Add Listing
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    11030 Wiles Rd Coral Springs, FL 33076-2103
    Back to Search
    Property profile & analytics

    11030 Wiles Rd, Coral Springs, FL 33076-2103

    View on Map
    • Investment properties
    • 13,449 SF
    • 0.48 lot acres
    Off-Market
    Last Sale Jan 28, 2021
    $1,743,000
    Property ID
    US18-4054511
    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
    $1,670,000
    Show details
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Investment properties

    Property Details for 11030 Wiles Rd

    Year built
    1977
    Construction
    CONCRETE
    Lot size
    0.48 lot acres
    Zone code
    B-3
    Property type
    Investment properties
    Property subtype
    Retail residential properties
    APN
    48-41-17-07-0210
    APU
    484117070210

    Description

    This exceptional investment opportunity presents a 15-unit office building located at 11030 Wiles Road, Coral Springs, Florida, 33076. The property, built in 1977, boasts a strategic location and ample parking. The building's second floor comprises approximately 6800 square feet and currently houses a unique mix of tenants. One section is occupied by a house of worship featuring two sanctuaries, a banquet hall, a green room, and a recording studio. Adjacent to this is a state-of-the-art radio station. The second floor also includes additional office spaces. A private elevator provides convenient access to the second floor. The asking price for this multi-tenant property is $4,500,000. Existing tenants are currently in place within the building on the second floor. The lot size is not specified. This property offers a compelling blend of established income and significant potential for future growth in a highly desirable Coral Springs location. The unique configuration of the second floor presents a rare opportunity for a diverse range of investors and business owners. This is a chance to acquire a well-situated, multi-use commercial property with established tenants and significant square footage.

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

      Method
      Estimation
      Statistic approach
      $1,490,000
      ML approach
      $1,715,000

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

    Location Insight

    • Map
    • Local Demand
    City
    Coral Springs
    County
    Broward
    State
    Florida
    Longitude
    -80.2737
    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
    $4,791
    $257,950
    $1,418,660
    $1,676,610
    -
    $257,950
    $1,418,660
    $1,676,610

    Comparable in this City

    • Value Estimation
      $7,905,000
      21,971 SF

      10750 Wiles Rd, Unit 10806

      STORE/OFFICE (MIXED USE)
      10750 Wiles Rd, Coral Springs, FL 33076-2009
      View Details
    • Value Estimation by Request
      1,381 SF

      has Great Location! Subway Franchise For Sale In Coral Spg

      Restaurants
      has Great Location! Subway Franchise For Sale In Coral Spg, Parkland, FL 33076
      View Details
    • Value Estimation by Request
      459 SF

      9301 Old Clb Rd

      GOLF COURSE
      9301 Old Clb Rd, Parkland, FL 33076
      View Details
    • Value Estimation
      $1,075,000
      13,224 SF

      5771 Coral Rdg Dr, Unit 5791

      RESTAURANT
      5771 Coral Rdg Dr, Coral Springs, FL 33076-3101
      View Details
    • Value Estimation
      $9,970,000
      163,415 SF

      11775 Heron Bay Blvd

      HOTEL
      11775 Heron Bay Blvd, Coral Springs, FL 33076-1941
      View Details
    • Value Estimation by Request
      9.30 Acres

      11801 Heron Bay Blvd

      Restaurants
      11801 Heron Bay Blvd, Coral Springs, FL 33076
      View Details

    Similar Nearby for Sale

    • Contact for pricing

      Professional Office Condo Near Heron

      Class A office condo with executive offices and conference room.
      5850 Coral Ridge Dr, Coral Springs, FL 33076
      View Details
    • Contact for pricing
      6,926 SF

      Coral Springs Office/Warehouse For Sale

      6,926 SF office/warehouse with ramp and drive-in door.
      12438 Wiles Rd, Coral Springs, FL 33076
      View Details
    • Contact for pricing
      816 SF

      Medical Office Condo For Sale

      Medical office condo, 816 SF, first floor unit.
      5850 Coral Ridge Dr, Coral Springs, FL 33076
      View Details
    • Contact for pricing
      2,859 SF

      Corner Lot on Wiles Road

      Commercial land with high visibility and traffic count.
      10950 Wiles Rd, Coral Springs, FL 33076
      View Details

    Similar Nearby for Lease

    • $5,035 /Mo

      Class A Office Condo Rental

      Professional office condo with executive offices and conference room.
      5850 Coral Ridge Dr, Coral Springs, FL 33076
      View Details
    • $6,293 /Mo
      1,425 SF

      Retail Space in Coral Springs

      Prime Coral Springs retail space with high traffic exposure.
      4686 Coral Ridge Dr, Coral Springs, FL 33076
      View Details
    • $7,609 /Mo
      2,200 SF

      Coral Springs Commercial Space Available

      Air-conditioned 2,200 SF space with high ceilings and roll-up doors.
      4650 Coral Ridge Dr, Coral Springs, FL 33076
      View Details
    • $6,293 /Mo

      Retail Space in Coral Springs

      Retail center with high traffic in Northwest Broward community.
      4688 Coral Ridge Dr, Coral Springs, FL 33076
      View Details
    • Contact for pricing

      Coral Springs Office Space Available

      Office space in a vibrant Coral Springs business community.
      5601 Coral Ridge Dr, Coral Springs, FL 33076
      View Details
    • $5,250 /Mo

      Coral Springs Commercial Space Available

      Commercial space for rent at Coral Ridge Drive, Coral Springs.
      4688 Coral Ridge Dr, Coral Springs, FL 33076
      View Details
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    11030 Wiles Rd
    Coral Springs, FL 33076-2103
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Thank You for Inquiry
    11030 Wiles Rd, Coral Springs, FL, 33076
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!