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Property profile & analytics
OFF-MARKET Estimated value $14,945,000
Retail space

1451 Federal Hwy 1535 Fort Lauderdale, FL 33304-1472

18,847 SF 3.58 ac lot Built 1984
Entity Owned 5-yr Hold ~ Est. High Equity
Property ID
US18-5031595
Property summary
AI-generated overview

This exceptional 2,048 square foot office space is ideally situated on a prime retail strip along Federal Highway (US-1) in Fort Lauderdale, between Sunrise Boulevard and Oakland Park Boulevard. The property boasts a highly desirable B-1 zoning classification and is part of a single-tenant building with a total of one suite (APN: 494236180010). This flagship location offers unparalleled visibility and accessibility, benefiting from its proximity to numerous national tenants including Cao Bakery Cafe, Wild Fork Flag Store, Sally Beauty Supply, and Metro PCS Corporate Store. The space itself totals 2,048 square feet and is currently available for lease at a promotional rate. The building's strategic location ensures high foot traffic and excellent brand exposure, making it an ideal opportunity for businesses seeking a prominent presence in a thriving commercial area. The property's single-tenant occupancy provides a unique opportunity for a business seeking a dedicated and exclusive space. This is a rare chance to secure a highly visible and well-located office space in a bustling Fort Lauderdale commercial corridor. The property is zoned B-1, offering flexibility for a variety of commercial uses.

Property profile
Verified
Property type Retail space
Use group RETAIL STORES (PERSONAL SERVICES)
Year built 1984
Construction CONCRETE
Total area 18,847 SF
Lot 3.58 ac (155,904 SF)
Zoning code B-1
APN 49-42-36-18-0010
UPID US18-5031595
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
Current use
Occupant on record · Public records
  • Wild Fork Grocery & Convenience Store Food Market
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
$14.18M
CAP Approach CAP
by Request
Comparable Approach Comparable
$17.18M
Blend (final) Blend
$14.95M
Owner & transaction history
Bh Plaza Del Mar LLC · 5 yrs held
Bh Plaza Del Mar LLC
since 2020
Last sale
$14.2M
6 recorded transactions
2020
$14.2M
2014
$13.8M
2011
Price N/A
2005
$10.5M
2004
$9.8M
1969
Price N/A
Zoning & alternative use
B-1 · Fort Lauderdale, FL
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Restaurant $16.1M +51.0%
Auto repair, garage $15.3M +43.3%
Commercial (general) $14.9M +40.2%
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