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Office Suite with Kitchen
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4907 N UNIVERSITY Drive, Lauderhill, FL 33351

Second-floor workspace includes a restroom and serves professional and administrative office needs.

Property Size18,300 SF
Price / SF$0.08
Days on Market55

Property Features for 4907 N UNIVERSITY Drive

General Information

Standard status Active
Size 18,300 SF
Property subtype Business

Space & Availability

Floor 2
Condition Turnkey

Additional Details

Highway Access Yes
Property Use Office

Building Details

Year Built 1980
Listing Agency: Charles Rutenberg Realty FTL
Listed By: Gilli Yosef · License #700942
Source: Isaacsrealestate
Added: Sep 7 Changed: Oct 29 Last Checked: Oct 29 at 2:44PM

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 Charles Rutenberg Realty FTL

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Review the available facts, identify missing information and prepare questions for the agent.

Investment Insights

Based on property information with market context.

This office suite occupies the second floor and includes a kitchen and restroom. The property was built in 1980 and is located at 4907 N University Drive in Lauderhill.

Shopping, hospitals, and restaurants are nearby, with I-595, I-95, and the Turnpike also identified in the surrounding area.

Key Highlights

  • Second‑floor office suite with kitchen and restroom
  • Built in 1980
  • Near shopping, hospitals, and restaurants

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$485,042
Suggested Prices Based on Cap Rates
Cap Rate 5%
$9,700,840 $9.7M
Cap Rate 7%
$6,929,171 $6.9M
Cap Rate 9%
$5,389,356 $5.4M
Market Conditions
NOI Build-Up for 18,300 SF
Gross rent
$834.5K $45.60/SF
− Vacancy
−$187.8K −$10.26/SF
EGI
$646.7K $35.34/SF
− OpEx
−$161.7K −$8.84/SF
NOI
$485.0K $26.51/SF
Area
Broward County, FL
Vacancy
22.50%
Lease Rate
$45.60 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$9,700,840
Cap Rate 7%
$6,929,171
Cap Rate 9%
$5,389,356

Alternative Uses

Best Use
Office B
$6.93M
$6.06M – $8.08M (±1% cap)
NOI $485,042 @ 7.0% cap · market cap 32,336.13%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$9.28M
$8.12M – $10.83M (±1% cap)
NOI $649,905 @ 7.0% cap · market cap 43,327.00%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

Who owns this building? See the owner, sales and loan history
Open Analytics

Current Use

Office Units

Suggested Use

Top Pick Parking Lot & Garage Building Supply Storage Facility Auto Parts Store Electrical Service Plumbing Service

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Yes
Highway access

Location Intelligence

Trade Area within ½ mile

1,628
Businesses Nearby

Demographics for 33351, FL

36,913
Population
13,843
Households
2.7
Avg Household Size
38
Median Age
31%
College-Educated
92%
High-School Grad
5.5 sq mi
ZIP Area
6,711
Density / Sq Mi
$68,996
Median Household Income
$40,013
Median Earnings
$1,881
Median Rent
$352,500
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Office in South region

14.4% 2019
16.4% 2020
17.3% 2021
18% 2022
18.6% 2023
20.3% 2024
20.2% 2025

Frequently Asked Questions

What type of property is this?
Office unit - Second-floor workspace includes a restroom and serves professional and administrative office needs.
Where is this office unit located?
The property is located at 4907 N UNIVERSITY Drive Lauderhill, FL.
What are key features of this property?
This property features: Second‑floor office suite with kitchen and restroom; Built in 1980; Near shopping, hospitals, and restaurants
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