5000 University Dr Lauderhill, FL 33351-5014
- Retail space
- 13,402 SF
- 1.37 lot acres
Current Use by Public Records
- Retail space
Property Details for 5000 University Dr
- Year built
- 1976
- Construction
- CONCRETE
- Lot size
- 1.37 lot acres
- Property size
- 13,402 SF
- Zone code
- CG
- Property type
- Retail space
- APN
- 49-41-15-04-0010
- APU
- 494115040010
Description
Crown Center at Lauderhill presents a unique opportunity for businesses seeking high-visibility space in a thriving Broward County location. This single-story, 12,810 square foot Class B building, constructed in 1998, offers a blend of traditional office and medical office space within a multi-tenant environment. Situated at 5000 - 5100 N. University Drive, Lauderhill, FL 33351, the property enjoys a prime location at the northeast corner of N. University Drive and Inverrary Boulevard, benefiting from exceptional visibility and accessibility. The building is strategically positioned to serve a substantial population base, with over 459,000 residents within a 5-mile radius. High daily traffic counts exceeding 69,900 vehicles on N. University Drive ensure significant exposure. Currently, a 5,110 square foot space is available, boasting prominent frontage on N. University Drive and convenient access via a signalized intersection. The property's strategic location directly across from the new Westgate on University luxury apartment complex provides access to a large and affluent residential population. This combination of high visibility, convenient access, and strong demographics makes this available space a rare find in the Plantation submarket. The property is categorized as Retail, Office, and Restaurant, offering versatility for a range of business types.
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $2,100,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $2,170,000
- 6.5%
- $2,250,000
- 7%
- $2,480,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $2,045,000
- Geo Method
- $2,115,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $1,865,000
- Retail
- $1,900,000
- Mixed-Use
- $2,095,000
- Hospitality
- $2,465,000
- Educational
- $1,975,000
- Residential Income
- $1,995,000
- Energy
- $2,060,000
- Income-Based Land
- $1,970,000
- Food Service
- $2,440,000
Location Insight
- Map
- Local Demand
- City
- Lauderhill
- County
- Broward
- State
- Florida
- Longitude
- -80.2513
- Latitude
- 26.1885
- CBSA code
- 33100
- CBSA name
- MIAMI-FORT LAUDERDALE-MIAMI BEACH, FL METROPOLITAN STATISTICAL AREA
