Add Listing
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    7250 Griffin Rd Davie, FL 33314-4132
    Back to Search
    Property profile & analytics

    7250 Griffin Rd, Davie, FL 33314-4132

    View on Map
    • Commercial real estate
    • 10,492 SF
    • 9.58 lot acres
    Off-Market
    Property ID
    US18-5418065
    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
    $2,770,000
    Show details
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Commercial real estate

    Property Details for 7250 Griffin Rd

    Year built
    1956
    Construction
    CONCRETE
    Lot size
    9.58 lot acres
    Zone code
    A-1
    Property type
    Commercial real estate
    APN
    50-41-27-01-0750
    APU
    504127010750

    Sales History

    Date Price Buyer Seller Deed Type Mortgage
    Jan 11, 2011 — Davie Tropical Fruit Co LLC Spyke,peter D & Thomas A Grant Deed —
    — — Davie Tropical Fruit Co LLC — Deed Of Trust · related $290k · Regent Bank
    — — Residual Trust — Deed Of Trust · related $238k · Regent Bank
    — — Spykes Grove INC — Deed Of Trust · related $238k · Regent Bank

    Value Estimations

    based on Realmo’s proprietary methodology

    • CAP approach

      CAP Return
      Estimation
      6%
      $2,685,000
      6.5%
      $2,475,000
      7%
      $2,300,000

    • Comparable approach

      Method
      Estimation
      AI Estimate
      $2,298,000
      Market price range: $853k - $3.72M

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

    Location Insight

    • Map
    • Local Demand
    City
    Davie
    County
    Broward
    State
    Florida
    Longitude
    -80.2426
    Latitude
    26.0629
    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
    $60,203
    $2,086,530
    $436,140
    $2,522,670
    -
    $2,086,530
    $436,140
    $2,522,670

    Comparable in this City

    • Value Estimation by Request
      6,360 SF

      3501 Davie Road Ext

      Restaurants
      3501 Davie Road Ext, Davie, FL 33314
      View Details
    • Value Estimation by Request
      0.25 Acres

      5140 State Road 7

      Commercial real estate
      5140 State Road 7, Davie, FL 33314
      View Details
    • Value Estimation by Request
      1,470 SF

      4453 63rd Ave

      COMMERCIAL (GENERAL)
      4453 63rd Ave, Davie, FL 33314-3444
      View Details
    • Value Estimation by Request

      51St St

      Retail properties & Spaces
      0 51St St, Fort Lauderdale, FL 33314
      View Details
    • Value Estimation by Request
      36,898 SF

      4601 64Th Ave

      Individual retail properties
      4601 64Th Ave, Davie, FL 33314
      View Details
    • Value Estimation by Request

      Striling Rd

      Investment properties
      0 Striling Rd, Davie, FL 33314
      View Details

    Similar Nearby for Sale

    • $4,200,770
      0.94 Acres

      Davie Industrial Warehouse - Great Location

      High-traffic area, 14,000 sq ft warehouse on almost an acre.
      3300 Burris Rd, Davie, FL 33314
      View Details
    • $1,900,000
      1.86 Acres

      Davie Commercial Land Opportunity

      1.86 acre parcel ideal for developers or investors.
      Davie Road Ext, Davie, FL 33314
      View Details
    • $6,840,000

      Davie Multifamily Portfolio For Sale

      36-unit apartment portfolio in Davie, Florida, near major amenities.
      5621 Southwest 36Th Ct, Davie, FL 33314
      View Details
    • Contact for pricing

      Retro Furniture Storefront in Davie

      Charming storefront property in historic Davie, Florida, with high visibility.
      4264 Sw 64Th Ave, Davie, FL 33314
      View Details

    Similar Nearby for Lease

    • Contact for pricing
      5,210 SF

      Warehouse Space Near Major Hubs

      Warehouse units for lease near airport, turnpike, and Hard Rock.
      4651 SW 51St St, Davie, FL 33314
      View Details
    • $9 SF/Yr

      Industrial Property for Lease

      Industrial property available for lease in Davie, Florida.
      2750 Bridge Way, Davie, FL 33314
      View Details
    • Contact for pricing

      Pompano Beach Flex Space Available

      Flex space available in Pompano Beach, west of I-95.
      3870 Park Central Blvd, Pompano Beach, FL 33314
      View Details
    • Contact for pricing

      M-4 Zoned Industrial Land

      Rare industrial land near major transportation hubs in Davie, FL.
      Bridge Way, Davie, FL 33314
      View Details
    • Contact for pricing

      Davie Warehouse and Office Complex

      Flex, industrial, and office spaces near major highways.
      4990 SW 52Nd St, Davie, FL 33314
      View Details
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    7250 Griffin Rd
    Davie, FL 33314-4132
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    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.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Thank You for Inquiry
    7250 Griffin Rd, Davie, FL, 33314
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!