Your AI Navigator in Commercial Real Estate
Sign Up Successful!
You now have access to more from Realmo!
Property Lookup
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    Property profile & analytics

    7700 University Dr Tamarac, FL 33321

    • Mixed-use properties
    • 2.28 lot acres
    OFF-MARKET
    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Mixed-use properties

    Property Details for 7700 University Dr

    Lot size
    2.28 lot acres
    Property type
    Mixed-use properties
    Property subtype
    Land

    Description

    This exceptional 2.28-acre parcel presents a remarkable investment opportunity in the thriving city of Tamarac, Florida. Located at 7700 N University Dr, this property boasts a highly desirable MU-N zoning designation, opening doors to a wide array of commercial development possibilities. The expansive lot size provides ample space for a variety of projects, catering to diverse business needs. Situated in Broward County, this strategically positioned land offers excellent visibility and accessibility, benefiting from its prominent location on University Drive. The asking price is $3,100,000. Detailed zoning information is available for review during the due diligence process. This is a rare chance to acquire a significant piece of land in a rapidly growing area, ideal for developers seeking a prime location to build their next venture. The property's address is easily accessible and visible from University Drive, ensuring high traffic and exposure for any future development. The 33321 zip code offers a strong residential and commercial base, providing a ready-made market for new businesses. This is a blank canvas for a visionary developer to create a thriving commercial space. The 2.28 acres provide significant flexibility in design and development, allowing for a customized approach to meet specific business needs. Don't miss this opportunity to secure a prime piece of real estate in a dynamic and growing market.

    Value Estimations

    Powered by Realmo proprietary methodology Last update: July 3, 2025

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Tamarac
    County
    Broward
    State
    Florida
    Longitude
    -80.252
    Latitude
    26.2174

    Comparable in this City

    • Value Estimation by Request

      8229 88Th Ave

      Medical offices
      8229 88Th Ave, Tamarac, FL 33321
      View Details
    • Value Estimation by Request
      16.16 Acres

      12798 Wiles Rd

      Land • 16.16 Acres
      12798 Wiles Rd, Coral Springs, FL 33321
      View Details
    • Value Estimation by Request
      19,993 SF

      6400 University Dr, Unit 6424

      STORE/OFFICE (MIXED USE) • 19,993 SF
      6400 University Dr, Tamarac, FL 33321-4019
      View Details
    • Value Estimation by Request
      32,586 SF

      8005 Mcnab Rd

      STORE/OFFICE (MIXED USE) • 32,586 SF
      8005 Mcnab Rd, Tamarac, FL 33321-3219
      View Details
    • Value Estimation
      $4,020,000
      29,593 SF

      7300 Mcnab Rd, Unit 7310

      STORE/OFFICE (MIXED USE) • 29,593 SF
      7300 Mcnab Rd, Tamarac, FL 33321-5300
      View Details
    • Value Estimation by Request
      12,988 SF

      5800 University Dr, Unit 5816

      STORE/OFFICE (MIXED USE) • 12,988 SF
      5800 University Dr, Tamarac, FL 33321-4634
      View Details

    Similar Nearby for Sale

    • $3,200,000
      30,000 SF

      Prime Tamarac Medical Office Condo

      9,207 SF, 13 Exam Rooms, Great Location
      7171 University Dr, Tamarac, FL 33321
      View Details
    • $210,000

      Tamarac Retail Space - $210K

      Established Business Opportunity in Florida
      7114 Southgate Blvd, Tamarac, FL 33321
      View Details
    • $1,390,000

      Commercial Parcel on University Drive

      Commercial parcel for sale or lease on N. University Drive.
      7830 N University Dr, Fort Lauderdale, FL 33321
      View Details
    • Contact for pricing
      1.10 Acres

      Tamarac Retail Space For Lease

      High-traffic retail space, 1600+ sq ft.
      5820 University Dr, Tamarac, FL 33321
      View Details
    • Contact for pricing
      3.45 Acres

      Tamarac Retail Center Investment

      Prime Tamarac retail space available.
      7118 Nob Hill Rd, Tamarac, FL 33321
      View Details
    • $429,000

      Tamarac Office Space For Sale

      Prime Corner Office, 1152 sq ft, $429,000
      7737 University Dr, Tamarac, FL 33321
      View Details

    Similar Nearby for Lease

    • Contact for pricing
      703,930 SF

      Sawgrass Industrial Land Investment

      16-Acre Coral Springs Truck & Trailer Yard
      12798 Wiles Rd, Coral Springs, FL 33321
      View Details
    • Contact for pricing

      Tamarac House of Worship Space

      Shared Lease: Flexible Worship Space
      6610 University Dr, Tamarac, FL 33321
      View Details
    • $550 /Mo

      Single Room Office Suite

      Spacious office suite with included amenities in central location.
      8400 N University Dr, Fort Lauderdale, FL 33321
      View Details
    • Contact for pricing
      2,800 SF

      University Commons Retail Spaces

      Tamarac, FL Shopping Center Opportunity
      6702-6852 University Dr, Tamarac, FL 33321
      View Details
    • $19 SF/Yr
      1,200 SF

      Tamarac Office Space For Lease

      1,200 sq ft Office, Retail Space in Tamarac, FL
      7130 Mcnab Rd, Tamarac, FL 33321
      View Details
    • $30 SF/Yr

      Tamarac Medical Office Space Available

      840 SF medical office space for lease in Tamarac, FL.
      7171 N University Dr, Fort Lauderdale, FL 33321
      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.
    7700 University Dr
    Tamarac, FL 33321
    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.

    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
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.