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Property profile & analytics
FOR LEASE
Retail space
2647 N State Road 7 Lauderdale Lakes, FL 33313
Entity Owned
11-yr Hold
~
Est. High Equity
Property ID
US18-3795521
For Lease
1 / 46
$12,800/Mo
2647 N State Road 7, Lauderdale Lakes, FL 33313
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Property summary
AI-generated overview
This exceptional Class A creative office space, totaling 33,800 square feet across two suites, is situated at 2669 N. State Road 7 in Lauderdale Lakes, Florida (zip code 33313), near the intersection of Oakland Park Boulevard. Built in 1961, this single-story building offers a minimum divisible space of 25,500 contiguous square feet, ideal for a variety of uses. The property boasts high ceilings (ranging from 16'7" to 21'3"), ample parking with 72 spaces, and excellent visibility on State Road 7, a major thoroughfare with high daily traffic. The zoning is commercial, and the property is classified as Retail, Office, and Special Purpose. Utilities are provided by FPL. This location in the West Fort Lauderdale, Lauderdale Lakes submarket (South of Oakland Park Blvd on N. State Road 7) offers convenient access to numerous businesses and residential areas. The property is perfect for businesses needing significant space, such as distribution centers, call centers, or shared office spaces. The large open floor plan also presents opportunities for unique uses like event spaces or recreational facilities. This is a rare opportunity to secure a substantial, well-located commercial space in a thriving area.
Property profile
Verified
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Year built
1959
Construction
CONCRETE
Total area
8,300 SF
Lot
1.61 ac (70,069 SF)
Zoning code
CG
APN
49-41-25-30-0010
UPID
US18-3795521
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
by Request
CAP Approach
CAP
$2.16M
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$1.89M
Owner & transaction history
2647 Sr7 LLC · 11 yrs held
2647 Sr7 LLC
since 2015
5 recorded transactions
Zoning & alternative use
CG · Lauderdale Lakes, FL
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Medical building
$2.9M
+0.4%
Cap rate
Implied · in-place · derived from last sale + estimated NOI
Implied Cap rate
#1
Implied · in-place · NOI ÷ last sale
In-place · derived from last sale + estimated NOI
Cap rate, NOI & submarket benchmark
Implied cap rate vs Lauderdale Lakes submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Lauderdale Lakes submarket · NOI estimate · typical band, median & reading
Refine your cap rate
8-question underwriting flow
1.
Property current status — Going-In vs Stabilized
2.
Price for denominator — asking / offer / market
3.
Leasing status & lease structure (NNN / Gross)
4.
Tenant risk profile & vacancy assumption
5.
Upload T12 / rent roll / OM (optional)
Refine in 60 seconds, get exact suggested price
T12 upload · Submarket benchmarks · Sensitivity grid
Suggested price · 3 cap rate anchors
Income approach @ 5% / 7% / 9% — aggressive / typical / conservative
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · Implied $/SF per anchor · Sensitivity grid
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · implied $/SF · sensitivity
Value
AI, CAP & Alternative Use estimations · Realmo proprietary blendValue Estimations
Based on Realmo’s proprietary methodology
AI Approach
Method
Estimation
Statistic approach
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
$2,340,000
6.5%
$2,160,000
7%
$2,005,000
Alternative Use
Use
Estimation
RETAIL STORES
$2,900,000
Current use
MEDICAL BUILDING
$2,915,000
Change: +0% · Conversion: Difficult
Blend value · Realmo final
$1.89M
Range $1.70M – $2.08M · ±10%
Realmo estimate · informational only.
These numbers are calculated by our models from public records and may not reflect actual market value.
Not an appraisal.
Verify with a licensed appraiser before transacting. Realmo accepts no liability for divergence from real-world outcomes.
View the full estimation — every method, every assumption
Confidence drivers & risk notes · Custom comparable set · Free for first 3 / day
Full estimation methodology
Every method · every assumption · confidence drivers
Price per SF
Sale + rent benchmarks
Subject property
$228 / SF
Submarket sale & rent benchmarks
Median sale $/SF · Asking & closed rent · Submarket vacancy
Submarket sale & rent benchmarks
Median sale $/SF · asking & closed rent · submarket vacancy
Property tax & assessments
Tax year 2023Property tax & assessments
Tax year 2023
Tax billed
$76,517
Tax year 2023
Assessed value
$2,532,930
Assessed 2023
Previous assessed
$2,532,930
+0.0% YoY
Effective rate
3.02%
On assessed value
Assessed land
$560,550
Assessed improvement
$1,972,380
Land market value
$560,550
Improvement market value
$1,972,380
Total market value
$2,532,930
Applied tax rate
1,912.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Status
For Lease
Year built
1959
Construction
CONCRETE
Heating
NONE
Cooling
YES
Buildings
2
Stories
1
Total area
8,300 SF
Lot
1.61 ac (70,069 SF)
Zoning code
CG
APN
49-41-25-30-0010
UPID
US18-3795521
Jurisdiction
BROWARD
Metro division
FORT LAUDERDALE-POMPANO BEACH-DEERFIELD BEACH, FL METROPOLITAN DIVISION
Zoning & alternative use
CG · Lauderdale Lakes, FL
Zoning CG · permitted uses
CG · Lauderdale Lakes, FL
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Lauderdale Lakes. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
RETAIL STORES Current
Est. value
$2.9M
MEDICAL BUILDING
Est. value
$2.9M
RETAIL STORES Current
MEDICAL BUILDING
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Alternative use deep dive
Conversion cost · permit path · stabilized NOI per option
Building & site characteristics
From public records
Year built
1959
Construction
CONCRETE
Heating
NONE
Cooling
Yes
Stories
1
Buildings
2
Lot
1.61 ac
Current owner
From public records · entity-resolved
2647 Sr7 LLC
Entity
Mailing address
7715 NW 46TH ST8A, DORAL, FL 33166-5460
Ownership since
2015
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
5 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Nov 29, 2018
—
2647 Sr7 LLC
—
Deed
related
$1,000,000 · American Nat'l Bk
Mar 25, 2015
$2,125,000
2647 Sr7 LLC
Corner 15-441 LLC
Grant Deed
$1,150,000 · American Nat'l Bk
Mar 4, 2014
$1,200,000
Corner 15-441 LLC
Discipleship Broadcasting Corp
Warranty Deed
$800,000 · Ds Investments I LLC
—
—
2647 Sr7 LLC
—
Deed Of Trust
related
$1,000,000 · American Nat'l Bk
—
—
2647 Sr7 LLC
—
Loan Modification
related
$1,138,192 · American Nat'l Bk
Coming soon
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Coming soon
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
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