3045 Broward Blvd Fort Lauderdale, FL 33312
- Retail space
- 3,664 SF
- 0.17 lot acres
Current Use by Public Records
- Retail space
Property Details for 3045 Broward Blvd
- Year built
- 1953
- Construction
- CONCRETE
- Lot size
- 0.17 lot acres
- Property size
- 3,664 SF
- Zone code
- B-2
- Property type
- Retail space
- APN
- 50-42-05-14-1130
- APU
- 504205141130
Description
This exceptional investment opportunity presents a vacant, 3,664-square-foot flex building situated on a 7,202-square-foot lot in Fort Lauderdale, Florida. Located at 3045 W Broward Blvd, this single-story, free-standing structure boasts a prime corner location with high visibility directly on Broward Boulevard. Built in 1960, the building is classified as Class C and currently zoned B-2, allowing for a wide range of commercial uses, including retail, office, restaurant/bar, and automotive businesses. The asking price is $1,850,000, translating to $504.91 per square foot. The property's adaptable layout makes it ideal for owner-occupiers seeking a versatile space to suit their specific business needs. Its convenient location in unincorporated Broward County, within the 33312 zip code, offers excellent access to major transportation routes and a thriving local market. This is a rare chance to acquire a well-positioned, vacant commercial property with significant potential for immediate occupancy and future appreciation. The property's single-unit configuration simplifies management and ownership. This represents a compelling investment opportunity for those seeking a flexible, high-visibility commercial space in a desirable location.
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $330,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $400,000
- 6.5%
- $380,000
- 7%
- $390,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $465,000
- Geo Method
- $370,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $435,000
- Retail
- $440,000
- Mixed-Use
- $395,000
- Hospitality
- $370,000
- Educational
- $405,000
- Residential Income
- $360,000
- Energy
- $475,000
- Income-Based Land
- $500,000
- Food Service
- $415,000
Location Insight
- Map
- Local Demand
- City
- Fort Lauderdale
- County
- Broward
- State
- Florida
- Longitude
- -80.185
- Latitude
- 26.1217
- CBSA code
- 33100
- CBSA name
- MIAMI-FORT LAUDERDALE-MIAMI BEACH, FL METROPOLITAN STATISTICAL AREA
