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Property profile & analytics
OFF-MARKET Estimated value $3,185,000
Retail space

7850 Commercial Blvd 7948 Lauderhill, FL 33351-4324

13,387 SF 5.42 ac lot Built 2008
Entity Owned 19-yr Hold ~ Est. High Equity
Property ID
US18-2720287
Property summary
AI-generated overview

This exceptional retail leasing opportunity is situated in the thriving Commercial Blvd Shoppes in Lauderhill, Florida. Located on Commercial Boulevard, west of University Drive in Broward County, this shopping center boasts an impressive lineup of established national tenants including PetSmart, Mattress Firm, Tijuana Flats, Chick-fil-A, Sonic, O'Reilly's, First Watch, and Charley's Philly Steak & Wings. The property offers one available retail space within a larger 2-acre shopping center. This prime location benefits from excellent visibility and high traffic counts, exceeding 106,000 AADT at the intersection. The strategic positioning provides easy access to a newly approved 500-unit apartment complex currently under construction, further enhancing the potential for increased foot traffic and customer base. Furthermore, the center enjoys proximity to Tamarac Village, a recently developed apartment complex with 220 units (completed in 2020) and a second phase of 190 units nearing completion by the end of 2022. This location is ideal for a variety of businesses, including medical, office, or retail establishments, capitalizing on the strong existing tenant mix and significant residential growth in the immediate vicinity. The one-story building offers a versatile space ready for immediate occupancy.

Property profile
Verified
Property type Retail space
Use group RETAIL STORES (PERSONAL SERVICES)
Year built 2008
Construction CONCRETE
Total area 13,387 SF
Lot 5.42 ac (235,901 SF)
Zoning code CG
APN 49-41-16-08-0320
UPID US18-2720287
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
Current use
Occupant on record · Public records
  • Isalis (Bike/Boat/Book/etc) Store
  • Party City Party Supply Store (Bike/Boat/Book/etc) Store
  • Skunk Funk Big Box & Wholesale Store
  • Carl's Trading Co Hat Shop
  • Bushka's Kitchen LLC (Bike/Boat/Book/etc) Store
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
$3.67M
Comparable Approach Comparable
by Request
Blend (final) Blend
$3.19M
Owner & transaction history
Sembler Family Partnership #41 Ltd · 19 yrs held
Sembler Family Partnership #41 Ltd
since 2007
3 recorded transactions
2020
Price N/A
2007
$8.6M
1969
Price N/A
Zoning & alternative use
CG · Lauderhill, FL
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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 (CG). 4. Commercial, Warehouse (CW). 5. Commercial, Office (CO). 6. Commercial, Recreation (CR). C. Industrial zoning district. 1. Industrial…

Zone name Commercial General
General category COMMERCIAL
Zone area 398.58 ac
Source land development regulations
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