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    2856 E Oakland Park Blvd Fort Lauderdale, FL 33306
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    Property profile & analytics

    2856 E Oakland Park Blvd Fort Lauderdale, FL 33306

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    • Office buildings
    • 2,859 SF
    • 0.17 lot acres
    For Lease
    $36 SF/Yr
    View Listing →
    Fort Lauderdale Office Space Available For Lease
    $36 SF/Yr

    Fort Lauderdale Office Space Available

    Office space on Oakland Park Blvd, suitable for professional/medical use.

    2856 E Oakland Park Blvd, Fort Lauderdale, FL 33306
    View Listing
    Property ID
    US19-0715845
    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
    $1,135,000
    Cap Rate Potential
    7.8%
    Office buildings
    Location Intelligence

    Current Use by Public Records

    • Luis Benalcazar Tu Realtor de Confianza- Top Producer / Real Estate Agency
    • Rieman Alexandra V / Law Firm
    • Malnik Law / Law Firm
    • Robert T Goodman Pa / Law Firm

    Property Details for 2856 E Oakland Park Blvd

    Year built
    1966
    Construction
    CONCRETE
    Lot size
    0.17 lot acres
    Property size
    2,859 SF
    Zone code
    CB
    Property type
    Office buildings
    APN
    49-42-25-06-0080
    APU
    494225060080

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

      Method
      Estimation
      Statistic approach
      $1,120,000
      ML approach
      $1,160,000

    • CAP approach

      CAP Return
      Estimation
      6%
      $1,460,000
      6.5%
      $1,350,000
      7%
      $1,250,000

    • Comparable approach

      Method
      Estimation
      Statistic Estimate
      $1,180,000
      Market price range: $567k - $1.18M
      AI Estimate
      $854,000
      Market price range: $199k - $976k

    • Alternative Use

      Use
      Estimation
      OFFICE BUILDING
      $950,000
      Current use
      COMMERCIAL (GENERAL)
      $1,480,000
      Change: +56% Conversion: Easy
      MEDICAL BUILDING
      $1,330,000
      Change: +40% Conversion: Easy
      RETAIL STORES
      $1,085,000
      Change: +14% Conversion: Moderate
      WAREHOUSE, STORAGE
      $995,000
      Change: +5% Conversion: Difficult

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

    Location Insight

    • Map
    • Local Demand
    City
    Fort Lauderdale
    County
    Broward
    State
    Florida
    Longitude
    -80.1068
    Latitude
    26.167
    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
    $13,524
    $180,120
    $452,180
    $632,300
    -
    $180,120
    $452,180
    $632,300

    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 by Request
      720 SF

      2900 Oakland Park Blvd Ste, Unit 103

      OFFICE BUILDING (MULTI-STORY) • 720 SF
      2900 Oakland Park Blvd Ste, Fort Lauderdale, FL 33306-1804
      View Details
    • Value Estimation by Request
      1,100 SF

      2000 Oakland Park Blvd Ste, Unit 104

      OFFICE BUILDING • 1,100 SF
      2000 Oakland Park Blvd Ste, Fort Lauderdale, FL 33306-1120
      View Details
    • Value Estimation by Request
      1,100 SF

      2000 Oakland Park Blvd Ste, Unit 106

      OFFICE BUILDING • 1,100 SF
      2000 Oakland Park Blvd Ste, Fort Lauderdale, FL 33306-1120
      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
    • 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

    • Contact for pricing

      Move-In Ready Coral Ridge Office

      Boutique office space in a prime Fort Lauderdale location.
      2601 E Oakland Park Blvd, Fort Lauderdale, FL 33306
      View Details
    • Contact for pricing

      Oaklyn Campus Live-Work-Play Site

      Premium office, retail, and residential spaces in Oakland Park, Florida.
      3101 N Federal Hwy, Oakland Park, FL 33306
      View Details
    • $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 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
    • $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
    • Contact for pricing

      E Oakland Park Blvd Office

      Office space for lease on E Oakland Park Blvd.
      2691 E Oakland Park Blvd, Fort Lauderdale, FL 33306
      View Details
    View Listing
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    Fort Lauderdale, FL 33306
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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.

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