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Property profile & analytics
OFF-MARKET Estimated value $3,940,000
Commercial land

3100 University Dr Sunrise, FL 33351-6716

9,765 SF 1.73 ac lot Built 1972
Entity Owned 4-yr Hold Free & Clear
Property ID
US18-2095503
Property summary
AI-generated overview

This exceptional 3.2-acre commercial land parcel presents a remarkable development opportunity in the thriving city of Sunrise, Florida. Located at 3100 N University Drive, this property boasts a highly desirable B-3 zoning classification, opening doors to a wide array of potential uses. These include, but are not limited to, retail establishments, fast-food restaurants, grocery stores, building supply centers, office spaces, automotive businesses, and multi-family residential developments. The site offers significant visibility and accessibility, with approximately 360 feet of frontage on University Drive and a depth of approximately 420 feet. The property benefits from a high traffic count, averaging 55,500 vehicles daily, further enhancing its commercial viability. A median cut for southbound traffic provides convenient access. The asking price is $5,750,000, translating to $1,796,875 per acre, reflecting the exceptional value and potential of this strategically located land. This is an unparalleled chance to acquire a prime commercial property in a rapidly growing area of Broward County, Florida, with the potential for substantial returns on investment. The property is situated in Sunrise, Florida, with a zip code of 33319.

Property profile
Verified
Property type Commercial land
Use group VACANT COMMERCIAL LAND
Year built 1972
Construction CONCRETE
Total area 9,765 SF
Lot 1.73 ac (75,505 SF)
Zoning code B-3
APN 49-41-21-03-0031
UPID US18-2095503
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
$4.20M
CAP Approach CAP
by Request
Comparable Approach Comparable
$4.10M
Blend (final) Blend
$3.94M
Owner & transaction history
Busy Bee Sunrise LLC · 4 yrs held
Busy Bee Sunrise LLC
since 2022
Last sale
$5.3M
5 recorded transactions
2022
$5.3M
2022
Price N/A
2011
Price N/A
2009
Price N/A
2009
Price N/A
Zoning & alternative use
B-3 · Sunrise, FL
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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