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Property profile & analytics
OFF-MARKET Estimated value $2,785,000
Retail space

3908 19th St Lauderhill, FL 33311-4126

23,202 SF 1 ac lot Built 1980
Entity Owned 5-yr Hold Absentee Owner Free & Clear
Property ID
US18-4630811
Property summary
AI-generated overview

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.

Property profile
Verified
Property type Retail space
Use group RETAIL STORES (PERSONAL SERVICES)
Year built 1980
Construction CONCRETE
Total area 23,202 SF
Lot 1 ac (43,373 SF)
Zoning code CW
APN 49-42-31-25-0028
UPID US18-4630811
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
$2.76M
Blend (final) Blend
$2.79M
Owner & transaction history
Lauderhill Pointe LLC · 5 yrs held
Lauderhill Pointe LLC
since 2020
4 recorded transactions
2020
Price N/A
2020
Price N/A
2019
$100
1969
Price N/A
Zoning & alternative use
CW · Lauderhill, FL
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description

welling units per acre (RMH-50). 9. Planned Unit Development (PUD). B. Commercial zoning districts. 1. Commercial, Neighborhood (CN). 2. Commercial, Community (CC). 3. Commercial, General (CG). 4. Commercial, Warehouse (CW). 5. Commercial, Office (CO). 6. Commercial, Recreation (CR). C. Industrial zoning district. 1. Industrial, Light (IL). D. Transportation…

Zone name Commercial Warehouse
General category INDUSTRIAL
Zone area 26.69 ac
Source land development regulations
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