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Property profile & analytics
OFF-MARKET
Commercial land
3650 Commercial Blvd Tamarac, FL 33309-3312
Entity Owned
1-yr Hold
Free & Clear
Property ID
US18-4226889
Property summary
AI-generated overview
This exceptional 3.07-acre commercial redevelopment opportunity in Fort Lauderdale, Florida, presents a unique chance to capitalize on a high-traffic location. The property, located at 3650 W Commercial Blvd (APN: 494218000095, 494218130010), is zoned MU-C and includes two existing retail structures, ample parking, and an additional 1.02-acre vacant parcel. The site boasts over 300 feet of frontage on W Commercial Boulevard, a major thoroughfare with an annual traffic count exceeding 50,000 vehicles. This high visibility ensures excellent exposure for any new development. The surrounding area is a thriving mix of national and local retailers, restaurants, and residential communities, providing a strong customer base. The property's strategic location offers easy access to Florida's Turnpike and I-95, as well as proximity to Fort Lauderdale Executive Airport. While a cellular tower is present on the property, it is not included in the sale
Property profile
Verified
Property type
Commercial land
Use group
VACANT COMMERCIAL LAND
Year built
1973
Total area
828 SF
Lot
1.02 ac (44,644 SF)
Zoning code
MU-C
APN
49-42-18-00-0095
UPID
US18-4226889
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
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
by Request
Owner & transaction history
City Of Tamarac · 1 yrs held
City Of Tamarac
since 2025
3 recorded transactions
Zoning & alternative use
MU-C · Tamarac, FL
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Cap rate
Implied · in-place · derived from last sale + estimated NOI
Implied Cap rate
#1
Implied · in-place · NOI ÷ last sale
In-place · derived from last sale + estimated NOI
Cap rate, NOI & submarket benchmark
Implied cap rate vs Tamarac submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Tamarac submarket · NOI estimate · typical band, median & reading
Refine your cap rate
8-question underwriting flow
1.
Property current status — Going-In vs Stabilized
2.
Price for denominator — asking / offer / market
3.
Leasing status & lease structure (NNN / Gross)
4.
Tenant risk profile & vacancy assumption
5.
Upload T12 / rent roll / OM (optional)
Refine in 60 seconds, get exact suggested price
T12 upload · Submarket benchmarks · Sensitivity grid
Suggested price · 3 cap rate anchors
Income approach @ 5% / 7% / 9% — aggressive / typical / conservative
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · Implied $/SF per anchor · Sensitivity grid
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · implied $/SF · sensitivity
Value
AI, CAP & Alternative Use estimations · Realmo proprietary blendValue Estimations
Based on Realmo’s proprietary methodology
AI Approach
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
—
Submarket sale & rent benchmarks
Median sale $/SF · Asking & closed rent · Submarket vacancy
Submarket sale & rent benchmarks
Median sale $/SF · asking & closed rent · submarket vacancy
Property tax & assessments
Tax year 2023Property tax & assessments
Tax year 2023
Tax billed
$16,588
Tax year 2023
Assessed value
$714,300
Assessed 2023
Previous assessed
$714,300
+0.0% YoY
Effective rate
2.32%
On assessed value
Assessed land
$714,300
Land market value
$714,300
Total market value
$714,300
Applied tax rate
3,112.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Commercial land
Use group
VACANT COMMERCIAL LAND
Status
Off-Market
Year built
1973
Heating
NONE
Total area
828 SF
Lot
1.02 ac (44,644 SF)
Zoning code
MU-C
APN
49-42-18-00-0095
UPID
US18-4226889
Jurisdiction
BROWARD
Metro division
FORT LAUDERDALE-POMPANO BEACH-DEERFIELD BEACH, FL METROPOLITAN DIVISION
Zoning & alternative use
MU-C · Tamarac, FL
Zoning MU-C · permitted uses
MU-C · Tamarac, FL
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Tamarac. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1973
Heating
NONE
Lot
1.02 ac
Current owner
From public records · entity-resolved
City Of Tamarac
Entity
Free & Clear · 1 yrs held
Mailing address
3235 NE 211TH TER, AVENTURA, FL 33180-3689
Ownership since
2025
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
3 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
May 20, 2025
—
City Of Tamarac
Raquel Rothman
Personal Rep. Deed
—
Feb 18, 2005
—
Cp Realty II LLC
Cp Realty LLC
Quit Claim Deed
related
—
Dec 9, 2002
—
C P Realty LLC
Rothman,david
Quit Claim Deed
related
—
Coming soon
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Coming soon
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
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