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Property profile & analytics
OFF-MARKET
Estimated value
$925,000
Gas stations
3500 Red Rd Miramar, FL 33025-4071
Entity Owned
15-yr Hold
~
Est. High Equity
Property ID
US18-2542476
Property profile
Verified
Property type
Gas stations
Use group
SERVICE STATION WITH FOOD MART
Year built
1999
Construction
CONCRETE
Total area
4,274 SF
Lot
1.96 ac (85,370 SF)
Zoning code
B2
APN
51-40-25-02-0080
UPID
US18-2542476
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
$600k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$1.25M
Blend (final)
Blend
$925k
Owner & transaction history
R & L Investments II LLC · 15 yrs held
R & L Investments II LLC
since 2011
7 recorded transactions
Zoning & alternative use
B2 · Miramar, 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 Miramar submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Miramar 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
by Request
ML approach
$600,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$925k
Range $833k – $1.02M · ±10%
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
$216 / 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
$71,979
Tax year 2023
Assessed value
$3,337,470
Assessed 2023
Previous assessed
$3,294,780
+1.3% YoY
Effective rate
2.16%
On assessed value
Assessed land
$1,408,610
Assessed improvement
$1,928,860
Land market value
$1,408,610
Improvement market value
$1,928,860
Total market value
$3,337,470
Applied tax rate
2,713.0000
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
Gas stations
Use group
SERVICE STATION WITH FOOD MART
Status
Off-Market
Year built
1999
Construction
CONCRETE
Heating
NONE
Stories
1
Total area
4,274 SF
Lot
1.96 ac (85,370 SF)
Zoning code
B2
APN
51-40-25-02-0080
UPID
US18-2542476
Jurisdiction
BROWARD
Metro division
FORT LAUDERDALE-POMPANO BEACH-DEERFIELD BEACH, FL METROPOLITAN DIVISION
Zoning & alternative use
B2 · Miramar, FL
Zoning B2 · permitted uses
B2 · Miramar, FL
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Miramar. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1999
Construction
CONCRETE
Heating
NONE
Stories
1
Lot
1.96 ac
Current owner
From public records · entity-resolved
R & L Investments II LLC
Entity
Mailing address
3500 RED RD, MIRAMAR, FL 33025-4071
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2011
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
7 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jul 7, 2020
—
R & L Investments II LLC
—
Deed
related
$3,692,603 · Terrabank NA
Apr 16, 2018
—
R & L Investments II LLC
—
Deed
related
$3,830,273 · Terrabank NA
Jan 4, 2011
$2,500,000
R & L Investments II LLC
Red Road Petroleum LLC
Warranty Deed
$1,875,000 · Terrabank NA
—
—
R & L Investments II LLC
—
Loan Modification
related
$1,779,561 · Terrabank
—
—
R & L Investments II LLC
—
Loan Modification
related
$2,699,521 · Terrabank NA
—
—
R & L Investments II LLC
—
Loan Modification
related
$3,692,603 · Terrabank NA
—
—
R & L Investments II LLC
—
Loan Modification
related
$3,830,273 · Terrabank NA
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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