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Property profile & analytics
OFF-MARKET
Estimated value
$505,000
Drive through restaurants
3606 Red Rd Miramar, FL 33025-6012
Entity Owned
10-yr Hold
Free & Clear
Property ID
US18-7344510
Property profile
Verified
Property type
Drive through restaurants
Use group
DRIVE-THRU RESTAURANT, FAST FOOD
Year built
2016
Construction
CONCRETE
Total area
2,024 SF
Lot
1 ac (43,551 SF)
Zoning code
B2
APN
51-40-25-02-0090
UPID
US18-7344510
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
$560k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$450k
Blend (final)
Blend
$505k
Owner & transaction history
Taco Bell Of America LLC · 10 yrs held
Taco Bell Of America LLC
since 2015
6 recorded transactions
Zoning & alternative use
B2 · Miramar, FL
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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.
Zone name
Community Business
General category
COMMERCIAL
Zone area
532.89 ac
Source
Realmo
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
$560,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$505k
Range $455k – $556k · ±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
$250 / 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
$30,691
Tax year 2023
Assessed value
$1,406,290
Assessed 2023
Previous assessed
$1,356,300
+3.7% YoY
Effective rate
2.18%
On assessed value
Assessed land
$653,270
Assessed improvement
$753,020
Land market value
$653,270
Improvement market value
$753,020
Total market value
$1,406,290
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
Drive through restaurants
Use group
DRIVE-THRU RESTAURANT, FAST FOOD
Status
Off-Market
Year built
2016
Construction
CONCRETE
Heating
NONE
Cooling
YES
Stories
1
Total area
2,024 SF
Lot
1 ac (43,551 SF)
Zoning code
B2
APN
51-40-25-02-0090
UPID
US18-7344510
Jurisdiction
BROWARD
Metro division
FORT LAUDERDALE-POMPANO BEACH-DEERFIELD BEACH, FL METROPOLITAN DIVISION
Zoning & alternative use
B2 · Miramar, FLZoning B2 · permitted uses
B2 · Miramar, FL
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
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.
Zone name
Community Business
General category
COMMERCIAL
Zone area
532.89 ac
Source
Realmo
Building & site characteristics
From public records
Year built
2016
Construction
CONCRETE
Heating
NONE
Cooling
Yes
Stories
1
Lot
1 ac
Current owner
From public records · entity-resolved
Taco Bell Of America LLC
Entity
Free & Clear · 10 yrs held
Mailing address
1 GLN BELL WAY, IRVINE, CA 92618-3344
Ownership since
2015
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
6 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Sep 10, 2018
—
Crt Cix LLC
—
Deed
related
$13,600,000 · Td Bk NA
Dec 17, 2015
$925,000
Taco Bell Of America LLC
Miramar Crossings Parcel 9 Ltd
Warranty Deed
—
Dec 7, 2015
$900,000
Crt Cix LLC
Miramar Crossings Parcel 9 Ltd
Warranty Deed
$6,600,000 · Santander Bk NA
Oct 18, 2013
$250,000
R & L Investments II LLC
Miramar Crossings Parcel 9 L
Warranty Deed
$150,000 · Miramar Crossings Parcel 9 Ltd
Jun 25, 2004
$2,505,000
Miramar Crossings Parcel 9 Ltd
Tate,j K
Grant Deed
—
—
—
Crt Cix LLC
—
Deed Of Trust
related
$13,600,000 · Td Bk 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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