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3650-3660 W Commercial Blvd - Commercial Redevelopment Opportunity

3.07 Acres of Commercial Land Offered at $2,900,000 in Tamarac, FL 33309

Investment Highlights

  • Great redevelopment project site
  • In close proximity to the Ft. Lauderdale Executive Airport, and quick access to Florida's Turnpike and I-95
  • Prime location with frontage to W Commercial Blvd.
  • Property is located in an Opportunity Zone

Executive Summary

• Outstanding opportunity awaits for the renovation or redevelopment of a former retail plaza alongside a vacant 1.02-acre parcel.
• Presently comprising two retail structures accompanied by ample parking and an additional commercial plot.
• Boasting a commanding frontage of over 300 feet along W Commercial Boulevard, a thoroughfare with a robust annual traffic volume exceeding 50,000.
• The locale is surrounded by a mix of national and local retailers, restaurants, and dense residential communities. Conveniently situated for rapid access to both Florida's Turnpike and I-95, and in close proximity to Fort Lauderdale Executive Airport.
• Please note, the cellular tower on the premises is not included in the sale, though the property owner will retain control over the easement.

Property Facts

Price $2,900,000
Sale Type Investment
Sale Conditions Redevelopment Project
No. Lots 1
Property Type Land
Property Subtype Commercial
Proposed Use
Commercial
  • Retail
  • Office
Total Lot Size 3.07 AC
Opportunity Zone Yes

1 Lot Available

Lot

Price $2,900,000
Price Per AC $944,625
Lot Size 3.07 AC

Two adjacent lots ideal for a redevelopment project. There is a +/- 2.04 acres of undeveloped land along with about 2.04 acres consisting of a former retail plaza.

Description

• Excellent opportunity to renovate or redevelop a former retail plaza with an adjacent 1.02 AC vacant land. • Property currently features 2 retail buildings with ample parking plus an empty commercial lot. • Site has over 300 feet of frontage to W Commercial Boulevard which gets high traffic counts of over 50,000 annually. • Surrounding real estate consists of national and local retailers and restaurants as well as dense residential dwellings. Quick access to both Florida's Turnpike and I-95, and in close proximity to the Fort Lauderdale Executive Airport. • Cellular tower on the property does not convey with sale, however property owner will control the easement. • Property is located in an Opportunity Zone.

PROPERTY TAXES

PROPERTY TAXES

Parcel Numbers
Multiple
  • 49-42-18-13-0010
  • 49-42-18-00-0095
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$2,940,880

zoning

Zoning Code MU-C (INDUSTRIAL)
MU-C (INDUSTRIAL)
  • Listing ID: 27521126

  • Date on Market: 1/16/2023

  • Last Updated:

  • Address: 3650-3660 W Commercial Blvd, Tamarac, FL 33309

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