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

    Commercial Land For Lease Sawgrass Expy Sunrise, FL 33323

    • Specialty properties
    For Lease
    View listing
    $0.33 SF/Yr
    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Specialty properties

    Property Details for 0 Commercial Land For Lease Sawgrass Expy

    Property type
    Specialty properties

    Description

    This exceptional 4-acre commercial land lease opportunity is situated along the Sawgrass Expressway in Sunrise, Florida. The property boasts a total area of 309,996 square feet and is zoned RM-16, allowing for a variety of commercial uses. Its prime location offers excellent accessibility and visibility, with close proximity to the Amerant Bank Arena, ensuring high traffic and potential customer base. The property's strategic placement is further enhanced by its adjacency to major transportation routes, providing seamless connectivity for businesses and employees. The development of a nearby Amazon fulfillment warehouse promises increased commercial activity and further strengthens the property's investment potential. This single-tenant property, identified by APN 494013010050, presents a unique chance to establish a significant commercial presence in a rapidly growing area. The property's size and location make it ideal for a wide range of commercial ventures, offering substantial potential for long-term growth and profitability. This is a rare opportunity to secure a substantial land parcel in a high-demand location with excellent infrastructure and future development prospects. Serious inquiries are encouraged.

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Sunrise
    County
    Broward
    State
    Florida
    Longitude
    -80.3289
    Latitude
    26.1597

    Comparable in this City

    • Value Estimation by Request
      4.04 Acres

      Sawgrass Corporate Pkwy

      Specialty properties • 4.04 Acres
      0 Sawgrass Corporate Pkwy, Sunrise, FL 33323
      View Details
    • Value Estimation
      $475,000
      1.00 Acres

      1800 136th Ave

      RECREATIONAL, ENTERTAINMENT • 1.00 Acres
      1800 136th Ave, Sunrise, FL 33323-5384
      View Details
    • Value Estimation
      $915,000
      72,442 SF

      13801 14th St

      OFFICE BUILDING (MULTI-STORY) • 72,442 SF
      13801 14th St, Sunrise, FL 33323-2844
      View Details
    • Value Estimation
      $1,730,000
      151,188 SF

      2590 Sawgrass Mls Cir

      PARKING GARAGE, PARKING STRUCTURE • 151,188 SF
      2590 Sawgrass Mls Cir, Fort Lauderdale, FL 33323
      View Details
    • Value Estimation
      $760,000
      21,025 SF

      1351 Sawgrass Corporate Pkwy

      OFFICE BUILDING • 21,025 SF
      1351 Sawgrass Corporate Pkwy, Sunrise, FL 33323-2831
      View Details
    • Value Estimation
      $570,000
      5,393 SF

      13655 Sunrise Blvd

      DRIVE-THRU RESTAURANT, FAST FOOD • 5,393 SF
      13655 Sunrise Blvd, Sunrise, FL 33323-3201
      View Details

    Similar Nearby for Sale

    • Contact for pricing
      27,000 SF

      Restaurant Space Near Sawgrass Mall

      Restaurant space for sale near Sawgrass Mills Mall entrance.
      12679-12717 W Sunrise Blvd, Fort Lauderdale, FL 33323
      View Details
    • $1,190,000
      1.33 Acres

      Plantation Acres Vacant Residential Lot

      Large vacant lot in Plantation Acres, close to shopping.
      12150 NW 27Th St, Fort Lauderdale, FL 33323
      View Details
    • $949,999
      0.86 Acres

      Residential Land in Plantation, FL

      Residential land suitable for building a dream house.
      11701 NW 11Th St, Fort Lauderdale, FL 33323
      View Details
    • New
      $160,000

      Turnkey Restaurant Business Opportunity

      Established restaurant with delivery-heavy model and consistent cash flow.
      Sunrise, FL 33323
      View Details
    • Contact for pricing
      2.11 Acres

      Sunrise Industrial Corner Unit

      Prime Sunrise location, 3,292+ sqft office
      1351 Sawgrass Corporate Pkwy Unit, Sunrise, FL 33323
      View Details
    • $119,000

      Turnkey Restaurant Opportunity Near Sawgrass

      Remodeled 110-seat restaurant with beer & wine license in Sunrise, FL.
      Sunrise, FL 33323
      View Details

    Similar Nearby for Lease

    • $0.33 SF/Yr
      309,996 SF

      Sawgrass Expressway Commercial Land Lease

      Prime Sunrise Location, 4 Acres Available
      0 Commercial Land For Lease Sawgrass Expy, Sunrise, FL 33323
      View Details
    • $22 SF/Yr
      24,469 SF

      Sawgrass Corporate Office Suites

      Premium Sunrise, FL Office Space
      1560 Sawgrass Corporate Pkwy, Sunrise, FL 33323
      View Details
    • Contact for pricing
      25,452 SF

      Sunrise Warehouse with Office Space

      Warehouse with office, AC, dock wells, and drive-in doors.
      1251 Sawgrass Corporate Pkwy, Sunrise, FL 33323
      View Details
    • Contact for pricing
      44,400 SF

      Plantation Retail Space For Lease

      44,400 SF Retail Space Available
      12300 Sunrise Blvd, Plantation, FL 33323
      View Details
    • $22 SF/Yr

      Office Space Near Corporate Park

      Office space in a 13-building campus near Sawgrass Park.
      1607 NW 136Th Way, Fort Lauderdale, FL 33323
      View Details
    • $24 SF/Yr
      3,910 SF

      Class A Office Space Available

      Professional office space for rent in Sunrise, Florida.
      1571 Sawgrass Corporate Pkwy, Sunrise, FL 33323
      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.
    Commercial Land For Lease Sawgrass Expy
    Sunrise, FL 33323
    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.
    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.