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    Coral Springs Industrial Office/Warehouse Title is generated by Realmo AI

    3650 Coral Rdg Dr 103, Coral Springs, FL 33065

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    For Sale
    $1,395,000

    Modern, fully air-conditioned industrial space in prime Coral Springs location.

    Type:Industrial
    Property size:
    4,335 SF
    Price / SF:
    $321/SF
    Added:
    Mar 31, 2026
    Days on Market:
    61
    Last Refresh:
    Mar 31 at 4:30 am

    Property Features for 3650 Coral Rdg Dr 103

    General Information

    Standard status
    Active
    Size
    4,335 SF
    Property subtype
    Industrial

    Building Details

    Year Built
    1986

    We can help!

    Listing Contact
    Carlos A Montoya
    Carlos A Montoya

    Listing agent Carlos A Montoya License #0623048

    Listing office Fidelity Real Estate Group

    Listing date Mar 31, 2026

    Source Elliman

    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 Fidelity Real Estate Group

    HighLights

    • Prime location on Coral Ridge Drive, a high‑traffic area in Coral Springs.
    • 4,335± square feet of fully air‑conditioned workspace with 18‑foot ceilings.
    • Grade‑level 10x10 roll‑up door for easy access.
    • Six spacious private offices with potential for more.
    • Multiple units available that can be sold separately or together for a total of 13,491 sq ft.
    • Convenient access to Sawgrass Expressway and Turnpike.

    Overview

    Located directly on Coral Ridge Drive in Coral Springs, this two-story light industrial office/warehouse offers 4,335 square feet of fully air-conditioned workspace. The property features 18-foot ceilings and a 10x10 grade-level roll-up door. The interior includes six private offices with the potential to add more, and two bathrooms. Ten assigned parking spaces are provided. Additional adjacent units are available, with three units that can be sold separately or together for a total of 13,491 square feet. Unit 102 is approximately 4,140 square feet, Unit 104 is approximately 5,016 square feet. The property is located minutes from the Sawgrass Expressway and Turnpike. The location has a walk score of 57, indicating it is somewhat walkable, and a bike score of 44, indicating it is somewhat bikeable. The transit score is 17, indicating minimal transit options. The owner is open to rental options and possibly a lease option. The property is intended for light industrial, office, or warehouse use.
    Location Intelligence

    Current Use by Public Records

    Flex space

    Suggested Use

    Real Estate Agency Law Firm Restaurant Spa & Massage Center Dental Office Hair Salon Nail Salon Gym & Fitness Center Daycare Center Building Supply

    Zoning and permitted uses should be independently verified with local authorities.

    Similar Places Nearby

    • DEFANCY — 3257 NW 118th Dr, Coral Springs, FL 33065
    • YupiPops — 12201 NW 35th St, Coral Springs, FL 33065
    • JULIANS ON WHEELS — 11570 Wiles Rd, Coral Springs, FL 33076
    • Door To Door Catering Inc — 7041 W Commercial Blvd, #6d, Tamarac, FL 33319

    Location Insight

    • Map
    • Local Demand
    City
    Coral Springs
    County
    Broward
    State
    Florida
    Longitude
    -80.2831966
    Latitude
    26.2754613

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    FAQs

    What type of property is this?
    Flex space - Modern, fully air-conditioned industrial space in prime Coral Springs location.
    Where is this flex space located?
    The property is located at 3650 Coral Rdg Dr 103 Coral Springs, FL.
    What is the asking price?
    The asking price for this property is $1,395,000.
    What are key features of this property?
    This property features: Prime location on Coral Ridge Drive, a high‑traffic area in Coral Springs.; 4,335± square feet of fully air‑conditioned workspace with **18‑foot ceilings**.; Grade‑level **10x10 roll‑up door** for easy access.
    (954) 234-7653
    We can help!
    Listing Contact
    Carlos A Montoya
    Carlos A Montoya
    Real Estate License ID: 0623048
    Learn More
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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.

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