Add Listing
    For Lease
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings

    2331 N State Road 7, Unit 219 Lauderdale Lakes, FL 33313

    View on Map
    Loading data...
    Loading data...
    Loading data...
    For Lease
    Contact for pricing

    Upgraded office in busy plaza on State Road 7.

    Lot size:
    1.60 Acres

    Property Features for 2331 N State Road 7

    General Information

    Standard status
    Active
    Lot size
    1.60 Acres

    We can help!

    Listing Contact
    Wade A Gill
    Source: Exprealty

    Listing Agency: Universal Property Group Inc Listing Agent: Wade A Gill

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

    Learn more

    Property Insight Report

    Overview

    Upgraded Office Space Available

    This upgraded office space is situated within a busy professional plaza located on State Road 7, just south of Oakland Park Boulevard. The available space is intended for office use and is designed to attract clients.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Office Units

    Suggested Use

    Real Estate Agency Law Firm Restaurant Spa & Massage Center Dental Office Hair Salon Nail Salon Gym & Fitness Center Building Supply Daycare Center

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

    Location Insight

    • Map
    • Local Demand
    City
    Lauderdale Lakes
    County
    Broward
    State
    Florida
    Longitude
    -80.203075
    Latitude
    26.156707

    Nearby Similar for Lease

    • $12,800 /Mo
      69,696 SF

      Lauderdale Lakes Worship Space Available

      Church-zoned space for lease in active commercial corridor, available 2026.
      2647 N State Road 7, Lauderdale Lakes, FL 33313
      View Details
    • $3,500 /Mo
      43,560 SF

      Lauderdale Lakes Office Space Available

      Office space featuring reception, offices, conference room, kitchen, and parking.
      4850 N State Road 7, Lauderdale Lakes, FL 33319
      View Details
    • $20 SF/Yr

      Industrial Park Near Major Highways

      Industrial park with flexible spaces, convenient highway access.
      2808 NW 30Th St, Lauderdale Lakes, FL 33311
      View Details
    • Contact for pricing

      Lauderdale Lakes Industrial Park

      Multi-tenant industrial park in central Broward County with excellent access.
      3435-3699 NW 19Th St, Lauderdale Lakes, FL 33311
      View Details
    • $1,995 /Mo

      Retail Unit on 19th Street

      Retail unit with air conditioning and high ceilings for rent.
      3485 NW 19Th St, Lauderdale Lakes, FL 33311
      View Details
    • $6,300 /Mo

      Retail Space on State Road

      2400 SF retail space with direct frontage.
      4171 N State Road 7, Lauderdale Lakes, FL 33319
      View Details
    • $20 SF/Yr

      Lauderdale Lakes Industrial Park

      Industrial park with flexible spaces, convenient location, and various amenities.
      2808 NW 30Th St, Lauderdale Lakes, FL 33311
      View Details
    • $23 SF/Yr

      Spacious Urban Warehouse For Lease

      2,800 sq ft warehouse with 3-phase power and grade-level door.
      3669 NW 19Th St, Lauderdale Lakes, FL 33311
      View Details
    • $27 SF/Yr
      880 SF

      Retail Space Available For Lease

      Retail space available for lease in Lauderdale Lakes, Florida.
      2439 N State Road 7, Lauderdale Lakes, FL 33317
      View Details
    • $900 /Mo

      Move-in Ready Private Office Suite

      Private office suite in renovated building, ideal for various businesses.
      4000 402-B, Lauderdale Lakes, FL 33319
      View Details
    • $900 /Mo

      Move-in Ready Office Space

      Renovated office space in high-traffic Lauderdale Lakes location.
      4000 209-B, Lauderdale Lakes, FL 33319
      View Details
    • $850 /Mo

      Move-in Ready Office Space

      Office space with reception, storage, and included utilities.
      4000 310, Lauderdale Lakes, FL 33319
      View Details

    FAQs

    What type of property is this?
    Office units - Upgraded office in busy plaza on State Road 7.
    Where is this office units located?
    The property is located at 2331 N State Road 7, Unit 219 Lauderdale Lakes, FL.
    What are key features of this property?
    This property features: - Upgraded office space ready for your business.; - Located in a busy professional plaza, providing a professional environment.; - High-traffic location on State Road 7 ensuring great visibility.
    (954) 260-6967
    Request Owner's contact information
    2331 N State Road 7, Unit 219 Lauderdale Lakes, FL 33313
    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.
    2331 N State Road 7, Unit 219
    Lauderdale Lakes, FL 33313
    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
    2331 N State Road 7, Unit 219 Lauderdale Lakes, FL 33313
    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
    Wade A Gill
    (954) 260-6967
    Learn more
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!