3908 19Th Ct Lauderhill, FL 33311
- Retail space
- 23,202 SF
- 1.00 lot acres
Current Use by Public Records
- AMMO STORE / Sporting Goods Store
- Lauderhill Pointe Plaza / Shopping Mall
Property Details for 3908 19Th Ct
- Year built
- 1980
- Construction
- CONCRETE
- Lot size
- 1.00 lot acres
- Property size
- 23,202 SF
- Zone code
- CW
- Property type
- Retail space
- APN
- 49-42-31-25-0028
- APU
- 494231250028
Description
Lauderhill Pointe, a 38,261 square foot shopping center in Lauderhill, Florida, presents a compelling investment opportunity. This multi-tenant property, situated on a 2.64-acre lot at 3908 NW 19th St, 33311, boasts 100 parking spaces and a strong NOI of $638,911. Built in 1981 and recently renovated with attractive exterior wooden accents, the center features a diverse tenant mix, including a brewery and a CPA firm, ensuring a reliable income stream. The property's location in the heart of Broward County, within an Opportunity Zone, offers significant potential for future growth. The asking price is $8,450,000, representing a substantial return on investment. The property's APN is 4942-31-25-0028; 4942-31-25-0040. Pro forma market NOI projections exceed $900,000, indicating significant upside potential. This well-maintained retail center provides a stable and attractive investment opportunity in a thriving Florida market. The property's strong tenant base and prime location make it an ideal addition to any diversified portfolio. This is a rare opportunity to acquire a high-performing asset in a desirable location with significant growth potential.
Value Estimations
-
AI approach
- Method
- Estimation
- ML approach
- $635,000
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Location Insight
- Map
- Local Demand
- City
- Lauderhill
- County
- Broward
- State
- Florida
- Longitude
- -80.2014
- Latitude
- 26.1498
- CBSA code
- 33100
- CBSA name
- MIAMI-FORT LAUDERDALE-MIAMI BEACH, FL METROPOLITAN STATISTICAL AREA
