2100 Commercial BlvdFort Lauderdale, FL 33308

  • Office buildings
  • 2,987 SF
For Lease
$52/SF/YR View listing

Property Details for 2100 Commercial Blvd

Year built
1975
Construction
CONCRETE
Lot size
0.18 AC
Property size (Sq ft)
2,987 SF
Zone code
B-1
Property type
Office buildings
APN
49-42-13-01-0070
APU
494213010070

Description

This exceptional 2,987-square-foot freestanding building, completely remodeled in 2024, presents a unique investment opportunity in Fort Lauderdale's desirable B-1 zoned area. Located at 2100 E Commercial Blvd, this single-tenant property boasts a prime location with unparalleled visibility. Benefitting from over 35,000 AADT on E Commercial Blvd and proximity to the intersection with N Federal Hwy (over 45,000 AADT), this property ensures high traffic exposure. The building features a Class A finish, including a new roof, new impact windows, and three new air conditioning units, all with necessary city permits. Twelve parking spaces are available for tenants and customers. Its versatility makes it ideal for various uses, including retail, professional offices, showrooms, and medical offices. The property sits on a 7,685-square-foot lot and is conveniently located near major businesses such as Holy Cross Hospital, Bank of America, CVS, West Fargo Bank, Starbucks, and Dunkin' Donuts. This one-story, 1975-built building offers a single suite within a single building. The property's strategic location and recent renovations make it an attractive option for a variety of businesses seeking high visibility and convenient access.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $888,045
    6.5%
    $819,734
    7%
    $761,182
  • Comparable approach

    Method
    Valuation
    Relative Method
    $882,420
    Geo Method
    $882,420
  • Alternative Use

    Use
    Valuation
    Residential
    $1,016,470
    Hospitality
    $931,081
    Educational
    $774,649
    Medical
    $801,290
    Retail
    $1,205,009

Location Insight

City
Fort Lauderdale
County
Broward
State
Florida
Latitude
26.189
Longitude
-80.1169
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
$17,868
$153,700
$708,590
$862,290
-
$153,700
$708,590
$862,290

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