11050 Wiles RdCoral Springs, FL 33076

Property Details for 11050 Wiles Rd

Year built

1986

Construction

CONCRETE

Property size (Sq ft)

1,238 SF

Zone code

B-3

Property type

Retail properties

Property subtype

Community centers

APN

48-41-17-BG-0060

APU

484117BG0060

Description

This exceptional Coral Springs office building, located at 11050 Wiles Road, offers a single-tenant, first-floor storefront opportunity. The two-story building boasts high visibility and significant traffic exposure on Wiles Road, making it ideal for a variety of businesses. The 5-office suite includes a spacious waiting area, a dedicated eating area, and a restroom for employee and client convenience. A significant advantage is the inclusion of a warehouse space complete with a loading dock, perfect for storage or inventory management. Ample parking is available both in front of and behind the building, ensuring convenient access for staff and customers. The property is zoned B-3, offering flexibility for various commercial uses. The building's attractive features are further enhanced by the inclusion of water, garbage, sewage, and CAM fees within the lease, simplifying operational costs. This is a fantastic opportunity to establish or relocate your business in a thriving Coral Springs location. The property features a single suite within a larger building, and the lot size is not specified. The APN is 484117BG0020.

• CAP approach

  CAP return

  Valuation

  6%

  $435,725

  6.5%

  $402,208

  7%

  $373,478

• Comparable approach

  Method

  Valuation

  Relative Method

  $602,769

  Geo Method

  $602,769

• Alternative Use

  Use

  Valuation

  Residential

  $339,277

  Hospitality

  $310,776

  Educational

  $258,562

  Medical

  $267,454

  Retail

  $402,208

Location Insight

City

Coral Springs

County

Broward

State

Florida

Latitude

26.2871

Longitude

-80.274

CBSA code

33100

CBSA name

MIAMI-FORT LAUDERDALE-MIAMI BEACH, FL METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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