Warehouse with Highway
New
For Sale
$7,522,900
3950 NW 126TH Ave, Coral Springs, FL 33076
Built in 2003 with convenient connections to I-95, Sawgrass Expressway, and Florida’s Turnpike.
Property Size27,356 SF
Days on Market5
Property Features for 3950 NW 126TH Ave
General Information
Standard status
Active
Size
27,356 SF
Property subtype
Industrial
Additional Details
Highway Access
Yes
Taxes and HOA fees
Annual Taxes
$94,723
Building Details
Building Size
27,356 SF
Year Built
2003
Stories
1
Listing Agency:
CMV Realty LLC
Listed By:
Gus Martinez · License #B26056408
(954) 394-7078
Source:
Elliman
Added: Sep 18
Last Checked: Sep 22 at 4:42PM
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 CMV Realty LLC
Investment Insights
Based on property information with market context.
This warehouse property at 3950 NW 126TH Ave in Coral Springs, Florida, was built in 2003. The asset is positioned for storage, distribution, or light manufacturing uses, providing a flexible industrial setting for business operations.
Regional connectivity includes access to I-95, Sawgrass Expressway, and Florida’s Turnpike. The property is also described as being within minutes of Fort Lauderdale, Boca Raton, and Miami. WalkScore is 50, indicating a somewhat walkable setting, while BikeScore is 51 and TransitScore is 31.
Regional connectivity includes access to I-95, Sawgrass Expressway, and Florida’s Turnpike. The property is also described as being within minutes of Fort Lauderdale, Boca Raton, and Miami. WalkScore is 50, indicating a somewhat walkable setting, while BikeScore is 51 and TransitScore is 31.
Key Highlights
- Warehouse property built in 2003
- Access to I‑95, Sawgrass Expressway, and Florida’s Turnpike
- Located at 3950 NW 126TH Ave, Coral Springs, FL 33076
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$453,956
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
6.03%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$9,079,120
$9.1M
Cap Rate 7%
$6,485,086
$6.5M
Cap Rate 9%
$5,043,956
$5.0M
Market Conditions
NOI Build-Up for 27,356 SF
Vacancy — income lost from leasable area expected to sit empty during the year, subtracted from gross rent.
EGI (Effective Gross Income) — gross rent minus vacancy losses, the realistic income before paying operating costs.
OpEx (Operating Expenses) — recurring costs to operate the property (property tax, insurance, utilities, maintenance, management); excludes financing and capital improvements.
NOI (Net Operating Income) — income a property generates after operating costs but before financing and taxes.
Gross rent
$558.1K $20.40/SF
− Vacancy
−$24.0K −$0.88/SF
EGI
$534.1K $19.52/SF
− OpEx
−$80.1K −$2.93/SF
NOI
$454.0K $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 rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$9,079,120
Cap Rate 7%
$6,485,086
Cap Rate 9%
$5,043,956
Alternative Uses
Best Use
Warehouse
$6.49M
$5.67M – $7.57M
NOI $453,956 @ 7.0% cap · market cap 6.03%
Second Best
Industrial
$5.34M
$4.67M – $6.23M
NOI $373,846 @ 7.0% cap · market cap 4.97%
Theoretical Best
Specialty Retail
$46.65M
$40.82M – $54.42M
NOI $3,265,492 @ 7.0% cap · market cap 43.41%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Open Analytics
Current Use
Lease Details
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
929
Businesses Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Demographics for 33076, FL
41,826
Population
13,999
Households
3
Avg Household Size
40
Median Age
61%
College-Educated
98%
High-School Grad
10.8 sq mi
ZIP Area
3,873
Density / Sq Mi
$174,560
Median Household Income
$76,035
Median Earnings
$3,243
Median Rent
$745,400
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Industrial in South region
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Frequently Asked Questions
What type of property is this?
Warehouse - Built in 2003 with convenient connections to I-95, Sawgrass Expressway, and Florida’s Turnpike.
Where is this warehouse located?
The property is located at 3950 NW 126TH Ave Coral Springs, FL.
What is the asking price?
The asking price for this property is $7,522,900.
What are key features of this property?
This property features: Warehouse property built in 2003; Access to I‑95, Sawgrass Expressway, and Florida’s Turnpike; Located at 3950 NW 126TH Ave, Coral Springs, FL 33076
