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Property profile & analytics
OFF-MARKET
Estimated value
$16,845,000
Retail space
3400 University Dr 3548 Sunrise, FL 33351-6722
Entity Owned
12-yr Hold
Free & Clear
Property ID
US18-3167437
Property profile
Verified
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Year built
1989
Construction
CONCRETE
Total area
118,524 SF
Lot
14.46 ac (629,879 SF)
Zoning code
B-3
APN
49-41-21-03-0114
UPID
US18-3167437
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
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$16.85M
Owner & transaction history
Wal-mart Stores East LP · 12 yrs held
Wal-mart Stores East LP
since 2014
5 recorded transactions
Zoning & alternative use
B-3 · Sunrise, 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 Sunrise submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Sunrise 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
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
$142 / 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
$316,573
Tax year 2023
Assessed value
$14,047,340
Assessed 2023
Previous assessed
$14,019,750
+0.2% YoY
Effective rate
2.25%
On assessed value
Assessed land
$5,546,390
Assessed improvement
$8,500,950
Land market value
$5,546,390
Improvement market value
$8,500,950
Total market value
$14,047,340
Applied tax rate
2,112.0000
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
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Status
Off-Market
Year built
1989
Construction
CONCRETE
Heating
NONE
Cooling
YES
Stories
1
Total area
118,524 SF
Lot
14.46 ac (629,879 SF)
Zoning code
B-3
APN
49-41-21-03-0114
UPID
US18-3167437
Jurisdiction
BROWARD
Metro division
FORT LAUDERDALE-POMPANO BEACH-DEERFIELD BEACH, FL METROPOLITAN DIVISION
Zoning & alternative use
B-3 · Sunrise, FL
Zoning B-3 · permitted uses
B-3 · Sunrise, FL
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Sunrise. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1989
Construction
CONCRETE
Heating
NONE
Cooling
Yes
Stories
1
Lot
14.46 ac
Current owner
From public records · entity-resolved
Wal-mart Stores East LP
Entity
Free & Clear · 12 yrs held
Mailing address
500 E BROWARD BLVD STE #1130, FORT LAUDERDALE, FL 33394-3022
Ownership since
2014
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
5 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Feb 19, 2014
$3,000,000
Wal-mart Stores East LP
Bre Mariner Sunrise Town Cente
Grant Deed
—
Jan 10, 2012
$9,571,000
Bre Mariner Sunrise Town Center LLC
Dim Vastgoed N V
Warranty Deed
$210,000,000 · Wells Fargo Bank NA
Apr 4, 2011
—
Dim Vastgoed Nv
Sunrise Town Center LLC
Quit Claim Deed
related
—
Dec 27, 2010
—
Sunrise Town Center LLC
Dim Vastgoed Nv
Warranty Deed
—
Dec 29, 1997
$4,100,000
Pebb Enterprises Sunrise Town
Carlyle Income Plus Limited
Grant Deed
—
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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