7841 Pines Blvd - Commercial LAND FOR SALE


Pembroke Pines, FL 33024- Boulevard Heights East385,942 SF
$25,000,000 USD
305-927-6377
7841 Pines Blvd, Pembroke Pines, FL for Sale
$25,000,000 USD
Commercial LAND - FOR SALE
1/4
385,942 SF

7841 Pines Blvd
Pembroke Pines, FL 33024
Boulevard Heights East


OVERVIEW

INVESTMENT SUMMARY: 8.86-ACRE INSTITUTIONAL COVERED LAND PLAY 7841 PINES BLVD, PEMBROKE PINES, FL 33024 This offering represents a premier 8.86-acre redevelopment site engineered for a high-alpha transition. Currently a 96,152 SF retail center, the property is positioned for a high-density, mixed-use conversion that erases the legacy "retail box" and replaces it with a modern residential and medical campus. REDEVELOPMENT DRIVERS: THE DEMOGRAPHIC FORCE MULTIPLIER Unrivaled Visibility: 110,000 Vehicles Per Day at the signalized University Blvd intersection. Academic Anchor: Directly adjacent to Broward College, serving 65,000+ students and faculty. Institutional Surroundings: Surrounded by Target, Costco, Walmart, and Publix, validating the site's long-term commercial viability. Consumer Wealth: Average Household Income within 5 miles exceeds $100,600. I. THE CORE VALUE PROPOSITION: LAND BASIS & GEOMETRY Acquisition Efficiency: At a $25,000,000 strike price, the land is acquired at approximately $64/SF, providing an entry point significantly below the replacement cost for prime, signalized acreage in South Florida. Development Scale: The 8.86-acre footprint is capable of supporting a 350-unit mid-rise development while maintaining profitable commercial frontage. Strategic L-Shape: The unique site geometry allows for the frontage to serve as an acoustic shield, creating a private, high-density residential interior suited for medical professionals and academic faculty. II. DEMOGRAPHIC & EDUCATIONAL GRAVITY Academic Anchor: Directly adjacent to Broward College, which serves a massive community of 65,000 students and faculty, providing a permanent and replenishing demand driver for the site. Population Density: The trade area supports 191,853 residents within a 3-mile radius, providing the critical mass required for high-density success. Affluence: Average Household Incomes within 5 miles exceed $100,600, signaling a consumer base with significant discretionary spending power. VPD Dominance: The site enjoys unrivaled visibility at a signalized intersection with a combined traffic count of 110,000 Vehicles Per Day (VPD). III. THE BENCHMARK: INSTITUTIONAL VALIDATION The Proving Ground: The Pines Blvd corridor is heavily validated by institutional "optimizers" including Terra Group (Pines City Center), Regency Centers, and Brookfield. Grocery & Daily Needs Validation: The immediate presence of national brands such as Target, Costco, Walmart, Best Buy, Publix, and Aldi confirms the trade area’s high-volume demand. Medical Proximity: Located just east of Memorial Hospital Pembroke, making this the ideal location for a "Medical Sanctuary" housing niche for healthcare professionals. IV. THE REPOSITIONING THESIS By transitioning this 1974-built retail into a modern residential-led mixed-use project, a developer erases the retail commodity risk and captures a significant revenue lift. Target Niche: Medical staff, traveling nurses, and Broward College faculty who prioritize proximity and a sound-shielded environment. Exit Strategy: A stabilized, high-density asset in this corridor is a primary target for institutional REITs and pension funds looking for defensive, recession-proof South Florida real estate. TRANSACTION TERMS Asking Price: $25,000,000 Total Acreage: 8.86 Acres Zoning: Commercial Buyer Paid Commission

FOR SALE DETAILS

PRICE

$25,000,000 USD

PRICE/ACRE

$2,821,668/AC

PRICE/SF

$65 USD /SF

# OF LOTS

-

LAND DETAILS

PROPERTY NAME

Aero Medical Citadel

PROPERTY TYPE

Land

PROPERTY SUBTYPE

Commercial

LAND PROPOSED USE

Retail, Storefront, Strip Center, Supermarket

LAND ACRES

8.86 AC

LAND SF

385,942 SF

OFFSITE IMPROVEMENTS

Sewer, Water, Electricity, Gas, Streets, Curb/Gutter/Sidewalk, Cable, Telephone, Irrigation

ZONING

B3

APN/PARCEL ID

-

ASK ABOUT THIS PROPERTY

Victor JaramilloCBI Real EstateMore Info
305-927-6377

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Victor JaramilloCBI Real EstateMore Info
305-927-6377

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.