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Property profile & analytics
OFF-MARKET
Commercial land

4640 University Dr Davie, FL 33328-3818

0.62 ac lot
Entity Owned 13-yr Hold Free & Clear
Property ID
US19-0707583
Property summary
AI-generated overview

This exceptional 10,889 square foot executive office building, constructed in 2017, is strategically located in Davie, Florida, offering unparalleled access to major transportation arteries including Fort Lauderdale-Hollywood International Airport, the Turnpike, I-95, and I-595. The property sits on a 0.75-acre lot and boasts a stunning design, featuring a welcoming ground-level reception area, 27 individual offices distributed across three floors, two spacious conference rooms, two well-equipped kitchens, and five bathrooms. Ample parking is provided with 44 spaces, including two electric vehicle charging stations. The sale includes the existing tenant under a modified gross lease with two years remaining (until April 2026). The tenant is responsible for electricity and insurance costs. This presents a unique investment opportunity with a stable income stream. Furthermore, approved plans are in place for the construction of an additional, similar-sized building perpendicular to the existing structure, expanding the property's potential significantly. This expansion would utilize the southern portion of the lot, running east-west. Detailed floor plans are available upon request. The asking price for this turnkey operation is $6,200,000. This is a rare chance to acquire a high-quality, well-located office building with immediate income and significant future development potential.

Property profile
Verified
Property type Commercial land
Use group VACANT COMMERCIAL LAND
Lot 0.62 ac (26,801 SF)
Zoning code GRIFFIN CORRIDOR DISTRICT
APN 50-41-28-39-0010
UPID US19-0707583
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
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
by Request
Owner & transaction history
Los 4 Panas LLC · 13 yrs held
Los 4 Panas LLC
since 2013
2 recorded transactions
2013
$500,000
2005
$425,000
Zoning & alternative use
GRIFFIN CORRIDOR DISTRICT · Davie, FL
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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