Sign Up Successful!
You now have access to more from Realmo!
    For Lease
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    The Largest CRE Database in the US with Over 1 Million Listings

    6535 Nova Dr Davie, FL

    Loading data...
    Loading data...
    Loading data...
    For Lease
    $22 SF/Yr ($3,253 /Mo)

    1,735 SF flex space with loading door and AC.

    Property size:
    1,735 SF
    Lot size:
    9.81 Acres

    Property Features for 6535 Nova Dr

    General Information

    Size
    1,735 SF
    Lot size
    9.81 Acres

    We can help!

    Listing Contact
    Michael Oretsky
    Michael Oretsky
    Source: Moodyscre

    Listing Agent: Michael Oretsky

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

    Learn more

    Overview

    Davie Flex Space Available

    This 1,735 square foot flex space is available for rent. The property features a double door for loading in the rear and a fire sprinkler system. The space is 100% air conditioned and has a 14-foot ceiling height. It offers convenient access to a wide range of amenities and is located within 30 minutes of two international airports and ports. The space is available immediately, suitable for office or flex use.
    Location Intelligence

    Current Use by Public Records

    Flex space

    Similar Places Nearby

    Chef Mike D LLC, Catering By Sally

    Map

    City
    Davie
    County
    Broward
    State
    Florida
    Longitude
    -80.2655846
    Latitude
    26.0312353

    Nearby Similar for Lease

    • $2,800 /Mo

      Move-in Ready Davie Office Suite

      783 SF office suite in prime Davie location for lease.
      5200 S University Dr, Davie, FL 33328
      View Details
    • New
      $45 SF/Yr
      13,504 SF

      Retail Space in Sheridan Shoppes

      Prime leasing opportunity in Davie, high visibility and traffic.
      15661 Sheridan St, Davie, FL 33331
      View Details
    • $1,600 /Mo

      Davie Office Space For Rent

      First floor office space in prime Davie location for rent.
      6099 Stirling Rd, Davie, FL 33314
      View Details
    • $22 SF/Yr
      19,959 SF

      Retail Space in Davie's Downtown

      Prime retail space in Davie's historic Western-themed downtown.
      4480 SW 64Th Ave, Davie, FL 33314
      View Details
    • $2,400 /Mo

      Davie Office Space For Lease

      Well-maintained office space in Davie, ideal for various businesses.
      5220 S University Dr, Davie, FL 33328
      View Details
    • $2,500 /Mo

      Davie Commercial Building with Office

      West Davie building with office, bathroom, and fenced parking.
      2650 SW 154Th Ave, Davie, FL 33331
      View Details
    • $27 SF/Yr

      Turnkey Ready Executive Office Space

      Executive office space available for lease in Davie, Florida.
      Davie, FL 33325
      View Details
    • $27 SF/Yr

      Turnkey Executive Office Space Available

      Move-in ready office suites in Davie, ideal for professional businesses.
      351 SW 136Th Ave, Davie, FL 33325
      View Details
    • $20 SF/Yr
      2,160 SF

      Davie Warehouse and Flex Space

      Warehouse and flex space in Davie, near major transportation routes.
      4970 SW 52Nd St, Davie, FL 33027
      View Details
    • $12 SF/Yr
      5,210 SF

      Davie Warehouse and Flex Space

      Warehouse complex with flex, industrial, and office space available.
      4650 SW 51St St, Davie, FL 33027
      View Details
    • $2,600 /Mo

      Davie Duplex with Fenced Yard

      Three-bedroom duplex with remodeled bathrooms and fenced yard for rent.
      6181 SW 41St Ct, Davie, FL 33314
      View Details
    • $16 SF/Yr

      Davie Warehouse and Office Space

      Industrial park with flex, office, and warehouse bays for rent.
      4650 SW 52Nd St, Davie, FL 33314
      View Details

    FAQs

    What type of property is this?
    Flex space - 1,735 SF flex space with loading door and AC.
    Where is this flex space located?
    The property is located at 6535 Nova Dr Davie, FL.
    What is the lease rate?
    The lease rate is $22 SF/Yr.
    What are key features of this property?
    This property features: - Available Immediately; - Convenient access to a wide range of amenities; - Within 30 minutes of 2 international airports and ports
    (305) 374-1000
    Request Owner's contact information
    6535 Nova Dr Davie, FL
    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.
    6535 Nova Dr
    Davie, FL
    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
    6535 Nova Dr Davie, FL
    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
    Michael Oretsky
    Michael Oretsky
    (305) 374-1000
    Learn more
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.