W Oakland Park Blvd, Lauderdale Lakes FL 33309,Lauderdale Lakes,Broward County,Commercial Land

Property ID: A11767559
Price: $2,900,000
Land Area: 3.5 Square Feet
Property Status: Commercial Land

Description

Fausto Commercial is pleased to present a 3.5-acre Town Center development site in Broward, located in Lauderdale Lakes, a business-friendly city right between the growing areas of Wilton Manors and Sunrise. The property is zoned for mixed-use development with Town Center zoning, allowing up to 50 units per acre, and the city is open to increasing density. This means you can plan for 175+ units, with room for grade parking and retail space. The site is currently generating income from light industrial tenants, helping cover land costs during the planning and permitting process. Plus, the adjacent 43,770 sq ft Bank of America office building on 110,552 sq ft is also up for sale and can be combined for a total of 6 acres!