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    Plantation Office Units Available Title is generated by Realmo AI

    270 S University Dr, Plantation, FL 33324

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    Claim this Listing
    For Lease
    $25 SF/Yr $3,333/Mo (calc)

    Office - Plantation, FL

    Type:Office
    Property size:
    1,600 SF
    Lot size:
    2.29 Acres
    Added:
    Mar 17, 2026
    Days on Market:
    58
    Last Refresh:
    May 13 at 12:06 am

    Property Features for 270 S University Dr

    General Information

    Property type
    Commercial Lease
    Property subtype
    Office
    Zoning
    M-PM
    Standard status
    Active
    APN
    504109180010
    Size
    1,600 SF
    Lot size
    2.29 Acres

    Taxes and HOA fees

    Tax Annual Amount
    96243

    Building Details

    Year built
    1975
    Building materials
    Block
    Architectural style
    Other

    We can help!

    Listing Contact
    Isaac Feldman
    Isaac Feldman

    Listing agent Isaac Feldman License #3553370

    Listing office All Nations Realty of Florida, LLC 17070 Collins Ave STE 256, North Miami Beach, FL

    Listing date Mar 17, 2026

    MLS# A11984444 Listing URL

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

    HighLights

    • Excellent location on University Dr, a high‑traffic corridor with excellent visibility and accessibility.
    • Immediate occupancy available for all vacant units.
    • Centrally positioned with easy access to Broward Blvd and I‑595.
    • Surrounded by dense residential communities, retail centers, and established professional offices.
    • Flexible space options with multiple unit sizes available (1,300 SF and 1,600 SF).
    • First floor unit ideal for medical or wellness use.

    Overview

    Excellent leasing opportunity available at 270 University Dr, Plantation, featuring four office units. Second-floor units #284 and #310 each offer 1,300 square feet. Second-floor unit #324 provides 1,600 square feet. First-floor unit #294 also offers 1,300 square feet, ideally suited for medical or wellness use. Common Area Maintenance (CAM) is $7 per square foot. All units are vacant and ready for immediate occupancy. The property is located directly on University Drive, a major high-traffic corridor, providing excellent visibility and accessibility. It is centrally positioned with easy access to Broward Boulevard and I-595 and is surrounded by dense residential communities, retail centers, and established professional offices, making it suitable for a wide range of business uses. The lot size is 2.2877 acres.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Office Units

    Map

    City
    Plantation
    County
    Broward
    State
    Florida
    Longitude
    -80.2745
    Latitude
    26.1126

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    FAQs

    What type of property is this?
    Office units - Multiple office units for lease in Plantation, Florida.
    Where is this office units located?
    The property is located at 270 S University Dr Plantation, FL.
    What is the lease rate?
    The lease rate is $25 SF/Yr.
    What are key features of this property?
    This property features: Excellent location on University Dr, a high‑traffic corridor with excellent visibility and accessibility.; Immediate occupancy available for all vacant units.; Centrally positioned with easy access to Broward Blvd and I‑595.
    (305) 785-3200
    We can help!
    Listing Contact
    Isaac Feldman
    Isaac Feldman
    Real Estate License ID: 3553370
    Learn More
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    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
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