Property profile

8425 Commercial Blvd 8465 Tamarac, FL 33351

OFF-MARKET
Retail space
Property ID
US18-1178448
14,040 SF 1.34 ac lot Built 1984
Entity Owned 4-yr Hold Free & Clear
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Property summary

AI-generated overview

This thriving Tamarac restaurant presents a fantastic investment opportunity, priced at $130,000. Built in 1984, this 4,800 square foot establishment boasts a seating capacity exceeding 150, making it ideal for both regular service and private events. The sale includes the business and inventory only. A significant advantage is the inclusion of a full liquor license, enhancing profitability. Ample on-site parking is available for patrons. This turnkey operation is perfectly positioned for immediate success and represents a compelling proposition for entrepreneurs, particularly those seeking an E-2 visa-compliant business venture. Located at 8425 W Commercial Blvd, Tamarac, FL 33351, this property offers a well-established foundation for continued growth and profitability within a vibrant community. The property type is retail, specifically categorized as a restaurant. The business is ready for a new owner to step in and continue its success.

Property profile

Verified
Property type Retail space
Use group RETAIL STORES (PERSONAL SERVICES)
Year built 1984
Construction CONCRETE
Total area 14,040 SF
Lot 1.34 ac (58,431 SF)
Zoning code MU-G
APN 49-41-09-04-0170
UPID US18-1178448

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
  • Food Market Restaurant
  • Restaurant

Location

8425 Commercial Blvd, Unit 8465 Tamarac, FL 33351-4373
Tamarac metro Census 60129 MIAMI-FORT LAUDERDALE-MIAMI BEACH, FL METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$2.24M
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$2.21M

Owner & transaction history

since 2021
Last sale
$2.0M
6 recorded transactions
2021
$2.0M
2007
Price N/A
2002
$1.1M
2002
$1.1M
2002
$695,000
1999
$634,000

Zoning & alternative use

MU-G · Tamarac, FL
Zoning description

This district is intended to encourage the creation of community-serving mixed commercial and residential development at a higher scale than is appropriate for the MU-N or MU-C districts. The district is intended for use…

General category MIXED_USE

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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