4801 University DrDavie, FL 33328

Property Details for 4801 University Dr

Year built

1989

Construction

CONCRETE

Lot size

3.11 AC

Property size (Sq ft)

12,148 SF

Zone code

B-3

Property type

Office buildings

APN

50-41-33-11-0020

APU

504133110020

Description

The Atrium Centre presents a unique investment opportunity encompassing 96,680 square feet of combined office and retail space. This single-tenant building features a diverse mix of uses, including ground floor retail space currently occupied by a selection of businesses such as two restaurants, a hair salon, and a pharmacy. The property also includes general office spaces available in sizes ranging from 1,000 to 5,000 square feet, ideal for a variety of businesses. Executive suites are also available, starting at $500 per month. Some medical office space is also present within the building. The Atrium Centre boasts a significant number of amenities for tenants, including multiple conference rooms and on-site management, enhancing the overall tenant experience. The property includes a substantial 500-space parking lot, ensuring ample parking for tenants and visitors. The Assessor's Parcel Number (APN) is 504133110010. This property is a well-established commercial center with a diverse tenant base and strong potential for future growth. The building's location and amenities make it an attractive option for businesses seeking a convenient and well-equipped workspace.

• CAP approach

  CAP return

  Valuation

  6%

  $4,764,446

  6.5%

  $4,397,950

  7%

  $4,083,810

• Comparable approach

  Method

  Valuation

  Relative Method

  $3,588,762

  Geo Method

  $3,588,762

• Alternative Use

  Use

  Valuation

  Residential

  $5,453,458

  Hospitality

  $4,995,338

  Educational

  $4,156,062

  Medical

  $4,298,996

  Retail

  $6,464,986

Location Insight

City

Davie

County

Broward

State

Florida

Latitude

26.0603

Longitude

-80.2533

CBSA code

33100

CBSA name

MIAMI-FORT LAUDERDALE-MIAMI BEACH, FL METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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