3000 University DrCoral Springs, FL 33065

Property Details for 3000 University Dr

Year built

1978

Construction

CONCRETE

Property size (Sq ft)

2,928 SF

Zone code

B-2

Property type

Office properties

Property subtype

Office buildings

APN

48-41-21-AD-0010

APU

484121AD0010

Description

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.

• CAP approach

  CAP return

  Valuation

  6%

  $841,444

  6.5%

  $776,717

  7%

  $721,238

• Comparable approach

  Method

  Valuation

  Relative Method

  $806,774

  Geo Method

  $806,774

• Alternative Use

  Use

  Valuation

  Residential

  $963,130

  Hospitality

  $882,222

  Educational

  $733,998

  Medical

  $759,241

  Retail

  $1,141,775

Location Insight

City

Coral Springs

County

Broward

State

Florida

Latitude

26.2676

Longitude

-80.2509

CBSA code

33100

CBSA name

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

Property Tax & Assessments

FAQs

How do I add a non-forward facing team member such as a broker coordinator or broker aide to a listing in order to ensure they get notifications on the property?

Please email our support team at support@realmo.com and they will add the team member.

How do I access a private listing?

Please contact the broker directly with the information provided on the listing. Once the broker approves your credentials he will make the information public to you.

How can I contact the broker?

We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.

How do I unsubscribe from emails?

At the footer of each email you will find links to Reduce Email Frequency, Adjust Email Settings or Unsubscribe altogether. If you choose to Unsubscribe and are still receiving emails please reach out to us at support@realmo.com.