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Property profile & analytics
FOR SALE
Office buildings

3000 N University Dr Coral Springs, FL 33065

2,928 SF Built 1978
Individually Owned 10-yr Hold Free & Clear
Property ID
US19-0854590
Property summary
AI-generated overview

This exceptional 1,294 square foot, ground-floor retail space presents a unique opportunity for a hair salon operator. Located in a tranquil courtyard setting with attractive landscaping and water features, this Class B property offers a serene and inviting atmosphere for clients. The space is fully built-out as a turnkey hair salon, boasting nine hair stations (six main and three substations), two hair washing sinks, and two additional treatment rooms ideal for aesthetics, massage, or nail services. Significant investment has already been made in plumbing infrastructure, estimated at approximately $100,000 in value. A full-sized washer and dryer, along with a large water heater, are included. The property's convenient location is adjacent to the Walk in Coral Springs and within walking distance of Modera, a newly completed 351-unit apartment building, ensuring high foot traffic and potential clientele. The well-maintained campus provides a professional and secure environment. Built in 1979, this single-tenant space is perfect for an immediate move-in and commencement of operations. This is a rare opportunity to acquire a fully equipped and established salon space in a desirable location, minimizing start-up costs and maximizing potential for immediate revenue generation. The property is available for lease and represents a strong investment in a thriving community.

Property profile
Verified
Property type Office buildings
Use group OFFICE BUILDING (MULTI-STORY)
Year built 1978
Construction CONCRETE
Total area 2,928 SF
Zoning code B-2
APN 48-41-21-AD-0010
UPID US19-0854590
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
$950k
Comparable Approach Comparable
$990k
Blend (final) Blend
$895k
Owner & transaction history
3000-a North University Drive · 10 yrs held
3000-a North University Drive
since 2015
7 recorded transactions
2015
Price N/A
2011
Price N/A
2007
Price N/A
2006
$220,000
2000
$275,000
1998
$180,000
1969
Price N/A
Zoning & alternative use
B-2 · Coral Springs, FL
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Medical building $1.0M +16.2%
Warehouse, storage $890,000 +0.9%
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