4900 University DrDavie, FL 33328
- Mixed-use properties
- 56,128 SF
Property Details for 4900 University Dr
- Year built
- 2008
- Construction
- CONCRETE
- Lot size
- 3.41 AC
- Property size (Sq ft)
- 56,128 SF
- Zone code
- B-2
- Property type
- Mixed-use properties
- Property subtype
- Other investment properties
- APN
- 50-41-33-40-0010
- APU
- 504133400010
Description
This exceptional retail space, located at 4900 S University Dr Unit 106 in Davie, Florida, presents a fantastic opportunity for businesses seeking a prime location. Boasting a generous 3.41-acre lot, this property offers ample space for various retail ventures. The unit is currently available for lease at a monthly rate of $5200. The space is described as "center space- ready to move in," indicating immediate occupancy is possible, eliminating the need for extensive renovations or build-outs. This translates to significant cost savings and allows businesses to focus on operations rather than construction. The property's location on South University Drive in Davie offers excellent visibility and accessibility, ensuring high foot traffic and convenient access for customers. The expansive lot size provides ample parking and potential for future expansion or outdoor amenities, depending on the tenant's needs. This turnkey retail space is ideal for a variety of businesses seeking a strategic location in a thriving area. The property's "ready to move in" condition makes it an attractive option for businesses looking for a quick and efficient start-up process. Serious inquiries are encouraged to explore this exceptional retail opportunity further. The asking lease price reflects the prime location and immediate occupancy potential. Don't miss this chance to establish your business in a highly visible and accessible location.
Valuation
by Paperhouses methods
- Valuation date:
- Dec 11, 2024
-
CAP approach
- CAP return
- Valuation
- 6%
- $27,296,618
- 6.5%
- $25,196,878
- 7%
- $23,397,102
-
Comparable approach
- Method
- Valuation
- Relative Method
- $25,701,068
- Geo Method
- $25,701,068
-
Alternative Use
- Use
- Valuation
- Residential
- $25,196,878
- Hospitality
- $23,080,204
- Educational
- $19,202,460
- Medical
- $19,862,862
- Retail
- $29,870,492
Location Insight
- City
- Davie
- County
- Broward
- State
- Florida
- Latitude
- 26.0608
- Longitude
- -80.2514
- CBSA code
- 33100
- CBSA name
- MIAMI-FORT LAUDERDALE-MIAMI BEACH, FL METROPOLITAN STATISTICAL AREA
Property Tax & Assessments
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
FAQs
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