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1010 NW 40th Ave
Lauderhill, FL 33313
Lauderhill Marketplace · Land For Sale · 13.90 AC

INVESTMENT HIGHLIGHTS

  • Annual Average Daily traffic count at this intersection is 58,000 on Sunrise and 52,000 on State Road 7.
  • The site is located within an Opportunity Zone, thereby offering significant tax incentives to developers and investors.
  • This site offers an opportunity to create a defining urban mixed-use environment in a strategic gateway location.
  • The site sits at the northeast corner of Sunrise Boulevard and State Road 7, a major intersection in Central Broward County.

PROPERTY FACTS

Property Type Land
Property Subtype Commercial
Proposed Use
Commercial
  • Retail
  • Motel
Total Lot Size 13.90 AC
Zoning C-E, Lauderhill

DESCRIPTION

Colliers International is pleased to solicit Letters of Interest (LOI) for the redevelopment of 13 +/- acres on behalf of the City of Lauderhill. The site sits at the northeast corner of Sunrise Boulevard and State Road 7, a major intersection in Central Broward County. According to Florida Department of Transportation, the Annual Average Daily traffic count at this intersection is 58,000 on Sunrise and 52,000 on State Road 7. This site offers an opportunity to create a defining urban mixed-use environment in a strategic gateway location. The site is located within an Opportunity Zone, thereby offering significant tax incentives to developers and investors. The City is requesting Letters of Interest from qualified investors. LOI’s are being sought to help determine the type and extent of interest in the redevelopment of the property, provide opportunities for interested parties to identify other entities that may be interested in participating as co-developers, and to potentially inform the preparation and issuance of a Request for Proposal (RFP), if warranted. Guidelines for submission are included herein. Current Zoning: Commercial Entertainment (CE) Address: NE of Sunrise Boulevard and State Road 7 Parcel ID: 4942-3144-0010 4942-3144-0020 4942-3100-0320 Total Acreage: ±13 Acres

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
49-42-31-00-0320
Land Assessment
$4,093,020
Improvements Assessment
$0
Total Assessment
$4,093,020
  • Listing ID: 24586521

  • Date on Market: 12/2/2021

  • Last Updated:

  • Address: 1010 NW 40th Ave, Lauderhill, FL 33313

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