11 Andrews Ave Fort Lauderdale, FL 33301-1013
- Auto shops
- 9,010 SF
- 0.45 lot acres
Current Use by Public Records
- Chimney Sweep & Repair Pro Fort Lauderdale / Chimney Sweep / Masonry Contractor
Property Details for 11 Andrews Ave
- Year built
- 1967
- Construction
- CONCRETE
- Lot size
- 0.45 lot acres
- Property size
- 9,010 SF
- Zone code
- RAC-CC
- Property type
- Auto shops
- APN
- 50-42-10-01-1960
- APU
- 504210011960
Description
This 9,010-square-foot freestanding building in downtown Fort Lauderdale offers a unique blend of retail and industrial space. Situated on a 26,500-square-foot lot at the highly visible intersection of Broward Boulevard and Andrews Avenue, this property boasts unparalleled visibility and accessibility. Built in 1970, the building features 30 parking spaces and is zoned RAC-CC, allowing for a wide variety of uses. The space includes five at-grade overhead doors with lifts, ideal for automotive or similar uses, along with a retail component and additional warehouse/flex space. Its prime location places it within walking distance of Las Olas Boulevard, the Riverwalk, and numerous residential and office buildings, as well as the Fort Lauderdale Brightline Station. The flexible zoning allows for potential uses such as a gym, retail space, office, or other permitted uses, subject to application and code compliance. This property presents an exceptional opportunity for businesses seeking a high-profile location in the heart of Fort Lauderdale's central business district. The former automotive use provides existing infrastructure that can be adapted to a variety of new uses. This is a rare opportunity to secure a prominent location in a thriving urban environment.
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $9,050,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $7,925,000
- 6.5%
- $7,610,000
- 7%
- $8,310,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $8,980,000
- Geo Method
- $8,525,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $9,170,000
- Retail
- $9,185,000
- Mixed-Use
- $7,980,000
- Hospitality
- $8,850,000
- Educational
- $8,000,000
- Residential Income
- $6,885,000
- Energy
- $8,275,000
- Income-Based Land
- $7,605,000
- Food Service
- $9,040,000
Location Insight
- Map
- Local Demand
- City
- Fort Lauderdale
- County
- Broward
- State
- Florida
- Longitude
- -80.1438
- Latitude
- 26.1228
- CBSA code
- 33100
- CBSA name
- MIAMI-FORT LAUDERDALE-MIAMI BEACH, FL METROPOLITAN STATISTICAL AREA
