1545 Park Dr Weston, FL 33326
- Office buildings
- 5,438 SF
- 0.26 lot acres
Current Use by Public Records
- Office buildings
Property Details for 1545 Park Dr
- Year built
- 1999
- Construction
- CONCRETE
- Lot size
- 0.26 lot acres
- Property size
- 5,438 SF
- Zone code
- O-1
- Property type
- Office buildings
- APN
- 50-40-17-02-0036
- APU
- 504017020036
Description
This exceptional 5,438 square foot freestanding office building presents a unique investment opportunity in the highly desirable IPC area of Weston, Florida. Strategically located just 1.3 miles from the I-75 interstate, this property offers unparalleled accessibility and visibility. The building boasts a well-designed layout featuring over ten private offices, providing ample space for individual work or team collaboration. Two open-plan areas can accommodate 10-15 workstations, fostering a dynamic and collaborative work environment. A dedicated conference room facilitates meetings and presentations, while a comfortable break area provides a space for relaxation and informal gatherings. Two private restrooms ensure convenience for occupants, and a separate IT room allows for efficient network management and technological support. Situated on a 0.25-acre lot, this property offers ample parking and potential for future expansion. The asking price is $2,050,000, representing a compelling opportunity for businesses seeking a high-quality, well-appointed office space in a prime Weston location. The building's functional design and convenient location make it ideal for a variety of commercial uses. Its proximity to I-75 ensures easy access to major transportation routes, connecting businesses to a wider regional market. This is a rare opportunity to acquire a well-maintained, freestanding office building in a thriving commercial area.
Value Estimations
-
CAP approach
- CAP Return
- Estimation
- 6%
- $2,775,000
- 6.5%
- $2,565,000
- 7%
- $2,380,000
-
Comparable approach
- Method
- Estimation
- Statistic Estimate
- $2,173,000
Market price range: $1.43M - $5.07M -
Alternative Use
- Use
- Estimation
- OFFICE BUILDING
- $2,575,000 Current use
- COMMERCIAL (GENERAL)
- $2,815,000 Change: +9% Conversion: Easy
- INDUSTRIAL (GENERAL)
- $2,555,000 Change: -1% Conversion: Difficult
- MEDICAL BUILDING
- $2,535,000 Change: -2% Conversion: Easy
- RETAIL STORES
- $2,065,000 Change: -20% Conversion: Moderate
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Location Insight
- Map
- Local Demand
- City
- Weston
- County
- Broward
- State
- Florida
- Longitude
- -80.3651
- Latitude
- 26.0995
- CBSA code
- 33100
- CBSA name
- MIAMI-FORT LAUDERDALE-MIAMI BEACH, FL METROPOLITAN STATISTICAL AREA
