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    Weston, FL 33326

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    Weston, FL 33326

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    • Investment properties
    For Sale
    $255,000
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    Thriving Weston Fitness Center For Sale
    $255,000

    Thriving Weston Fitness Center

    Profitable Fitness Business for Sale

    Fort Lauderdale, FL 33326
    View Listing
    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Investment properties

    Property Details

    Property type
    Investment properties

    Description

    This exceptional fitness center, rebranded in 2024, presents a unique investment opportunity in the vibrant Weston, Florida market. The business boasts a modern gym facility equipped with cutting-edge training technology, offering clients an innovative and effective workout experience. Beyond traditional fitness offerings, the center has expanded its services to include laser hair removal, attracting a wider customer base and increasing revenue streams. The current business model benefits from a strong team structure, including one manager, three full-time employees, and one part-time employee, all contributing to the smooth and efficient operation of the facility. The center enjoys a prime location in a high-traffic area with ample parking, ensuring easy accessibility for clients. A loyal customer base and a reputation for excellence within the local fitness community provide a solid foundation for continued growth and profitability. The business is offered with two weeks of complimentary training for the new owner, facilitating a seamless transition. This turnkey operation is poised for continued success, making it an attractive investment for those seeking a profitable and established business in a thriving market. Financial details are available upon request. The asking price is $255,000.

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Weston
    County
    Broward
    State
    Florida
    Longitude
    -80.3609
    Latitude
    26.1239

    Comparable in this City

    • Value Estimation
      $2,185,000
      4,715 SF

      1435 Park Dr

      STORE/OFFICE (MIXED USE) • 4,715 SF
      1435 Park Dr, Weston, FL 33326-3208
      View Details
    • Value Estimation by Request

      State Rd

      Investment properties
      State Rd, Sunrise, FL 33326
      View Details
    • Value Estimation
      $9,165,000
      27,172 SF

      1500 Weston Rd, Unit 1548

      STORE/OFFICE (MIXED USE) • 27,172 SF
      1500 Weston Rd, Weston, FL 33326-3263
      View Details
    • Value Estimation
      $5,575,000
      18,251 SF

      1631 Bonaventure Blvd, Unit 1691

      STORE/OFFICE (MIXED USE) • 18,251 SF
      1631 Bonaventure Blvd, Weston, FL 33326-4040
      View Details
    • Value Estimation
      $5,055,000
      11,752 SF

      2300 Weston Rd

      STORE/OFFICE (MIXED USE) • 11,752 SF
      2300 Weston Rd, Weston, FL 33326-3248
      View Details
    • Value Estimation by Request

      Sunrise, FL 33326

      Investment properties
      Sunrise, FL 33326
      View Details

    Similar Nearby for Sale

    • $255,000

      Thriving Weston Fitness Center

      Profitable Fitness Business for Sale
      Weston, FL 33326
      View Details
    • $242,000

      Sunrise CafГ© Business Opportunity

      High-traffic plaza, fully equipped, 4.8-star rating.
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      Sunrise Restaurant & Bar for Sale

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      Sunrise Business Opportunity: Prime Location

      High-growth potential, established business.
      State Rd, Sunrise, FL 33326
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    Similar Nearby for Lease

    • Contact for pricing
      104,392 SF

      Industrial Warehouse in Weston Park

      226,392 SF industrial warehouse and distribution building for lease.
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    • $40 SF/Yr

      Loft Style Office in Weston

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      Warehouse space for rent in Weston, Florida.
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    • $25 SF/Yr
      4,706 SF

      Three-Story Office Building For Rent

      33,651-sf office building with recent improvements and ample parking.
      1625 N Commerce Pkwy, Weston, FL 33326
      View Details
    View Listing
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    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.

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