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Property profile & analytics
OFF-MARKET
Estimated value
$13,460,000
Industrial properties
3501 Commerce Pkwy, Miramar, FL 33025-3918
Entity Owned
5-yr Hold
Absentee Owner
Free & Clear
Property ID
US18-1150529
Property profile
Verified
Property type
Industrial properties
Use group
INDUSTRIAL (GENERAL)
Year built
1990
Construction
CONCRETE
Total area
61,809 SF
Lot
4.97 ac (216,483 SF)
Zoning code
PID
APN
51-41-30-04-0032
UPID
US18-1150529
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
$14.48M
CAP Approach
CAP
$9.16M
Comparable Approach
Comparable
$12.06M
Blend (final)
Blend
$13.46M
Owner & transaction history
Spg 3501 Commerce Pwy LLC · 5 yrs held
Spg 3501 Commerce Pwy LLC
since 2020
Last sale
$13.7M
3 recorded transactions
Zoning & alternative use
PID · 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
$14,480,000
CAP Approach
CAP Return
Estimation
6%
$9,915,000
6.5%
$9,155,000
7%
$8,500,000
Blend value · Realmo final
$13.46M
Range $12.11M – $14.81M · ±10% · vs last sale $13.65M (Dec 31 2020)
Last sale anchor
$13.65M
Dec 31 2020
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
$218 / 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
$255,536
Tax year 2023
Assessed value
$10,997,570
Assessed 2023
Previous assessed
$12,552,450
-12.4% YoY
Effective rate
2.32%
On assessed value
Assessed land
$1,515,380
Assessed improvement
$9,482,190
Land market value
$1,515,380
Improvement market value
$9,482,190
Total market value
$10,997,570
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
Industrial properties
Use group
INDUSTRIAL (GENERAL)
Status
Off-Market
Year built
1990
Construction
CONCRETE
Heating
NONE
Cooling
YES
Buildings
2
Stories
1
Total area
61,809 SF
Lot
4.97 ac (216,483 SF)
Zoning code
PID
APN
51-41-30-04-0032
UPID
US18-1150529
Jurisdiction
BROWARD
Metro division
FORT LAUDERDALE-POMPANO BEACH-DEERFIELD BEACH, FL METROPOLITAN DIVISION
Zoning & alternative use
PID · Miramar, FL
Zoning PID · permitted uses
PID · 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
1990
Construction
CONCRETE
Heating
NONE
Cooling
Yes
Stories
1
Buildings
2
Lot
4.97 ac
Current owner
From public records · entity-resolved
Spg 3501 Commerce Pwy LLC
Entity
Free & Clear · 5 yrs held
Mailing address
100 FRNT ST #1370, W CNSHOHOCKEN, PA 19428-2800
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2020
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
3 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Aug 19, 2022
—
Spg Parkway LLC
—
Deed
related
$112,000 · Nationwide Life Insurance Company
Dec 31, 2020
$13,650,000
Spg 3501 Commerce Pwy LLC
Felwin Holdings LLC
Grant Deed
—
Apr 12, 2002
$4,400,000
Felwin Holdings LLC
Unisource Worldwide INC
Grant Deed
related
$3,740,000 · Bank Of America
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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