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Property profile & analytics
FOR SALE
Automotive properties

2790 W Broward Blvd Fort Lauderdale, FL 33312

2,243 SF 0.38 ac lot Built 1955
Entity Owned 3-yr Hold Free & Clear
Property ID
US18-3768183
Property summary
AI-generated overview

This exceptional 1.2-acre commercial property in Fort Lauderdale, Florida, presents a remarkable redevelopment opportunity. Located at 2790 W Broward Blvd, this B-1 zoned lot boasts 2,640 square feet of existing building space suitable for various uses, including auto shop, storefront, or quick-service restaurant (QSR). The property's strategic location offers ±670 feet of total frontage, with 150 feet directly on Broward Boulevard, a major artery leading into Downtown Fort Lauderdale. Its proximity to I-95 (less than half a mile) and Downtown Fort Lauderdale (under two miles) ensures high visibility and accessibility. The asking price is $3,950,000, translating to a land value of $76 per square foot. The site's zoning allows for significant development potential, including the possibility of constructing a building up to 150 feet high with unlimited residential density under Florida's Live Local Act, making it ideal for mixed-use projects or large-scale commercial ventures. Thriving neighboring businesses include Wawa, Starbucks, Walmart, Planet Fitness, Marshalls, Chipotle, and Spin Car Wash, indicating a strong commercial environment. This property is perfect for national brands seeking a high-traffic location with substantial development potential. The APN is 504208010040. This is a rare opportunity to acquire a prime piece of real estate in a rapidly growing area.

Property profile
Verified
Property type Automotive properties
Use group VEHICLE SALES, RENTALS
Year built 1955
Construction CONCRETE
Total area 2,243 SF
Lot 0.38 ac (16,456 SF)
Zoning code B-1
APN 50-42-08-01-0040
UPID US18-3768183
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
  • Tony's Repair Inc Auto Repair Shop
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
$2.13M
CAP Approach CAP
by Request
Comparable Approach Comparable
$2.43M
Blend (final) Blend
$2.06M
Owner & transaction history
2790 LLC · 3 yrs held
2790 LLC
since 2022
Last sale
$1.7M
2 recorded transactions
2023
Price N/A
2022
$1.7M
Zoning & alternative use
B-1 · Fort Lauderdale, FL
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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