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

    460 State Rd 7 Plantation, FL 33317

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

    Plantation, FL: Prime Commercial Lot

    Property Features for 460 State Rd 7

    General Information

    Property type
    Specialty properties

    We can help!

    Listing Contact
    Patrizia Tarlao

    Listing Agent: Patrizia Tarlao

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

    Learn more

    Overview

    This exceptional 1.69 million dollar commercial land parcel, located at 460 N State Road 7 in Plantation, Florida (zip code 33317), presents a unique investment opportunity. Boasting direct frontage on State Road 7, this cleared lot is ideally situated for a wide range of commercial ventures. Its prime location directly across from Plantation Hospital ensures high visibility and accessibility. The property is zoned B-HC, making it suitable for various uses including office buildings, medical facilities, retail establishments, and automotive dealerships, among other approved zoning applications. The land is ready for immediate development, eliminating the need for extensive site preparation. This strategic location in Broward County offers unparalleled access to major transportation arteries, ensuring convenient commutes for employees and customers alike. The high traffic volume on State Road 7 guarantees significant exposure for any business established on this property. This is a rare opportunity to acquire a highly desirable commercial lot in a thriving Florida market. The asking price is $1,690,000. Serious inquiries only.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    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.

    Location Insight

    • Map
    • Local Demand
    City
    Plantation
    County
    Broward
    State
    Florida
    Longitude
    -80.201695
    Latitude
    26.125649

    Nearby Similar for Sale

    • $150,000

      Profitable Turnkey CBD Smoke Shop

      Turnkey CBD smoke shop generating approximately $30,000 monthly income.
      510 s State Road 7, Plantation, FL 33317
      View Details
    • New
      $70,000

      Turn-Key Restaurant Opportunity

      Fully operational restaurant ready for new ownership in Plantation, FL.
      Plantation, FL 33317
      View Details
    • $90,000
      1,482 SF

      Turnkey Boba Tea Shop

      Operating boba tea shop in a Publix-anchored plaza.
      Boba Tea Shop For Sale In Plantation, Plantation, FL 33317
      View Details
    • $300,000

      Drive-Thru Convenience Store Opportunity

      Drive-thru convenience store on 2.20 acres in Plantation, Florida.
      6900 Cypress Rd, Plantation, FL 33317
      View Details
    • Contact for pricing

      Premier Co-working and Office Space

      Upscale co-working and flexible office space with comprehensive amenities.
      150 S Pine Island Rd, Plantation, FL 33324
      View Details
    • $4,000,000

      Retail Shopping Plaza For Sale

      Retail shopping plaza in Plantation, Florida, for sale.
      1806-1856 N Pine Island Rd, Plantation, FL 33324
      View Details
    • $850,000

      Medical Office Investment Opportunity

      Leased medical office building, built in 2007, good condition.
      10167 104Th Ave, Plantation, FL 33322
      View Details
    • $329,000

      Food and Beverage Space

      Fully built-out food and beverage space in high-traffic mall.
      8000 W Broward Blvd, Plantation, FL 33388
      View Details
    • $300,000

      Drive-Thru Convenience Store Business

      Drive-thru convenience store business for sale.
      6900 Cypress Rd, Plantation, FL 33317
      View Details
    • $449,999

      Plantation Medical/Professional Office Space

      First-floor office with flexible layout in a well-maintained plaza.
      9633 W Broward Blvd, Plantation, FL 33324
      View Details
    • $850,000

      Leased Medical Office Investment

      Leased medical office building, built in 2007, with parking.
      10167 104Th Ave, Plantation, FL 33322
      View Details
    • $50,000

      Turnkey Tailoring & Boutique Business

      Profitable tailoring and boutique business with established client list.
      8275 W Broward Blvd, Plantation, FL 33324
      View Details

    FAQs

    What type of property is this?
    Specialty property - Plantation, FL: Prime Commercial Lot
    Where is this specialty property located?
    The property is located at 460 State Rd 7 Plantation, FL.
    What is the asking price?
    The asking price for this property is $1,690,000.
    What are key features of this property?
    This property features: 1.69M commercial land parcel in Plantation, FL (33317).; Direct State Road 7 frontage, cleared and ready for development.; High visibility across from Plantation Hospital.
    (954) 860-6337 Call to check price and availability
    Request Owner's contact information
    460 State Rd 7 Plantation, FL 33317
    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.
    460 State Rd 7
    Plantation, FL 33317
    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
    460 State Rd 7 Plantation, FL 33317
    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!
    Contact for Pricing
    Please call us for current price
    and status of this listing
    Patrizia Tarlao
    Real Estate License ID: 3322896
    (954) 860-6337 (305) 864-3777
    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!