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7771 W Oakland Park Blvd Fort Lauderdale, FL 33351

Office buildings Google Maps
103,319 SF 7.04 ac lot Built 1983
Entity Owned 5-yr Hold ~ Est. High Equity
Estimated value (blended)
$14.44M
Range $13.00M – $15.88M (±10%)
Property ID US18-0182030

Property summary

AI-generated overview

Atrium West, a Class B office building in Sunrise, Florida, offers diverse workspace solutions. Located at 7771 W Oakland Park Blvd, Fort Lauderdale, FL 33351, this single, two-story building boasts 96,701 square feet of space, with units ranging from 1,000 to 13,885 contiguous square feet. Built in 1983 and renovated in 2020, the property features a striking multi-story atrium with abundant natural light, tropical landscaping, and a water fountain. Tenants benefit from ample parking (400 spaces), elevators, and a 10-foot ceiling height. The property sits on a 7.04-acre lot and is zoned for commercial use in the Sunrise, Plantation, Pembroke Pines submarket of Broward County. Its convenient location provides easy access to major roadways including the FL Turnpike, I-595, Sawgrass Expressway, and I-95. Nearby amenities include Walmart, Starbucks, LA Fitness, Lowe's, FedEx Office, banks, and hotels. The building accommodates various office needs, including traditional, executive, coworking, medical, and creative office spaces. Multiple tenancies are available.

Property profile

Verified
Property type Office buildings
Use group OFFICE BUILDING (MULTI-STORY)
Year built 1983
Construction CONCRETE
Total area 103,319 SF
Lot 7.04 ac (306,609 SF)
Zoning code B-3
APN 49-41-21-03-0110
UPID US18-0182030

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$13.78M
CAP Approach CAP
by Request
Comparable Approach Comparable
$14.93M
Blend (final) Blend
$14.44M

Owner & transaction history

since 2021
Last sale
$12.1M
7 recorded transactions
2021
$12.1M
2015
$11.0M
2012
$4.8M
2011
Price N/A
2007
$12.0M
2005
$7.8M
1999
$7.2M

Zoning & alternative use

B-3 · Sunrise, FL
Zoning description

To arterial streets and trafficways where business establishments primarily not of a neighborhood or community service type may properly locate to serve large sections of the city and metropolitan area

General category COMMERCIAL

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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