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
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Disclaimer
The property value estimates provided on this website are automated calculations based on publicly available data, user-submitted information, and proprietary algorithms. These estimates are not appraisals and should not be used as a substitute for a professional valuation by a licensed appraiser.
We do not guarantee the accuracy, reliability, or completeness of these estimates, as market conditions, property features, and other factors may affect actual property values. Users should conduct their own due diligence and consult with a real estate professional before making financial or investment decisions.
By using this service, you acknowledge and accept that all estimates are provided for informational purposes only and that this website assumes no liability for any reliance on the provided valuations.
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