5601 N Dixie Hwy Oakland Park, FL 33334
This exceptional four-story medical office building, located at 5601 N Dixie Hwy in Oakland Park, Florida, presents a unique investment opportunity. The 28,527 square foot building, constructed in 1978, is currently fully vacant and offers multiple suites for lease, ranging from a minimum of 1,400 square feet to a maximum contiguous space of 13,451 square feet. The building is classified as Class C and features a total of five individual suites, providing flexibility for various medical practices or healthcare-related businesses. Its strategic location in Broward County, with easy access via N Dixie Hwy, ensures high visibility and convenient access for patients and staff. The gross rental rate is $20.00 per square foot. This property is ideal for a single tenant seeking a large space or multiple tenants looking for smaller, individual suites. The building's size and layout offer significant potential for customization and adaptation to meet specific tenant requirements. With its prime location and immediate occupancy availability, this medical office building represents a compelling opportunity for growth and expansion in a thriving market. The zip code is 33334.
The B-2 General Business District is intended to apply to certain arterial streets where business establishments may be located to serve large sections of the city and adjacent areas. Such businesses need a conspicuous and accessible location convenient for motorists. Uses are particularly oriented toward meeting the full service needs of city residents, inc…
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
B-2 · Oakland Park, FLThe B-2 General Business District is intended to apply to certain arterial streets where business establishments may be located to serve large sections of the city and adjacent areas. Such businesses need a conspicuous and accessible location convenient for motorists. Uses are particularly oriented toward meeting the full service needs of city residents, including repair of small articles, but not of a heavy commercial nature.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.