Building Details

Year Built 2003

Listing Agency: CMV Realty LLC Show Phone

Listed By: Gus Martinez · License #B26056408 Show Phone

Source: Lehmannflorida

Added: Sep 17 Changed: Oct 16 Last Checked: Oct 16 at 1:58PM

Report an Issue

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

Ask AI about this property

Review the available facts, identify missing information and prepare questions for the agent.

What should I ask the agent before proceeding? What information is missing from this listing?

Investment Insights

Based on property information with market context.

This warehouse in Coral Springs contains 27,356 square feet and was built in 2003. The property is described as well maintained, with scale that can accommodate storage, distribution, or light manufacturing operations.

Regional access includes I-95, the Sawgrass Expressway, and the Florida Turnpike. Fort Lauderdale, Boca Raton, and Miami are identified as nearby cities.

Key Highlights

• 27,356‑square‑foot warehouse
• Built in 2003
• Access to I‑95, Sawgrass Expressway, and Florida Turnpike

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr

$453,956

Cap Rate

6.03%

Suggested Prices Based on Cap Rates

Cap Rate 5%

$9,079,120 $9.1M

Cap Rate 7%

$6,485,086 $6.5M

Cap Rate 9%

$5,043,956 $5.0M

Is this asking price fair?

Market Conditions

NOI Build-Up for 27,356 SF

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 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 (±1% cap)

NOI $453,956 @ 7.0% cap · market cap 6.03%

Second Best

—

—

no second resolved use

Theoretical Best

Specialty Retail

$46.65M

$40.82M – $54.42M (±1% cap)

NOI $3,265,492 @ 7.0% cap · market cap 43.41%

Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

Unlock full access to Insights Subscribe to Realmo Intelligence

Open Analytics

Current Use

Warehouses

Suggested Use

Top Pick Restaurant Dental Office Real Estate Agency Spa & Massage Center Hair Salon Parking Lot & Garage

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

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 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

6% 2019

6.5% 2020

4% 2021

3.5% 2022

6% 2023

7.6% 2024

7.9% 2025

Similar For Sale Nearby

See more

Flex Space with Dock-High Loading

12481 NW 44th Street, Coral Springs, FL 33065

$1,646,000

5,745 SF

View details

Industrial Warehouse with Mezzanine

4450 NW 126TH NW, Coral Springs, FL

$1,390,000

3,510 SF

View details

Two-Unit Flex Space

3660 NW 126th Avenue 6 7, Coral Springs, FL 33065

$935,750

2,914 SF

View details

Remodeled Flex Space

12075 NW 40th Street Street #5, Coral Springs, FL 33065

Contact for pricing

6,200 SF

View details

Industrial Flex Warehouse Condo

12140 Wiles Road, Coral Springs, FL 33076

$912,000

2,360 SF

View details

Flex Space with Mezzanine

3762 NW 124th Avenue, #205, Coral Springs, FL 33065

$499,000

1,677 SF

View details

Flex Space with Office and Warehouse

6-12134 Wiles Rd, Coral Springs, FL

$347,100

1,558 SF

View details

Office/Warehouse Flex Condo

3760-3788 NW 124th Ave, Coral Springs, FL 33065

Contact for pricing

1,672 SF

View details

Warehouse with Mezzanine

107-4450 Nw 126th Ave, Coral Springs, FL 33071

$1,390,000

View details

Four-Story Medical Office Building

1505 N UNIVERSITY Drive, Coral Springs, FL 33071

$6,700,000

22,925 SF

View details

Coral Springs Multi-Tenant Office Building

7451 Wiles Road, Coral Springs, FL 33067

$5,900,000

24,340 SF

View details

Two-Unit Office Building

3902-3904 NW 126 Avenue, Coral Springs, FL 33065

$3,000,000

View details

Similar Off Market Nearby

• Public Storage — 12123 W Sample Rd, Coral Springs, FL 33065
• Real Time Moving & Storage — 3701 nw 124th ave, coral springs, fl 33065
• NW Storage Units — 3663 NW 124th Ave, Coral Springs, FL 33065
• Life Storage — 3600 NW 124th Ave, Coral Springs, FL 33065
• Trout Warehouses — 3640 NW 118th Ave, Coral Springs, FL 33065

Frequently Asked Questions

What type of property is this?

Warehouse - A 2003-built facility offers substantial space for storage, distribution, or light manufacturing.

Where is this warehouse located?

The property is located at 3950 NW 126TH Avenue 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: 27,356‑square‑foot warehouse; Built in 2003; Access to I‑95, Sawgrass Expressway, and Florida Turnpike