Flex Space with Grade-Level
New
For Sale
Contact for pricing
139-3700 Nw 124th Ave, Coral Springs, FL 33071
Air conditioning and a roll-up loading door support showroom, office, or warehouse operations.
Property Size1,900 SF
Price / SF$2.21
Days on Market7
Property Features for 139-3700 Nw 124th Ave
General Information
Standard status
Active
Size
1,900 SF
Zoning
IRD
Site & Location
Neighborhood
Venetian Isles
Highway Access
Yes
Road Access
Yes
Warehouse & Industrial
Drive-In Doors
1
Conditioned Warehouse
Yes
Additional Details
Property Use
Flex Space
Taxes and HOA fees
Annual Taxes
$145,347
Amenities
fully air-conditioned
grade-level roll-up door
Building Details
Tenancy
Multi
Listing Agency:
Total R E Consultants Inc
Listed By:
J. Josep Pelayo · License #A11997717
(954) 341-3294
Source:
Exprealty
Added: Oct 19
Changed: Oct 25
Last Checked: Oct 25 at 2:50AM
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 Total R E Consultants Inc
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Investment Insights
Based on property information with market context.
Located in Coral Springs Commercial Park, this approximately 1,900-square-foot flex space is fully air-conditioned and has a grade-level roll-up door. The layout is described as suitable for showroom, office, or warehouse operations, offering several potential commercial configurations within one space.
The property is zoned IRD (Industrial/Research/Development) and sits in a multi-tenant industrial and business park. The park is just off the Sawgrass Expressway at Sample Road, with regional access across Broward County and connections to South Florida’s broader highway network.
The property is zoned IRD (Industrial/Research/Development) and sits in a multi-tenant industrial and business park. The park is just off the Sawgrass Expressway at Sample Road, with regional access across Broward County and connections to South Florida’s broader highway network.
Key Highlights
- Approximately 1,900± SQFT of flex space
- Fully air‑conditioned
- Grade‑level roll‑up door for loading and access
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$24,111
Suggested Prices Based on Cap Rates
Cap Rate 5%
$482,220
$482.2K
Cap Rate 7%
$344,443
$344.4K
Cap Rate 9%
$267,900
$267.9K
Market Conditions
NOI Build-Up for 1,900 SF
Gross rent
$38.8K $20.40/SF
− Vacancy
−$1.7K −$0.88/SF
EGI
$37.1K $19.52/SF
− OpEx
−$13.0K −$6.83/SF
NOI
$24.1K $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%
$482,220
Cap Rate 7%
$344,443
Cap Rate 9%
$267,900
Alternative Uses
Best Use
Retail
$3.02M
$2.65M – $3.53M
NOI $211,683 @ 7.0% cap · market cap 5,040.07%
Second Best
Warehouse
$450.4K
$394.1K – $525.5K
NOI $31,529 @ 7.0% cap · market cap 750.69%
Theoretical Best
Specialty Retail
$3.24M
$2.84M – $3.78M
NOI $226,803 @ 7.0% cap · market cap 5,400.07%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Current Use
Lease Details
1
Drive-in doors
Multi-tenant
Tenancy
Yes
Highway access
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
177
Businesses Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Demographics for 33071, FL
40,026
Population
14,184
Households
2.8
Avg Household Size
40
Median Age
43%
College-Educated
95%
High-School Grad
7.5 sq mi
ZIP Area
5,337
Density / Sq Mi
$100,279
Median Household Income
$50,090
Median Earnings
$2,092
Median Rent
$537,100
Median Home Value
Market
Vacancy Rate% for Industrial in South region
Frequently Asked Questions
What type of property is this?
Flex space - Air conditioning and a roll-up loading door support showroom, office, or warehouse operations.
Where is this flex space located?
The property is located at 139-3700 Nw 124th Ave Coral Springs, FL.
What are key features of this property?
This property features: Approximately 1,900± SQFT of flex space; Fully air‑conditioned; Grade‑level roll‑up door for loading and access
