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    10950 Wiles Rd Coral Springs, FL 33076-2005

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    10950 Wiles Rd Coral Springs, FL 33076-2005


    • Retail space
    • 2,859 SF
    • 0.81 lot acres
    Off-Market
    Last Sale May 24, 2022
    $950,000
    Property ID
    US18-0157937
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Value Estimations
    $975,000
    Show details
    Cap Rate Potential
    8.7%
    Retail space
    Location Intelligence

    Current Use by Public Records

    • Retail space

    Property Details for 10950 Wiles Rd

    Year built
    1964
    Construction
    CONCRETE
    Lot size
    0.81 lot acres
    Property size
    2,859 SF
    Zone code
    B-3
    Property type
    Retail space
    APN
    48-41-17-07-0190
    APU
    484117070190

    Description

    This exceptional 30,000 square foot office building, situated on a corner lot in Coral Springs, Florida, presents a unique investment opportunity. Built in 1965, the single-unit property boasts unparalleled visibility and accessibility. Located at 10950 Wiles Road, zip code 33076, this strategically positioned building benefits from high daily traffic counts, with an estimated 50,000 cars passing by daily on Wiles Road. The property's corner location provides excellent exposure from both eastbound and westbound lanes, ensuring maximum brand visibility. Convenient access is provided via both 110 Avenue and Wiles Road, offering easy ingress and egress for employees and clients. The asking price for this substantial office space is $2,690,000. While the lot size is not specified, the building's prominent location and significant square footage make it an ideal investment for businesses seeking a high-profile presence in a thriving Coral Springs commercial district. This is a rare opportunity to acquire a well-situated, sizable office building in a high-traffic area of Broward County. The property's substantial size and prime location offer significant potential for growth and return on investment.


    Value Estimations

    based on Realmo’s proprietary methodology
    • AI approach

      Method
      Estimation
      Statistic approach
      $795,000
      ML approach
      $630,000
    • CAP approach

      CAP Return
      Estimation
      6%
      $1,160,000
      6.5%
      $1,070,000
      7%
      $990,000
    • Comparable approach

      Method
      Estimation
      Statistic Estimate
      $1,098,000
      Market price range: $573k - $1.37M
    • Alternative Use

      Use
      Estimation
      RETAIL STORES
      $855,000
      Current use
      COMMERCIAL (GENERAL)
      $1,505,000
      Change: +77% Conversion: Easy
      WAREHOUSE, STORAGE
      $1,230,000
      Change: +44% Conversion: Difficult
      OFFICE BUILDING
      $1,135,000
      Change: +33% Conversion: Easy
      MEDICAL BUILDING
      $1,005,000
      Change: +18% Conversion: Difficult

    Get a detailed, property-specific estimation — fast and free


    Location Insight

    • Map
    • Local Demand
    City
    Coral Springs
    County
    Broward
    State
    Florida
    Longitude
    -80.2726
    Latitude
    26.2868
    CBSA code
    33100
    CBSA name
    MIAMI-FORT LAUDERDALE-MIAMI BEACH, FL METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $18,095
    $433,810
    $351,670
    $785,480
    -
    $433,810
    $351,670
    $785,480
    More about this property
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