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Property profile & analytics
FOR SALE
Office buildings

1455 N Park Dr Weston, FL 33326

10,817 SF 1 ac lot Built 1993
Entity Owned 19-yr Hold ~ Est. High Equity
Property ID
US18-6149819
Property summary
AI-generated overview

This exceptional commercial property in Weston, Florida presents a rare investment opportunity. Situated on a 2.24-acre lakefront lot (approximately 97,531 square feet), this property comprises two separate two-story office buildings. The North Building offers approximately 10,817 square feet, while the South Building provides approximately 21,087 square feet, totaling approximately 31,904 square feet. Both buildings boast a range of office spaces, including private offices, open bullpens, semi-private offices, multiple conference rooms, well-equipped kitchen facilities, and ample restrooms. Shared parking is conveniently available for both buildings. Detailed floor plans are accessible upon request. The property benefits from a highly desirable location, offering easy access to major roadways, including Weston Road, and is in close proximity to a variety of shopping and dining options. Currently leased to a long-term, reliable tenant under a Triple Net (NNN) lease, the lease expires on March 24, 2024. The buyer is responsible for verifying all square footage measurements at their own expense. This property presents a compelling investment opportunity due to its prime location, substantial size, and existing tenancy. Don't miss this chance to acquire a significant commercial asset in the thriving Weston market.

Property profile
Verified
Property type Office buildings
Use group OFFICE BUILDING (MULTI-STORY)
Year built 1993
Construction CONCRETE
Total area 10,817 SF
Lot 1 ac (43,576 SF)
Zoning code O-1
APN 50-40-17-02-0057
UPID US18-6149819
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$2.47M
Blend (final) Blend
$3.20M
Owner & transaction history
Weston Office LLC · 19 yrs held
Weston Office LLC
since 2007
7 recorded transactions
2024
Price N/A
2007
$7.2M
2005
Price N/A
2004
$1.6M
2003
$2.1M
1969
Price N/A
1969
Price N/A
Zoning & alternative use
O-1 · Weston, FL
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description

O-1 Office (§ 124.16 (B)) Commercial Districts C-1 Commercial (§ 124.16 (C)) Industrial District I-1 Industrial (§ 124.16 (A)) Specialized Use Districts GC Golf Course (§ 124.19 ) MU Municipal Use (§ 124.20 ) PECD Planned Employment Center District (§ 124.22 ) PDD Planned Development District (§ 124.21 ) AE Agricultural Estate (§ 124.23 ) CF Community Facili…

Zone name Office
General category UNKNOWN
Zone area 241.98 ac
Source CHAPTER 124: ZONING
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