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Freestanding Office Building with Suites

1565 N Park Drive Weston, FL 33326

1565 N Park Drive, Weston, FL, 33326
$1,750,000
For Sale
Claim this Listing
$1,750,000

COMMERCIAL - Weston, FL

Property Size5,486 SF
Lot Size0.47 Acres
Price / SF$318.99
AddedApr 25, 2025
Days on Market447
Last RefreshJul 15 at 6:06 pm

Property Features for 1565 N Park Drive

General Information

Property type
Commercial Sale
Property subtype
Other
Zoning
O-1
Standard status
Active
APN
504017020035
Size
5,486 SF
Lot size
0.47 Acres

Taxes and HOA fees

Tax Description
PARK OF COMMERCE 110-15 B POR OF LOTS 1 AND 2 DESC AS:COMM SE COR SAID LOT 2;NW 499.85 TO POB NE 23.01,SE 143.89,SW 143.74 NW 143.89,NE 120.

Building Details

Year built
2000
Floors in Building
1
Number of units
5

Listing agent Jason Chamely License #3180591

Listing office Box Real Estate LLC 1500 N University Dr. Suite 243, Coral Springs, FL

Listing date Apr 25, 2025

MLS# F10500162

Copyright © 2026 BeachesMLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.


Investment Insights

Based on property information with market context.

This freestanding office building is located within the Intercontinental Professional Center and totals 5,486 square feet. The building at 1565 is divided into five individual suites that share a common entry and bathrooms. Suite sizes range from 700 to 1,225 square feet, and the building is currently 100% occupied with a mix of office and light medical tenants. The property is zoned O-1.

The professional center includes a courtyard area with fountains, lush landscaping, and ample parking. The building is listed as approximately 1.3 miles from I-75 and about 1.5 miles from the Cleveland Clinic campus, with restaurants and shops nearby.

As one of six buildings in the campus, this location offers a multi-suite setup designed for straightforward occupancy within a shared campus setting.

Key Highlights

  • 100% Occupancy: Provides immediate rental income
  • Investment Opportunity: One of only 6 buildings in the Intercontinental Professional Center campus
  • Desirable Suite Sizes: Suites ranging from 700 to 1,225 sqft are easy to lease

Local Financial Insights For Office B

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 $250.2k $45.60
− Vacancy −$56.3k −$10.26
EGI $193.9k $35.34
− OpEx −$48.5k −$8.84
NOI $145.4k $26.51
5,486 SF · lease $45.60/SF/yr · vacancy 22.50% · expense 25.00%

Alternative Uses

Best Use
Office B
$2.08M
$1.82M – $2.42M (±1% cap)
NOI $145,406 @ 7.0% cap · market cap 8.31%
Second Best
Healthcare Medical
$1.03M
$903.6K – $1.20M (±1% cap)
NOI $72,284 @ 7.0% cap · market cap 4.13%
Theoretical Best
Office A
$2.78M
$2.44M – $3.25M (±1% cap)
NOI $194,830 @ 7.0% cap · market cap 11.13%
Zoning and permitted uses should be independently verified with local authorities.

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Office Units

Suggested Use

Locksmith (Bike/Boat/Book/etc) Store Grocery & Convenience Store Parking Lot & Garage (Bike/Boat/Book/etc) Store Storage Facility Carpet & Flooring Store Veterinary Clinic Tattoo & Piercing Shop Restaurant

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

FAQs

What type of property is this?
Office units - Freestanding office building divided into five individual suites with a shared entry and bathrooms, currently fully occupied.
Where is this office units located?
The property is located at 1565 N Park Drive Weston, FL.
What is the asking price?
The asking price for this property is $1,750,000.
What are key features of this property?
This property features: 100% Occupancy: Provides immediate rental income; Investment Opportunity: One of only 6 buildings in the Intercontinental Professional Center campus; Desirable Suite Sizes: Suites ranging from 700 to 1,225 sqft are easy to lease
Contact an agent
More about this property
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