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    1700 W Commercial Blvd Fort Lauderdale, FL 33334
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    Property profile & analytics

    1700 W Commercial Blvd Fort Lauderdale, FL 33334

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    • Banks
    • 4,240 SF
    • 1.88 lot acres
    For Sale
    $3,750,000
    View Listing →
    Prime Fort Lauderdale Location For Sale
    $3,750,000
    4,127 SF

    Prime Fort Lauderdale Location

    Excellent exposure, accessibility, ideal for offices or retail.

    1700 W Commercial Blvd, Fort Lauderdale, FL
    View Listing
    Property ID
    US18-0778216
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.
    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • The Car Salon Hand Car Wash / Car Wash
    • Wells Fargo Advisors / Financial Advisor
    • Wells Fargo ATM / Atm
    • Wells Fargo Bank / Bank / Loan Service

    Property Details for 1700 W Commercial Blvd

    Year built
    1983
    Construction
    CONCRETE
    Lot size
    1.88 lot acres
    Property size
    4,240 SF
    Zone code
    AIP
    Property type
    Banks
    APN
    49-42-16-15-0011
    APU
    494216150011

    Value Estimations

    based on Realmo’s proprietary methodology

    • Comparable approach

      Method
      Estimation
      Statistic Estimate
      $2,375,000
      Market price range: $1.69M - $3.71M

    • Alternative Use

      Use
      Estimation
      FINANCIAL BUILDING
      $2,600,000
      Current use
      AUTO REPAIR, GARAGE
      $3,435,000
      Change: +32% Conversion: Difficult
      NEIGHBORHOOD: SHOPPING CENTER
      $3,190,000
      Change: +23% Conversion: Difficult
      COMMERCIAL (GENERAL)
      $2,195,000
      Change: -16% Conversion: Difficult

    Get a detailed, property-specific estimation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    Fort Lauderdale
    County
    Broward
    State
    Florida
    Longitude
    -80.1665
    Latitude
    26.1878
    CBSA code
    33100
    CBSA name
    MIAMI-FORT LAUDERDALE-MIAMI BEACH, FL METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $49,675
    $1,067,270
    $1,184,730
    $2,252,000
    -
    $1,067,270
    $1,184,730
    $2,252,000

    Comparable in this City

    • Value Estimation
      $2,960,000
      8,161 SF

      3850 Commercial Blvd

      FINANCIAL BUILDING • 8,161 SF
      3850 Commercial Blvd, Tamarac, FL 33309-3316
      View Details
    • Value Estimation
      $545,000
      3,150 SF

      2350 Commercial Blvd

      FINANCIAL BUILDING • 3,150 SF
      2350 Commercial Blvd, Fort Lauderdale, FL 33309-3038
      View Details
    • Value Estimation by Request
      529 SF

      851 62nd St

      FINANCIAL BUILDING • 529 SF
      851 62nd St, Fort Lauderdale, FL 33309-2009
      View Details
    • Value Estimation by Request
      3,932 SF

      6260 Powerline Rd

      FINANCIAL BUILDING • 3,932 SF
      6260 Powerline Rd, Fort Lauderdale, FL 33309-2018
      View Details
    • Value Estimation
      $550,000
      3,467 SF

      3833 Commercial Blvd

      FINANCIAL BUILDING • 3,467 SF
      3833 Commercial Blvd, Tamarac, FL 33309-3315
      View Details
    • Value Estimation
      $885,000
      8,277 SF

      4295 Andrews Ave

      FINANCIAL BUILDING • 8,277 SF
      4295 Andrews Ave, Oakland Park, FL 33309-4741
      View Details

    Similar Nearby for Sale

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      6,825 SF

      Retail Property in Fort Lauderdale

      6,825 SF retail property available for sale.
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    • Contact for pricing
      4,860 SF

      Fort Lauderdale Warehouse Condominium

      4,860 SF warehouse condominium near DRV PNK Stadium.
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    • $1,200,000
      4,860 SF

      Fort Lauderdale Warehouse Condominium

      4,860 SF warehouse condo near DRV PNK Stadium.
      5300 NW 12Th Ave, Fort Lauderdale, FL 33309
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    • $3,900,000

      Oakland Park Mixed-Use Investment

      Two-parcel investment opportunity in Oakland Park's culinary and retail district.
      3419 Andrews Ave, Oakland Park, FL 33309
      View Details
    • Contact for pricing
      1,000 SF

      Corner Storefront on Commercial Boulevard

      First floor storefront suitable for retail or restaurant use.
      3007 W Commercial Blvd, Fort Lauderdale, FL 33309
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    • $1,000,000
      5,465 SF

      Fort Lauderdale Retail Property

      Retail property available for sale in Fort Lauderdale, Florida.
      1040 NW 53Rd St, Fort Lauderdale, FL 33309
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    Similar Nearby for Lease

    • Contact for pricing
      908 SF

      Renovated Retail Space Available

      Recently renovated retail space in active Tamarac shopping center.
      7401-7431 NW 57Th Pl, Tamarac, FL 33309
      View Details
    • Contact for pricing
      2,340 SF

      Retail Space in Fort Lauderdale

      Open-air shopping center with diverse tenants and high traffic.
      6201 N Andrews Ave, Fort Lauderdale, FL 33309
      View Details
    • Contact for pricing
      800 SF

      Retail Space Available For Rent

      Retail space available for rent in Fort Lauderdale, Florida.
      6870-6890 Powerline Rd, Fort Lauderdale, FL 33309
      View Details
    • $16 SF/Yr

      Retail Space on Commercial Boulevard

      Retail suites available for lease with excellent visibility and frontage.
      933-941 W Commercial Blvd, Fort Lauderdale, FL 33309
      View Details
    • Contact for pricing
      11,307 SF

      Retail-Showroom Warehouse Bays For Rent

      Retail-showroom type warehouse bays available for lease.
      6003-6063 NW 31St Ave, Fort Lauderdale, FL 33309
      View Details
    • Contact for pricing
      1,440 SF

      Renovated End Cap Unit

      Newly renovated retail space in Oakland Park, Florida.
      3720-3798 N Andrews Ave, Oakland Park, FL 33309
      View Details
    View Listing
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    Fort Lauderdale, FL 33334
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    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

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