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Property profile & analytics
OFF-MARKET
Estimated value
$4,260,000
Parking lots & garages
1 Main St Miramar, FL 33023-1354
Entity Owned
4-yr Hold
~
Est. High Equity
Property ID
US18-4335681
Property summary
AI-generated overview
This exceptional retail and restaurant opportunity is located at 1 Main St, Miramar, FL 33025, within the vibrant Manor at Miramar mixed-use development. The property offers a total of 24,317 square feet of commercial space, divisible into units ranging from a minimum of 615 square feet to a maximum contiguous space of 4,250 square feet. Currently, 11,168 square feet are vacant and ready for immediate occupancy. The building is strategically positioned in a high-traffic area, surrounded by a significant residential population. With over 1,600 additional apartments nearby, along with Miramar City Hall (300+ employees) and Miramar Police HQ (250+ employees), this location guarantees high visibility and consistent foot traffic. Ample parking is available with 134 spaces provided for tenants and customers. This property presents a unique chance to establish or expand your business in a thriving Broward County community. The flexible space options cater to a variety of retail and restaurant concepts, making it an ideal investment for both established businesses and new ventures. Contact us today to learn more about this exciting opportunity.
Property profile
Verified
Property type
Parking lots & garages
Use group
PARKING LOT
Year built
2008
Total area
84,010 SF
Lot
3.77 ac (164,294 SF)
Zoning code
TND
APN
51-40-24-13-0020
UPID
US18-4335681
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
$4.47M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$4.26M
Owner & transaction history
Rd Manor Miramar LLC · 4 yrs held
Rd Manor Miramar LLC
since 2021
Last sale
$3.2M
7 recorded transactions
Zoning & alternative use
TND · Miramar, FL
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description
The Traditional Neighborhood Development (TND) district is provided for the development of new neighborhoods and the revitalization or extension of existing neighborhoods.
Zone name
Traditional Neighborhood Development
General category
PLANNED_DEVELOPMENT
Zone area
94.38 ac
Source
Realmo
Cap rate
Implied · in-place · derived from last sale + estimated NOI
Implied Cap rate
#1
Implied · in-place · NOI ÷ last sale
In-place · derived from last sale + estimated NOI
Cap rate, NOI & submarket benchmark
Implied cap rate vs Miramar submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Miramar submarket · NOI estimate · typical band, median & reading
Refine your cap rate
8-question underwriting flow
1.
Property current status — Going-In vs Stabilized
2.
Price for denominator — asking / offer / market
3.
Leasing status & lease structure (NNN / Gross)
4.
Tenant risk profile & vacancy assumption
5.
Upload T12 / rent roll / OM (optional)
Refine in 60 seconds, get exact suggested price
T12 upload · Submarket benchmarks · Sensitivity grid
Suggested price · 3 cap rate anchors
Income approach @ 5% / 7% / 9% — aggressive / typical / conservative
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · Implied $/SF per anchor · Sensitivity grid
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · implied $/SF · sensitivity
Value
AI, CAP & Alternative Use estimations · Realmo proprietary blendValue Estimations
Based on Realmo’s proprietary methodology
AI Approach
Method
Estimation
Statistic approach
$4,085,000
ML approach
$4,465,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$4.26M
Range $3.83M – $4.69M · ±10% · vs last sale $3.20M (Sep 3 2021)
Last sale anchor
$3.20M
Sep 3 2021
Realmo estimate · informational only.
These numbers are calculated by our models from public records and may not reflect actual market value.
Not an appraisal.
Verify with a licensed appraiser before transacting. Realmo accepts no liability for divergence from real-world outcomes.
View the full estimation — every method, every assumption
Confidence drivers & risk notes · Custom comparable set · Free for first 3 / day
Full estimation methodology
Every method · every assumption · confidence drivers
Price per SF
Sale + rent benchmarks
Subject property
$51 / SF
Submarket sale & rent benchmarks
Median sale $/SF · Asking & closed rent · Submarket vacancy
Submarket sale & rent benchmarks
Median sale $/SF · asking & closed rent · submarket vacancy
Property tax & assessments
Tax year 2023Property tax & assessments
Tax year 2023
Tax billed
$53,830
Tax year 2023
Assessed value
$2,644,010
Assessed 2023
Previous assessed
$2,479,720
+6.6% YoY
Effective rate
2.04%
On assessed value
Assessed land
$2,464,410
Assessed improvement
$179,600
Land market value
$2,464,410
Improvement market value
$179,600
Total market value
$2,644,010
Applied tax rate
2,713.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Parking lots & garages
Use group
PARKING LOT
Status
Off-Market
Year built
2008
Heating
NONE
Stories
1
Total area
84,010 SF
Lot
3.77 ac (164,294 SF)
Zoning code
TND
APN
51-40-24-13-0020
UPID
US18-4335681
Jurisdiction
BROWARD
Metro division
FORT LAUDERDALE-POMPANO BEACH-DEERFIELD BEACH, FL METROPOLITAN DIVISION
Zoning & alternative use
TND · Miramar, FLZoning TND · permitted uses
TND · Miramar, FL
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Zoning description
The Traditional Neighborhood Development (TND) district is provided for the development of new neighborhoods and the revitalization or extension of existing neighborhoods.
Zone name
Traditional Neighborhood Development
General category
PLANNED_DEVELOPMENT
Zone area
94.38 ac
Source
Realmo
Building & site characteristics
From public records
Year built
2008
Heating
NONE
Stories
1
Lot
3.77 ac
Current owner
From public records · entity-resolved
Rd Manor Miramar LLC
Entity
Mailing address
2850 TIGERTAIL AVE STE #800, MIAMI, FL 33133-5346
Ownership since
2021
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
9 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Sep 3, 2021
$3,200,000
Rd Manor Miramar LLC
City Of Moramar
Special Warranty Deed
$69,856,000 · Wells Fargo Bank NA
Apr 16, 2014
$1,250,000
City Of Miramar
Rock-kim Miramar LLC
Grant Deed
—
Dec 14, 2012
—
Cip II Of Mcrt Miramar Town Ctr L
Rock-kim Miramar LLC
Grant Deed
—
Dec 14, 2012
$12,500,000
Cip II Of Mcrt Miramar Town Ctr L
Rock-kim Miramar LLC
Grant Deed
—
Dec 14, 2012
$2,500
Cip II Of Mcrt Miramar Town Ctr L
Miramar Town Center Block 3 Ga
Grant Deed
—
Oct 23, 2009
—
Rg-kim Block 4b Resid LLC
Rock-kim Miramar LLC
Grant Deed
—
May 30, 2007
$6,977,000
City Of Miramar
Rock-kim Miramar LLC
Grant Deed
—
Jan 9, 2006
$11,340,000
Rock-kim Miramar LLC
City Of Miramar
Grant Deed
—
—
—
Amfp V Mosaic Apartments LLC
—
Loan Modification
related
$72,000,000 · Jll R/e Cap LLC
Coming soon
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Coming soon
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
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