Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    You're browsing as guest. Top-line numbers are free. Full reports — owner contacts, refine, methodology — are paid. Guest mode. Top-line is free.
    New search
    Property profile & analytics
    FOR LEASE
    Office buildings

    1299 E Commercial Blvd, Oakland Park, FL 33334

    17,624 SF 0.75 ac lot Built 1975
    Entity Owned 4-yr Hold ~ Est. High Equity
    Property ID
    US18-0183297
    Property summary
    AI-generated overview

    This exceptional two-story medical and traditional office building in Oakland Park, Broward County, offers 14,946 square feet of first-generation space. Multiple suites are available, ranging from a minimum of 207 square feet to a maximum contiguous space of 2,920 square feet; currently, 2,920 square feet is vacant. The building sits on a 0.52-acre lot and is zoned B-1 by the City of Oakland Park. The property boasts ample parking, with a ratio of 4 spaces per 1,000 square feet. Its strategic location provides convenient access to major hospitals, the Cypress Creek Business District, and a variety of hotels and restaurants. The high daily traffic count of approximately 55,000 vehicles ensures excellent visibility and accessibility. Specific suite sizes include approximately 207, 537, 612, 743, 1,428, 2,103, 2,713, and 2,920 square feet, offering a variety of options to suit diverse business needs. This is an ideal opportunity for medical practices or other professional businesses seeking a modern, well-located space.

    Property profile
    Verified
    Property type Office buildings
    Use group PROFESSIONAL BUILDING (MULTI-STORY)
    Year built 1975
    Construction CONCRETE
    Total area 17,624 SF
    Lot 0.75 ac (32,755 SF)
    Zoning code B-1
    APN 49-42-11-07-4920
    UPID US18-0183297
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    $4.38M
    CAP Approach CAP
    by Request
    Comparable Approach Comparable
    $5.34M
    Blend (final) Blend
    $5.05M
    Owner & transaction history
    Ranjika Nanayakkara Boca INC · 4 yrs held
    Ranjika Nanayakkara Boca INC
    since 2022
    Last sale
    $4.0M
    7 recorded transactions
    2022
    $4.0M
    2009
    2007
    $1.7M
    2006
    $1.3M
    2005
    2005
    1969
    Zoning & alternative use
    B-1 · Oakland Park, FL
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
    Top alternative use upside
    Industrial (general) $8.3M +22.5%
    Medical building $8.2M +21.5%
    Retail stores $7.0M +3.0%
    Try Rey
    Ask anything about this address in plain English.
    “Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
    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