Davie, FL 33325
- Investment properties
- 24,215 SF
- 1.30 lot acres
Current Use by Public Records
- Investment properties
Property Details
- Year built
- 2008
- Construction
- CONCRETE
- Lot size
- 1.30 lot acres
- Property size
- 24,215 SF
- Zone code
- B-2
- Property type
- Investment properties
- Property subtype
- Retail residential properties
- APN
- 50-40-10-10-0020
- APU
- 504010100020
Description
This exceptional single-tenant office building, located at 351 SW 136th Avenue, presents a unique investment opportunity. The property is zoned B-2 and boasts a substantial 20,155 square feet of space, all within a single suite (Unit 205). The building's layout is highly functional, featuring nine individual offices and a dedicated conference room, ideal for a variety of business needs. The 3,000 square foot unit is immediately available. A significant advantage is the ample on-site parking, a valuable asset for employees and clients alike. The property's special purpose designation and single-tenant occupancy offer streamlined management and predictable income streams. The property's APN is 504010100020. This is a rare opportunity to acquire a well-maintained, functional office building in a desirable location. The building's size and configuration make it suitable for a range of businesses seeking a self-contained and efficient workspace. The immediate availability allows for quick occupancy and a rapid return on investment. Serious inquiries are encouraged to explore this compelling opportunity further. The property is offered as-is.
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $5,540,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $6,150,000
- 6.5%
- $5,290,000
- 7%
- $6,175,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $6,140,000
- Geo Method
- $4,760,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $5,875,000
- Retail
- $5,260,000
- Mixed-Use
- $5,645,000
- Hospitality
- $6,300,000
- Educational
- $5,740,000
- Residential Income
- $5,200,000
- Energy
- $5,820,000
- Income-Based Land
- $6,285,000
- Food Service
- $5,625,000
Location Insight
- Map
- Local Demand
- City
- Davie
- County
- Broward
- State
- Florida
- Longitude
- -80.3308
- Latitude
- 26.1154
- CBSA code
- 33100
- CBSA name
- MIAMI-FORT LAUDERDALE-MIAMI BEACH, FL METROPOLITAN STATISTICAL AREA