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Property profile & analytics
OFF-MARKET
Estimated value
$610,000
Office buildings
3928 Coral Rdg Dr 11 Coral Springs, FL 33065-7613
Entity Owned
3-yr Hold
~
Est. High Equity
Property ID
US18-4112729
Property summary
AI-generated overview
This exceptional 2,900 square foot office space in Coral Springs is available for lease at a monthly rate of $1,250. Located at 3928 Coral Ridge Dr #11, this single-tenant property is zoned IRD and features a modern, fully furnished workspace ideal for established businesses. The space is perfect for professionals seeking a productive and collaborative environment. Amenities include a spacious, well-lit office area and convenient access to a conference room, suitable for meetings and presentations. The property is suitable for various professional services, including but not limited to insurance agencies, title companies, and law firms. Applicants must demonstrate a minimum of two years of operational history. The property's APN is 484118BF0110. Please note that real estate or mortgage loan financing is not currently available for this property. This is a unique opportunity to secure a prime location in a thriving Coral Springs business district. Inquire today to schedule a viewing.
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING (MULTI-STORY)
Year built
2007
Construction
CONCRETE
Total area
2,424 SF
Lot
0.06 ac (2,561 SF)
Zoning code
IRD
APN
48-41-18-BF-0110
UPID
US18-4112729
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
$485k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$825k
Blend (final)
Blend
$610k
Owner & transaction history
Hamilton & Associates Real Estate & · 3 yrs held
Hamilton & Associates Real Estate &
since 2022
Last sale
$647,000
3 recorded transactions
Zoning & alternative use
IRD · Coral Springs, FL
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Medical building
$850,000
+16.2%
Retail stores
$845,000
+15.8%
Warehouse, storage
$740,000
+0.9%
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
$430,000
ML approach
$485,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
OFFICE BUILDING
$730,000
Current use
MEDICAL BUILDING
$850,000
Change: +16% · Conversion: Easy
RETAIL STORES
$845,000
Change: +16% · Conversion: Moderate
WAREHOUSE, STORAGE
$740,000
Change: +1% · Conversion: Difficult
Blend value · Realmo final
$610k
Range $549k – $671k · ±10% · vs last sale $647k (Aug 4 2022)
Last sale anchor
$647k
Aug 4 2022
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
$252 / 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
$12,480
Tax year 2023
Assessed value
$550,110
Assessed 2023
Previous assessed
$351,970
+56.3% YoY
Effective rate
2.27%
On assessed value
Assessed land
$55,010
Assessed improvement
$495,100
Land market value
$55,010
Improvement market value
$495,100
Total market value
$550,110
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
Office buildings
Use group
OFFICE BUILDING (MULTI-STORY)
Status
Off-Market
Year built
2007
Construction
CONCRETE
Heating
NONE
Total area
2,424 SF
Lot
0.06 ac (2,561 SF)
Zoning code
IRD
APN
48-41-18-BF-0110
UPID
US18-4112729
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.
Alternative use value scenarios
Repositioning upside vs current use
OFFICE BUILDING Current
Est. value
$730,000
MEDICAL BUILDING
Est. value
$850,000
RETAIL STORES
Est. value
$845,000
WAREHOUSE, STORAGE
Est. value
$740,000
OFFICE BUILDING Current
MEDICAL BUILDING
RETAIL STORES
WAREHOUSE, STORAGE
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Alternative use deep dive
Conversion cost · permit path · stabilized NOI per option
Building & site characteristics
From public records
Year built
2007
Construction
CONCRETE
Heating
NONE
Lot
0.06 ac
Current owner
From public records · entity-resolved
Hamilton & Associates Real Estate &
Entity
Mailing address
3928 CORAL RDG DR #11, CORAL SPRINGS, FL 33065-7613
Ownership since
2022
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
3 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Aug 4, 2022
$647,000
Hamilton & Associates Real Estate &
Reddi Investments LLC
Warranty Deed
$611,000 · Newtek Small Business Finance LLC
Jan 31, 2017
$320,000
Reddi Investments LLC
Mitchell Lawrence INC
Warranty Deed
—
Sep 21, 2007
$527,500
Mitchell Lawrence INC
39th LLC
Warranty Deed
$448,000 · Colonial Bank NA
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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