3090 Broward Blvd Fort Lauderdale, FL 33312
- Auto shops
- 3,240 SF
- 0.53 lot acres
Current Use by Public Records
- Atlantic Tires & Auto Repair / Tire Shop
- Wheel Fix It Broward / Tire Shop / Aluminum Welder
- Express Transmissions / Car Repair And Maintenance Service
Property Details for 3090 Broward Blvd
- Year built
- 1990
- Construction
- CONCRETE
- Lot size
- 0.53 lot acres
- Property size
- 3,240 SF
- Zone code
- B-1
- Property type
- Auto shops
- APN
- 50-42-08-01-0110
- APU
- 504208010110
Description
This thriving automotive and tire repair shop in Fort Lauderdale, Florida, presents a unique investment opportunity. Located at 3090 W Broward Blvd, in Broward County (zip code 33312), this corner unit benefits from high traffic volume on a busy section of Broward Boulevard. The 1990-built property features four service bays, three lifts (including one alignment lift), along with essential equipment including an alignment machine, tire machine, air compressor, and various tools. The shop also includes a fully equipped office, a receptionist/waiting area, computers, a phone system, security cameras, and a central computer system. Additional amenities include a refrigerator and ladder. The business is well-established and profitable, servicing all makes and models of vehicles. A long-term or short-term lease is available for the new owner, providing flexibility for the next operator. The motivated seller makes this an attractive proposition for a quick close. The property is offered at an asking price of $420,000. Please schedule a viewing appointment; do not disturb the employees.
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $475,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $360,000
- 6.5%
- $370,000
- 7%
- $350,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $310,000
- Geo Method
- $345,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $360,000
- Retail
- $380,000
- Mixed-Use
- $365,000
- Hospitality
- $295,000
- Educational
- $295,000
- Residential Income
- $375,000
- Energy
- $310,000
- Income-Based Land
- $375,000
- Food Service
- $345,000
Location Insight
- Map
- Local Demand
- City
- Fort Lauderdale
- County
- Broward
- State
- Florida
- Longitude
- -80.1858
- Latitude
- 26.121
- CBSA code
- 33100
- CBSA name
- MIAMI-FORT LAUDERDALE-MIAMI BEACH, FL METROPOLITAN STATISTICAL AREA