10950 Wiles Rd Pompano Beach, FL 33076
- Retail space
- 2,859 SF
- 0.81 lot acres
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 Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $795,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $945,000
- 6.5%
- $915,000
- 7%
- $895,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $1,005,000
- Geo Method
- $990,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $725,000
- Retail
- $880,000
- Mixed-Use
- $960,000
- Hospitality
- $860,000
- Educational
- $950,000
- Residential Income
- $835,000
- Energy
- $770,000
- Income-Based Land
- $880,000
- Food Service
- $880,000
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