Add Listing
Property Lookup
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings
    Property profile & analytics

    3250 Commerce Pkwy Miramar, FL 33025-3907

    • Manufacturing properties
    • 106,249 SF
    • 4.34 lot acres
    OFF-MARKET
    Value Estimations
    $16,500,000
    Show details
    Cap Rate Potential
    Location Intelligence
    Property ID
    US18-5119828
    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

    • Manufacturing properties

    Property Details for 3250 Commerce Pkwy

    Year built
    1989
    Construction
    CONCRETE
    Lot size
    4.34 lot acres
    Property size
    106,249 SF
    Zone code
    PID
    Property type
    Manufacturing properties
    APN
    51-41-30-02-0020
    APU
    514130020020

    Value Estimations

    based on Realmo’s proprietary methodology

    • CAP approach

      CAP Return
      Estimation
      6%
      $17,045,000
      6.5%
      $15,735,000
      7%
      $14,610,000

    • Comparable approach

      Method
      Estimation
      AI Estimate
      $11,274,000
      Market price range: $5.19M - $24.6M

    Get a detailed, property-specific valuation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    Miramar
    County
    Broward
    State
    Florida
    Longitude
    -80.2826
    Latitude
    25.9785
    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
    $231,314
    $1,321,880
    $8,961,040
    $10,282,920
    -
    $1,321,880
    $8,961,040
    $10,282,920

    Comparable in this City

    • Value Estimation
      $4,415,000
      44,891 SF

      3051 Commerce Pkwy

      MANUFACTURING (LIGHT) • 44,891 SF
      3051 Commerce Pkwy, Miramar, FL 33025-3927
      View Details
    • Value Estimation
      $7,955,000
      58,090 SF

      10500 Marks Way

      WAREHOUSE, STORAGE • 58,090 SF
      10500 Marks Way, Miramar, FL 33025-4671
      View Details
    • Value Estimation
      $8,500,000
      62,008 SF

      11650 Miramar Pkwy

      WAREHOUSE, STORAGE • 62,008 SF
      11650 Miramar Pkwy, Miramar, FL 33025-5823
      View Details
    • Value Estimation
      $4,865,000
      45,100 SF

      12062 Miramar Pkwy

      DISTRIBUTION WAREHOUSE • 45,100 SF
      12062 Miramar Pkwy, Hollywood, FL 33025-7003
      View Details
    • Value Estimation
      $11,000,000
      79,906 SF

      10102 Usa Today Way

      WAREHOUSE, STORAGE • 79,906 SF
      10102 Usa Today Way, Miramar, FL 33025-3903
      View Details
    • Value Estimation
      $4,815,000
      34,050 SF

      3251 Commerce Pkwy

      WAREHOUSE, STORAGE • 34,050 SF
      3251 Commerce Pkwy, Miramar, FL 33025-3908
      View Details

    Similar Nearby for Sale

    • Contact for pricing

      Miramar Flex Space Available

      Flex space with warehouse and office components for sale.
      3118 Commerce Pkwy, Miramar, FL 33025
      View Details
    • Contact for pricing

      Miramar Park of Commerce Land

      Development sites available within established business park.
      10990 Marks Way, Miramar, FL 33025
      View Details
    • $450,000

      Miramar Professional Office Space

      Professional office space in Mirabella Plaza, Miramar, with diverse features.
      2501 Sw 101St Ave, Miramar, FL 33025
      View Details
    • $375,000
      649 SF

      Retail Space in Mirabella Plaza

      Retail space in busy shopping center anchored by McDonald's.
      2195 SW 101St Ave, Miramar, FL 33025
      View Details
    • $475,000
      1,163 SF

      Miramar Mixed-Use Retail Space

      Corner unit with lease to hair salon in Mirabella Plaza.
      2101 SW 101St Ave, Miramar, FL 33025
      View Details
    • $425,000
      1 SF

      Miramar Office Condo - $425K

      586 sq ft Office Condo, Mirabella Plaza
      Miramar, FL 33025
      View Details

    Similar Nearby for Lease

    • $16 SF/Yr
      18,549 SF

      Miramar Office and Lab Space

      Office and lab space available for lease in Miramar.
      10713-10785 Marks Way, Miramar, FL 33025
      View Details
    • $14 SF/Yr

      Miramar Flex Unit Sublease

      19,676 SF flex unit available for sublease.
      2705 North Commerce Pkwy, Miramar, FL 33025
      View Details
    • $0.01 SF/Yr

      Miramar Versatile Commercial Space

      Commercial space with offices, warehouse, and loading docks for rent.
      11650 Miramar Pkwy, Miramar, FL 33025
      View Details
    • $17 SF/Yr
      26,287 SF

      Miramar Warehouse Space Available 2025

      26,287 SF warehouse with 24' ceilings, available 2025.
      2805-2889 N Commerce Pkwy, Miramar, FL 33025
      View Details
    • $16 SF/Yr
      56,194 SF

      2800 Executive Way, Miramar, FL

      Warehouses • 56,194 SF
      2800 Executive Way, Miramar, FL 33025
      View Details
    • Contact for pricing
      33,525 SF

      Miramar Warehouse with Truckyard

      33,525 SF warehouse with 15 docks and truckyard.
      10801 Marks Way, Miramar, FL 33025
      View Details
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    3250 Commerce Pkwy
    Miramar, FL 33025-3907
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    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.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    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.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    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
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!