Add Listing
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    2331 State Road 7 Lauderhill, FL 33313

    Property Lookup

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

    2331 State Road 7 Lauderhill, FL 33313

    View on Map
    • Office properties & Spaces
    • 659 SF
    • 0.02 lot acres
    Off-Market
    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Office properties & Spaces

    Property Details for 2331 State Road 7

    Year built
    1972
    Lot size
    0.02 lot acres
    Property size
    659 SF
    Property type
    Office properties & Spaces

    Description

    This exceptional 659 square foot office suite, situated within the Sunrise Professional Center at 2331 N State Road 7, Unit 216, Lauderhill, FL, presents a fantastic investment opportunity. Currently undergoing renovations, this space is ideally suited for a variety of businesses. The thoughtfully designed layout includes a welcoming reception/office area, a spacious open floor plan with ample storage, and two private offices, ensuring privacy and functionality. A convenient kitchen and restroom are also included, adding to the overall convenience. The property sits on a 0.02-acre lot and boasts a highly desirable location directly on State Road 7, providing excellent visibility and accessibility. Abundant parking is available for clients and employees. Interior photos will be available soon, showcasing the completed renovations. This turnkey office space offers a compelling combination of location, functionality, and modern amenities, making it an ideal choice for businesses seeking a thriving and convenient location in Lauderhill. The asking price is $149,000. Don't miss this chance to secure a prime commercial property in a high-traffic area. Contact us today to schedule a viewing and learn more about this exciting opportunity.

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Lauderhill
    County
    Broward
    State
    Florida
    Longitude
    -80.2037
    Latitude
    26.1553

    Comparable in this City

    • Value Estimation by Request
      659 SF

      2331 State Road 7

      Office properties & Spaces • 659 SF
      2331 State Road 7, Lauderhill, FL 33313
      View Details
    • Value Estimation by Request

      2740 -2780 N State Rd

      Office properties & Spaces
      2740 -2780 N State Rd, Lauderdale Lakes, FL 33313
      View Details
    • Value Estimation by Request
      10,156 SF

      2349 State Road 7

      Office properties & Spaces • 10,156 SF
      2349 State Road 7, Lauderhill, FL 33313
      View Details
    • Value Estimation by Request
      659 SF

      2331 State Road 7

      Office properties & Spaces • 659 SF
      2331 State Road 7, Lauderhill, FL 33313
      View Details
    • Value Estimation by Request

      7179 Oakland Park Blvd

      Office properties & Spaces
      7179 Oakland Park Blvd, Lauderhill, FL 33313
      View Details
    • Value Estimation by Request
      1,750 SF

      2331 State Road 7

      Office properties & Spaces • 1,750 SF
      2331 State Road 7, Lauderhill, FL 33313
      View Details

    Similar Nearby for Sale

    • 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
    • $1,650,000
      Pending

      Stand Alone Building For Sale

      5000+/- sq ft building with office, warehouse, and storage.
      3071 NW 64Th Ave, Sunrise, FL 33313
      View Details

    Similar Nearby for Lease

    • $33 SF/Yr
      727 SF

      Sunrise Office Space: 727 sq ft

      Versatile Sunrise office, 727 sq ft, ample parking.
      6150 11Th Ln, Sunrise, FL 33313
      View Details
    • $1,750 /Mo
      Pending

      Mixed-Use Space in Lauderhill, FL

      Versatile commercial space suitable for retail, office, or professional services.
      1180 NW 41 Ln, Lauderhill, FL 33313
      View Details
    • $1,150 /Mo

      Professional Office Space in Lauderhill

      Office space in a secured building with high visibility.
      1773 N State Road 7, Lauderhill, FL 33313
      View Details
    • $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
    • $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
      1,765 SF

      Lauderhill Office Space For Lease

      Second-floor office unit in Sunrise Professional Center, Lauderhill, FL.
      2331 N State Road 7, Lauderhill, 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.
    2331 State Road 7
    Lauderhill, 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

    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!