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    Property profile & analytics
    OFF-MARKET Estimated value $6,405,000
    Medical Office Space

    7431 University Dr, Tamarac, FL 33321-2958

    44,951 SF 0.38 ac lot Built 1998
    Entity Owned 20-yr Hold Absentee Owner Free & Clear
    Property ID
    US18-2355942
    Property summary
    AI-generated overview

    This exceptional three-story medical office building, totaling 44,857 square feet, presents a unique investment opportunity in the thriving Tamarac, Florida market. Strategically located on the campus of HCA’s Woodmont Hospital, this property enjoys unparalleled visibility and accessibility. The building features multiple tenancies, with three fully built-out medical suites currently available, ranging in size from 1,608 to 9,122 square feet, offering flexibility for various medical practices. Its convenient location on the west side of University Drive, just north of McNab Road, ensures easy access for patients and staff. Ample parking is available, addressing a key concern for both patients and employees. The building's prime location within Broward County, coupled with its proximity to a major hospital, makes it an ideal choice for medical professionals seeking a well-established and high-traffic location. This property offers a rare combination of convenience, visibility, and functionality, making it a highly desirable asset in the competitive medical office market. The existing build-out of the suites significantly reduces the time and cost associated with tenant improvements, making it an attractive option for immediate occupancy. This is a turnkey opportunity to acquire a well-positioned medical office building in a rapidly growing area. The address is 7431 N University Dr, Tamarac, FL 33321.

    Property profile
    Verified
    Property type Medical Office Space
    Use group MEDICAL BUILDING
    Year built 1998
    Construction CONCRETE
    Total area 44,951 SF
    Lot 0.38 ac (16,700 SF)
    Zoning code PF
    APN 49-41-04-39-0040
    UPID US18-2355942
    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
    $6.41M
    Owner & transaction history
    University Medical Office LLC · 20 yrs held
    University Medical Office LLC
    since 2006
    3 recorded transactions
    2006
    $9.4M
    2004
    $5.6M
    1969
    Zoning & alternative use
    PF · Tamarac, FL
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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