Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    The Largest CRE Database in the US with Over 1 Million Listings

    4900 University Dr Davie, FL 33328

    Loading data...
    Loading data...
    Loading data...
    For Sale
    Contact for pricing

    Prime Davie retail space, 3.41 acres. High-traffic location.

    Property Features for 4900 University Dr

    General Information

    Property type
    Retail properties
    Lot Size
    148,540 SF

    We can help!

    Listing Contact
    H. Kevin Kim

    Listing Agency: H K Realty Listing Agent: H. Kevin Kim

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Learn more

    Property Insight Report

    Overview

    This exceptional retail property, located at 4900 S University Dr Unit 104 in Davie, Florida, presents a unique investment opportunity. Situated on a substantial 3.41-acre lot, this property offers significant potential for a variety of retail businesses. The unit's address is 4900 S University Dr Unit 104. The property is categorized as retail space and is currently listed at $3760. While the exact square footage is not currently specified, the expansive lot size suggests ample space for development or expansion. The location on South University Drive in Davie ensures high visibility and accessibility, benefiting from significant daily traffic volume. This makes it an ideal location for businesses seeking strong foot traffic and brand exposure. The property's size and location offer considerable flexibility for various retail concepts, from smaller boutiques to larger-scale operations. Investors and business owners seeking a prominent location in a thriving area should seriously consider this exceptional opportunity. Further details regarding the interior space and potential build-out options can be provided upon request. This is a rare chance to acquire a substantial retail property in a prime Davie location.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Retail properties

    Suggested Use

    Restaurant Real Estate Agency Law Firm Building Supply Dental Office Spa & Massage Center Big Box & Wholesale Store Auto Repair Shop Hair Salon Nail Salon

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Davie
    County
    Broward
    State
    Florida
    Longitude
    -80.25153
    Latitude
    26.06072

    Nearby Similar for Sale

    • $439,000
      783 SF

      Move-in Ready Davie Office Suite

      783 SF office suite in prime Davie location.
      5200 S University Dr, Davie, FL 33328
      View Details
    • $375,000

      Commercial Office Space on Griffin

      Commercial office space with high visibility and traffic count.
      6848 Griffin Rd, Davie, FL 33314
      View Details
    • $380,000

      Profitable Mobile Pet Grooming Business

      Established mobile pet grooming company with high revenue and growth potential.
      Davie, FL 33325
      View Details
    • $375,000

      Office Condo on Stirling Road

      Office condominium in Davie, Florida, with high visibility and accessibility.
      6099 Stirling Rd, Davie, FL 33314
      View Details
    • $600,000

      Established Auto Shop Business Opportunity

      Profitable collision and painting shop with high visibility location.
      2031 SW 70Th Ave, Davie, FL 33317
      View Details
    • $399,000

      Turnkey Medical Spa For Sale

      Fully equipped medical spa in Davie, Broward County, Florida.
      Davie, FL 33328
      View Details
    • $40,000

      Head Spa and Salon

      Fully equipped head spa and salon in Davie, Florida.
      Stirling Rd, Davie, FL 33314
      View Details
    • $769,900
      3,145 SF

      Davie Fourplex with Value-Add Potential

      Fourplex in Davie, Florida, with value-add potential and strong location.
      4725 SW 65Th Ave, Davie, FL 33314
      View Details
    • $950,000

      HVAC Business Opportunity in Davie

      Profitable HVAC business with government contracts and recurring revenue.
      Davie, FL 33317
      View Details
    • $6,300,000
      8.91 Acres

      Davie Land with Fruit Grove

      8.9 acre Davie property with fruit grove and steel building.
      4077 SW 121St Ter, Davie, FL 33330
      View Details
    • $120,000

      Established Spa Beauty Salon

      Spa beauty salon offering nail, lash, and brow services.
      Davie, FL 33324
      View Details
    • $3,000,000
      1.00 Acre

      Davie Commercial Property with Two Buildings

      Commercial property in Davie, FL, featuring two buildings on one acre.
      4901 SW 51St St, Davie, FL 33314
      View Details

    FAQs

    What type of property is this?
    Retail property - Prime Davie retail space, 3.41 acres. High-traffic location.
    Where is this retail property located?
    The property is located at 4900 University Dr Davie, FL.
    What is the asking price?
    The asking price for this property is $3,760.
    (954) 741-0702
    Request Owner's contact information
    4900 University Dr Davie, FL 33328
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    4900 University Dr
    Davie, FL 33328
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    4900 University Dr Davie, FL 33328
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    We can help!
    Listing Contact
    H. Kevin Kim
    (954) 741-0702
    Learn more
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!