Sign Up Successful!
You now have access to more from Realmo!
Property Lookup
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings
    Property profile & analytics

    3737 Pne Is Rd Sunrise, FL 33351-6528

    • Medical offices
    • 7,240 SF
    • 1.38 lot acres
    OFF-MARKET
    Last Sale
    Jun 19, 2020
    $3,147,500
    Value Estimations
    $5,070,000
    Show details
    Cap Rate Potential
    Location Intelligence
    Property ID
    US18-4169088
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • park summitt / Housing Complex
    • Bobak Afzali Koohian, MD / Anesthesiologist
    • Dr. Katarzyna Zalewski, MD / Anesthesiologist
    • Baptist Eye Surgery Center | Sunrise / Surgical Center
    • KEITH ANDREW SKOLNICK / Ophthalmologist / Health Care Facility

    Property Details for 3737 Pne Is Rd

    Year built
    1992
    Construction
    CONCRETE
    Lot size
    1.38 lot acres
    Property size
    7,240 SF
    Zone code
    B-4
    Property type
    Medical offices
    Property subtype
    Medical centers
    APN
    49-41-20-42-0010
    APU
    494120420010

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

      Method
      Estimation
      Statistic approach
      $5,070,000
      ML approach
      $5,090,000

    • Alternative Use

      Use
      Estimation
      MEDICAL BUILDING
      $3,375,000
      Current use
      RESTAURANT
      $6,185,000
      Change: +83% Conversion: Difficult
      AUTO REPAIR, GARAGE
      $5,870,000
      Change: +74% Conversion: Difficult
      NEIGHBORHOOD: SHOPPING CENTER
      $5,450,000
      Change: +61% Conversion: Difficult
      COMMERCIAL (GENERAL)
      $3,750,000
      Change: +11% Conversion: Easy
      INDUSTRIAL (GENERAL)
      $3,400,000
      Change: +1% Conversion: Difficult

    Get a detailed, property-specific valuation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    Sunrise
    County
    Broward
    State
    Florida
    Longitude
    -80.2688
    Latitude
    26.1709
    CBSA code
    33100
    CBSA name
    MIAMI-FORT LAUDERDALE-MIAMI BEACH, FL METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $30,822
    $662,620
    $701,980
    $1,364,600
    -
    $662,620
    $701,980
    $1,364,600

    Comparable in this City

    • Value Estimation
      $5,585,000
      17,903 SF

      8391 Oakland Park Blvd, Unit 8399

      MEDICAL BUILDING • 17,903 SF
      8391 Oakland Park Blvd, Sunrise, FL 33351-7307
      View Details
    • Value Estimation
      $510,000
      4,109 SF

      9200 44th St

      MEDICAL BUILDING • 4,109 SF
      9200 44th St, Sunrise, FL 33351-5263
      View Details
    • Value Estimation
      $515,000
      4,964 SF

      3501-3505 84th Ave

      MEDICAL BUILDING • 4,964 SF
      3501-3505 84th Ave, Sunrise, FL 33351
      View Details
    • Value Estimation
      $7,100,000
      17,721 SF

      3540 Pne Is Rd

      MEDICAL BUILDING • 17,721 SF
      3540 Pne Is Rd, Sunrise, FL 33351-6637
      View Details
    • Value Estimation by Request
      28,798 SF

      8991-8399 Oakland Park Blvd

      Medical offices • 28,798 SF
      8991-8399 Oakland Park Blvd, Sunrise, FL 33351
      View Details
    • Value Estimation by Request

      4141 88Th Ave

      Office space
      4141 88Th Ave, Sunrise, FL 33351
      View Details

    Similar Nearby for Sale

    • $1,100,000
      3,244 SF

      TransCapitol Medical Office Building

      Sunrise, FL Medical Office Investment
      8870 Oakland Park Blvd, Sunrise, FL 33351
      View Details
    • $1,490,000

      Assisted Living Facility For Sale

      Free-standing assisted living facility with parking, zoned for 14 beds.
      3621 NW 90Th Ter, Sunrise, FL 33351
      View Details
    • $489,000
      4.35 Acres

      Fort Lauderdale Office/Medical Space

      Two-story corner unit suitable for medical or professional use.
      7800 W Oakland Park Blvd, Fort Lauderdale, FL 33351
      View Details
    • $734,000
      4.35 Acres

      Fort Lauderdale Office/Medical Space

      Semi-freestanding building suitable for medical or professional use.
      7800 W Oakland Park Blvd, Fort Lauderdale, FL 33351
      View Details
    • $245,000
      4.35 Acres

      Sunrise, FL Office/Medical Space

      First floor corner unit suitable for office or medical use.
      7800 W Oakland Park Blvd, Fort Lauderdale, FL 33351
      View Details
    • Contact for pricing

      Versatile Office Suite For Sale

      Office suite ideal for medical, dental, or beauty salon.
      3801 N University Dr, Fort Lauderdale, FL 33351
      View Details

    Similar Nearby for Lease

    • $15 SF/Yr
      96,701 SF

      Atrium West Office Space

      Sunrise, FL Office Building - Flexible Suites
      7771 Oakland Park Blvd, Sunrise, FL 33351
      View Details
    • $1.19 SF/Yr
      42,554 SF

      Oakland Park Blvd Office Space

      2600 SF Office, Great Location
      8322 Oakland Park Blvd, Sunrise, FL 33351
      View Details
    • Contact for pricing

      Lauderhill Two-Story Office Building

      Two-story office building with signage available for rent.
      4300 N University Dr, Fort Lauderdale, FL 33351
      View Details
    • $11,800 /Mo
      115,883 SF

      Sunrise Flex Space with Dock

      Office/warehouse with dock-high door, roll-up door, and courtyard.
      10400 NW 55Th St, Fort Lauderdale, FL 33351
      View Details
    • Contact for pricing

      University Drive Office Suite

      Prime Office Space, Great Location!
      4925 University Dr, Lauderhill, FL 33351
      View Details
    • Contact for pricing

      Oakland Park Blvd Office Condo

      Prime Office Space For Lease/Purchase
      7800 Oakland Park Blvd, Sunrise, FL 33351
      View Details
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    3737 Pne Is Rd
    Sunrise, FL 33351-6528
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.