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Jaime Conesa Purchases Industrial Property In Coral Springs For $1.8M With Kirk Nelson And Mark Faeth As Representatives

Property Image
SOLD
$1,800,000
Kirk Nelson
Mark Faeth

Florida

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Industrial4,443 SF
Sold
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Property Image
SOLD

Jaime Conesa Purchases Industrial Property In Coral Springs For $1.8M With Kirk Nelson And Mark Faeth As Representatives

12457 Northwest 44th Street

See Similar Deals
Industrial4,443 SF
Sold
Kirk Nelson
Mark Faeth
the dealplayerscompscontact
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Summary

FLORIDA
Asset Type:Industrial
Price Per Square Foot:$405
Total Square Footage:4443 SF
Transaction Type:Sale

This industrial asset located at 12457 Northwest 44th Street in Coral Springs was recently sold for $1,800,000. The property encompasses a total area of 4,443 square feet, translating to a price per square foot of $405.

Summary of transaction details:

  • Property Type: Industrial
  • Transaction Amount: $1,800,000
  • Address: 12457 Northwest 44th Street
  • Market: Coral Springs
  • Buyer: Jaime Conesa
  • Seller: William Siebold
  • Buyer's Representative: Kirk Nelson - CBRE
  • Seller's Representative: Mark Faeth - LRM CREA

The transaction featured a notable collaboration between the representatives, with Kirk Nelson from CBRE acting on behalf of the buyer, while Mark Faeth from LRM CREA represented the seller in this deal.

Players

Kirk Nelson
CBRE
Kirk Nelson
15 deals$142.7M volume(561) 227-1803
BROKER
Mark Faeth
LRM CREA
Mark Faeth
13 deals$47.6M volume
BROKER

Details

SOLD
IMAGE: Mark Faeth & Kirk Nelson DATE: 03/02/2026 ADDRESS: 12457 Northwest 44th Street MARKET: Coral Springs ASSET TYPE: Industrial BUYER: Jaime Conesa SELLER: William Siebold BUYER'S REP: Kirk Nelson - CBRE (@CBRE) SELLER'S REP: Mark Faeth (@MarkFaeth) - LRM CREA (@LRMAdvisors) SALE PRICE: $1,800,000 SF: 4,443 ~ PPSF: $405

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Deal Type
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)

$96,000.00

Debt Service Coverage Ratio (DSCR)

0.94x

Cap Rate

5.33%

Cash Flow (Annual)-$6,395.02
Cash-on-Cash Return-1.27%
Monthly Debt Service$8,532.92
Annual Debt Service$102,395.02