Property profile

7240 Commercial Blvd Lauderhill, FL 33319

OFF-MARKET
Parking lots & garages
Property ID
US18-2703925
2,521 SF 0.67 ac lot Built 1987
Entity Owned 3-yr Hold Free & Clear
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Property summary

AI-generated overview

This exceptional new development in Lauderhill, Florida, offers 9,500 square feet of Class A retail, office, and medical space situated on a 1.33-acre lot (57,998 square feet) with 200 feet of frontage on heavily trafficked Commercial Boulevard (54,000+ daily traffic count). The property boasts two single-story buildings, totaling six suites, with a minimum divisible space of 1,500 square feet and a maximum contiguous space of 7,000 square feet. One building is a 2,400 square foot free-standing drive-through quick-service restaurant (QSR) building. The second building provides approximately 7,000 square feet of flexible space ideal for retail, office, or medical uses. Ample parking is available across both parcels. The property is zoned C3, allowing for a variety of uses within the City of Lauderhill. Built in 2025, this development benefits from a hard turn-in and an existing monument sign for excellent visibility. This prime location presents a unique opportunity for businesses seeking high-traffic exposure in a thriving area. The property features a convenient location with easy access to major transportation routes.

Property profile

Verified
Property type Parking lots & garages
Use group PARKING LOT
Year built 1987
Total area 2,521 SF
Lot 0.67 ac (28,999 SF)
Zoning code CG
APN 49-41-15-14-0040
UPID US18-2703925

Cap rate & NOI

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

Location

7240 Commercial Blvd Lauderhill, FL 33319-2126
Lauderhill metro Census 60126 MIAMI-FORT LAUDERDALE-MIAMI BEACH, FL METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$2.37M
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$2.29M

Owner & transaction history

since 2023
Last sale
$2.2M
3 recorded transactions
2023
$2.2M
2015
Price N/A
1969
Price N/A

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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