7540 5Th StPlantation, FL 33317
- Office properties
- 4,860 SF
Property Details for 7540 5Th St
- Year built
- 1980
- Construction
- CONCRETE
- Lot size
- 0.50 AC
- Property size (Sq ft)
- 4,860 SF
- Zone code
- B-4P
- Property type
- Office properties
- Property subtype
- Office buildings
- APN
- 50-41-03-57-0010
- APU
- 504103570010
Description
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.
Valuation
by Paperhouses methods
- Valuation date:
- Dec 11, 2024
-
CAP approach
- CAP return
- Valuation
- 6%
- $1,444,894
- 6.5%
- $1,333,749
- 7%
- $1,238,481
-
Comparable approach
- Method
- Valuation
- Relative Method
- $1,435,741
- Geo Method
- $1,435,741
-
Alternative Use
- Use
- Valuation
- Residential
- $1,653,848
- Hospitality
- $1,514,916
- Educational
- $1,260,392
- Medical
- $1,303,739
- Retail
- $1,960,610
Location Insight
- City
- Plantation
- County
- Broward
- State
- Florida
- Latitude
- 26.1278
- Longitude
- -80.2495
- 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
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