Property profile

3600 Red Rd N603 Miramar, FL 33025

OFF-MARKET
Office buildings
Property ID
US18-5104798
1,513 SF Built 2009
Entity Owned 5-yr Hold ~ Est. High Equity
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Property profile

Verified
Property type Office buildings
Use group PROFESSIONAL BUILDING
Year built 2009
Construction CONCRETE
Total area 1,513 SF
Zoning code B2
APN 51-40-25-AK-0330
UPID US18-5104798

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Dental Office
  • Dental Office
  • Dental Office
  • Dental Office
  • Big Box & Wholesale Store Food Market

Location

3600 Red Rd, Unit N603 Miramar, FL 33025-6013
Miramar metro Census 110321 MIAMI-FORT LAUDERDALE-MIAMI BEACH, FL METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$960k
CAP Approach CAP
$480k
Comparable Approach Comparable
$772k
Blend (final) Blend
$700k

Owner & transaction history

since 2021
Last sale
$510,000
3 recorded transactions
2021
$510,000
2020
$10,100
2008
$546,600

Zoning & alternative use

B2 · Miramar, FL
Zoning description

This district is intended primarily to provide for general commercial activity for a wide range of goods and services to the entire community.

General category COMMERCIAL
Top alternative use upside
Neighborhood: shopping center $1.0M +40.9%
Auto repair, garage $890,000 +24.3%

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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