Property profile

1122 W Broward Blvd Fort Lauderdale, FL 33312

FOR SALE
Turn key restaurants
Property ID
US18-9179703
1,656 SF 0.18 ac lot Built 1954
Entity Owned 17-yr Hold ~ Est. High Equity
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Property summary

AI-generated overview

The property is a 0.181-acre (7,875 SF) corner site with approximately 75 ft of frontage along W Broward Blvd and 105 ft of frontage along SW 12th St. It is zoned (B-1) and supports automotive, retail, food and beverage, mixed use, and office uses. The site is located on W Broward Blvd near downtown Fort Lauderdale, directly east of the Fort Lauderdale Police Headquarters, and within an area with major planned and approved residential and commercial development. The property has a built area of approximately 1,656 SF and is accessible to key transportation routes, with Brightline high-speed rail and I-95 less than 1 mile away. It was historically operated as a restaurant (Chen's Garden) and is configured as a small commercial site with redevelopment potential consistent with the existing zoning.

Property profile

Verified
Property type Turn key restaurants
Use group RESTAURANT
Year built 1954
Construction CONCRETE
Total area 1,656 SF
Lot 0.18 ac (7,875 SF)
Zoning code B-1
APN 50-42-09-09-2460
UPID US18-9179703

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Restaurant

Location

1122 W Broward Blvd Fort Lauderdale, FL 33312
Fort Lauderdale metro Census 42602 MIAMI-FORT LAUDERDALE-MIAMI BEACH, FL METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$350k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$350k

Owner & transaction history

since 2008
1 recorded transaction
2008
$640,000

Zoning & alternative use

B-1 · Fort Lauderdale, FL
Zoning description

ize - Frontage Length - Living Units - Lot Type Block Corner Flag Internal Locked Multiple Through ZONING fake-general-subgroup Zoning Districts ABA - A-1A Beachfront Area District AIP - Airport Industrial Park District…

General category COMMERCIAL

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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More about this property
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