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9.3 AC Commercial Development Site 11801 Heron Bay Blvd 32,000 SF Retail Building Coral Springs, FL 33076 For Sale
INVESTMENT HIGHLIGHTS
- The subject property is situated off Heron Bay Boulevard, directly north of the Sawgrass Expressway, which is a major east-west artery.
- Benefits from great privacy due to the water surrounding the land that is shared only with the luxurious Fort Lauderdale Marriott Coral Springs Hotel
- Asking Rate: Market determined highest/best offer
- The property sits on the Parkland/Coral Springs border in Heron Bay
- Nearby amenities include, Parkland Equestrian Center, and Parkland Golf & Country Club
EXECUTIVE SUMMARY
Colliers, on behalf of the City of Parkland (“Owner/City”), is proud to present the vision for a 9.3 acre commercial development site located at 11801 Heron Bay Boulevard, Coral Springs, FL. This property, formerly the clubhouse for the now-closed Heron Bay Golf Course, is a prime retail/entertainment/health/wellness development opportunity. Located on the southern border of the former golf course with access via Heron Bay Boulevard, it offers a rare opportunity to acquire and redevelop a large-scale site in the affluent, upscale suburban neighborhood of Parkland/Coral Springs in Northwestern Broward County. Vacant land parcels that are well-located in affluent submarkets are increasingly rare in South Florida and present an excellent opportunity for development. The City of Parkland, the current owner, envisions a development that will harmonize with the single-family homes and the future Village in the Park proposed development.
PROPERTY FACTS Under Contract
Sale Type
Investment
Sale Condition
Redevelopment Project
Property Type
Retail
Property Subtype
Freestanding
Building Size
32,000 SF
Building Class
B
Year Built
1997
Tenancy
Single
Building Height
1 Story
Building FAR
0.08
Lot Size
9.34 AC
Zoning
GC, A-1 - COMMERCIAL
Parking
200 Spaces (6.25 Spaces per 1,000 SF Leased)
NEARBY MAJOR RETAILERS
PROPERTY TAXES
| Parcel Numbers | Improvements Assessment | $743,639 CAD | |
| Land Assessment | $6,209,825 CAD | Total Assessment | $6,953,465 CAD |
PROPERTY TAXES
Parcel Numbers
Land Assessment
$6,209,825 CAD
Improvements Assessment
$743,639 CAD
Total Assessment
$6,953,465 CAD
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9.3 AC Commercial Development Site | 11801 Heron Bay Blvd
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