$3,700,000 4850 N State Road 7 # Multiple Units Lauderdale Lakes, FL

MLS: A10374271   Type: Commercial   County: Broward   City: Lauderdale Lakes   Area: 3550   Neighborhood: Headway Park   Zip: 33319   Style: Commercial Office     Stories: 1

Mortgage $17,371 /mo



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Amazing purchase of 12 commercial spaces at Headway Office Park building G totaling approx. 31,654 sq. ft. All spaces in this portfolio are on the same building located on the ground floor, with glass front and rear access with garage style roll up doors. The building is zoned for medical, dental and professional offices among other uses and approx. 12,000 sq. ft. are zoned for school use. The school use is a premium and in high demand in this area. The current occupancy rate is about 60% and the area is showing improvements with new developments. This property offers great flexibility, ample parking and great location (near the corner of 441 and Commercial Blvd.). Buy and start collecting rent income from day one then rent the vacant spaces and obtain a high cap rate. Easy to show.

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Price History

11/16/2017 Listed $3,750,000
1/20/2018 2% - $3,700,000

Acreage Description 1+ To 2 Acres
Approximate Lot Size 300000
Area 3550
Building Name Number Headway Park
Building Sq Ft 33500
Improvement Height Com 1 Story
Num Loading Doors 8
Prop Type Typeof Building Medical Office, Office Space
Property Sq Ft 31654
Property Type Commercial/Industrial
Section 18
Status Active
Styleof Property Commercial Office
Subdivision Complex Bldg Headway Park
Subdivision Number 1
Terms Considered All Cash, Conventional/Refinance, Exchange
Township Range 49
Type of Property Commercial
Year Built 1984
Zoning Information op

Interior Features

Electric Service 110 Volts Power
Interior Ceiling Height 9.0000
Num Floors 1
Offices 12
Unit Count 0
Units 12

Exterior Features

Dock Height 10
Door Height Door Ht 0-8'
Flood Zone X
Lot Sq Footage 31654
Num Bays 8
Parking Description Common Parking
Parking Spaces 65
Waterfront Property No

Property Schools

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Property vs Zip Code Avg (33319)

Price 3.70M Avg 809K

Sqr Feet 31,654 Avg 49,440

Cost / Sqr Ft $117 Avg $16

Acres 0.73 Avg 1.24

Visits 29 Avg 41

Days on Site 248 Avg 165

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Listing Provided Courtesy Of: Best Real Estate Group

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Location & Address

eXp Realty Miami
4830 W Kennedy Blvd Suite 600
Tampa, FL