Commercial real estate in Parkland.

Reading the Parkland market

Parkland is the hardest of these cities to write about honestly, because the commercial inventory barely exists. Twenty-two arm’s-length sales since 2021 is not a market, it is a handful of transactions, and an all-types middle of $285 inside a $163 to $373 range tells you the buildings have little in common with one another. Retail shows nine sales at a $386 median, which fits a city with high household incomes and almost no competing supply. The warehouse line, thirteen sales at a $171 median, reflects property type coding more than a real industrial district, and I would not use it to value a functioning warehouse. Most of my Parkland work is tenants trying to get into a very small pool of space.

Parkland block by block

University Drive is where the usable commercial sits, anchored by the grocery-anchored center at Parkland Commons and the smaller professional suites around it. State Road 7 on the eastern side carries the rest, including the Waterways Shoppes stretch, and it prices closer to what you would expect on that corridor than to Parkland’s residential reputation. Holmberg Road is a residential collector with pockets of institutional and small commercial use rather than a retail corridor, so do not go looking for frontage there. Loxahatchee Road defines the northern boundary and is more about land and access than existing buildings. The Heron Bay area is the one place meaningful new commercial supply could appear, since the former golf course redevelopment has been the city’s live planning conversation. How that resolves matters more to Parkland’s commercial future than anything currently standing.

Doing a deal in Parkland

Parkland decided a long time ago to stay residential, and its commercial rules reflect that decision rather than any market logic. Permitted commercial acreage is small, design expectations are high, and residents show up to hearings. If your business needs a drive-through or a sign anyone can read at night, ask before you fall in love with a location. The practical consequence for tenants is a lack of alternatives. When a city has only a few centers, landlords have very little reason to move on rate, and what I bring is timing and relationships rather than a shortlist of competing options. For buyers, scarcity cuts the other way: well-located Parkland commercial rarely reaches the open market, and when it does it usually sells to someone who was already watching it. Do not expect a wide bidding process or a clean comparable set. There are not enough sales to build one.

Parkland pricing & data

Start with the local numbers, then get a defensible figure for a specific building:

How I help in Parkland

Whatever your side of the deal in Parkland, I work for you — never the landlord. Tenant, buyer, and seller representation across Broward County.

Explore nearby & up a level

Compiled by Justin Crow, Mattis Advisors — for reference, not an appraisal.