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Property profile & analytics
OFF-MARKET
Estimated value
$13,935,000
Commercial land
3210 University Dr 3272 Coral Springs, FL 33065-4147
Entity Owned
3-yr Hold
Absentee Owner
Free & Clear
Property ID
US18-5756860
Property profile
Verified
Property type
Commercial land
Use group
VACANT COMMERCIAL LAND
Year built
1975
Construction
CONCRETE
Total area
72,732 SF
Lot
2.74 ac (119,182 SF)
Zoning code
DT-MU
APN
48-41-21-45-0020
UPID
US18-5756860
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
$14.96M
CAP Approach
CAP
$15.44M
Comparable Approach
Comparable
$19.27M
Blend (final)
Blend
$13.94M
Owner & transaction history
MCREF III CORAL SPRINGS APARTMENTS · 6 yrs held
MCREF III CORAL SPRINGS APARTMENTS
since 2020
Last sale
$9.5M
1 recorded transaction
Zoning & alternative use
DT-MU · Coral Springs, FL
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Cap rate
Implied · in-place · derived from last sale + estimated NOI
Implied Cap rate
#1
Implied · in-place · NOI ÷ last sale
In-place · derived from last sale + estimated NOI
Cap rate, NOI & submarket benchmark
Implied cap rate vs Coral Springs submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Coral Springs submarket · NOI estimate · typical band, median & reading
Refine your cap rate
8-question underwriting flow
1.
Property current status — Going-In vs Stabilized
2.
Price for denominator — asking / offer / market
3.
Leasing status & lease structure (NNN / Gross)
4.
Tenant risk profile & vacancy assumption
5.
Upload T12 / rent roll / OM (optional)
Refine in 60 seconds, get exact suggested price
T12 upload · Submarket benchmarks · Sensitivity grid
Suggested price · 3 cap rate anchors
Income approach @ 5% / 7% / 9% — aggressive / typical / conservative
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · Implied $/SF per anchor · Sensitivity grid
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · implied $/SF · sensitivity
Value
AI, CAP & Alternative Use estimations · Realmo proprietary blendValue Estimations
Based on Realmo’s proprietary methodology
AI Approach
Method
Estimation
Statistic approach
$14,935,000
ML approach
$14,955,000
CAP Approach
CAP Return
Estimation
6%
$16,730,000
6.5%
$15,440,000
7%
$14,340,000
Blend value · Realmo final
$13.94M
Range $12.54M – $15.33M · ±10% · vs last sale $9.50M (Dec 30 2020)
Last sale anchor
$9.50M
Dec 30 2020
Realmo estimate · informational only.
These numbers are calculated by our models from public records and may not reflect actual market value.
Not an appraisal.
Verify with a licensed appraiser before transacting. Realmo accepts no liability for divergence from real-world outcomes.
View the full estimation — every method, every assumption
Confidence drivers & risk notes · Custom comparable set · Free for first 3 / day
Full estimation methodology
Every method · every assumption · confidence drivers
Price per SF
Sale + rent benchmarks
Subject property
$192 / SF
Submarket sale & rent benchmarks
Median sale $/SF · Asking & closed rent · Submarket vacancy
Submarket sale & rent benchmarks
Median sale $/SF · asking & closed rent · submarket vacancy
Property tax & assessments
Tax year 2023Property tax & assessments
Tax year 2023
Tax billed
$68,470
Tax year 2023
Assessed value
$3,337,100
Assessed 2023
Previous assessed
$2,979,550
+12.0% YoY
Effective rate
2.05%
On assessed value
Assessed land
$3,337,100
Land market value
$3,337,100
Total market value
$3,337,100
Applied tax rate
2,812.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Commercial land
Use group
VACANT COMMERCIAL LAND
Status
Off-Market
Year built
1975
Construction
CONCRETE
Heating
NONE
Total area
72,732 SF
Lot
2.74 ac (119,182 SF)
Zoning code
DT-MU
APN
48-41-21-45-0020
UPID
US18-5756860
Jurisdiction
BROWARD
Metro division
FORT LAUDERDALE-POMPANO BEACH-DEERFIELD BEACH, FL METROPOLITAN DIVISION
Zoning & alternative use
DT-MU · Coral Springs, FL
Zoning DT-MU · permitted uses
DT-MU · Coral Springs, FL
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Coral Springs. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1975
Construction
CONCRETE
Heating
NONE
Lot
2.74 ac
Current owner
From public records · entity-resolved
MCREF III CORAL SPRINGS APARTMENTS
Individual
Free & Clear · 6 yrs held
Mailing address
4855 TECHNOLOGY WAY STE #400, BOCA RATON, FL 33431-3350
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2020
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
1 recorded event · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Dec 30, 2020
$9,500,000
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Coming soon
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Coming soon
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
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