Property profile

7240 W Commercial Blvd Lauderhill, FL 33319

FOR LEASE
Parking lots & garages
Saved · see the list in your Dashboard
Property ID
US18-2703925
2,521 SF 0.67 ac Built 1987
Last sale Feb 2023·$2,175,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 3-yr Hold Held for 3 years. Free & Clear No active or open recorded mortgage detected.
Market Trends Soon

Property summary

AI-generated overview

This exceptional new development in Lauderhill, Florida, offers 9,500 square feet of Class A retail, office, and medical space situated on a 1.33-acre lot (57,998 square feet) with 200 feet of frontage on heavily trafficked Commercial Boulevard (54,000+ daily traffic count). The property boasts two single-story buildings, totaling six suites, with a minimum divisible space of 1,500 square feet and a maximum contiguous space of 7,000 square feet. One building is a 2,400 square foot…

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. Included with a plan.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with a plan.

Debts

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — included with a plan.

Property tax · 2023

What does the county charge?
$10k
Tax billed · 2023
Assessed value$494k
Assessed land$464k
Assessed improvement$30k
Effective rate2.12%

Value estimate

· Nov 2026
$2.29M
$2.06M – $2.51M
AI approach$2.37M
NOI build-up
Gross scheduled income$216k
Vacancy & credit loss−$18k
Operating expenses−$79k
NOI · 237,168.00% cap applied$119k

Realmo valuation models over county records.

Recently sold

What actually traded nearby?
$1,797/SF
Submarket average, outlier-cleaned · 34 recorded sales of this use type
Observed band · Q1–Q3$411 – $3,289

Cap rate analysis

How does the asset earn?
237,168.00%
$119k estimated NOI · market benchmarks for this use type

Price anchors at 6 / 6.5 / 7% — in the full report.

Zoning insight

What can be built here?
CG
family per diem at fifty (50) dwelling units per acre (RMH-50). 9. Planned Unit Development (PUD). B. Commercial zoning districts. 1. Com...
General categoryCOMMERCIAL
JurisdictionBROWARD

Location intelligence

Which uses thrive at this corner?
Best fit: Parking Facility
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Parking Facility14.6
Convenience Store12.3
Law Firm12.3

Location

7240 W Commercial Blvd Lauderhill, FL 33319
County assessor Recorded deeds · 3 transfers Qualifying comp sales · not on file Zoning catalog

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

6 recorded sales · 18 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
6400 Commercial, Tamarac, FL 33319-2111 $3,000,000 Mar 2023 3,721 SF
4046 44th, Lauderdale Lakes, FL 33319-5863 $14,000,000 Dec 2022 6,196 SF
4999 State Rd 7th, Tamarac, FL 33319-5809 $6,725,000 Jul 2021 3,043 SF
5001 State Rd 7th, Tamarac, FL 33319-3315 $2,630,800 Feb 2020 2,285 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
Research This Page with AI

Rey answers here. ChatGPT, Grok and Claude get the same data packet.

Includes: Price & PSF · Cap rate · Location · Zoning

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