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Property profile & analytics
OFF-MARKET
Distribution centers
4306 120th Ave Coral Springs, FL 33065-7610
Entity Owned
1-yr Hold
Absentee Owner
Free & Clear
Property ID
US18-2985357
Property summary
AI-generated overview
This 2,030 square foot light industrial condo is located in the Sawgrass East Business Park in Coral Springs, Florida (33065). The property, identified by APN 484118bh0200 and zoned IRD, is a single-tenant warehouse space perfect for a variety of businesses. Features include built-in offices and restrooms, eliminating construction delays. The unit boasts an oversized overhead door leading to the warehouse area, all-concrete construction, and impact-resistant glass doors and windows. Monthly rent, inclusive of CAM charges, starts at $4,395, plus applicable sales tax and utilities. The property is available for immediate occupancy. This is a single-suite building on a lot with unspecified square footage. A list of permitted uses is available upon request. This turnkey solution offers immediate access to a functional and well-equipped space within a thriving business park. Don't miss this opportunity to secure a prime location in Coral Springs.
Property profile
Verified
Property type
Distribution centers
Use group
DISTRIBUTION WAREHOUSE
Year built
2007
Construction
CONCRETE
Total area
1,920 SF
Lot
0.05 ac (2,037 SF)
Zoning code
IRD
APN
48-41-18-BH-0040
UPID
US18-2985357
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
by Request
Blend (final)
Blend
by Request
Owner & transaction history
Oba 4306 LLC · 1 yrs held
Oba 4306 LLC
since 2024
Last sale
$16.3M
3 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
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
—
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
$6,609
Tax year 2023
Assessed value
$300,000
Assessed 2023
Previous assessed
$288,930
+3.8% YoY
Effective rate
2.20%
On assessed value
Assessed land
$30,000
Assessed improvement
$270,000
Land market value
$30,000
Improvement market value
$270,000
Total market value
$300,000
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
Distribution centers
Use group
DISTRIBUTION WAREHOUSE
Status
Off-Market
Year built
2007
Construction
CONCRETE
Heating
NONE
Bathrooms
1
Total area
1,920 SF
Lot
0.05 ac (2,037 SF)
Zoning code
IRD
APN
48-41-18-BH-0040
UPID
US18-2985357
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
2007
Construction
CONCRETE
Heating
NONE
Bathrooms
1
Lot
0.05 ac
Current owner
From public records · entity-resolved
Oba 4306 LLC
Entity
Free & Clear · 1 yrs held
Mailing address
175 SW 7TH ST STE #2112, MIAMI, FL 33130-2962
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2024
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
Dec 11, 2024
$609,000
Oba 4306 LLC
Midtown Coral LLC
Warranty Deed
—
Dec 19, 2023
$16,270,000
Midtown Coral LLC
Santo Expedito Real Estate INC
Warranty Deed
—
Dec 6, 2011
$4,400,000
Santo Expedito Real Estate INC
Sawgrass East Holding Corp
Warranty Deed
—
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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