Office/Shop Space in
4631 N State Road 7 Unit 21A Pompano Beach, FL 33073
For Sale
$749,500
1,588-square-foot office/shop unit in Coral Creek Plaza at a busy intersection with access from all directions.
Property Size1,588 SF
Price / SF$471.98
Days on Market520
Property Features for 4631 N State Road 7 Unit 21A
General Information
- Standard status
- Active
- Size
- 1,588 SF
- Property subtype
- General Commercial
Building Details
- Year Built
- 2007
Listing Agency:
Dowell Realty, LLC
(954) 803-1587
Listed By:
Shangpyng Yen
(954) 803-1587
Source:
Xome
Added: Feb 18, 2025
Changed: Jul 22
Last Checked: Jul 23 at 3:37AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Dowell Realty, LLC
Investment Insights
Based on property information with market context.
This offering includes one 1,588-square-foot office/shop space within Coral Creek Plaza, identified as Unit 21A. The unit is suited to a range of uses including office, retail, or various service-type businesses.
The plaza is located at the southwest corner of the intersection of Wiles and State Road 7 (441), in a busy traffic area. Access is available from all directions of traffic, and the corner plaza includes many big brand name stores.
If you’re looking for a compact footprint designed to help manage operating expenses, this size office/shop unit is positioned as an practical fit for businesses seeking space within a multi-tenant retail plaza environment.
The plaza is located at the southwest corner of the intersection of Wiles and State Road 7 (441), in a busy traffic area. Access is available from all directions of traffic, and the corner plaza includes many big brand name stores.
If you’re looking for a compact footprint designed to help manage operating expenses, this size office/shop unit is positioned as an practical fit for businesses seeking space within a multi-tenant retail plaza environment.
Key Highlights
- 1,588‑square‑foot office/shop unit in Coral Creek Plaza (Unit 21A), built in 2007
- Located on the SW corner of Wiles and State Rd. 7 (441), a very busy traffic area
- Corner‑plaza access from all directions of traffic
Financial Insights For Retail
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $57.2k | $36.00 |
| − Vacancy | −$2.1k | −$1.30 |
| EGI | $55.1k | $34.70 |
| − OpEx | −$16.5k | −$10.41 |
| NOI | $38.6k | $24.29 |
1,588 SF · lease $36.00/SF/yr · vacancy 3.60% · expense 30.00%
Alternative Uses
Best Use
Retail
$551.1K
$482.2K – $643.0K
NOI $38,577 @ 7.0% cap · market cap 5.15%
Second Best
Office B
$447.7K
$391.8K – $522.4K
NOI $31,342 @ 7.0% cap · market cap 4.18%
Theoretical Best
Office A
$619.3K
$541.9K – $722.5K
NOI $43,352 @ 7.0% cap · market cap 5.78%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
AFit Personal Training ...
Gym & Fitness Center
AFIT supplements
(Bike/Boat/Book/etc) Store
FAQs
What type of property is this?
Office units - 1,588-square-foot office/shop unit in Coral Creek Plaza at a busy intersection with access from all directions.
Where is this office units located?
The property is located at 4631 N State Road 7 Unit 21A Pompano Beach, FL.
What is the asking price?
The asking price for this property is $749,500.
What are key features of this property?
This property features: 1,588‑square‑foot office/shop unit in Coral Creek Plaza (Unit 21A), built in 2007; Located on the SW corner of Wiles and State Rd. 7 (441), a very busy traffic area; Corner‑plaza access from all directions of traffic
