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    Property profile & analytics

    2229 Commerce Pkwy Weston, FL 33326

    • Office buildings
    • 32,559 SF
    • 3.08 lot acres
    For Lease
    View listing
    $29 SF/Yr
    Value Estimation
    $20,895,000
    Last Sale
    Aug 31, 2021
    $17,218,300
    Location Intelligence
    Property ID
    US18-3737311
    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.

    Current Use by Public Records

    • Office buildings

    Property Details for 2229 Commerce Pkwy

    Year built
    1999
    Construction
    CONCRETE
    Lot size
    3.08 lot acres
    Property size
    32,559 SF
    Zone code
    O-1
    Property type
    Office buildings
    APN
    50-40-17-02-0371
    APU
    504017020371

    Description

    This exceptional two-story, 30,100 square foot Class B medical office building is situated on a 3.08-acre lot in the thriving city of Weston, Florida. Built in 1999, the property boasts a single building with multiple tenants, offering a diverse and established medical presence. Currently, the building houses a dynamic mix of medical professionals, including a surgery center, imaging group, physical therapy practice, and dermatology clinic, demonstrating strong tenant demand and a stable occupancy rate. The building features convenient amenities such as elevators. One suite of 1,600 square feet is currently available, presenting a unique opportunity for expansion or relocation within a well-established medical community. The property's location at 2229 N Commerce Pkwy, Weston, FL 33326, provides excellent visibility and accessibility within Broward County. This is an ideal investment for medical professionals seeking a turnkey operation in a high-demand area. The property's strong tenant mix and established presence make it a compelling opportunity for long-term growth and return. The available suite provides immediate occupancy potential for a variety of medical practices.

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $21,975,000

    • CAP approach

      CAP return
      Estimation
      6%
      $17,470,000
      6.5%
      $17,795,000
      7%
      $16,365,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $18,365,000
      Geo Method
      $18,245,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $14,390,000
      Retail
      $16,470,000
      Mixed-Use
      $19,265,000
      Hospitality
      $19,300,000
      Educational
      $16,745,000
      Residential Income
      $16,115,000
      Energy
      $16,040,000
      Income-Based Land
      $16,000,000
      Food Service
      $18,080,000

    Location Insight

    • Map
    • Local Demand
    City
    Weston
    County
    Broward
    State
    Florida
    Longitude
    -80.3687
    Latitude
    26.0926
    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
    $228,662
    $1,208,590
    $8,758,190
    $9,966,780
    -
    $1,208,590
    $8,758,190
    $9,966,780

    Comparable in this City

    • Value Estimation by Request
      8,808 SF

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    • Value Estimation by Request
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      1290 Weston Rd

      OFFICE BUILDING (MULTI-STORY) • 33,242 SF
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    • Value Estimation by Request
      11,151 SF

      1760 Bell Tower Ln

      OFFICE BUILDING (MULTI-STORY) • 11,151 SF
      1760 Bell Tower Ln, Weston, FL 33326-3644
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    • Value Estimation by Request
      1,660 SF

      1820 Corporate Lks Blvd Ste, Unit 204

      PROFESSIONAL BUILDING • 1,660 SF
      1820 Corporate Lks Blvd Ste, Weston, FL 33326-3269
      View Details
    • Value Estimation by Request
      5,016 SF

      1910 Commerce Pkwy

      OFFICE BUILDING • 5,016 SF
      1910 Commerce Pkwy, Weston, FL 33326-3242
      View Details
    • Value Estimation by Request
      49,146 SF

      55 Weston Rd

      OFFICE BUILDING (MULTI-STORY) • 49,146 SF
      55 Weston Rd, Weston, FL 33326-1169
      View Details

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    • $900 /Mo

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    2229 Commerce Pkwy
    Weston, FL 33326
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    Realmo Value Estimation

    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.

    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.

    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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