Add Listing
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Weston, FL 33324
    Back to Search
    Property profile & analytics

    , Weston, FL 33324

    View on Map
    • Investment properties
    Off-Market
    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Investment properties

    Property Details

    Property type
    Investment properties

    Description

    This exceptional restaurant opportunity in Weston, Florida, presents a unique chance to acquire a well-established business with a stellar reputation. Boasting 48 indoor seats and additional outdoor patio seating with captivating waterviews, this establishment is situated in a highly desirable strip mall known for its picturesque water views and consistently full parking lot. The restaurant features a fully equipped kitchen, including a substantial 6-inch hood and grease trap, ensuring efficient operation. Strong financial records are available for review, demonstrating the consistent profitability of this location. The current tenant base within the strip mall is comprised of national brands, providing a stable and attractive environment for customers. The existing restaurant concept is adaptable, offering the potential to introduce a new culinary vision, subject to landlord approval, should market analysis indicate a lack of direct competition within the mall. This turnkey operation is ready for a new owner to step in and continue its success or to implement innovative changes. The property's prime location and established customer base make this a truly exceptional investment opportunity. 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
    Weston
    County
    Broward
    State
    Florida
    Longitude
    -80.3609
    Latitude
    26.1239

    Comparable in this City

    • Value Estimation
      $5,960,000
      27,102 SF

      1121 University Dr, Unit 1137

      STORE/OFFICE (MIXED USE)
      1121 University Dr, Plantation, FL 33324-3322
      View Details
    • Value Estimation by Request

      Plantation, FL 33324

      Investment properties
      Plantation, FL 33324
      View Details
    • Value Estimation by Request
      1,550 SF

      Plantation, FL 33324

      Investment properties
      Plantation, FL 33324
      View Details
    • Value Estimation by Request

      Davie, FL 33324

      Investment properties
      Davie, FL 33324
      View Details
    • Value Estimation by Request
      2,510 SF

      Sushi - Thai Restaurant For Sale In Plantation-Profitable And Sba Available

      Restaurants
      0 Sushi - Thai Restaurant For Sale In Plantation-Profitable And Sba Available, Plantation, FL 33324
      View Details
    • Value Estimation by Request
      3.34 Acres

      American Expy Way

      VACANT COMMERCIAL LAND
      American Expy Way, Plantation, FL 33324
      View Details

    Similar Nearby for Sale

    • $500,000
      1,550 SF

      Thriving Podiatric Practice in Plantation

      Established medical practice, turnkey operation, high growth potential.
      Plantation, FL 33324
      View Details
    • $387,000

      Davie Gourmet Restaurant Opportunity

      Established Mexican Restaurant, Full Liquor License
      Davie, FL 33324
      View Details
    • $4,200,000
      7,768 SF

      Plantation ALF Portfolio: High ROI

      Profitable Assisted Living Facilities in South Florida
      Plantation, FL 33324
      View Details
    • Contact for pricing
      2,837 SF

      NNN Lease Retail Investment

      Retail property with a 15-year absolute NNN lease.
      10197 Cleary Blvd, Plantation, FL 33324
      View Details
    • Contact for pricing

      Class A Office Building

      Class A office building in central Broward County location.
      2 South University Dr, Plantation, FL 33324
      View Details

    Similar Nearby for Lease

    • $27 SF/Yr
      8,137 SF

      Four-Story Office Building For Rent

      95,251 SF office building with convenient Broward County location.
      8050 SW 10Th St, Plantation, FL 33324
      View Details
    • Contact for pricing

      Warehouse with Office Space

      3,520 SF warehouse with office near major transportation hubs.
      10376 W State Road 84, Davie, FL 33324
      View Details
    • Contact for pricing
      3,222 SF

      Plantation Midtown Professional Office Space

      Class B+ office building in Plantation Midtown District.
      8181 W Broward Blvd, Plantation, FL 33324
      View Details
    • Contact for pricing
      1,440 SF

      Plantation Retail Space Available

      Retail space available for rent in Plantation, Florida.
      1361-1387 S University Dr, Plantation, FL 33324
      View Details
    • Contact for pricing
      6,448 SF

      Class A Office Space

      Fully furnished Class A office space in Downtown Fort Lauderdale.
      1936 S Andrews Ave, Fort Lauderdale, FL 33324
      View Details
    • Contact for pricing

      Flexible Office Space Available

      Global network of workspaces with tailored options for any business.
      950 S Pine Island Rd, Plantation, FL 33324
      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.
    Weston, FL 33324
    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
    Weston, FL, 33324
    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!