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    4000 N State Road 7 Lauderdale Lakes, FL 33319

    For Sale
    $5,230,000

    Completely renovated 37,150 SF office/retail building with high occupancy.

    Lot size:
    1.51 Acres

    Property Features for 4000 N State Road 7

    General Information

    Lot size
    1.51 Acres

    Building Details

    Year built
    1975

    Source: Sopher Realty Agent Rafael Sopher

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

    Overview

    Renovated Office/Retail Building For Sale

    This is a completely renovated, four-story, 37,150-square-foot Class B office/retail building located in Broward County. The property experiences daily traffic counts exceeding 50,000 vehicles. It features new impact windows, marble bathrooms, a marble lobby, and two elevators. The building has ample parking and a new electrical system. With 80 rentable units and over 90% occupancy, the property has a cap rate potential of over 10%. The building is currently modified to suit local business needs. Tenants include urgent care facilities, doctors' offices, pharmacies, day care centers, hair salons, nursing schools, lawyers' offices, tax offices, travel agencies, insurance agencies, health care providers, real estate offices, general contractors, AC contractors, electrical contractors, and mortgage brokers. Expenses are approximately $7.00 per square foot, making it easy to manage with great current income.
    Location Intelligence

    Current Use by Public Records

    Office buildings

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Dental Office Spa & Massage Wholesale Shop Auto Repair Shop Hair Salon Clothing Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Lauderdale Lakes
    County
    Broward
    State
    Florida
    Longitude
    -80.202682
    Latitude
    26.175282

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    FAQs

    What type of property is this?
    Office building - Completely renovated 37,150 SF office/retail building with high occupancy.
    Where is this office building located?
    The property is located at 4000 N State Road 7 Lauderdale Lakes, FL.
    What is the asking price?
    The asking price for this property is $5,230,000.
    What are key features of this property?
    This property features: - High occupancy rate (over 90%) with 80 rentable units, providing substantial current income.; - Potential cap rate exceeding 10%, indicating strong investment return.; - **Completely renovated, luxurious Class B office/retail building.**
    (305) 528-0596
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    4000 N State Road 7 Lauderdale Lakes, FL 33319
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    Realmo Value Estimation

    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.

    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.

    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
    4000 N State Road 7 Lauderdale Lakes, FL 33319
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