Sold
Last Sold Price
5 baths5,619 sqft
9621 W Sample Rd, Coral Springs, FL 33065
Mixed UseProperty Type
0.15 acresLot Size
1974Year Built
$176/sq ftPrice per sq ft

Description

Full offering memorandum is available with financials. Current cap rate is 5.7% but pro-forma of 7.3% is easy to reach as main tenant is m to m. Priced well below replacement cost! This property has two retail storefronts in the front plus two office suites in the rear for a total of four units. It is located in affluent Coral Spring, FL, across the street from the new $38MM Coral Springs City Hall and a $168MM Cornerstone mixed-use development on the SW corner of Sample Road and University Drive....Full offering memorandum is available with financials. Current cap rate is 5.7% but pro-forma of 7.3% is easy to reach as main tenant is m to m. Priced well below replacement cost! This property has two retail storefronts in the front plus two office suites in the rear for a total of four units. It is located in affluent Coral Spring, FL, across the street from the new $38MM Coral Springs City Hall and a $168MM Cornerstone mixed-use development on the SW corner of Sample Road and University Drive. The building has a new roof. There are four modern (within the past six years) central AC units on the roof. The west side has three bathrooms and the east side has two.
Listing closed: 11/16/2021 12:00 AM • Source: Beaches MLS, MLS#: R10750502

Location

Listing Courtesy of Coldwell Banker Commercial

Sold By Coldwell Banker Commercial

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$6,847 per month

30 year fixed, 6.71% Interest

Principal and Interest

$5,116

Property Taxes

$1,731

HOA Dues

$0

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Property Information for 9621 West Sample Road

Property Details
  • Taxes: $20,774 / year
  • MLS Type: Commercial Sale / Mixed Use
  • Style: No Pool/No Water
  • Year Built Numeric: 1974
  • Design: Retail, Office
Building Information
  • Stories: 1
  • Year Built: 1974
  • Lot Size: 0.15 AC / 6,534 SF
Summary
Location and General Information
  • Area: 3626
  • City and Location Text: Coral Springs
  • County Land Code: Broward County
  • County Or Parish: Broward County
  • Geo Lat: 26.272948
  • Information Available: Copy Of Lease(s), Investment Analysis
  • MLS Area: 3626
  • MLS Sub Area: NW41 - North Broward 441 To Everglades (3611-3642), NW41, North Broward 441 To Everglades (3611-3642)
  • State: FL
  • Street Direction Prefix: W
  • Street #: 9621
  • Zoning: B-2
Taxes and HOA Information
  • Association Fee: $0
  • Legal Desc: CORAL SPRINGS CITY CENTER COMMERCIAL SEC ONE 63-37 B LOT 24 LESS S 65 FOR RD BLK A
  • Parcel ID: 484116040240
  • Tax Year: 2020
Property
Lot Information
  • Acres: 0.15
  • Approx Sqft Total Area: 5619
  • Lot Square Footage: 6534.0
  • Sq Ft: 5619
  • Sq Ft Total: 5,619
  • Type of Building: Retail, Office
  • Property Type: Commercial Sale, Mixed Use
Property and Assessments
  • Avail Docs: Copy Of Lease(s), Investment Analysis
  • Construction Type: Mixed Use, Composition
  • Document Count: 0
  • Legal Description: CORAL SPRINGS CITY CENTER COMMERCIAL SEC ONE 63-37 B LOT 24 LESS S 65 FOR RD BLK A
  • Type: Mixed Use
  • Year Built Description: 1974
Utilities
  • Cable Available: Yes
  • Electric Service: Three Phase
  • On Site Utilities: Cable Available
  • Utilities: Cable Available
Interior and Exterior Features
Exterior Features
  • Balcony Porch/Patio: No
  • Guest Accommodations: No
  • Roof: Composition
  • Roof Description: Composition
  • Security Information: Smoke Detector(s)
  • Structure Type: Office, Retail
Interior Features
  • Baths Total: 5
  • Building Includes: Building, Land
  • Cooling: Central Air
  • Flooring: Carpet, Tile
  • Heating: Central
  • Heating Description: Central
  • Maximum Ceiling Height: 8
  • Num Floors: 1
  • Num Toilets: 5
  • Numof Units: 4
Multi Family
Multi Family Information
  • Number of Stories: 1.0
  • Unit Count: 4
Income & Expenses
  • Exp Incl Pool Service: No
Rental
Rental Information
  • DXORIGMLNO: RML
  • Possession Information: Close Of Escrow
  • Rental Price/SqFt: $169.07
  • Tenant Pays: Cable TV, Electricity, Janitorial Service

Property History for 9621 West Sample Road

DateEvent & SourcePriceAppreciation
Nov 16, 2021

Sold

Beaches MLS #R10750502

$990,000
Oct 15, 2021

Pending

Beaches MLS #R10750502

Oct 7, 2021

Listed (Active)

Beaches MLS #R10750502

$950,000
DateEvent & SourcePrice
11/16/2021

Sold

Beaches MLS #R10750502

$990,000
10/15/2021

Pending

Beaches MLS #R10750502

10/07/2021

Listed (Active)

Beaches MLS #R10750502

$950,000

For completeness, we often displays two records for one sale: the MLS record and the public record.

Schools near 9621 West Sample Road

This home is within Broward.
Rating
School
Type
Grades
Distance
Public - PK to 5
Public - 6 to 8
Public - 9 to 12
Charter - 9 to 12
Rating
School
Distance
Country Hills Elementary School
PublicPK to 5

Coral Springs Middle School
Public6 to 8

Coral Glades High School
Public9 to 12

ACADEMIC SOLUTIONS ACADEMY A-5233
Charter9 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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Listing Courtesy of Coldwell Banker Commercial

Based on information from one of the following Multiple Listing Services: Beaches Multiple Listing Service, Inc., Martin County REALTORS® of the Treasure Coast, Inc., Miami Association of REALTORS®. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by Beaches Multiple Listing Service, Inc., Martin County REALTORS® of the Treasure Coast, Inc., Miami Association of REALTORS® is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.