Office
9850 Stirling Road # 233, Cooper City, FL 33024
For Sale
Contact for pricing
The offering includes electricity, water, internet service, and janitorial service three days per week.
Property Size52,843 SF
Price / SF$0.02
Days on Market126
Property Features for 9850 Stirling Road # 233
General Information
Standard status
Size
Property subtype
Taxes and HOA fees
Annual Taxes
Building Details
Building Size
Year Built
Listing Agency:
Residential Property Realty Gr
Listed By:
Tania De Jesus
(305) 331-1350
Source:
Thekayangroup
Added: Jul 8
Changed: Nov 7
Last Checked: Nov 9 at 1:26PM
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 Residential Property Realty Gr
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This office unit is part of an office property built in 1987. The stated property size is 52,843 square feet.
Electricity, water, and internet service are included, along with janitorial service three days per week.
Electricity, water, and internet service are included, along with janitorial service three days per week.
Key Highlights
- Utilities and internet service included
- Janitorial service provided 3 days per week
- Office property built in 1987
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$1,685,718
Suggested Prices Based on Cap Rates
Cap Rate 5%
$33,714,360
$33.7M
Cap Rate 7%
$24,081,686
$24.1M
Cap Rate 9%
$18,730,200
$18.7M
Market Conditions
NOI Build-Up for 52,843 SF
Gross rent
$2.64M $50.04/SF
− Vacancy
−$396.6K −$7.51/SF
EGI
$2.25M $42.53/SF
− OpEx
−$561.9K −$10.63/SF
NOI
$1.69M $31.90/SF
Area
Broward County, FL
Vacancy
15.00%
Lease Rate
$50.04 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$33,714,360
Cap Rate 7%
$24,081,686
Cap Rate 9%
$18,730,200
Alternative Uses
Best Use
Office B
$24.08M
$21.07M – $28.10M
NOI $1,685,718 @ 7.0% cap
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$26.81M
$23.46M – $31.28M
NOI $1,876,664 @ 7.0% cap
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
1,232
Businesses Nearby
Explore this area
Business Placement
Demographics for 33024, FL
74,843
Population
26,552
Households
2.8
Avg Household Size
39
Median Age
28%
College-Educated
90%
High-School Grad
11.6 sq mi
ZIP Area
6,452
Density / Sq Mi
$76,501
Median Household Income
$38,144
Median Earnings
$1,724
Median Rent
$365,200
Median Home Value
Market
Average Price Trend$/SF for Office Units in Broward County, FL
Properties on Market for Office Units in Broward County
Vacancy Rate% for Office in South region
Frequently Asked Questions
What type of property is this?
Office unit - The offering includes electricity, water, internet service, and janitorial service three days per week.
Where is this office unit located?
The property is located at 9850 Stirling Road # 233 Cooper City, FL.
What are key features of this property?
This property features: Utilities and internet service included; Janitorial service provided 3 days per week; Office property built in 1987
