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Property profile

3651 NW 120Th Ave Coral Springs, FL 33065

FOR SALE
Other warehouses
Property ID
US18-0437490
23,968 SF 2.57 ac lot Built 1979
Last sale May 2019 · $2,800,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 7-yr Hold Held for 7 years. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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Property summary

AI-generated overview

A flex/light industrial building in Coral Springs, Florida located at 3651 NW 120th Avenue within the Coral Springs Corporate Park on a 3-acre site. The property provides divisible warehouse and office configurations ranging from 2,000 to 10,000 square feet, with layouts that may include open warehouse areas, private offices, conference rooms, a full kitchen, and multiple restrooms. Building features include 14-foot ceilings, concrete floor slabs, block construction, and a roof system with both…

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?
$71k
Tax billed · 2023
Assessed value$3.27M
Assessed land$785k
Assessed improvement$2.49M
Effective rate2.15%

Value estimate

· Oct 2026
$3.13M
$2.81M – $3.44M
CAP approach$2.71M
Submarket $/SF estimate$2.64M
NOI build-up
Gross scheduled income$2.04M
Vacancy & credit loss−$88k
Operating expenses−$683k
NOI · 5,768,100.00% cap applied$1.27M

Realmo valuation models over county records and 5 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 comparables5

Cap rate analysis

How does the asset earn?
5,768,100.00%
$1.27M 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
Restaurant49.5
Realty agency49.4
Dental Office39.6

Location

3651 NW 120Th Ave Coral Springs, FL 33065
County assessor Recorded deeds · 6 transfers 5 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
4201 124th, Coral Springs, FL 33065-7608 $6,000,000 Dec 2025 22,800 SF
11711 Sample, Coral Springs, FL 33065-3155 $22,300,000 Jan 2025 97,746 SF
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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