Property profile

4326 120th Ave Coral Springs, FL 33065

OFF-MARKET
Distribution centers
Property ID
US18-4189640
1,920 SF 0.05 ac lot Built 2007
Entity Owned 2-yr Hold Absentee Owner Free & Clear
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Property summary

AI-generated overview

This 2,030-square-foot light industrial warehouse/flex space is available for lease in the desirable Coral Springs submarket of Fort Lauderdale. Built in 2007, the single-tenant property features 1,700+ square feet of warehouse space and 320+ square feet of finished office/showroom space, including a private restroom (easily reconfigurable). The warehouse boasts 18-foot clear ceilings and an oversized 16-foot overhead roll-up door. The building is constructed of concrete, including the roof and interior dividing walls, and includes hurricane impact doors and windows. The property also offers 150-amp, three-phase electrical service, emergency lighting, and ample parking. The monthly rent, inclusive of common area maintenance (CAM), is $4,229 (plus sales tax and utilities). This property's strategic location provides easy access to major transportation arteries, including the Sawgrass Expressway (one mile away), the Florida Turnpike, I-95, 595, and I-75, making it ideal for distribution, contracting, storage, or other light industrial uses. The property is zoned IRD and has an APN of 484118bh0120. Immediate occupancy is available.

Property profile

Verified
Property type Distribution centers
Use group DISTRIBUTION WAREHOUSE
Year built 2007
Construction CONCRETE
Total area 1,920 SF
Lot 0.05 ac (2,034 SF)
Zoning code IRD
APN 48-41-18-BH-0120
UPID US18-4189640

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • General Contractor

Location

4326 120th Ave Coral Springs, FL 33065-7610
Coral Springs metro Census 20326 MIAMI-FORT LAUDERDALE-MIAMI BEACH, FL METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

since 2023
Last sale
$1.2M
2 recorded transactions
2023
$16.3M
2011
$4.4M

Zoning & alternative use

IRD · Coral Springs, FL
Zoning description

The Industrial, Research and Development (IRD) District is intended to provide lands for the purpose of business and industry which support the economic base of the city and contribute to its economic growth and self-suf…

General category INDUSTRIAL

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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