Add Listing
    Property Lookup
    • For Sale
    • For Lease
    • Sold
    • Property Lookup
    • Brokers
    700 State Road 7 Plantation, FL 33317

    Property Lookup

    The Largest CRE Database in the US with Over 1 Million Listings
    Property profile & analytics

    700 State Road 7 Plantation, FL 33317

    View on Map
    • Land
    • 0.79 lot acres
    Off-Market
    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Land

    Property Details for 700 State Road 7

    Lot size
    0.79 lot acres
    Property type
    Land

    Description

    This exceptional 0.79-acre commercial land parcel is strategically located at 700 S. State Rd 7 in Plantation, Florida, within Broward County (zip code 33317). The property boasts significant frontage of 441 feet, offering excellent visibility and accessibility for any commercial venture. Currently zoned B-HC, this single-tenant site presents a unique opportunity for developers and businesses seeking a prime location in a thriving area. The land is available for lease and its size provides ample space for a variety of commercial developments. Its location on State Road 7 ensures high traffic volume and exposure to a large potential customer base. The property's coordinates are 26.1127239 latitude and -80.2010455 longitude. Serious inquiries are encouraged to explore the possibilities this exceptional property offers. This is a rare opportunity to secure a highly visible and strategically located commercial land parcel in a rapidly growing market. The property's size and zoning make it suitable for a wide range of commercial uses, providing significant potential for return on investment. Don't miss this chance to establish your business in a prime Plantation location.

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Plantation
    County
    Broward
    State
    Florida
    Longitude
    -80.201
    Latitude
    26.1127

    Comparable in this City

    • Value Estimation by Request
      1.13 Acres

      123 Main St

      Automotive properties • 10,479 SF
      123 Main St, Plantation, FL 33317
      View Details
    • Value Estimation by Request
      0.79 Acres

      700 State Road 7

      Land • 0.79 Acres
      700 State Road 7, Plantation, FL 33317
      View Details
    • Value Estimation by Request
      8.80 Acres

      5050 Peters Rd

      Farms • 8.80 Acres
      5050 Peters Rd, Plantation, FL 33317
      View Details
    • Value Estimation by Request

      1819 State Road 7

      Distribution properties
      1819 State Road 7, Davie, FL 33317
      View Details
    • Value Estimation by Request
      26,284 SF

      7421 4Th St

      Office properties & Spaces • 26,284 SF
      7421 4Th St, Plantation, FL 33317
      View Details
    • Value Estimation
      $1,255,000
      2,917 SF

      401-405 State Rd 7th 7

      COMMERCIAL (GENERAL) • 2,917 SF
      401-405 State Rd 7th 7, Plantation, FL 33317
      View Details

    Similar Nearby for Sale

    • $4,300,000
      1.13 Acres

      Plantation Auto Repair Business & Real Estate

      High-Visibility Auto Shop, Great Redevelopment Potential
      123 Main St, Plantation, FL 33317
      View Details
    • Contact for pricing

      7.82-Acre Development Site

      7.82-acre development site in Lauderdale Lakes, Florida.
      49Th Ave Northeast, Lauderdale Lakes, FL 33317
      View Details
    • $1,999,990

      Vacant Lot with Small Office

      Vacant lot with small office on Peters Road.
      4420 Peters Rd, Fort Lauderdale, FL 33317
      View Details
    • $5,800,000
      36,354 SF

      Plantation Medical Office Complex

      Two buildings, 36,354 SF, prime location.
      Plantation, FL 33317
      View Details
    • $4,850,000
      10,886 SF

      Davie Warehouse/Distribution Investment Opportunity

      10,886 SF Davie building suitable for industrial, warehouse, or distribution.
      7051 SW 21St Pl, Davie, FL 33317
      View Details

    Similar Nearby for Lease

    • Contact for pricing

      Plantation, FL - Renovated Office

      Prime leasing opportunity for medical or general office use.
      4121 NW 5Th St, Plantation, FL 33317
      View Details
    • Contact for pricing
      16,691 SF

      Plantation Retail Space For Lease

      Retail space available in West Broward Shopping Center.
      2 Florida 7, Plantation, FL 33317
      View Details
    • Contact for pricing

      Medical/Professional Plaza Office Space

      Office space in a professional and medical plaza.
      7340 NW 5Th St, Plantation, FL 33317
      View Details
    • Contact for pricing
      30,925 SF

      Warehouse/Flex/Showroom Space For Rent

      Prime warehouse/flex/showroom space with convenient highway access.
      2501 Davie Road Ext, Davie, FL 33317
      View Details
    • Contact for pricing
      3,234 SF

      High-Visibility Automotive Property on State Road 7

      Expansive lot ideal for automotive businesses with repair and detail areas.
      1590 S State Road 7, Fort Lauderdale, FL 33317
      View Details
    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.
    700 State Road 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
    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

    Thank You for Inquiry

    700 State Road 7, Plantation, FL, 33317

    letter with green check mark
    Check your email

    We sent you the

    agent's contact details. yellow underline

    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!