Property profile

227 Professional Way Wellington, FL 33414

OFF-MARKET
Office buildings
Property ID
US18-4348833
3,750 SF 0.51 ac lot Built 2018
Entity Owned 6-yr Hold ~ Est. High Equity
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Property profile

Verified
Property type Office buildings
Use group OFFICE BUILDING (MULTI-STORY)
Year built 2018
Construction WOOD
Total area 3,750 SF
Lot 0.51 ac (22,281 SF)
Zoning code PUD
APN 73-41-43-31-07-000-0050
UPID US18-4348833

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Big Box & Wholesale Store Building Supply
  • Pediatrician Physician
  • Physician
  • Medical Clinic
  • Pediatrician Physician

Location

227 Professional Way Wellington, FL 33414-6392
Wellington metro Census 7721 MIAMI-FORT LAUDERDALE-MIAMI BEACH, FL METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$1.15M

Owner & transaction history

since 2019
6 recorded transactions
2023
Price N/A
2019
$1.1M
2019
$100
2018
$550,000
2017
$600,000
2003
$200,000

Zoning & alternative use

PUD · Wellington, FL
Zoning description

The PUD district is established to offer a residential development alternative that provides greater flexibility and encourages more design creativity than may be available under conventional development approaches. The…

General category PLANNED_DEVELOPMENT
Top alternative use upside
Retail stores $1.6M +17.3%
Warehouse, storage $1.5M +12.4%
Commercial (general) $1.5M +9.8%

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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