1208 University DrPlantation, FL 33322

Property Details for 1208 University Dr

Year built

1982

Construction

CONCRETE

Lot size

0.12 AC

Property size (Sq ft)

5,193 SF

Zone code

B-7Q

Property type

Office properties

Property subtype

Office buildings

APN

49-41-33-13-0050

APU

494133130050

Description

This pristine, single-tenant medical office building, totaling 5,193 square feet, presents a remarkable opportunity in Plantation, Florida. Constructed in 1982, the building is ideally situated at 1208 N University Dr, 33322, offering excellent visibility and accessibility. Its location within a thriving medical and commercial corridor ensures high foot traffic and prominent exposure. The property's central location provides convenient access to major highways, enhancing its appeal to both patients and staff. This well-maintained building is perfect for healthcare professionals seeking a modern and functional space to establish or expand their practice. The single-tenant occupancy simplifies management and provides a stable investment opportunity. The building's size and layout offer ample space for various medical specialties, providing flexibility for future growth and adaptation. This is an exceptional chance to secure a well-established medical office building in a highly desirable location. The property's strong location and single-tenant occupancy make it an attractive investment for those seeking a stable and profitable venture in the flourishing Plantation market. This turnkey solution allows immediate occupancy and the opportunity to capitalize on the area's robust healthcare sector.

• CAP approach

  CAP return

  Valuation

  6%

  $1,543,896

  6.5%

  $1,425,135

  7%

  $1,323,340

• Comparable approach

  Method

  Valuation

  Relative Method

  $1,534,116

  Geo Method

  $1,534,116

• Alternative Use

  Use

  Valuation

  Residential

  $1,767,168

  Hospitality

  $1,618,716

  Educational

  $1,346,753

  Medical

  $1,393,070

  Retail

  $2,094,949

Location Insight

City

Plantation

County

Broward

State

Florida

Latitude

26.1412

Longitude

-80.256

CBSA code

33100

CBSA name

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

Property Tax & Assessments

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