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Property profile & analytics
OFF-MARKET Estimated value $1,395,000
Retail space

1300 University Dr Pembroke Pines, FL 33024-5033

5,843 SF 0.48 ac lot Built 1972
Entity Owned 4-yr Hold ~ Est. High Equity
Property ID
US18-4148911
Property summary
AI-generated overview

This exceptional 5,843 square foot free-standing retail building is ideally situated in the heart of Pembroke Pines, Florida. Boasting a highly visible location between Denny's, Popeyes, and McDonald's, this single-tenant property offers unparalleled exposure and accessibility. The building features a total of 28 parking spaces, ensuring ample convenience for customers and employees. Currently configured with a restaurant space complete with existing appliances and kitchen equipment (though the hood requires replacement), and a smoke shop (lease expiring January 31, 2025), this property presents a versatile opportunity for a variety of businesses. The zoning designation is B-2. The property's address is 1300 N University Dr, and its APN is 514109040010. This one-story building presents a unique chance to establish a thriving business in a high-traffic area with significant brand recognition nearby. The property is zoned for B-2 commercial use. The building consists of a single suite, offering a cohesive and efficient layout. This is a rare opportunity to acquire a well-located, established retail space in a thriving commercial corridor.

Property profile
Verified
Property type Retail space
Use group RETAIL STORES (PERSONAL SERVICES)
Year built 1972
Construction CONCRETE
Total area 5,843 SF
Lot 0.48 ac (20,780 SF)
Zoning code (B-2)
APN 51-41-09-04-0010
UPID US18-4148911
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
$1.41M
CAP Approach CAP
$1.25M
Comparable Approach Comparable
$955k
Blend (final) Blend
$1.40M
Owner & transaction history
Skecc Realty INC · 4 yrs held
Skecc Realty INC
since 2022
Last sale
$1.7M
2 recorded transactions
2022
$1.7M
1969
Price N/A
Zoning & alternative use
(B-2) · Pembroke Pines, FL
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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