Industrial Warehouse with
New
For Sale
$1,390,000
4450 NW 126TH NW, Coral Springs, FL
Commercial Sale, Coral Springs, FL
Property Size3,510 SF
Lot Size0.08 Acres
Price / SF$396.01
Days on Market2
Property Features for 4450 NW 126TH NW
General Information
Property type
Commercial Sale
Property subtype
Other
Zoning
IRD
Parking
83
Directions
From Sawgrass Expressway (SR 869), take the Wiles Road exit and head east. Turn north onto NW 126th Avenue. Continue to 4450 NW 126th Avenue; Unit 107 is located within the Corporate Park of Coral Springs.
Subdivision
3625
Standard status
Active
APN
484118an0070
Size
3,510 SF
Lot size
0.08 Acres
Taxes and HOA fees
Tax Year
2025
Tax Description
4450 BUILDING OF CORAL SPRINGS COMMERCIAL CONDO UNIT 107 PER CDO BK/PG: 39047/841
Tax Annual Amount
14333
HOA Fee
$2,008 Monthly
Legal Description
4450 BUILDING OF CORAL SPRINGS COMMERCIAL CONDO UNIT 107 PER CDO BK/PG: 39047/841
Utilities
Utilities
Cable Available
Sewer type
Public Sewer
Cooling system
Zoned
Water source
Public
Amenities
kitchen/break area
Building Details
Year built
2005
Floors in Building
2
Number of units
1
Flooring type
Vinyl, Concrete
Building materials
Block, Concrete
Listing Agency:
LoKation
(954) 545-5583
Listed By:
Stephanie Ferrato · License #3374588
(954) 850-1151
Added: Oct 2
Changed: Oct 3
Last Checked: Oct 3 at 11:06PM
MLS# B26083307
Copyright © 2026 BeachesMLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
This 3,510-square-foot industrial warehouse includes a mezzanine, offices, restrooms, and a kitchen and break area. The building has 21-foot ceilings, three-phase electric service, and a 10' x 12' roll-up door. Construction is block and concrete, with concrete and vinyl flooring. The property was built in 2005 and has zoned cooling, cable availability, public water, and public sewer service. Zoning is Industrial Research & Development (IRD), with manufacturing, distribution, storage, and research and development identified as permitted uses.
The warehouse is in Coral Springs, near the Sawgrass Expressway. It holds an 11.4% share of the building’s 83 parking spaces.
The warehouse is in Coral Springs, near the Sawgrass Expressway. It holds an 11.4% share of the building’s 83 parking spaces.
Key Highlights
- 3,510 square feet with an additional mezzanine
- 21‑foot ceilings and a 10' x 12' roll‑up door
- Three‑phase electric service
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$58,246
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
4.19%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$1,164,920
$1.2M
Cap Rate 7%
$832,086
$832.1K
Cap Rate 9%
$647,178
$647.2K
Market Conditions
NOI Build-Up for 3,510 SF
Vacancy — income lost from leasable area expected to sit empty during the year, subtracted from gross rent.
EGI (Effective Gross Income) — gross rent minus vacancy losses, the realistic income before paying operating costs.
OpEx (Operating Expenses) — recurring costs to operate the property (property tax, insurance, utilities, maintenance, management); excludes financing and capital improvements.
NOI (Net Operating Income) — income a property generates after operating costs but before financing and taxes.
Gross rent
$71.6K $20.40/SF
− Vacancy
−$3.1K −$0.88/SF
EGI
$68.5K $19.52/SF
− OpEx
−$10.3K −$2.93/SF
NOI
$58.2K $16.59/SF
Area
Coral Springs, FL
Vacancy
4.30%
Lease Rate
$20.40 /SF/Yr
Expense Ratio
15.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$1,164,920
Cap Rate 7%
$832,086
Cap Rate 9%
$647,178
Alternative Uses
Best Use
Warehouse
$832.1K
$728.1K – $970.8K
NOI $58,246 @ 7.0% cap · market cap 4.19%
Second Best
—
—
no second resolved use
Theoretical Best
Specialty Retail
$5.99M
$5.24M – $6.98M
NOI $418,990 @ 7.0% cap · market cap 30.14%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Open Analytics
Current Use
Lease Details
21 ft
Clear height
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
539
Businesses Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Industrial in South region
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Frequently Asked Questions
What type of property is this?
Warehouse - IRD zoning supports manufacturing, distribution, storage, and research and development uses.
Where is this warehouse located?
The property is located at 4450 NW 126TH NW Coral Springs, FL.
What is the asking price?
The asking price for this property is $1,390,000.
What are key features of this property?
This property features: 3,510 square feet with an additional mezzanine; 21‑foot ceilings and a 10' x 12' roll‑up door; Three‑phase electric service
