Entity Owned 
For Sale
1 / 52
$4,800,000
3481 University Dr, Coral Springs, FL 33065
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Property profile
Verified
Property type
Medical Office Space
Use group
MEDICAL BUILDING
Year built
2019
Construction
CONCRETE
Total area
10,592 SF
Lot
0.76 ac (33,145 SF)
Zoning code
DT-MU
APN
48-41-15-03-2126
UPID
US18-8360022
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Location
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$5.19M
Blend (final)
Blend
$5.49M
Owner & transaction history
since 2026
2 recorded transactions
Zoning & alternative use
DT-MU · Coral Springs, FL
Zoning description
Downtown Mixed-Use (DT-MU) Establish an identifiable character and an economic vitality for the Community Redevelopment Area, Recognize redevelopment areas are a community of diversified interests with the goal of econom…
General category
MIXED_USE
Top alternative use upside
Restaurant
$8.9M
+139.7%
Auto repair, garage
$7.9M
+112.6%
Neighborhood: shopping center
$7.1M
+90.0%
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
Value estimation
Instant AI valuation built from comps, income signals, and proprietary benchmarks. A defensible range, not a single guess.
Unlock the complete Valuation workflow
Full NOI reconstruction, selected comps, alternative-use scenarios, data audit and PDF export.
Full NOI build-up · 6 steps
7 alternative uses screened
Sensitivity value band
Source audit · 6 inputs
PDF export
Professional Plan · 30 reports
from $99/month
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Summary
1
Valuation conclusion
Included free
Estimated market value
$5.49M
Value range
$4.94M – $6.04M
±10% around blend
Estimated value / SF
$518 / SF
Confidence
Property data
100
Market benchmarks
33
Comparable evidence
60
Income certainty
100
$4.94M
blend $5.49M
$6.04M
Market-derived valuation under stabilized market assumptions. Desktop analysis. No physical inspection performed.
2
Subject property
Included free
GBA
10,592 SF
Lot area
0.76 ac
Year built
2019
Stories
1
APN
48-41-15-03-2126
Zoning
DT-MU
Assessed value
$3,568,370
Annual tax
$77,643
3
Income approach: direct capitalization
Partial preview
Estimated Stabilized NOI, derived from market rent, vacancy and expense benchmarks. Actual property income not reported.
Estimated market rent / SF
Potential gross income
Vacancy allowance
Effective gross income
Benchmark operating expenses
Stabilized NOI
Property tax
$77,643
Selected cap rate
4
Sales comparison
Partial preview
Sales approach indication
$5.19M
Range $1.87M – $5.19M
Evidence
6 found
Recent peer sales in this city
5
Sensitivity & risk
Partial preview
Downside
−10%
Base
$5.49M
Upside
+10%
Bounds of the ±10% band vs the blend — never simulated scenarios.
6
Current market position
Included free
Benchmark
Observed band ($/SF)AverageSubject delta
County 71 sales
$351
+48%
Band = middle half (Q1–Q3) of recorded sale $/SF for this use type per geography; the diamond marks the subject at $518/SF. Delta below average reads as headroom. Source: Realmo CRE sales derivatives (county records).
7
Alternative use screening
Partial preview
Top alternative use
Restaurant
Gross theoretical uplift
+140%
vs current-use indication
Auto Repair, Garage
Neighborhood: Shopping Center
Commercial (general)
Industrial (general)
Values shown before conversion costs, entitlement costs, capital expenditures and stabilization risk.
8
Data & methodology
Included free
Building area
County record
Property tax
County record
Assessed value
County record
Zoning designation
County record
Operating expenses
Modeled
Market rent
Market benchmark
Not analyzed due to unavailable source data: actual rent roll, tenant leases, physical condition and capital
requirements are outside a desktop analysis.
Cost Approach excluded: income and sales evidence cover the value conclusion.
Automated valuation analysis, not a licensed appraisal. Figures are derived from public
records and proprietary models. Desktop analysis: no physical inspection, tenant leases or reported
property income. Verify with a licensed appraiser before transacting.
Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
Unlock the complete Cap Rate workflow
Full market tables, editable assumptions, comparable evidence, saved work and exports.
9-scenario matrix
NOI build-up · 9 steps
Market rates by use type
PDF export
Professional Plan · 30 reports
from $99/month
from $99/month
Overview
No cap rate is computable for this property yet: no recorded sale, income signal or market-rate row for its use type.
Price sensitivity
The rate is the decision lever; valuation is the consequence.
Test a cap rate
Implied value$12.37M
Move the market yield to see immediate price impact.
Value / SF
$1,168
Vs. selected
Base
Derivation
NOI ÷ cap
Arithmetic over the derived NOI * — not market scenario modeling.
NOI × cap matrix
Preview
Preview of 9 modeled outcomes.
NOI
5.00%7.00%9.00%
$779k
$15.59M
$11.13M
$8.66M
$866k
$17.32M
$12.37M
$9.62M
$952k
$19.05M
$13.61M
$10.58M
NOI sensitivity ±10% across the 5 / 7 / 9% anchors — derivation of the NOI above.
Property tax & assessments
Tax year 2023Property tax & assessments
Tax year 2023
Tax billed
$77,643
Tax year 2023
Assessed value
$3,568,370
Assessed 2023
Previous assessed
$3,568,370
+0.0% YoY
Effective rate
2.18%
On assessed value
Assessed land
$546,890
Assessed improvement
$3,021,480
Land market value
$546,890
Improvement market value
$3,021,480
Total market value
$3,568,370
Applied tax rate
2,812.0000
Automated cap rate analysis. Based on public records, market benchmarks and proprietary
models. Verify with a licensed professional before transacting.
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Medical Office Space
Use group
MEDICAL BUILDING
Status
For Sale
Year built
2019
Construction
CONCRETE
Heating
NONE
Stories
1
Total area
10,592 SF
Lot
0.76 ac (33,145 SF)
Zoning code
DT-MU
APN
48-41-15-03-2126
UPID
US18-8360022
Jurisdiction
BROWARD
Metro division
FORT LAUDERDALE-POMPANO BEACH-DEERFIELD BEACH, FL METROPOLITAN DIVISION
Zoning & alternative use
DT-MU · Coral Springs, FLZoning DT-MU · permitted uses
DT-MU · Coral Springs, FL
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Zoning description
Downtown Mixed-Use (DT-MU) Establish an identifiable character and an economic vitality for the Community Redevelopment Area, Recognize redevelopment areas are a community of diversified interests with the goal of econom…
General category
MIXED_USE
Alternative use value scenarios
Repositioning upside vs current use
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Building & site characteristics
From public records
Year built
2019
Construction
CONCRETE
Heating
NONE
Stories
1
Lot
0.76 ac
Zoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
Zoning designation
Matched to the official district catalog
DT-MU
MIXED_USE
Jurisdiction
Coral Springs, FL
Recorded code
DT-MU
Official district
DT-MU
Official district profile
What the municipal code says about DT-MU
Zoning description
Downtown Mixed-Use (DT-MU) Establish an identifiable character and an economic vitality for the Community Redevelopment Area, Recognize redevelopment areas are a community of diversified interests with the goal of econom…
General category
MIXED_USE
Zoning Insight
What can be built and operated here — officially.
The district profile from the municipal source: what is on file for DT-MU in Coral Springs, FL.
What opens after registration
Zoning profile
Official descriptionThe district text from the municipal code
District factsZone name, category and district area
Official documentVerified municipal sources with file download
Match provenanceAssignment basis, match tier and confidence
Private report access
See the official zoning profile for this address.
Registration is required before the official district profile is shown.
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Ownership Intelligence
Find the owner behind the property.
Unlock the evidence behind ownership: portfolio, transactions, debt and signals that help you decide who to contact next.
What opens after registration
Ownership report
Owner identityResolved entity and name variants
Portfolio holdingsLinked properties and estimated value
Deal signalsSell-side activity worth following
Debt & historyRecorded loans and transaction history
Private report access
See the ownership record for this address.
Registration is required before any owner information is shown.
One complete report on every paid plan · 30 · 300 reports per month.
Owner of record and activity signals are derived from public records and modeled classifications.
They do not confirm beneficial ownership or intent to transact.
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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