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    Property profile & analytics

    1850 University Dr Coral Springs, FL 33071-6031

    • Turn key restaurants
    • 7,467 SF
    • 0.87 lot acres
    OFF-MARKET
    Value Estimation
    $2,185,000
    Last Sale
    Sep 15, 2021
    $2,475,000
    Location Intelligence
    Property ID
    US18-1806234
    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

    • Turn key restaurants

    Property Details for 1850 University Dr

    Year built
    1997
    Construction
    CONCRETE
    Lot size
    0.87 lot acres
    Property size
    7,467 SF
    Zone code
    B-2
    Property type
    Turn key restaurants
    APN
    48-41-28-01-0180
    APU
    484128010180

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $2,115,000

    • CAP approach

      CAP return
      Estimation
      6%
      $2,665,000
      6.5%
      $2,610,000
      7%
      $2,280,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $2,540,000
      Geo Method
      $2,085,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $2,235,000
      Retail
      $2,765,000
      Mixed-Use
      $2,360,000
      Hospitality
      $2,115,000
      Educational
      $2,245,000
      Residential Income
      $2,595,000
      Energy
      $2,320,000
      Income-Based Land
      $2,550,000
      Food Service
      $2,225,000

    Location Insight

    • Map
    • Local Demand
    City
    Coral Springs
    County
    Broward
    State
    Florida
    Longitude
    -80.253
    Latitude
    26.2543
    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
    $49,985
    $566,390
    $1,675,900
    $2,242,290
    -
    $566,390
    $1,675,900
    $2,242,290

    Comparable in this City

    • Value Estimation by Request
      6,562 SF

      1800 University Dr

      RESTAURANT • 6,562 SF
      1800 University Dr, Coral Springs, FL 33071-6031
      View Details
    • Value Estimation by Request
      10,751 SF

      1580 University Dr

      RESTAURANT • 10,751 SF
      1580 University Dr, Coral Springs, FL 33071-6042
      View Details
    • Value Estimation by Request
      5,674 SF

      1650 University Dr

      RESTAURANT • 5,674 SF
      1650 University Dr, Coral Springs, FL 33071-6027
      View Details
    • Value Estimation by Request
      5,262 SF

      1455 University Dr

      RESTAURANT • 5,262 SF
      1455 University Dr, Coral Springs, FL 33071-6039
      View Details
    • Value Estimation by Request
      7,492 SF

      2000 University Dr

      RESTAURANT • 7,492 SF
      2000 University Dr, Coral Springs, FL 33071-6133
      View Details
    • Value Estimation by Request
      7,508 SF

      1892 University Dr

      RESTAURANT • 7,508 SF
      1892 University Dr, Coral Springs, FL 33071-6031
      View Details

    Similar Nearby for Sale

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      Prime Retail Space Available

      1800 sqft retail space in Coral Springs, Florida.
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      Prime Coral Springs Retail/Office Space

      Move-in ready 3,000 SF space near Coral Square Mall.
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    Similar Nearby for Lease

    • $35 SF/Yr
      2,125 SF

      Retail Space Near Coral Square

      Retail space for lease near Coral Square Mall.
      1281-1327 N University Dr, Coral Springs, FL 33071
      View Details
    • Contact for pricing
      2,400 SF

      Retail Space in Coral Springs

      Retail space for lease in a high-traffic Coral Springs location.
      2200 N University Dr, Coral Springs, FL 33071
      View Details
    • Contact for pricing
      15,000 SF

      Retail Space Near Coral Square

      Retail space available in Coral Springs, Florida.
      1140 N University Dr, Coral Springs, FL 33071
      View Details
    • Contact for pricing
      33,517 SF

      Coral Springs Retail Space Available

      Retail space for lease in Coral Springs, Florida.
      725 N University Dr, Coral Springs, FL 33071
      View Details
    • Contact for pricing

      Retail Space Near Coral Square

      Retail space available adjacent to Coral Square Mall.
      1160 N University Dr, Coral Springs, FL 33071
      View Details
    • $35 SF/Yr
      1,471 SF

      Retail Space in Coral Springs

      Retail space available in a Publix-anchored shopping center.
      1300 Coral Ridge Dr, Coral Springs, FL 33071
      View Details
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    Coral Springs, FL 33071-6031
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    Realmo Value Estimation

    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.

    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.

    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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