3100 University Dr, Sunrise, FL 33351-6716
- Commercial land
- 9,765 SF
- 1.73 lot acres
Current Use by Public Records
- Commercial land
Property Details for 3100 University Dr
- Year built
- 1972
- Construction
- CONCRETE
- Lot size
- 1.73 lot acres
- Zone code
- B-3
- Property type
- Commercial land
- APN
- 49-41-21-03-0031
- APU
- 494121030031
Sales History
| Date | Price | Buyer | Seller | Deed Type | Mortgage |
|---|---|---|---|---|---|
| Jul 1, 2022 | $5,300,000 | Busy Bee Sunrise LLC | King Broward Holdings Lllp | Special Warranty Deed | — |
| Mar 11, 2022 | — | Cavalier Florida LP | Cplg Wellesley Properties LLC | Special Warranty Deed | $104M · Deutsche Bank National Trust Co |
| May 25, 2011 | — | King Broward Holdings Lllp | King Broward Holdings LLC | Quit Claim Deed | — |
| Apr 3, 2009 | — | King Broward Holdings LLC | King Saturn Ltd | Quit Claim Deed · related | — |
| Apr 2, 2009 | — | King Broward Holdings LLC | Owner,record | Grant Deed · related | — |
Description
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.
Value Estimations
-
AI approach
- Method
- Estimation
- Statistic approach
- $4,125,000
- ML approach
- $4,195,000
-
Comparable approach
- Method
- Estimation
- Statistic Estimate
- $4,102,000
Market price range: $2.39M - $8.89M -
Alternative Use
- Use
- Estimation
- COMMERCIAL (GENERAL)
- $5,060,000 Current use
- INDUSTRIAL (GENERAL)
- $4,590,000 Change: -9% Conversion: Moderate
- MEDICAL BUILDING
- $4,550,000 Change: -10% Conversion: Easy
Get a detailed, property-specific estimation — fast and free
Location Insight
- Map
- Local Demand
- City
- Sunrise
- County
- Broward
- State
- Florida
- Longitude
- -80.2561
- Latitude
- 26.1651
- CBSA code
- 33100
- CBSA name
- MIAMI-FORT LAUDERDALE-MIAMI BEACH, FL METROPOLITAN STATISTICAL AREA
