4701 University DrLauderhill, FL 33351

Property Details for 4701 University Dr

Year built

1986

Construction

CONCRETE

Lot size

2.48 AC

Property size (Sq ft)

28,956 SF

Zone code

CG

Property type

Retail properties

Property subtype

Retail space

APN

49-41-16-01-9261

APU

494116019261

Description

This exceptional 1,440 square foot retail space is located at 4701 N University Dr, Lauderhill, FL 33351. The property is zoned CG and features a single-tenant occupancy within a larger building totaling 28,000 square feet. The space is currently vacant and ready for immediate occupancy, making it an ideal location for a variety of businesses. Its prime location on N University Drive ensures high traffic visibility and accessibility. Ample parking is available for customers and employees. The space is situated on the first floor for convenient access. The monthly rent, inclusive of taxes, is $2,781. The move-in costs include first month's rent, last month's rent, and one security deposit. This presents a fantastic opportunity for businesses seeking a high-visibility location with convenient access and ample parking in a thriving Lauderhill community. The property's APN is 494116019261. The space is suitable for a variety of uses, including retail, office, or educational purposes.

• CAP approach

  CAP return

  Valuation

  6%

  $12,654,813

  6.5%

  $11,681,366

  7%

  $10,846,982

• Comparable approach

  Method

  Valuation

  Relative Method

  $21,556,538

  Geo Method

  $21,556,538

• Alternative Use

  Use

  Valuation

  Residential

  $9,853,669

  Hospitality

  $9,025,908

  Educational

  $7,509,450

  Medical

  $7,767,711

  Retail

  $11,681,366

Location Insight

City

Lauderhill

County

Broward

State

Florida

Latitude

26.1837

Longitude

-80.2525

CBSA code

33100

CBSA name

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

Property Tax & Assessments

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