Remodeled Flex
For Sale
Contact for pricing
12075 NW 40th Street Street #5, Coral Springs, FL 33065
The layout combines office and warehouse areas with a mini kitchen and multiple bathrooms.
Property Size2,050 SF
Price / SF$0.73
Days on Market103
Property Features for 12075 NW 40th Street Street #5
General Information
Standard status
Active
Size
2,050 SF
Site & Location
Highway Access
Yes
Fenced Yard
Yes
Additional Details
Drive-In Doors
2
Amenities
mini kitchen
Building Details
Year Built
1980
Building Size
2,050 SF
Listing Agency:
Regency Realty Services
Listed By:
Mohammad Shafiee · License #3159682
(561) 452-5757
Source:
Chenoregroup
Added: Jul 20
Changed: Oct 25
Last Checked: Oct 7 at 5:30PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Regency Realty Services
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Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This flex property, built in 1980 and fully remodeled, combines dedicated office and warehouse areas in a practical business setting. The interior includes a mini kitchen, four bathrooms, and a layout divided between approximately 60% office use and 40% warehouse use. Two roll-up garage doors, each approximately 12' x 10', support movement between the warehouse and exterior areas.
A fenced rear area provides parking and added separation for the property. The site offers access to Sawgrass and the Turnpike, supporting connections to major roads in the surrounding Coral Springs area.
A fenced rear area provides parking and added separation for the property. The site offers access to Sawgrass and the Turnpike, supporting connections to major roads in the surrounding Coral Springs area.
Key Highlights
- Fully remodeled flex property built in 1980
- Approximately 60% office and 40% warehouse configuration
- 2 roll‑up garage doors approximately 12' x 10'
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$78,677
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,573,540
$1.6M
Cap Rate 7%
$1,123,957
$1.1M
Cap Rate 9%
$874,189
$874.2K
Market Conditions
NOI Build-Up for 6,200 SF
Gross rent
$126.5K $20.40/SF
− Vacancy
−$5.4K −$0.88/SF
EGI
$121.0K $19.52/SF
− OpEx
−$42.4K −$6.83/SF
NOI
$78.7K $12.69/SF
Area
Coral Springs, FL
Vacancy
4.30%
Lease Rate
$20.40 /SF/Yr
Expense Ratio
35.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,573,540
Cap Rate 7%
$1,123,957
Cap Rate 9%
$874,189
Alternative Uses
Best Use
Office B
$8.33M
$7.29M – $9.72M
NOI $583,150 @ 7.0% cap · market cap 12,958.89%
Second Best
Warehouse
$1.47M
$1.29M – $1.71M
NOI $102,885 @ 7.0% cap · market cap 2,286.33%
Theoretical Best
Specialty Retail
$10.57M
$9.25M – $12.33M
NOI $740,095 @ 7.0% cap · market cap 16,446.56%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
See the owner, sales and loan history
Open Analytics
Current Use
Lease Details
2
Drive-in doors
Yes
Fenced yard
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
3,390
Businesses Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Demographics for 33065, FL
59,668
Population
21,416
Households
2.8
Avg Household Size
36
Median Age
31%
College-Educated
93%
High-School Grad
8.6 sq mi
ZIP Area
6,938
Density / Sq Mi
$70,435
Median Household Income
$36,255
Median Earnings
$1,833
Median Rent
$416,800
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Office in South region
Similar Off Market Nearby
- Country Savoir Faire Inc — Coral Springs, FL 33065
- Parkland Chef Catering — 9890 W Sample Rd, Coral Springs, FL 33065
Frequently Asked Questions
What type of property is this?
Flex space - The layout combines office and warehouse areas with a mini kitchen and multiple bathrooms.
Where is this flex space located?
The property is located at 12075 NW 40th Street Street #5 Coral Springs, FL.
What are key features of this property?
This property features: Fully remodeled flex property built in 1980; Approximately 60% office and 40% warehouse configuration; 2 roll‑up garage doors approximately 12' x 10'
