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    1995 Oakland Park Blvd Oakland Park, FL 33306-1147
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    Property profile & analytics

    1995 Oakland Park Blvd Oakland Park, FL 33306-1147

    View on Map
    • Office buildings
    • 20,987 SF
    • 0.77 lot acres
    Off-Market
    Last Sale Feb 28, 2023
    $3,065,000
    Property ID
    US18-3636218
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.
    Value Estimations
    $3,440,000
    Show details
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Office buildings

    Property Details for 1995 Oakland Park Blvd

    Year built
    1975
    Construction
    CONCRETE
    Lot size
    0.77 lot acres
    Property size
    20,987 SF
    Zone code
    B-1
    Property type
    Office buildings
    APN
    49-42-24-05-0011
    APU
    494224050011

    Description

    This exceptional three-story Class B office building, located at 1995 E Oakland Park Blvd in Fort Lauderdale, FL 33306 (APN 494224050011), presents a unique opportunity. The building totals 20,987 square feet and features a single, large suite currently offering 2,050 square feet of vacant space, ideal for a variety of businesses. The property is zoned B-1 and boasts convenient access to major transportation arteries, including US-1 and I-95, ensuring easy commutes for employees and clients. The building offers ample parking with 50 spaces available, and a single elevator serves all three floors. Situated in a busy and safe area, this traditional office building provides a professional and accessible environment. The building's location on E Oakland Park Blvd offers excellent visibility and accessibility. This is a single-building property with multiple tenants. The property is well-maintained and ready for immediate occupancy. Don't miss this chance to secure a prominent location in a thriving Fort Lauderdale business district.

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

      Method
      Estimation
      Statistic approach
      $3,560,000
      ML approach
      $3,670,000

    • Comparable approach

      Method
      Estimation
      AI Estimate
      $3,834,000
      Market price range: $1.46M - $7.16M

    Get a detailed, property-specific estimation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    Oakland Park
    County
    Broward
    State
    Florida
    Longitude
    -80.12
    Latitude
    26.1676
    CBSA code
    33100
    CBSA name
    MIAMI-FORT LAUDERDALE-MIAMI BEACH, FL METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $67,164
    $611,050
    $2,227,910
    $2,838,960
    -
    $611,050
    $2,227,910
    $2,838,960

    Comparable in this City

    • Value Estimation
      $7,620,000
      18,650 SF

      2626 Oakland Park Blvd

      OFFICE BUILDING (MULTI-STORY) • 18,650 SF
      2626 Oakland Park Blvd, Fort Lauderdale, FL 33306-1603
      View Details
    • Value Estimation
      $2,740,000
      11,868 SF

      2840 Oakland Park Blvd

      OFFICE BUILDING (MULTI-STORY) • 11,868 SF
      2840 Oakland Park Blvd, Fort Lauderdale, FL 33306-1814
      View Details
    • Value Estimation by Request
      356 SF

      3045 Federal Hwy, Unit 4

      OFFICE BUILDING (MULTI-STORY) • 356 SF
      3045 Federal Hwy, Fort Lauderdale, FL 33306-1431
      View Details
    • Value Estimation
      $1,495,000
      4,983 SF

      2888 Oakland Park Blvd

      OFFICE BUILDING • 4,983 SF
      2888 Oakland Park Blvd, Fort Lauderdale, FL 33306-1814
      View Details
    • Value Estimation
      $1,220,000
      6,832 SF

      2700 Oakland Park Blvd

      OFFICE BUILDING • 6,832 SF
      2700 Oakland Park Blvd, Fort Lauderdale, FL 33306-1623
      View Details
    • Value Estimation
      $1,135,000
      2,859 SF

      2856 Oakland Park Blvd

      OFFICE BUILDING • 2,859 SF
      2856 Oakland Park Blvd, Fort Lauderdale, FL 33306-1814
      View Details

    Similar Nearby for Sale

    • $4,500,000
      21,875 SF

      Fort Lauderdale Office Building For Sale

      Centrally located office building with ample parking and easy access.
      2801-2831 E Oakland Park Blvd, Fort Lauderdale, FL 33306
      View Details
    • Contact for pricing

      Oakland Park Blvd Flex Space

      Well-located flex space with office and open-use area.
      2876 E Oakland Park Blvd, Fort Lauderdale, FL 33306
      View Details
    • $1,990,000
      3,416 SF

      Office Space with Prominent Signage

      Office space for rent with high traffic and parking.
      2700 E Oakland Park Blvd, Fort Lauderdale, FL 33306
      View Details
    • Contact for pricing

      Professional Office Space Available

      Office suite on E Oakland Park Blvd with shared amenities.
      2691 E Oakland Park Blvd, Fort Lauderdale, FL 33306
      View Details

    Similar Nearby for Lease

    • $28 SF/Yr
      3,443 SF

      East Oakland Park Office Building

      Freestanding, renovated office building with high-visibility signage available for rent.
      2876 East Oakland Park Blvd, Fort Lauderdale, FL 33306
      View Details
    • $45 SF/Yr

      Landmark Building in Oaklyn Campus

      Eight-story building with panoramic views in a live-work-play complex.
      3101 N Federal Hwy, Fort Lauderdale, FL 33306
      View Details
    • $45 SF/Yr

      Landmark Office Building For Rent

      Prominent 8-story office building with ample parking and panoramic views.
      3101 N Federal Hwy, Oakland Park, FL 33306
      View Details
    • $70 SF/Yr

      Oakland Park Live-Work-Play Retail Space

      Ground-floor retail in high-energy Oaklyn Campus with built-in customer base.
      3333 N Federal Hwy, Oakland Park, FL 33306
      View Details
    • $36 SF/Yr
      12,249 SF

      Fort Lauderdale Flex Space Available

      Versatile flex space on Oakland Park Blvd for lease.
      2876 E Oakland Park Blvd, Fort Lauderdale, FL 33306
      View Details
    • $2,500 /Mo
      871 SF

      Fort Lauderdale Commercial Space Available

      East Fort Lauderdale commercial space in busy shopping center.
      3020 N Federal Hwy, Fort Lauderdale, FL 33306
      View Details
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    Oakland Park, FL 33306-1147
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    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
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