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6980 Commercial Blvd Lauderhill, FL 33319-2120

OFF-MARKET Drug stores Google Maps
11,170 SF 2.31 ac lot Built 2002
Entity Owned ~ Est. High Equity
Estimated value (blended)
$1.98M
Range $1.78M – $2.18M (±10%)
Property ID US18-2093924

Property summary

AI-generated overview

This exceptional investment opportunity presents a 10,916 square foot CVS Pharmacy located at 6980 W Commercial Blvd, Lauderhill, FL 33319. The property sits on a substantial 2.32-acre lot zoned CG, offering significant potential for future development or value-add improvements. Currently operating as a CVS Pharmacy, the lease is expiring this year, presenting a unique chance for owner-user occupancy or a new lease with a different tenant. The building is classified as Class B and boasts a total square footage of 10,916 net rentable square feet. The asking price for this prime retail property is $4,250,000. Situated in Broward County, Florida, this location benefits from high visibility and strong traffic patterns. The property's size and zoning provide flexibility for various uses, making it an attractive proposition for investors seeking a strong return on investment in a desirable market. The current tenant's lease expiration opens the door to a variety of strategic options, including redevelopment, repositioning, or continued operation as a pharmacy. This is a rare opportunity to acquire a significant retail asset in a thriving Florida community.

Property profile

Verified
Property type Drug stores
Use group DRUG STORE, PHARMACY
Year built 2002
Construction CONCRETE
Total area 11,170 SF
Lot 2.31 ac (100,580 SF)
Zoning code CG
APN 49-41-15-14-0150
UPID US18-2093924

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • (Bike/Boat/Book/etc) Store
  • Party Supply Store (Bike/Boat/Book/etc) Store
  • Big Box & Wholesale Store
  • Hat Shop
  • (Bike/Boat/Book/etc) Store

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$1.98M

Owner & transaction history

since 2025
Last sale
$2.7M
4 recorded transactions
2025
$2.7M
2002
$3.7M
2002
$3.6M
2000
$1.3M

Zoning & alternative use

CG · Lauderhill, FL
Zoning description

family per diem at fifty (50) dwelling 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 (…

General category COMMERCIAL

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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