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    FOR LEASE
    Parking lots & garages

    1197 S Military Trl, Deerfield Beach, FL 33442

    0.11 ac lot Built 1987
    Entity Owned 1-yr Hold Free & Clear
    Property ID
    US18-4135228
    Property summary
    AI-generated overview

    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
    Verified
    Property type Parking lots & garages
    Use group PARKING LOT
    Year built 1987
    Lot 0.11 ac (4,806 SF)
    Zoning code B-1
    APN 48-42-11-06-0024
    UPID US18-4135228
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Value estimations
    Realmo proprietary · 4 methods
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    Owner & transaction history
    La Brasa LLC · 1 yrs held
    La Brasa LLC
    since 2025
    Last sale
    $10,000
    7 recorded transactions
    2025
    $2.3M
    2025
    $10,000
    2016
    $5,500
    2016
    $36,641
    2016
    $36,641
    2000
    $8,900
    1997
    $850,000
    Zoning & alternative use
    B-1 · Deerfield Beach, FL
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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