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Property profile & analytics
OFF-MARKET
Estimated value
$1,235,000
Manufacturing properties
3950 120th Ave Coral Springs, FL 33065-7631
Entity Owned
13-yr Hold
~
Est. High Equity
Property ID
US18-5441901
Property summary
AI-generated overview
This exceptional 15,310-square-foot Class A freestanding flex building is immediately available for lease. The property boasts a climate-controlled environment, ideal for various industrial and storage needs. The warehouse space features a substantial 5,177 square feet of air-conditioned office space, perfectly suited for administrative functions. A steel mezzanine provides additional storage or workspace. High ceilings, measuring 20 feet, maximize vertical space utilization. Modern amenities include energy-efficient LED lighting, advanced security cameras, and a secure access control system. The building is equipped with heavy 3-phase power, ensuring sufficient capacity for demanding operations. Convenient access is provided by two grade-level drive-in doors and one dock-high door, facilitating efficient loading and unloading. A privately fenced yard offers ample outdoor storage or maneuvering space. This property represents a rare opportunity to secure a high-quality, well-appointed warehouse in a desirable location. Its combination of climate control, modern features, and flexible space makes it an ideal solution for a wide range of businesses. Contact us today to schedule a viewing and explore the possibilities.
Property profile
Verified
Property type
Manufacturing properties
Use group
MANUFACTURING (LIGHT)
Year built
1998
Construction
CONCRETE
Total area
9,766 SF
Lot
1.23 ac (53,659 SF)
Zoning code
IRD
APN
48-41-18-03-0100
UPID
US18-5441901
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
by Request
Comparable Approach
Comparable
$1.28M
Blend (final)
Blend
$1.24M
Owner & transaction history
Nav Properties Corp · 13 yrs held
Nav Properties Corp
since 2013
5 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%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$1.24M
Range $1.11M – $1.36M · ±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
$126 / 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
$40,437
Tax year 2023
Assessed value
$1,889,660
Assessed 2023
Previous assessed
$1,889,660
+0.0% YoY
Effective rate
2.14%
On assessed value
Assessed land
$375,610
Assessed improvement
$1,514,050
Land market value
$375,610
Improvement market value
$1,514,050
Total market value
$1,889,660
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
Manufacturing properties
Use group
MANUFACTURING (LIGHT)
Status
Off-Market
Year built
1998
Construction
CONCRETE
Heating
NONE
Buildings
2
Stories
1
Total area
9,766 SF
Lot
1.23 ac (53,659 SF)
Zoning code
IRD
APN
48-41-18-03-0100
UPID
US18-5441901
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
1998
Construction
CONCRETE
Heating
NONE
Stories
1
Buildings
2
Lot
1.23 ac
Current owner
From public records · entity-resolved
Nav Properties Corp
Entity
Mailing address
3950 NW 120TH AVE, CORAL SPRINGS, FL 33065-7631
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2013
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
5 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Feb 25, 2013
$1,500,000
Nav Properties Corp
J Jag INC
Warranty Deed
$892,748 · Jpmorgan Chase Bank NA
Aug 8, 2006
$2,250,000
J Jag INC
Palmer Capital Investments LLC
Warranty Deed
$1,400,000 · Colonial Bank NA
Jan 26, 2004
$1,375,000
Palmer Captial Investments LLC
Fastbolt Florida Dev Corp
Grant Deed
$885,000 · Wachovia Commercial Mortgage
Jan 21, 1997
$150,000
Fastbolt Florida Dev Corp
Van Kirk Ptshp
Grant Deed
—
—
—
Fastbolt Florida Dev Corp
—
Deed Of Trust
related
$432,286 · Community Bank Of Broward
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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