7421 University Dr Tamarac, FL 33321
- Office buildings
- 1,824 SF
Current Use by Public Records
- Mark Akselrud, MD / Internist
- Monroe Leslie D MD / Ophthalmologist
- Angela Combs, DO / Dermatologist
- Parkland Thoracic Surgery Associates, LLC / Cardiovascular And Thoracic Surgeon
- Herrera Charles MD / Geriatrician
Property Details for 7421 University Dr
- Year built
- 1988
- Construction
- CONCRETE
- Property size
- 1,824 SF
- Zone code
- NC
- Property type
- Office buildings
- APN
- 49-41-04-BK-0051
- APU
- 494104BK0051
Description
This exceptional commercial property, located at 7421 University Dr Unit 312 in Tamarac, Florida, presents a significant investment opportunity. Boasting a generous 1,956 square feet of space, this general commercial unit is ideally situated for a variety of businesses. The property is priced competitively at $590,000, offering a strong return on investment potential. The address places the property in a high-traffic area, ensuring excellent visibility and accessibility for customers. The unit is situated within a larger commercial complex, providing ample parking and convenient access for both employees and clients. The property is situated on a lot with no acreage specified. This versatile space is ready for immediate occupancy and presents a blank canvas for a wide range of commercial ventures. Its prime location and substantial square footage make it an attractive proposition for businesses seeking a prominent presence in a thriving Tamarac commercial district. Serious inquiries are encouraged to explore the full potential of this exceptional property. The property is classified as General Commercial, offering flexibility in its usage. The asking price represents a compelling opportunity within the current market. Further details are available upon request.
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $535,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $465,000
- 6.5%
- $420,000
- 7%
- $435,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $370,000
- Geo Method
- $435,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $470,000
- Retail
- $490,000
- Mixed-Use
- $420,000
- Hospitality
- $475,000
- Educational
- $455,000
- Residential Income
- $500,000
- Energy
- $425,000
- Income-Based Land
- $510,000
- Food Service
- $525,000
Location Insight
- Map
- Local Demand
- City
- Tamarac
- County
- Broward
- State
- Florida
- Longitude
- -80.2545
- Latitude
- 26.2132
- CBSA code
- 33100
- CBSA name
- MIAMI-FORT LAUDERDALE-MIAMI BEACH, FL METROPOLITAN STATISTICAL AREA
