1545 Park DrWeston, FL 33326

Property Details for 1545 Park Dr

Year built

1999

Construction

CONCRETE

Lot size

0.26 AC

Property size (Sq ft)

5,438 SF

Zone code

O-1

Property type

Office buildings

APN

50-40-17-02-0036

APU

504017020036

Description

This exceptional 5,438 square foot freestanding office building presents a unique investment opportunity in the highly desirable IPC area of Weston, Florida. Strategically located just 1.3 miles from the I-75 interstate, this property offers unparalleled accessibility and visibility. The building boasts a well-designed layout featuring over ten private offices, providing ample space for individual work or team collaboration. Two open-plan areas can accommodate 10-15 workstations, fostering a dynamic and collaborative work environment. A dedicated conference room facilitates meetings and presentations, while a comfortable break area provides a space for relaxation and informal gatherings. Two private restrooms ensure convenience for occupants, and a separate IT room allows for efficient network management and technological support. Situated on a 0.25-acre lot, this property offers ample parking and potential for future expansion. The asking price is $2,050,000, representing a compelling opportunity for businesses seeking a high-quality, well-appointed office space in a prime Weston location. The building's functional design and convenient location make it ideal for a variety of commercial uses. Its proximity to I-75 ensures easy access to major transportation routes, connecting businesses to a wider regional market. This is a rare opportunity to acquire a well-maintained, freestanding office building in a thriving commercial area.

• CAP approach

  CAP return

  Valuation

  6%

  $1,257,305

  6.5%

  $1,160,589

  7%

  $1,077,690

• Comparable approach

  Method

  Valuation

  Relative Method

  $1,606,494

  Geo Method

  $1,606,494

• Alternative Use

  Use

  Valuation

  Residential

  $1,439,130

  Hospitality

  $1,318,236

  Educational

  $1,096,757

  Medical

  $1,134,476

  Retail

  $1,706,066

Location Insight

City

Weston

County

Broward

State

Florida

Latitude

26.0995

Longitude

-80.3651

CBSA code

33100

CBSA name

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

Property Tax & Assessments

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