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    Property profile & analytics

    2853 University Dr, Unit 2889 Davie, FL 33328-1439

    • Retail space
    • 18,756 SF
    • 1.69 lot acres
    OFF-MARKET
    Value Estimation
    $7,940,000
    Last Sale
    Mar 22, 2024
    $7,975,000
    Location Intelligence
    Property ID
    US18-3817351
    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

    • Retail space

    Property Details for 2853 University Dr

    Year built
    1985
    Construction
    MASONRY/CONCRETE MASONRY UNITS (CMUS)
    Lot size
    1.69 lot acres
    Property size
    18,756 SF
    Zone code
    B-2
    Property type
    Retail space
    APN
    50-41-21-12-0021
    APU
    504121120021

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $7,975,000

    • CAP approach

      CAP return
      Estimation
      6%
      $7,640,000
      6.5%
      $7,460,000
      7%
      $8,320,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $7,955,000
      Geo Method
      $7,120,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $7,555,000
      Retail
      $7,325,000
      Mixed-Use
      $7,215,000
      Hospitality
      $8,030,000
      Educational
      $9,155,000
      Residential Income
      $8,455,000
      Energy
      $9,655,000
      Income-Based Land
      $7,755,000
      Food Service
      $7,325,000

    Location Insight

    • Map
    • Local Demand
    City
    Davie
    County
    Broward
    State
    Florida
    Longitude
    -80.2516
    Latitude
    26.0848
    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
    $79,529
    $1,125,680
    $2,137,710
    $3,263,390
    -
    $1,125,680
    $2,137,710
    $3,263,390

    Comparable in this City

    • Value Estimation by Request
      7,308 SF

      5796 University Dr

      RETAIL STORES (PERSONAL SERVICES) • 7,308 SF
      5796 University Dr, Davie, FL 33328-6118
      View Details
    • Value Estimation by Request
      10,042 SF

      10201 Stirling Rd, Unit 10261

      RETAIL STORES (PERSONAL SERVICES) • 10,042 SF
      10201 Stirling Rd, Cooper City, FL 33328-6526
      View Details
    • Value Estimation by Request
      56,968 SF

      8631 Stirling Rd, Unit 8861

      RETAIL STORES (PERSONAL SERVICES) • 56,968 SF
      8631 Stirling Rd, Cooper City, FL 33328-5902
      View Details
    • Value Estimation by Request
      63,202 SF

      5907 University Dr, Unit 5985

      RETAIL STORES (PERSONAL SERVICES) • 63,202 SF
      5907 University Dr, Davie, FL 33328-6115
      View Details
    • Value Estimation by Request
      4,132 SF

      8274 Griffin Rd

      RETAIL STORES (PERSONAL SERVICES) • 4,132 SF
      8274 Griffin Rd, Davie, FL 33328-3715
      View Details
    • Value Estimation by Request
      11,082 SF

      8200 Griffin Rd

      RETAIL STORES (PERSONAL SERVICES) • 11,082 SF
      8200 Griffin Rd, Davie, FL 33328-3715
      View Details

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    2853 University Dr, Unit 2889
    Davie, FL 33328-1439
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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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