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    The Largest CRE Database in the US with Over 1 Million Listings
    Property profile & analytics

    10188 31st St Coral Springs, FL 33065-3913

    • Medical offices
    • 4,502 SF
    • 0.59 lot acres
    OFF-MARKET
    Value Estimations
    $945,000
    Show details
    Cap Rate Potential
    Location Intelligence
    Property ID
    US18-7393753
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Medical offices

    Property Details for 10188 31st St

    Year built
    2014
    Construction
    CONCRETE
    Lot size
    0.59 lot acres
    Property size
    4,502 SF
    Zone code
    B-2
    Property type
    Medical offices
    Property subtype
    Medical centers
    APN
    48-41-21-06-0690
    APU
    484121060690

    Value Estimations

    based on Realmo’s proprietary methodology

    • CAP approach

      CAP Return
      Estimation
      6%
      $1,130,000
      6.5%
      $1,045,000
      7%
      $970,000

    • Alternative Use

      Use
      Estimation
      WAREHOUSE, STORAGE
      $1,370,000
      OFFICE BUILDING
      $1,360,000
      RETAIL STORES
      $1,345,000

    Get a detailed, property-specific valuation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    Coral Springs
    County
    Broward
    State
    Florida
    Longitude
    -80.262
    Latitude
    26.2691
    CBSA code
    33100
    CBSA name
    MIAMI-FORT LAUDERDALE-MIAMI BEACH, FL METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $26,447
    $180,650
    $1,017,820
    $1,198,470
    -
    $180,650
    $1,017,820
    $1,198,470

    Comparable in this City

    • Value Estimation
      $1,035,000
      6,069 SF

      10161 Sample Rd

      MEDICAL BUILDING • 6,069 SF
      10161 Sample Rd, Coral Springs, FL 33065-3954
      View Details
    • Value Estimation
      $14,775,000
      52,748 SF

      9750 33rd St

      MEDICAL BUILDING • 52,748 SF
      9750 33rd St, Coral Springs, FL 33065-4042
      View Details
    • Value Estimation by Request
      9,999 SF

      10139 31st St

      MEDICAL BUILDING • 9,999 SF
      10139 31st St, Coral Springs, FL 33065-3908
      View Details
    • Value Estimation
      $2,155,000
      21,126 SF

      3080 99th Ave

      MEDICAL BUILDING • 21,126 SF
      3080 99th Ave, Coral Springs, FL 33065-4038
      View Details
    • Value Estimation
      $605,000
      3,080 SF

      10230 Sample Rd

      MEDICAL BUILDING • 3,080 SF
      10230 Sample Rd, Coral Springs, FL 33065-3940
      View Details
    • Value Estimation
      $670,000
      7,250 SF

      2950 101st Ln

      MEDICAL BUILDING • 7,250 SF
      2950 101st Ln, Coral Springs, FL 33065-3994
      View Details

    Similar Nearby for Sale

    • Contact for pricing

      Operating Dental Office For Sale

      Fully built-out dental office suitable for various medical practices.
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      $3,500,000
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      Ready to operate medical facility with high traffic exposure.
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      Belle Terre

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      Established Spa Business Opportunity

      Thriving spa business with loyal clientele in Coral Springs.
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    • New
      $931,200
      7,500 SF

      Commercial Space Near Sawgrass Expressway

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    • $644,000
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      Coral Springs Medical/Office Condo

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    Similar Nearby for Lease

    • $169 SF/Yr

      Furnished Med Spa/Salon Suites

      Furnished Med Spa/Salon suites available for rent in Coral Springs.
      9900 W Sample Rd, Coral Springs, FL 33065
      View Details
    • Contact for pricing
      2,096 SF

      Mixed-Use Development in Coral Springs

      Upcoming mixed-use development with retail, medical, residential, and hotel space.
      3310 N University Dr, Coral Springs, FL 33065
      View Details
    • $26 SF/Yr
      5,158 SF

      Medical Suite in Coral Springs

      Fully built-out medical suite with flexible lease terms.
      9750 NW 33Rd St, Coral Springs, FL 33065
      View Details
    • Contact for pricing
      45,299 SF

      Medical Office Sublease Opportunity

      Medical office suites available for sublease in Coral Springs, FL.
      2901 Coral Hills Dr, Coral Springs, FL 33065
      View Details
    • $3,022 /Mo

      Medical Office Space For Lease

      Newly built-out medical office space near Broward Health Coral Springs.
      10139 Nw 31St St, Coral Springs, FL 33065
      View Details
    • Contact for pricing
      2,000 SF

      Medical Office Space Near Hospitals

      Medical office space for rent near Broward Health Coral Springs.
      10139 NW 31St St, Coral Springs, FL 33065
      View Details
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    10188 31st St
    Coral Springs, FL 33065-3913
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    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
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