Property profile

7240 W Commercial Blvd Lauderhill, FL 33319

FOR LEASE
Drive through restaurants
Property ID
US18-1686897
2,596 SF 0.67 ac lot Built 1988
Entity Owned 3-yr Hold Free & Clear
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Property profile

Verified
Property type Drive through restaurants
Use group DRIVE-THRU RESTAURANT, FAST FOOD
Year built 1988
Construction CONCRETE
Total area 2,596 SF
Lot 0.67 ac (28,999 SF)
Zoning code CG
APN 49-41-15-14-0050
UPID US18-1686897

Cap rate & NOI

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

Location

7240 W Commercial Blvd Lauderhill, FL 33319
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
$2.24M
CAP Approach CAP
by Request
Comparable Approach Comparable
$1.55M
Blend (final) Blend
$2.29M

Owner & transaction history

since 2023
Last sale
$2.2M
2 recorded transactions
2023
$2.2M
2015
$789,000

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
Top alternative use upside
Office building $3.5M +56.0%

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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Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
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