For Sale
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Property summary
This 3,093 square foot vacant building presents a prime redevelopment opportunity in Deerfield Beach, Florida. Situated on a 1.34-acre lot, this single-story structure boasts a highly visible location on S Military Trail, between Palm Trails Plaza and Sawgrass Promenade. The property benefits from exceptional daily traffic counts (approximately 29,000 vehicles on S Military Trail and 73,200 at the nearby intersection of S Military Trail and SW 10th Street). Its Business Community (B-1) zoning allows for versatile commercial uses. The location offers convenient access to major roadways including I-95, US Route 1, the Sawgrass Expressway, and the Florida Turnpike, placing it within easy reach of a substantial population base. Within a 5-mile radius, there are over 330,000 people with an average household income exceeding $112,000, and over 205,000 employees. The area is densely populated with residential neighborhoods and boasts a strong retail presence, including national chains like Walmart, Publix, Target, and many restaurants. Previously occupied by Wendy's until Q2 2024, this property offers significant potential for a variety of QSR or restaurant concepts, or other compatible businesses. The property is 800 feet from SW 10th Street and 3.2 miles from Broward Health North.
Property profile
VerifiedCap rate & NOI
Value estimations
Owner & transaction history
Zoning & alternative use
The purpose of this district is to identify within the area defined by the land use element of the comprehensive plan for commercial development, areas where selected commercial activities can be established in a manner…
Comparables
6 recent transactions · within 1.5 miComparable in this City
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Value estimation
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Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
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Price sensitivity
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Property tax & assessments
Tax year 2023Property description
Physical attributes from public recordsZoning & alternative use
B-1 · Deerfield Beach, FLThe purpose of this district is to identify within the area defined by the land use element of the comprehensive plan for commercial development, areas where selected commercial activities can be established in a manner…
Zoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
Zoning designation
What can be built and operated here — officially.
The district profile from the municipal source: what is on file for B-1 in Deerfield Beach, FL.
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