Flex Space with Grade-Level
New
For Sale
Contact for pricing
3700 NW 124th Avenue #139, Coral Springs, FL 33065
Air conditioning and a roll-up loading door support a range of showroom, office, or warehouse configurations.
Property Size1,900 SF
Price / SF$2.21
Days on Market4
Property Features for 3700 NW 124th Avenue #139
General Information
Standard status
Active
Size
1,900 SF
Property subtype
Mixed Use
Zoning
IRD
Warehouse & Industrial
Drive-In Doors
1
Conditioned Warehouse
Yes
Additional Details
Highway Access
Yes
Amenities
fully air-conditioned
grade-level roll-up door
Building Details
Year Built
1986
Listing Agency:
Total R E Consultants Inc
Listed By:
J. Josep D Pelayo · License #3005451
(954) 341-3294
Source:
Lehmannflorida
Added: Oct 18
Changed: Oct 21
Last Checked: Oct 21 at 1:59AM
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.
This 1,900-square-foot flex unit at Coral Springs Commercial Park is fully air-conditioned and includes a grade-level roll-up door. The space is identified for showroom, office, and warehouse use. The building was constructed in 1986, and the property is zoned IRD (Industrial/Research/Development).
The park is near the Sawgrass Expressway and Sample Road, with regional connections across Broward County and to the wider South Florida highway network.
The park is near the Sawgrass Expressway and Sample Road, with regional connections across Broward County and to the wider South Florida highway network.
Key Highlights
- Approximately 1,900 square feet of flex space
- Fully air‑conditioned interior
- Grade‑level roll‑up door
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.
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Property Analytics
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Current Use
Lease Details
1
Drive-in doors
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
967
Businesses Nearby
Balanced
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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Market
Vacancy Rate% for Industrial in South region
Similar Off Market Nearby
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- Door To Door Catering Inc — 7041 W Commercial Blvd, #6d, Tamarac, FL 33319
- JULIANS ON WHEELS — 11570 Wiles Rd, Coral Springs, FL 33076
Frequently Asked Questions
What type of property is this?
Flex space - Air conditioning and a roll-up loading door support a range of showroom, office, or warehouse configurations.
Where is this flex space located?
The property is located at 3700 NW 124th Avenue #139 Coral Springs, FL.
What are key features of this property?
This property features: Approximately 1,900 square feet of flex space; Fully air‑conditioned interior; Grade‑level roll‑up door
