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

    7500 NW 5th St # 111 Plantation, FL 33317

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

    Centrally located office space with executive suites and ample parking.

    Type:Office
    Added:
    Aug 6, 2024
    Days on Market:
    606
    Last Refresh:
    Mar 17 at 1:22 pm

    Property Features for 7500 NW 5th St # 111

    General Information

    Standard status
    Active
    Property subtype
    Office

    Spaces For Lease

    at 7500 NW 5th St # 111 Contact us

    111 $0.00 /Mo

    Size
    20,159 SF
    Type
    Office
    Contact us

    We can help!

    Listing Contact
    Edward Schmidt
    Edward Schmidt

    Listing agent Edward Schmidt License #0473167

    Listing office E. L. S. Realty Corp.

    Listing date Aug 6, 2024

    Source Crexi

    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 E. L. S. Realty Corp.

    Overview

    Plantation Office with Executive Suites

    This office space, centrally located in Plantation, features four executive offices, a waiting room and reception area, and an ADA-compliant restroom. The property provides 24-hour access and abundant free parking. It is situated close to malls, restaurants, and government services, and is located 1.4 miles from Westside Regional Medical Center and 15 minutes from Fort Lauderdale-Hollywood International Airport.
    Location Intelligence

    Current Use by Public Records

    Office Units

    Suggested Use

    Real Estate Agency Law Firm Restaurant Spa & Massage Center Hair Salon Dental Office 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
    -80.2256
    Latitude
    26.113

    Nearby Similar for Lease

    • Contact for pricing

      Plantation Office Suite For Rent

      Move-in ready office space in prime Plantation location.
      7301 NW 4th St, Plantation, FL 33317
      View Details
    • Contact for pricing

      Plantation Medical Office Space Available

      Spacious medical office in Plantation, near Broward Mall and I-595.
      201 SW 84th Ave, Plantation, FL 33324
      View Details
    • $25/mo

      Plantation Retail and Studio Space

      Two-story mixed-use building with retail and studio space for rent.
      4066 W Broward Blvd, Plantation, FL 33317
      View Details
    • Contact for pricing

      Plantation Office Space For Rent

      Move-in ready office space in prime Plantation location.
      7301 NW 4th St, Plantation, FL 33317
      View Details
    • Contact for pricing

      Move-in Ready Plantation Office Suite

      Professional office suite with furniture included, ready for immediate occupancy.
      111 N Pine Island Rd, Plantation, FL 33324
      View Details
    • Contact for pricing

      South Pine Island

      950 Pine Island Rd, Unit A150, Plantation, FL 33324
      View Details
    • Contact for pricing

      FL, Plantation - SW 6th Ct

      7901 6Th Dr, Unit PLANTATION, Plantation, FL 33324
      View Details
    • Sponsored
      Contact for pricing

      Plantation

      8201 Peters Rd, Unit 1000, Plantation, FL 33324
      View Details
    • $21/mo

      Plantation Restaurant Space Available

      Second generation restaurant space available in Plantation, corner unit.
      8952-8970 Cleary Blvd., Plantation, FL 33324
      View Details
    • $23/mo

      Plantation Office Space Sublease

      Office suite available for sublease through September 30, 2028.
      1776 N Pine Island Rd, Plantation, FL 33322
      View Details
    • Contact for pricing

      Plantation Office Suite For Lease

      2,600 RSF office suite in a retail strip center.
      215 SW 125th Ave , Plantation, FL 33325
      View Details
    • Contact for pricing

      Plantation Retail and Restaurant Space

      Retail and restaurant spaces available in a high-traffic power center.
      Plantation, FL 33324
      View Details

    FAQs

    What type of property is this?
    Office units - Centrally located office space with executive suites and ample parking.
    Where is this office units located?
    The property is located at 7500 NW 5th St # 111 Plantation, FL.
    What is the lease rate?
    The lease rate is $0.02 SF/Yr.
    What are key features of this property?
    This property features: Centrally located in Plantation, close to amenities.; Features 4 executive offices.; Abundant free parking.
    (786) 260-0401 Call to check price and availability
    We can help!
    Contact for Pricing
    Please call us for current price
    and status of this listing Edward Schmidt
    Edward Schmidt
    Real Estate License ID: 0473167
    Learn More
    Request Owner's contact information
    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.
    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
    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

    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!