7540 5th St Plantation, FL 33317-1615
This exceptional free-standing commercial office building, located at 7540 NW 5th St in Plantation, Florida, presents a compelling investment opportunity. The property, built in 1980, boasts 4,860 square feet of well-maintained space across a single story. Its prime location within Plantation's medical and professional district ensures high visibility and traffic exposure, further enhanced by its proximity to the Plantation Post Office. The building has undergone recent renovations, resulting in excellent condition and attractive aesthetics. Each suite is thoughtfully designed with a private kitchenette and bathroom, offering tenants maximum convenience. Currently, the building enjoys 100% occupancy with long-term tenants, providing a stable and predictable income stream. This property is situated in Broward County, Florida, with the zip code 33317. The asking price for this turnkey investment is $1,300,000. This represents a rare opportunity to acquire a well-located, high-performing commercial property in a thriving market. The building's strong tenant base and recent renovations make it an ideal investment for those seeking a stable and appreciating asset.
The B-4P Restricted Business District shall be developed as a planned community development and is intended primarily for these areas of the city that are appropriate for a limited type of business uses but which, for various reasons are not suitable for a full range of business activities. The business and service uses permitted are primarily those nonretai…
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
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Property description
Physical attributes from public recordsZoning & alternative use
B-4P · Plantation, FLThe B-4P Restricted Business District shall be developed as a planned community development and is intended primarily for these areas of the city that are appropriate for a limited type of business uses but which, for various reasons are not suitable for a full range of business activities. The business and service uses permitted are primarily those nonretail establishments which are necessary for the public convenience but which are not generally compatible with concentrated retail shopping.
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.