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Property profile & analytics
FOR LEASE
Office buildings
3501 SW 160Th Ave, Miramar, FL 33027
Entity Owned
3-yr Hold
~
Est. High Equity
Property ID
US18-1150460
For Lease
1 / 2
$25 SF/Yr
3501 SW 160Th Ave, Miramar, FL 33027
View Listing →
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING (MULTI-STORY)
Year built
2001
Construction
CONCRETE
Total area
96,126 SF
Lot
6.04 ac (263,001 SF)
Zoning code
B2
APN
51-40-32-05-0082
UPID
US18-1150460
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
$30.46M
Comparable Approach
Comparable
$23.73M
Blend (final)
Blend
$24.49M
Owner & transaction history
Galaxy Properties I LP · 3 yrs held
Galaxy Properties I LP
since 2022
Last sale
$24.8M
2 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
$24,555,000
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
$32,990,000
6.5%
$30,455,000
7%
$28,280,000
Blend value · Realmo final
$24.49M
Range $22.04M – $26.93M · ±10% · vs last sale $24.83M (Sep 8 2022)
Last sale anchor
$24.83M
Sep 8 2022
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
$255 / 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
$538,209
Tax year 2023
Assessed value
$22,550,820
Assessed 2023
Previous assessed
$23,987,900
-6.0% YoY
Effective rate
2.39%
On assessed value
Assessed land
$2,367,010
Assessed improvement
$20,183,810
Land market value
$2,367,010
Improvement market value
$20,183,810
Total market value
$22,550,820
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
Office buildings
Use group
OFFICE BUILDING (MULTI-STORY)
Status
For Lease
Year built
2001
Construction
CONCRETE
Heating
NONE
Stories
4
Total area
96,126 SF
Lot
6.04 ac (263,001 SF)
Zoning code
B2
APN
51-40-32-05-0082
UPID
US18-1150460
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
2001
Construction
CONCRETE
Heating
NONE
Stories
4
Lot
6.04 ac
Current owner
From public records · entity-resolved
Galaxy Properties I LP
Entity
Mailing address
777 W YAMATO RD STE #105, BOCA RATON, FL 33431-4406
Ownership since
2022
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
2 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Sep 8, 2022
$24,828,000
Galaxy Properties I LP
The Gc Net Lease Miramar Investors
Special Warranty Deed
$736,000,000 · Jpmorgan Chase Bank NA
Jun 14, 2011
$21,500,000
Core Reit-miramar Centre Wells
Tcp-miramar LLC
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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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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