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Property profile

12075 NW 40Th St 5 Coral Springs, FL 33065

FOR SALE
Other warehouses
Property ID
US18-4719373
6,148 SF 0.63 ac lot Built 1980
Last sale Apr 2022 · $1,150,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 4-yr Hold Held for 4 years. Absentee Owner Owner mailing address differs from the property address. Free & Clear No active or open recorded mortgage detected.
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Property summary

AI-generated overview

The property is a remodeled office-warehouse flex unit with a combined office and warehouse configuration, comprising approximately 60% office space and 40% warehouse space. Interior improvements include a mini kitchen and four modern bathrooms. Warehouse access is provided by two roll-up garage doors, each approximately 12 feet by 10 feet, with direct access from the suite to the warehouse portion. The rear area is enclosed with fencing to provide added parking and security. The unit is…

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. Included with a plan.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with a plan.

Debts

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — included with a plan.

Property tax · 2023

What does the county charge?
$24k
Tax billed · 2023
Assessed value$1.11M
Assessed land$193k
Assessed improvement$917k
Effective rate2.17%

Value estimate

· Oct 2026
$1.08M
$968k – $1.18M
AI approach$1.01M
CAP approach$695k
Submarket $/SF estimate$895k
NOI build-up
Gross scheduled income$126k
Vacancy & credit loss−$5k
Operating expenses−$42k
NOI · 1,748.38% cap applied$79k

Realmo valuation models over county records and 30 qualifying comparable sales.

Recently sold

What actually traded nearby?
$305/SF
ZIP average, outlier-cleaned · 58 recorded sales of this use type
Observed band · Q1–Q3$185 – $394
Qualifying comparables30

Cap rate analysis

How does the asset earn?
1,748.38%
$79k estimated NOI · market benchmarks for this use type

Price anchors at 6 / 6.5 / 7% — in the full report.

Zoning insight

What can be built here?
IRD
The Industrial, Research and Development (IRD) District is intended to provide lands for the purpose of business and industry which suppo...
General categoryINDUSTRIAL
JurisdictionBROWARD

Location intelligence

Which uses thrive at this corner?
Best fit: Restaurant
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Restaurant35.0
Realty agency33.4
Dental Office29.7

Location

12075 NW 40Th St, Unit 5 Coral Springs, FL 33065
County assessor Recorded deeds · 2 transfers 30 qualifying comp sales Zoning catalog

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

6 recorded sales · 18 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
3771 126th Ave, Coral Springs, FL 33065-2420 $1,400,000 Nov 2024 4,781 SF
3900 126th, Coral Springs, FL 33065-7642 $2,500,000 Aug 2024 11,208 SF
12481 44th, Coral Springs, FL 33065-7639 $1,350,000 Aug 2024 4,443 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
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