Add Listing
    Property Lookup
    • For Sale
    • For Lease
    • Sold
    • Property Lookup
    • Brokers
    1075 Sunset Strit Sunrise, FL 33313

    Property Lookup

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

    1075 Sunset Strit Sunrise, FL 33313

    View on Map
    • Commercial real estate
    Off-Market
    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Commercial real estate

    Property Details for 1075 Sunset Strit

    Property type
    Commercial real estate

    Description

    This exceptional commercial condo unit, situated at 1075 Sunset Street in Sunrise, Florida, presents a fantastic opportunity for business owners seeking a strategic location and affordable ownership. Priced at $450,450, this property offers a compelling alternative to the ongoing expense of renting. The unit's convenient location provides easy access to major transportation arteries, including the Turnpike, I-97, and I-95, ensuring seamless commutes for employees and clients alike. While the exact square footage isn't specified, the property is described as a "nice condo office unit," suggesting a comfortable and functional workspace. The property is a general commercial unit, suitable for a variety of business types. A significant advantage is the possibility of owner financing, making this property accessible to a wider range of potential buyers. Furthermore, the low monthly maintenance fee of $537 contributes to the overall affordability and attractive return on investment. This is an ideal opportunity to establish or expand your business in a thriving Sunrise location with convenient access to major roadways and the added benefit of potential owner financing. Don't miss out on this chance to own your workspace instead of paying rent. Contact us today to schedule a viewing.

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Sunrise
    County
    Broward
    State
    Florida
    Longitude
    -80.2318
    Latitude
    26.1377

    Comparable in this City

    • Value Estimation by Request
      1,500 SF

      6761 Sunrise Blvd

      Commercial real estate • 1,500 SF
      6761 Sunrise Blvd, Plantation, FL 33313
      View Details
    • Value Estimation by Request
      2.00 Acres

      2331 State Road 7

      Commercial real estate • 2.00 Acres
      2331 State Road 7, Lauderhill, FL 33313
      View Details
    • Value Estimation by Request

      4037 19Th St

      Retail properties & Spaces
      4037 19Th St, Lauderhill, FL 33313
      View Details
    • Value Estimation by Request
      1,200 SF

      6017 Sunrise Blvd

      Individual retail properties • 1,200 SF
      6017 Sunrise Blvd, Sunrise, FL 33313
      View Details
    • Value Estimation by Request
      3,000 SF

      5943 Oakland Park Blvd

      Retail properties & Spaces • 3,000 SF
      5943 Oakland Park Blvd, Lauderhill, FL 33313
      View Details
    • Value Estimation by Request

      1075 Sunset Strip

      Flex space
      1075 Sunset Strip, Sunrise, FL 33313
      View Details

    Similar Nearby for Sale

    • Contact for pricing
      1,942 SF

      Duplex with Fruit Trees

      Duplex featuring two units, each with two bedrooms.
      5441 NW 17Th Ct, Lauderhill, FL 33313
      View Details
    • Contact for pricing

      Upgraded Office Space Available

      Upgraded office in busy plaza on State Road 7.
      2331 N State Road 7, Lauderdale Lakes, FL 33313
      View Details
    • $890,000

      Lauderhill Triplex Investment Opportunity

      Single-story triplex with strong rental income potential in Lauderhill, Florida.
      2761 NW 58Th Ter, Lauderhill, FL 33313
      View Details
    • $890,000

      Lauderhill Triplex Investment Opportunity

      Single-story triplex with strong rental income potential in Lauderhill, Florida.
      2767 NW 58Th Ter, Lauderhill, FL 33313
      View Details

    Similar Nearby for Lease

    • $1,800 /Mo

      Renovated Office Space Available

      Move-in ready office with new A/C, lighting, and flooring.
      2331 N State Road 7, Lauderhill, FL 33313
      View Details
    • $16 SF/Yr

      Plantation Warehouse Space Available

      Compact bay warehouse space for lease in Plantation, Florida.
      1375 NW 65Th Ave, Plantation, FL 33313
      View Details
    • $995 /Mo

      Professional Office Space Available

      Office space in Lauderhill with high visibility and ample parking.
      1773 N State Road 7, Lauderhill, FL 33313
      View Details
    • $3,500 /Mo
      Pending

      Plantation Flex Space For Rent

      Flex space with bay doors available for rent in Plantation.
      6601 NW 14Th St, Plantation, FL 33313
      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.
    1075 Sunset Strit
    Sunrise, FL 33313
    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

    1075 Sunset Strit, Sunrise, FL, 33313

    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!