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Lauderhill Corner 1883 NW 38th Ave

28,895 SF Vacant Flex Building Lauderdale Lakes, FL 33311 $7,087,100 CAD ($245 CAD/SF)

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Investment Highlights

Corner lot at signalized intersection
Cornerstone property for favorable CRA district
14’ ceilings, security cameras, fenced yard, generator, and two garage doors

280 FT of frontage visible from SR-7/441
Facade improvements encouraged through CRA grants
Large floorplate with existing areas for warehouse, retail, and offices.

Executive Summary

The Lauderhill Corner Building caters to many uses with existing areas for warehouse, retail, and offices. The building includes 14’ ceilings, security cameras, a fenced yard, and two garage doors. There is also a large generator from the first owner, a blood-donation clinic.
Located at the northern entrance to Lauderhill's Arts and Entertainment District at 19th St. and 38th Ave., this property is visible from SR-7 and serves as an introduction to the city’s innovative district.
Lauderhill’s CRA aims to energize the community by creating a vibrant environment. They encourage owners and tenants to pursue facade improvements, and have provided grants to assist. Significant investments have been made to streets, sidewalks, and foliage. This corner is a destination where art, commerce, and culture converge, and is often included in the local CRA’s events.
Lauderhill's strategic location, growing economy, and increasing demand for flexible commercial spaces make it an ideal choice for multi-tenant or single-use ventures. Centrally positioned in the Miami-Fort Lauderdale metropolitan area, Lauderhill serves as a hub for businesses seeking proximity to major highways, airports, and shipping ports.

Property Facts

Price	$7,087,100 CAD	Lot Size	1.98 AC
Price Per SF	$245 CAD	Rentable Building Area	28,895 SF
Sale Type	Owner User	No. Stories	1
Property Type	Flex	Year Built	1979
Property Subtype	Light Distribution Flex Showroom General Retail Freestanding Industrial Warehouse	Parking Ratio	3.5/1,000 SF
Building Class	C	Opportunity Zone	Yes State officials designate a portion of qualified Census Tracts to be Opportunity Zones. Certain investments in Opportunity Zones may be eligible for preferential tax treatment.

Price	$7,087,100 CAD
Price Per SF	$245 CAD
Sale Type	Owner User
Property Type	Flex
Property Subtype	Light Distribution Flex Showroom General Retail Freestanding Industrial Warehouse
Building Class	C
Lot Size	1.98 AC
Rentable Building Area	28,895 SF
No. Stories	1
Year Built	1979
Parking Ratio	3.5/1,000 SF
Opportunity Zone	Yes State officials designate a portion of qualified Census Tracts to be Opportunity Zones. Certain investments in Opportunity Zones may be eligible for preferential tax treatment.