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11312 Wiles Rd Coral Springs, FL 33076-2113

OFF-MARKET Distribution centers Google Maps
768 SF 0.02 ac lot Built 1986
Entity Owned Absentee Owner ~ Est. High Equity
Estimated value (blended)
$245k
Range $221k – $270k (±10%)
Property ID US18-0767221

Property summary

AI-generated overview

This exceptional 768-square-foot retail condo unit is available for lease at the prestigious Wiles Business Center, situated on the border of Coral Springs and Parkland, Florida. Located at 11312 Wiles Rd #11312, Coral Springs, FL 33076, this single-tenant space boasts a prime location with excellent visibility and accessibility from Wiles Road. The property is zoned B-3 (General Business District), ensuring a wide range of permitted uses. The unit features ample parking for customers and employees. Inside, you'll find a spacious open workspace ideal for retail operations, complemented by a dedicated office area and one restroom. Currently occupied by a piano lesson academy, the space will become available for lease in November 2024. The property is also available for purchase. This location offers unparalleled convenience, with easy access to major roadways including The Sawgrass Expressway, Florida's Turnpike, and I-95. The Wiles Business Center is anchored by Sherwin Williams, further enhancing its desirability and attracting significant foot traffic. This is a rare opportunity to establish your business in a thriving commercial area.

Property profile

Verified
Property type Distribution centers
Use group DISTRIBUTION WAREHOUSE
Year built 1986
Construction CONCRETE
Total area 768 SF
Lot 0.02 ac (750 SF)
Zoning code B-3
APN 48-41-17-CB-0030
UPID US18-0767221

Cap rate & NOI

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

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$245k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$245k

Owner & transaction history

since 2025
4 recorded transactions
2025
$250,000
2013
$100,000
2009
Price N/A
2009
$120,000

Zoning & alternative use

B-3 · Coral Springs, FL
Zoning description

The General Business (B-3) District is intended to apply primarily to provide locations for planned commercial centers, sharing a common identity, parking and other support facilities developed according to an overall de…

General category MIXED_USE

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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