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    Four-Story Medical Office Building Title is generated by Realmo AI

    5601 N Dixie Hwy, Oakland Park, FL 33334

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    Recently renovated suites with abundant parking in a well-managed, four-story medical office setting.

    Type:Office
    Property size:
    6,957 SF
    Price / SF:
    $0.00/SF
    Added:
    Jun 2, 2026
    Days on Market:
    2
    Last Refresh:
    Jun 3 at 3:08 am

    Property Features for 5601 N Dixie Hwy

    General Information

    Standard status
    Active
    Size
    6,957 SF
    Property subtype
    Office

    Building Details

    Year Built
    1978

    Properties For Sale

    at 5601 N Dixie Hwy Contact us

    We can help!

    Listing Contact
    Jonathan Thiel

    Listing agent Jonathan Thiel

    Listing office Berger Commercial Realty Corp - Fort Lauderdale

    Listing date Jun 2, 2026

    Source Bergercommercial

    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 Berger Commercial Realty Corp - Fort Lauderdale

    HighLights

    • Four‑story medical office building built in 1978
    • Suites available from 984 to 6,957 SF
    • Gross rental rate listed at $20.00 psf (also listed as $22.00 psf)
    • Recently completed building renovations
    • Abundant on‑site parking
    • Located minutes from I‑95, US‑1, and the Florida Turnpike

    Overview

    This four-story medical office building offers a range of suite sizes, from 984 to 6,957 square feet. The property has recently completed renovations and is presented as well maintained, with professional property management and stable ownership. With abundant parking on site, the building is designed to support daily patient and client access while providing flexible options for medical practices and related services.

    The location places the building minutes from major regional routes, including I-95, US-1, and the Florida Turnpike. It also benefits from nearby retail, banking, and service amenities, with restaurants in the surrounding area, supporting an active weekday environment for both staff and patients.

    For buyers, the property’s combination of turnkey condition, established management, and strong tenant base can support a disciplined investment approach. For owner-occupiers or growing practices, the suite range provides practical flexibility, whether you’re seeking a smaller footprint or planning for more expansive operations within a dedicated medical office structure.
    Location Intelligence

    Current Use by Public Records

    Medical Office Space

    Suggested Use

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

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

    Similar Places Nearby

    • Total Pet Care Animal Hospital — 4410 NE 5th Terrace, Oakland Park, FL 33334
    • Janice Loss Ramji — 550 NE 44th St, Oakland Park, FL 333343118
    • Urban Paws Veterinarian Clinic — 4411 NE 19th Terrace, Fort Lauderdale, FL 33308
    • 5 Paw Dog Walker Pet Sitter Oakland Park — 1341 ne 47th ct, oakland park, fl 33334
    • Hills Laine w DVM — 4101 N Andrews Ave, Oakland Park, FL 33309

    Location Insight

    • Map
    • Local Demand
    City
    Oakland Park
    County
    Broward
    State
    Florida
    Longitude
    -80.1332718
    Latitude
    26.1966559

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    FAQs

    What type of property is this?
    Medical Office Space - Recently renovated suites with abundant parking in a well-managed, four-story medical office setting.
    Where is this medical office space located?
    The property is located at 5601 N Dixie Hwy Oakland Park, FL.
    What is the asking price?
    The asking price for this property is Off market.
    What are key features of this property?
    This property features: Four‑story medical office building built in 1978; Suites available from 984 to 6,957 SF; Gross rental rate listed at $20.00 psf (also listed as $22.00 psf)
    (954) 358-0900
    We can help!
    Listing Contact
    Jonathan Thiel
    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.

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