4900 University DrDavie, FL 33328

  • Mixed-use properties
  • 56,128 SF
For Sale
$5,200 View listing

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
4900 University Dr, Davie, Florida

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

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$224,730
$2,226,090
$7,574,530
$9,800,620
-
$2,226,090
$7,574,530
$9,800,620

FAQs

How do I add a non-forward facing team member such as a broker coordinator or broker aide to a listing in order to ensure they get notifications on the property?
Please email our support team at [email protected] and they will add the team member.
How do I access a private listing?
Please contact the broker directly with the information provided on the listing. Once the broker approves your credentials he will make the information public to you.
How can I contact the broker?
We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.
How do I unsubscribe from emails?
At the footer of each email you will find links to Reduce Email Frequency, Adjust Email Settings or Unsubscribe altogether. If you choose to Unsubscribe and are still receiving emails please reach out to us at [email protected].