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Property profile & analytics
OFF-MARKET
Estimated value
$945,000
Warehouses
12341 35th St 12351 Coral Springs, FL 33065-2401
Entity Owned
10-yr Hold
~
Est. High Equity
Property ID
US18-2015180
Property profile
Verified
Property type
Warehouses
Use group
WAREHOUSE, STORAGE
Year built
2008
Construction
CONCRETE
Total area
9,629 SF
Lot
0.93 ac (40,518 SF)
Zoning code
IRD
APN
48-41-18-02-0320
UPID
US18-2015180
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$1.09M
Comparable Approach
Comparable
$1.23M
Blend (final)
Blend
$945k
Owner & transaction history
Florida Commercial Estates LLC · 10 yrs held
Florida Commercial Estates LLC
since 2016
7 recorded transactions
Zoning & alternative use
IRD · Coral Springs, FL
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Cap rate
Implied · in-place · derived from last sale + estimated NOI
Implied Cap rate
#1
Implied · in-place · NOI ÷ last sale
In-place · derived from last sale + estimated NOI
Cap rate, NOI & submarket benchmark
Implied cap rate vs Coral Springs submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Coral Springs submarket · NOI estimate · typical band, median & reading
Refine your cap rate
8-question underwriting flow
1.
Property current status — Going-In vs Stabilized
2.
Price for denominator — asking / offer / market
3.
Leasing status & lease structure (NNN / Gross)
4.
Tenant risk profile & vacancy assumption
5.
Upload T12 / rent roll / OM (optional)
Refine in 60 seconds, get exact suggested price
T12 upload · Submarket benchmarks · Sensitivity grid
Suggested price · 3 cap rate anchors
Income approach @ 5% / 7% / 9% — aggressive / typical / conservative
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · Implied $/SF per anchor · Sensitivity grid
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · implied $/SF · sensitivity
Value
AI, CAP & Alternative Use estimations · Realmo proprietary blendValue Estimations
Based on Realmo’s proprietary methodology
AI Approach
Method
Estimation
Statistic approach
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
$1,180,000
6.5%
$1,090,000
7%
$1,010,000
Blend value · Realmo final
$945k
Range $851k – $1.04M · ±10%
Realmo estimate · informational only.
These numbers are calculated by our models from public records and may not reflect actual market value.
Not an appraisal.
Verify with a licensed appraiser before transacting. Realmo accepts no liability for divergence from real-world outcomes.
View the full estimation — every method, every assumption
Confidence drivers & risk notes · Custom comparable set · Free for first 3 / day
Full estimation methodology
Every method · every assumption · confidence drivers
Price per SF
Sale + rent benchmarks
Subject property
$98 / SF
Submarket sale & rent benchmarks
Median sale $/SF · Asking & closed rent · Submarket vacancy
Submarket sale & rent benchmarks
Median sale $/SF · asking & closed rent · submarket vacancy
Property tax & assessments
Tax year 2023Property tax & assessments
Tax year 2023
Tax billed
$31,661
Tax year 2023
Assessed value
$1,529,660
Assessed 2023
Previous assessed
$1,319,460
+15.9% YoY
Effective rate
2.07%
On assessed value
Assessed land
$283,630
Assessed improvement
$1,246,030
Land market value
$283,630
Improvement market value
$1,246,030
Total market value
$1,529,660
Applied tax rate
2,812.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Warehouses
Use group
WAREHOUSE, STORAGE
Status
Off-Market
Year built
2008
Construction
CONCRETE
Heating
NONE
Stories
2
Total area
9,629 SF
Lot
0.93 ac (40,518 SF)
Zoning code
IRD
APN
48-41-18-02-0320
UPID
US18-2015180
Jurisdiction
BROWARD
Metro division
FORT LAUDERDALE-POMPANO BEACH-DEERFIELD BEACH, FL METROPOLITAN DIVISION
Zoning & alternative use
IRD · Coral Springs, FL
Zoning IRD · permitted uses
IRD · Coral Springs, FL
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Coral Springs. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
2008
Construction
CONCRETE
Heating
NONE
Stories
2
Lot
0.93 ac
Current owner
From public records · entity-resolved
Florida Commercial Estates LLC
Entity
Mailing address
12341 NW 35TH ST, CORAL SPRINGS, FL 33065-2401
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2016
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
8 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Mar 4, 2026
—
Florida Commercial Estates LLC
—
Deed
related
$800,000 · City National Bank Of Florida
Jul 6, 2016
$900,000
Florida Commercial Estates LLC
Coral Springs Warehouse INC
Warranty Deed
$720,000 · Jp Morgan Chase Bk
Jan 13, 2011
$680,000
Coral Springs Warehouses INC
Euroholdings INC
Warranty Deed
—
Apr 2, 2010
—
Euroholdings INC
Eurobank
Quit Claim Deed
—
Feb 2, 2010
—
Eurobank
Concrete Intl INC Coc
Trustees Deed
related
—
May 8, 2007
—
Alpha Business Center LLC
Longhini,william D & Dorine
Quit Claim Deed
related
—
May 8, 2007
$600,000
Concrete International INC
Alpha Business Center LLC
Warranty Deed
$1,256,250 · Eurobank
Apr 6, 2006
$275,000
Alpha Business Center LLC
Coral Springs Commerical Plz C
Warranty Deed
$1,134,000 · First Southern Bank
Coming soon
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Coming soon
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
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