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    Property profile & analytics

    7811 W Sample Rd Coral Springs, FL 33065

    • Grocery and convenience stores
    • 2,387 SF
    • 0.32 lot acres
    For Sale
    View listing
    $2,750,000
    Last Sale
    May 18, 2023
    $1,150,000
    Value Estimations
    Cap Rate Potential
    4.6%
    Grocery and convenience stores
    Location Intelligence
    Property ID
    US18-4052551
    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

    • Grocery and convenience stores

    Property Details for 7811 W Sample Rd

    Year built
    1972
    Construction
    CONCRETE
    Lot size
    0.32 lot acres
    Property size
    2,387 SF
    Zone code
    B-2
    Property type
    Grocery and convenience stores
    APN
    48-41-14-03-0190
    APU
    484114030190

    Description

    This exceptional restaurant opportunity is located at 7811 W Sample Rd, Coral Springs, FL 33065. The property, built in 1972, is a freestanding building situated at the end of a diverse shopping plaza, benefiting from high visibility and convenient access. The asking price is $1,750,000. The building's strategic location on Sample Road ensures significant foot and vehicle traffic. The property's classification as food/restaurant/retail suggests versatility in potential uses. To the east, a gas station provides additional traffic flow without direct competition. This presents a unique chance to acquire a well-positioned restaurant in a thriving Broward County commercial area. The property's single-standing nature offers excellent branding opportunities and independent operational control. The existing structure provides a solid foundation for a successful restaurant venture, allowing for potential renovations or immediate operation. This is an ideal investment for experienced restaurateurs or those seeking a high-traffic location for a new establishment. The property's location within a bustling shopping plaza ensures a steady stream of potential customers. This prime commercial real estate presents a compelling investment opportunity in a desirable Florida location.

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

      Method
      Estimation
      Statistic approach
      $1,360,000
      ML approach
      $1,170,000

    • CAP approach

      CAP Return
      Estimation
      6%
      $1,035,000
      6.5%
      $955,000
      7%
      $890,000

    • Comparable approach

      Method
      Estimation
      Statistic Estimate
      $1,162,000
      Market price range: $535k - $1.34M

    • Alternative Use

      Use
      Estimation
      NEIGHBORHOOD: SHOPPING CENTER
      $1,560,000
      Current use
      AUTO REPAIR, GARAGE
      $1,750,000
      Change: +12% Conversion: Difficult
      COMMERCIAL (GENERAL)
      $1,255,000
      Change: -19% Conversion: Easy

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

    Location Insight

    • Map
    • Local Demand
    City
    Coral Springs
    County
    Broward
    State
    Florida
    Longitude
    -80.2305
    Latitude
    26.2727
    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
    $12,443
    $181,620
    $459,060
    $640,680
    -
    $181,620
    $459,060
    $640,680

    Comparable in this City

    • Value Estimation
      $810,000
      37,252 SF

      11600 Sample Rd

      GROCERY, SUPERMARKET • 37,252 SF
      11600 Sample Rd, Coral Springs, FL 33065-2650
      View Details
    • Value Estimation
      $935,000
      16,277 SF

      11750 Sample Rd

      DRUG STORE, PHARMACY • 16,277 SF
      11750 Sample Rd, Coral Springs, FL 33065-3159
      View Details
    • Value Estimation
      $390,000
      13,348 SF

      10150 Sample Rd, Unit 10178

      RETAIL STORES (PERSONAL SERVICES) • 13,348 SF
      10150 Sample Rd, Coral Springs, FL 33065-3938
      View Details
    • Value Estimation
      $610,000
      34,334 SF

      7485 Sample Rd, Unit 7605

      RETAIL STORES (PERSONAL SERVICES) • 34,334 SF
      7485 Sample Rd, Coral Springs, FL 33065-4754
      View Details
    • Value Estimation
      $320,000
      13,547 SF

      7891 Sample Rd, Unit 8021

      RETAIL STORES (PERSONAL SERVICES) • 13,547 SF
      7891 Sample Rd, Coral Springs, FL 33065-4747
      View Details
    • Value Estimation
      $465,000
      2,800 SF

      3120 University Dr

      FINANCIAL BUILDING • 2,800 SF
      3120 University Dr, Coral Springs, FL 33065-5045
      View Details

    Similar Nearby for Sale

    • $550,000
      1,294 SF

      Coral Springs Turnkey Hair Salon

      Fully built, vacant salon; prime location.
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      Retail Storefront on Sample Road

      Retail or office space available in Coral Springs, Florida.
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    • $1,450,000
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      Coral Springs Mixed-Use Corner Unit

      Combined condo units ideal for warehouse, office, or showroom.
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    • $475,000
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      Turnkey Hair Salon in Coral Springs

      Fully built-out hair salon with prime location and valuable plumbing.
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    • $2,750,000

      Coral Springs Retail/Restaurant Opportunity

      Retail or restaurant space in a diverse Coral Springs plaza.
      7811 W Sample Rd, Coral Springs, FL 33065
      View Details
    • $1,750,000

      Coral Springs Restaurant - $1.75M

      Prime Sample Rd Restaurant, High Traffic Area
      7811 Sample Rd, Coral Springs, FL 33065
      View Details

    Similar Nearby for Lease

    • $24 SF/Yr
      17,900 SF

      Retail Space in Coral Springs

      Retail property for lease in a central Coral Springs location.
      9813 W Sample Rd, Pompano Beach, FL 33065
      View Details
    • $38 SF/Yr
      1,294 SF

      Turnkey Hair Salon - Coral Springs

      Prime Retail Space, Fully Equipped
      3000 University Dr, Coral Springs, FL 33065
      View Details
    • Contact for pricing
      4,500 SF

      Prime Retail Space, Coral Springs

      Highly visible retail space in the heart of Coral Springs.
      3451 N University Dr, Coral Springs, FL 33065
      View Details
    • Contact for pricing
      2,530 SF

      Retail Space in CVS Plaza

      Retail space available in busy Coral Springs shopping center.
      2359-2365 N University Dr, Coral Springs, FL 33065
      View Details
    • $45 SF/Yr
      101,747 SF

      Turnkey Hair Salon in Coral Springs

      Fully built-out hair salon with stations and treatment rooms for lease.
      3000 N University Dr, Coral Springs, FL 33065
      View Details
    • $30 SF/Yr
      27,643 SF

      Retail Strip on Sample Road

      Well-maintained retail strip with high visibility and ample parking.
      8031 W Sample Rd, Coral Springs, FL 33065
      View Details
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    7811 W Sample Rd
    Coral Springs, FL 33065
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    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
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