Add Listing
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    3401 State Road 7 Lauderdale Lakes, FL 33319

    Property Lookup

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

    3401 State Road 7 Lauderdale Lakes, FL 33319

    View on Map
    • Retail properties & Spaces
    Off-Market
    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Retail properties & Spaces

    Property Details for 3401 State Road 7

    Property type
    Retail properties & Spaces

    Description

    This exceptional 12,000 square foot retail space is ideally situated at 3401 N State Road 7 #4060 in Lauderdale Lakes, Florida, 33319. The property boasts a prime location with excellent frontage on State Road 7, ensuring high visibility and significant vehicle traffic. This single-tenant space is part of a vibrant shopping center known for its attractive design and fresh look, designed to draw in customers. The property is zoned TC and features a total of one suite within the building. The APN is 494124AN0030. This presents a unique opportunity for businesses seeking a high-traffic location with strong visual appeal. Lease terms include a two-month security deposit and first month's rent paid in advance, plus applicable sales tax. This property offers a compelling combination of location, size, and aesthetic appeal, making it an ideal space for a variety of retail businesses. The property's prominent location and attractive design make it a highly desirable retail space. Serious inquiries only.

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Lauderdale Lakes
    County
    Broward
    State
    Florida
    Longitude
    -80.2036
    Latitude
    26.1688

    Comparable in this City

    • Value Estimation by Request
      23,455 SF

      6420-64 Commercial Blvd

      Individual retail properties • 23,455 SF
      6420-64 Commercial Blvd, Tamarac, FL 33319
      View Details
    • Value Estimation by Request
      39,825 SF

      4177 State Road 7

      Lifestyle centers • 39,825 SF
      4177 State Road 7, Lauderdale Lakes, FL 33319
      View Details
    • Value Estimation by Request
      700 SF

      State Road 7

      Retail properties & Spaces • 700 SF
      0 State Road 7, Tamarac, FL 33319
      View Details
    • Value Estimation by Request
      236,933 SF

      4001 Commercial Blvd

      Retail properties & Spaces • 236,933 SF
      4001 Commercial Blvd, Tamarac, FL 33319
      View Details
    • Value Estimation by Request

      5611 State Road 7

      Individual retail properties
      5611 State Road 7, Fort Lauderdale, FL 33319
      View Details
    • Value Estimation by Request

      5256 University Dr

      Restaurants
      5256 University Dr, Tamarac, FL 33319
      View Details

    Similar Nearby for Sale

    • $349,000

      Professional Office Space, Lauderhill

      Professional office space suitable for retail or office use.
      4502 Inverrary Blvd, Lauderhill, FL 33319
      View Details
    • Contact for pricing
      6,825 SF

      New Retail Strip Center For Sale

      New construction retail strip center with drive-thru in Fort Lauderdale.
      3920 Prospect Rd, Fort Lauderdale, FL 33319
      View Details
    • Contact for pricing

      Commercial Blvd Retail Development Opportunity

      New retail development with drive-through and ample parking.
      7240 W Commercial Blvd, Lauderhill, FL 33319
      View Details
    • $349,000

      Professional Office Space for Sale

      Professional office space suitable for retail or office use.
      4502 Inverrary Blvd, Lauderhill, FL 33319
      View Details

    Similar Nearby for Lease

    • Contact for pricing
      181,576 SF

      Ft. Lauderdale Plaza Retail Space

      Prime Broward County retail space available.
      0 Commercial Blvd. & University Dr, Tamarac, FL 33319
      View Details
    • Contact for pricing
      1,592 SF

      High-Visibility Auto Sales Location

      Prime location for auto sales with high traffic and visibility.
      5350 N State Road 7, Fort Lauderdale, FL 33319
      View Details
    • Contact for pricing

      Inverrary Plaza West Retail Space

      Neighborhood center at a high-traffic intersection with strong demographics.
      7301-7345 Inverrary Blvd West, Lauderhill, FL 33319
      View Details
    • Contact for pricing

      Retail Development on Commercial Blvd

      New retail, office, medical space for rent in Lauderhill.
      7240 W Commercial Blvd, Lauderhill, FL 33319
      View Details
    • Contact for pricing
      1,600 SF

      Retail Storefronts in Lauderdale Lakes

      Storefronts for lease in busy shopping center with parking.
      3708-3746 N State Road 7, Lauderdale Lakes, FL 33319
      View Details
    • Contact for pricing

      Sunshine Plaza Retail Space Available

      236,933 SF shopping center with high traffic location.
      4001 W Commercial Blvd, Tamarac, FL 33319
      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.
    3401 State Road 7
    Lauderdale Lakes, FL 33319
    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!