale, FL 33309

    View on Map
    • Retail properties & Spaces
    • 11,988 SF
    • 0.67 lot acres
    Off-Market
    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Retail properties & Spaces

    Property Details for 6820-6890 Powerline Rd

    Year built
    1977
    Lot size
    0.67 lot acres
    Property size
    11,988 SF
    Property type
    Retail properties & Spaces

    Description

    This exceptional retail opportunity presents two 800-square-foot suites within a newly renovated plaza at the high-traffic southeast corner of Powerline Road and McNab Road in Fort Lauderdale, Florida. The 11,988-square-foot building, constructed in 1977 and extensively renovated in 2024, sits on a 0.67-acre lot (29,185 square feet) and offers a total of 44 parking spaces. Currently, 1,600 square feet are available for lease, with a minimum divisible space of 800 square feet and a maximum contiguous space of 800 square feet. The property is zoned CB and boasts a building floor area ratio (FAR) of 0.41. Its Class B designation reflects its recent upgrades and prime location. Benefit from exceptional visibility from both Powerline Road and McNab Road, ensuring maximum exposure for your business. Modern interiors and ample parking complement the strategic location in a vibrant commercial area, making it ideal for various retail, dining, or professional service businesses. This single-story building offers a unique chance to establish a presence in a highly sought-after Fort Lauderdale location. The property's zip code is 33309.

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Fort Lauderdale
    County
    Broward
    State
    Florida
    Longitude
    -80.1554
    Latitude
    26.2104

    Comparable in this City

    • Value Estimation by Request
      24,461 SF

      933 Commercial Blvd

      Retail properties & Spaces • 24,461 SF
      933 Commercial Blvd, Fort Lauderdale, FL 33309
      View Details
    • Value Estimation by Request

      2991 Commercial Blvd

      Retail properties & Spaces
      2991 Commercial Blvd, Fort Lauderdale, FL 33309
      View Details
    • Value Estimation by Request
      229,034 SF

      66Th St

      Restaurants • 229,034 SF
      0 66Th St, Fort Lauderdale, FL 33309
      View Details
    • Value Estimation by Request

      6317 Andrews Ave

      Restaurants
      6317 Andrews Ave, Fort Lauderdale, FL 33309
      View Details
    • Value Estimation by Request

      141 Prospect Rd

      Flex space
      141 Prospect Rd, Oakland Park, FL 33309
      View Details
    • Value Estimation by Request
      1,057 SF

      890 50Th St

      Automotive properties • 1,057 SF
      890 50Th St, Fort Lauderdale, FL 33309
      View Details

    Similar Nearby for Sale

    • $3,490,000
      6,825 SF

      Retail Property in Fort Lauderdale

      6,825 SF retail property available for sale.
      3920 W Prospect Rd, Fort Lauderdale, FL 33309
      View Details
    • $1,000,000
      5,465 SF

      Fort Lauderdale Retail Property

      Retail property available for sale in Fort Lauderdale, Florida.
      1040 NW 53Rd St, Fort Lauderdale, FL 33309
      View Details
    • Contact for pricing
      4,860 SF

      Fort Lauderdale Warehouse Condominium

      4,860 SF warehouse condominium near DRV PNK Stadium.
      5300 NW 12Th Ave, Fort Lauderdale, FL 33309
      View Details
    • $1,200,000
      4,860 SF

      Fort Lauderdale Warehouse Condominium

      4,860 SF warehouse condo near DRV PNK Stadium.
      5300 NW 12Th Ave, Fort Lauderdale, FL 33309
      View Details
    • Contact for pricing
      1,000 SF

      Corner Storefront on Commercial Boulevard

      First floor storefront suitable for retail or restaurant use.
      3007 W Commercial Blvd, Fort Lauderdale, FL 33309
      View Details
    • Contact for pricing
      1,000 SF

      Corner Storefront on Commercial Boulevard

      First-floor retail space with high traffic and versatile B-1 zoning.
      3007 W Commercial Blvd, Fort Lauderdale, FL 33309
      View Details

    Similar Nearby for Lease

    • $0.01 SF/Yr
      31,038 SF

      Oakland Park Retail Center

      High-traffic retail space, prime location.
      1605 Oakland Park Blvd, Oakland Park, FL 33309
      View Details
    • Contact for pricing

      Fort Lauderdale Flex Space Available

      Air-conditioned flex spaces available for distribution, manufacturing, or showroom.
      700 NW 57Th Pl, Fort Lauderdale, FL 33309
      View Details
    • Contact for pricing
      908 SF

      Renovated Retail Space Available

      Recently renovated retail space in active Tamarac shopping center.
      7401-7431 NW 57Th Pl, Tamarac, FL 33309
      View Details
    • $2,292 /Mo
      10,890 SF

      Retail Space on Commercial Boulevard

      Corner retail unit with high traffic and business potential.
      1041 W Commercial Blvd, Fort Lauderdale, FL 33309
      View Details
    • $2,292 /Mo

      Retail Space on Commercial Blvd

      Corner retail unit with high traffic and business potential.
      1041 W Commercial Blvd, Fort Lauderdale, FL 33309
      View Details
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    6820-6890 Powerline Rd
    Fort Lauderdale, FL 33309
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    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.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    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.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    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
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!