Sign Up Successful!
You now have access to more from Realmo!
Property Lookup
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings
    Property profile & analytics

    7041 Commercial Blvd, Unit 7111 Lauderhill, FL 33319-2145

    • Investment properties
    • 42,348 SF
    • 4.94 lot acres
    OFF-MARKET
    Value Estimations
    $12,675,000
    Show details
    Cap Rate Potential
    Location Intelligence
    Property ID
    US18-5248216
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • SFS Permits / Courier Service / Notary Public
    • LUSH STUDIO / Beauty Salon
    • Gorgeouz Productz / Beauty Product Supplier
    • Kalalou / Restaurant
    • Kalalou Caribbean Bar & Grill Fort Lauderdale / Caribbean Restaurant

    Property Details for 7041 Commercial Blvd

    Year built
    1981
    Construction
    CONCRETE
    Lot size
    4.94 lot acres
    Property size
    42,348 SF
    Zone code
    MU-G
    Property type
    Investment properties
    Property subtype
    Retail residential properties
    APN
    49-41-10-10-0010
    APU
    494110100010

    Value Estimations

    based on Realmo’s proprietary methodology

    • CAP approach

      CAP Return
      Estimation
      6%
      $10,830,000
      6.5%
      $9,995,000
      7%
      $9,285,000

    • Comparable approach

      Method
      Estimation
      Statistic Estimate
      $15,678,000
      Market price range: $10.4M - $38.5M
      AI Estimate
      $12,351,000
      Market price range: $7.09M - $23.3M

    • Alternative Use

      Use
      Estimation
      INDUSTRIAL (GENERAL)
      $19,900,000
      MEDICAL BUILDING
      $19,735,000

    Get a detailed, property-specific valuation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    Lauderhill
    County
    Broward
    State
    Florida
    Longitude
    -80.2463
    Latitude
    26.1944
    CBSA code
    33100
    CBSA name
    MIAMI-FORT LAUDERDALE-MIAMI BEACH, FL METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $134,567
    $2,153,550
    $1,813,450
    $3,967,000
    -
    $2,153,550
    $1,813,450
    $3,967,000

    Comparable in this City

    • Value Estimation
      $6,695,000
      56,011 SF

      5460 State Rd 7th 7

      STORE/OFFICE (MIXED USE) • 56,011 SF
      5460 State Rd 7th 7, Fort Lauderdale, FL 33319-2952
      View Details
    • Value Estimation
      $2,800,000
      19,852 SF

      5440 State Rd 7th 7

      STORE/OFFICE (MIXED USE) • 19,852 SF
      5440 State Rd 7th 7, Fort Lauderdale, FL 33319-2956
      View Details
    • Value Estimation by Request
      618 SF

      3401 State Rd 7b-12

      OFFICE/RESIDENTIAL (MIXED USE) • 618 SF
      3401 State Rd 7b-12, Lauderdale Lakes, FL 33319
      View Details
    • Value Estimation by Request
      618 SF

      3401 State Rd 7b-11

      OFFICE/RESIDENTIAL (MIXED USE) • 618 SF
      3401 State Rd 7b-11, Lauderdale Lakes, FL 33319
      View Details
    • Value Estimation by Request
      620 SF

      3401 State Rd 7b-8

      OFFICE/RESIDENTIAL (MIXED USE) • 620 SF
      3401 State Rd 7b-8, Lauderdale Lakes, FL 33319
      View Details
    • Value Estimation by Request
      616 SF

      3401 State Rd 7b-7

      OFFICE/RESIDENTIAL (MIXED USE) • 616 SF
      3401 State Rd 7b-7, Lauderdale Lakes, FL 33319
      View Details

    Similar Nearby for Sale

    • $180,000

      Established Computer Repair Business

      High-growth potential, profitable business.
      State Road 7, Tamarac, FL 33319
      View Details
    • $89,000

      Lauderhill Restaurant - Turnkey Opportunity

      Established Restaurant, Fully Equipped, Licenses Included
      5256 University Dr, Lauderhill, FL 33319
      View Details
    • Contact for pricing
      0.83 Acres

      Prime Tamarac Medical Office Space

      Fully equipped, immediate occupancy, great parking.
      7491 Oakland Park Blvd, Tamarac, FL 33319
      View Details
    • $399,000

      Corner Office Unit For Sale

      Rare corner office unit with versatile use and ample parking.
      4800 107, Lauderdale Lakes, FL 33319
      View Details
    • $5,750,000
      3 SF

      Sunrise Development Opportunity on University

      3.2 acres of commercial land in Sunrise, Florida.
      3100 N University Dr, Fort Lauderdale, FL 33319
      View Details
    • Contact for pricing

      Retail Space on State Road

      Strip retail space available on a high-traffic road.
      4101 N State Road 7, Lauderdale Lakes, FL 33319
      View Details

    Similar Nearby for Lease

    • Contact for pricing
      181,576 SF

      Ft. Lauderdale Plaza Retail Space

      Prime Broward County retail space available.
      0 Commercial Blvd. & University Dr, Tamarac, FL 33319
      View Details
    • $19,800 /Mo
      1,592 SF

      High-Visibility Auto Sales Location

      Prime location for auto sales with high traffic and visibility.
      5350 N State Road 7, Fort Lauderdale, FL 33319
      View Details
    • Contact for pricing

      State Road 7 Retail Space

      High-Visibility Retail Opportunity
      5611 State Road 7, Fort Lauderdale, FL 33319
      View Details
    • $670 /Mo

      Move-in Ready Office Space

      Office space available for rent with utilities included.
      4000 410-A, Lauderdale Lakes, FL 33319
      View Details
    • $40 SF/Yr

      Commercial Blvd Retail Development

      New retail, office, and medical space for lease on Commercial Blvd.
      7240 W Commercial Blvd, Fort Lauderdale, FL 33319
      View Details
    • $2,800 /Mo

      Furnished Condo in Lauderhill Community

      Furnished condo with renovated bathrooms and wrap-around screened balcony.
      7300 Radice Ct, Lauderhill, FL 33319
      View Details
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    7041 Commercial Blvd, Unit 7111
    Lauderhill, FL 33319-2145
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.