Flex Space with Dock-High
New
For Sale
$1,646,000
12481 NW 44th Street, Coral Springs, FL 33065
Commercial Sale, Coral Springs, FL
Property Size5,745 SF
Lot Size0.13 Acres
Price / SF$286.51
Days on Market4
Property Features for 12481 NW 44th Street
General Information
Property type
Commercial Sale
Property subtype
Other
Zoning
IRD
Parking
12
Security features
Security
Directions
From Sawgrass Expressway (FL-869), exit at Coral Ridge Drive and head north. Turn onto NW 44th Street and continue east to 12481 NW 44th St. The property is located within Coral Springs Corporate Center.
Subdivision
3625
Standard status
Active
APN
484118ba0080
Size
5,745 SF
Lot size
0.13 Acres
Taxes and HOA fees
Tax Year
2025
Tax Description
CORAL SPRINGS CORPORATE CENTER COMMERCIAL CONDO BAY 8 PER CDO BK/PG: 41425/820
Tax Annual Amount
26348
HOA Fee
$1,600 Monthly
Legal Description
CORAL SPRINGS CORPORATE CENTER COMMERCIAL CONDO BAY 8 PER CDO BK/PG: 41425/820
Utilities
Utilities
Cable Available
Sewer type
Public Sewer
Heating system
Central, Electric (Heating)
Cooling system
Electric, Central Air
Water source
Public
Amenities
security camera system
Building Details
Year built
2006
Floors in Building
2
Number of units
1
Building materials
Concrete
Roof type
Concrete
Listing Agency:
LoKation
(954) 545-5583
Listed By:
Stephanie Ferrato · License #3374588
(954) 850-1151
Added: Oct 9
Changed: Oct 10
Last Checked: Oct 12 at 12:06AM
MLS# B26086302
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 flex property combines office accommodation and warehouse space, with a mezzanine adding further interior area. Loading is available at dock height and grade level. The building has 21 feet of clear height, a sprinkler system, impact- and hurricane-resistant glazing, and concrete construction. Improvements include new interior paint, office wallpaper, and a recently added security camera system. Built in 2006, the property occupies 0.13 acres and carries IRD zoning.
The Coral Springs property is near the Sawgrass Expressway and other major highways, connecting it with destinations across South Florida. Public water and sewer are available, and cable service is listed as available.
The Coral Springs property is near the Sawgrass Expressway and other major highways, connecting it with destinations across South Florida. Public water and sewer are available, and cable service is listed as available.
Key Highlights
- 21 feet of clear height
- Dock‑high and grade‑level loading
- Sprinkler system and impact- and hurricane‑resistant glass
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$95,335
Cap Rate
5.79%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,906,700
$1.9M
Cap Rate 7%
$1,361,929
$1.4M
Cap Rate 9%
$1,059,278
$1.1M
Market Conditions
NOI Build-Up for 5,745 SF
Gross rent
$117.2K $20.40/SF
− Vacancy
−$5.0K −$0.88/SF
EGI
$112.2K $19.52/SF
− OpEx
−$16.8K −$2.93/SF
NOI
$95.3K $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 Rate 5%
$1,906,700
Cap Rate 7%
$1,361,929
Cap Rate 9%
$1,059,278
Alternative Uses
Best Use
Warehouse
$1.36M
$1.19M – $1.59M
NOI $95,335 @ 7.0% cap · market cap 5.79%
Second Best
Industrial
$1.12M
$981.4K – $1.31M
NOI $78,511 @ 7.0% cap · market cap 4.77%
Theoretical Best
Specialty Retail
$9.80M
$8.57M – $11.43M
NOI $685,782 @ 7.0% cap · market cap 41.66%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Current Use
Lease Details
21 ft
Clear height
Yes
Sprinkler system
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
717
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
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Industrial in South region
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Frequently Asked Questions
What type of property is this?
Flex space - Office and warehouse areas share a flexible commercial layout with IRD zoning.
Where is this flex space located?
The property is located at 12481 NW 44th Street Coral Springs, FL.
What is the asking price?
The asking price for this property is $1,646,000.
What are key features of this property?
This property features: 21 feet of clear height; Dock‑high and grade‑level loading; Sprinkler system and impact- and hurricane‑resistant glass
