3650 Coral Ridge Drive # 104

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3650 Coral Ridge Drive # 104

Coral Springs, FL 33065
Asking Price
$1.59M
Asset Type
Warehouse Industrial
Class
Class B

AI Property Summary

Structured overview optimized for LLM context (ChatGPT, Perplexity, Claude).

  • Industrial warehouse space measuring 5,004 square feet
  • Offered for sale at a price of $1,595,000
  • Located within the suburban market of Coral Springs
  • Positioned for logistics, distribution, or light manufacturing use
  • Accessible site located on Coral Ridge Drive

What's Special

Priced at $1,595,000, this industrial warehouse property provides 5,004 square feet of functional space in Coral Springs, Florida. The unit is positioned within a well-established commercial corridor at 3650 Coral Ridge Drive, offering direct access to major transit routes throughout the Broward County submarket. This region maintains a robust business climate, benefiting from proximity to significant metropolitan infrastructure and a diverse labor pool suited for light manufacturing and distribution operations. The layout is configured to accommodate various industrial applications, including storage, assembly, or last-mile logistics requirements. Business owners and investors can leverage this square footage to establish or expand operations in a stable suburban environment. The accessibility of the site supports efficient logistics and operational workflows, making it a viable acquisition for organizations seeking a dedicated industrial footprint within the South Florida market.

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NOI
$80,000
Cap Rate
5.02%
DSCR
0.84
Underwater
Cash-on-Cash
-3.07%
Monthly Payment
$7,891.19
Annual Cash Flow
$-14,694.277

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