Add Listing
    For Lease
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings

    3102-3106 Commerce Pkwy Miramar, FL

    View on Map
    Claim this Listing
    Loading data...
    Loading data...
    Loading data...
    For Lease
    Contact for pricing

    Office space with frontage on Miramar Parkway.

    Type:OFFICE
    Property size:
    8,100 SF
    Lot size:
    6.93 Acres
    Added:
    Jan 31, 2025
    Days on Market:
    451
    Last Refresh:
    Apr 5 at 9:13 pm

    Property Features for 3102-3106 Commerce Pkwy

    General Information

    Standard status
    Active
    Size
    8,100 SF
    Lot size
    6.93 Acres
    Property subtype
    OFFICE

    Spaces For Lease

    at 3102-3106 Commerce Pkwy Contact us

    We can help!

    Listing Contact
    Jarred Goodstein
    Jarred Goodstein

    Listing agent Jarred Goodstein

    Listing office Colliers | Fort Lauderdale

    Listing date Jan 31, 2025

    Source Moodyscre

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    All listing content including descriptions, pricing, images are the copyrighted material of Colliers | Fort Lauderdale

    Overview

    Miramar Office Space For Rent

    This property offers approximately 8,100 square feet of office space. The space is configured entirely as office space. The unit is located on a corner. It features a 14-foot clear height. The property has frontage on Miramar Parkway. Parking is available at a ratio of 5 spaces per 1,000 square feet, with the possibility of providing additional parking.
    Location Intelligence

    Current Use by Public Records

    Office Units

    Suggested Use

    Restaurant Real Estate Agency Law Firm Building Supply Dental Office Spa & Massage Center Big Box & Wholesale Store Auto Repair Shop Hair Salon Hotel & Motel

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Miramar
    County
    Broward
    State
    Florida
    Longitude
    -80.2818
    Latitude
    25.9802

    Nearby Similar for Lease

    • $17 SF/Yr

      Miramar Flex Space with Warehouse

      Large office space with warehouse, furnished or unfurnished option.
      3002 N Commerce Pkwy, Miramar, FL 33025
      View Details
    • $35 SF/Yr

      MIRAMAR

      Bar/Nightclub with 4 AM license in Miramar for lease.
      6029 Miramar Pkwy, Miramar, FL 33023
      View Details
    • $14 SF/Yr

      Miramar Flex Unit Sublease

      19,676 SF flex unit available for sublease.
      2705 North Commerce Parkway, Miramar, FL 33025
      View Details
    • Sponsored
      Contact for pricing

      Huntington Square III

      3350 148Th Ave, Unit 110, Miramar, FL 33027
      View Details
    • $1,650/Mo

      Move-In Ready 1/1 Unit

      One-bedroom, one-bathroom unit with updated features, convenient location.
      7601 Venetian St 1-4, Miramar, FL 33023
      View Details
    • $2,800/Mo

      Renovated 2-Bedroom Residence

      Renovated 2-bedroom unit with private porch and backyard.
      6071 SW 33rd St 4, Miramar, FL 33023
      View Details
    • $2,500/Mo

      Miramar Retail Space Available

      Retail space for rent in Broward County, Miramar, Florida.
      7150 Pembroke Rd 7168, Miramar, FL 33023
      View Details
    • $15 SF/Yr

      Miramar Office Space Available Now

      8,893 SF office space for lease in Miramar, Florida.
      3001-3021 N Commerce Pkwy , Miramar, FL
      View Details
    • $17 SF/Yr

      Miramar Flex Space For Rent

      Flex space with office and warehouse components available for lease.
      3201 Commerce Pkwy, Miramar, FL
      View Details
    • $30 SF/Yr

      Retail Space Near Florida Turnpike

      Retail space with ample parking and easy highway access.
      6890 Miramar Pkwy, Miramar, FL
      View Details
    • Contact for pricing

      Miramar Industrial Space with Storage

      92,155 sq. ft. industrial space with outdoor storage available.
      15800 SW 25th Street, Miramar, FL 33027
      View Details
    • $24 SF/Yr

      Miramar Centre Class A Office

      Class A office space in Miramar Centre Office and Industrial Park.
      3401 SW 160th Ave, Miramar, FL
      View Details

    FAQs

    What type of property is this?
    Office units - Office space with frontage on Miramar Parkway.
    Where is this office units located?
    The property is located at 3102-3106 Commerce Pkwy Miramar, FL.
    What is the lease rate?
    The lease rate is $12 SF/Yr.
    What are key features of this property?
    This property features: Miramar Parkway Frontage; 5:1000 Parking, with the potential for even more parking; Corner Unit
    (954) 815-6438 Call to check price and availability
    We can help!
    Contact for Pricing
    Please call us for current price
    and status of this listing Jarred Goodstein
    Jarred Goodstein
    Learn More
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!