8391 Oakland Park BlvdSunrise, FL 33351

Property Details for 8391 Oakland Park Blvd

Year built

1992

Construction

CONCRETE

Lot size

3.01 AC

Property size (Sq ft)

17,903 SF

Zone code

B-2

Property type

Medical offices

Property subtype

Medical centers

APN

49-41-21-03-0150

APU

494121030150

Description

This exceptional 28,798 square foot Class A medical office building, situated within the Sunrise Medical Park, presents a unique investment opportunity. Constructed in 1992, this single-tenant property boasts a prime location on Oakland Park Boulevard, conveniently nestled between University Drive and Pine Island Road. The building is one of four single-story structures within the park, offering convenient drive-up access for patients and staff. Its Class B turnkey medical office spaces are meticulously maintained and ready for immediate occupancy. Enjoy the picturesque views overlooking the Bridges at Springtree Golf Club. The strategic location provides unparalleled access to major healthcare facilities, with three hospitals located within a four-mile radius. Furthermore, the Sawgrass Expressway is just a ten-minute drive away, ensuring seamless connectivity throughout the region. The property is zoned B-2 for General Commercial use, offering flexibility and potential for future expansion. The building's single-tenant occupancy simplifies management and provides a stable income stream. This property represents a rare opportunity to acquire a well-maintained, strategically located medical office building in a thriving market. The APN is 494121030150.

• CAP approach

  CAP return

  Valuation

  6%

  $5,322,622

  6.5%

  $4,913,190

  7%

  $4,562,248

• Comparable approach

  Method

  Valuation

  Relative Method

  $5,288,904

  Geo Method

  $5,288,904

• Alternative Use

  Use

  Valuation

  Residential

  $6,092,355

  Hospitality

  $5,580,564

  Educational

  $4,642,964

  Medical

  $4,802,643

  Retail

  $7,222,388

Location Insight

City

Sunrise

County

Broward

State

Florida

Latitude

26.1681

Longitude

-80.2612

CBSA code

33100

CBSA name

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

Property Tax & Assessments

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