Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings

    2400 W Copans Road Pompano Beach, FL 33069

    View on Map
    Claim this Listing
    For Sale
    Under Contract
    $1,175,000

    COMMERCIAL - Pompano Beach, FL

    Property size:
    4,571 SF
    Lot size:
    0.10 Acres
    Added:
    Mar 16, 2023
    Days on Market:
    1130
    Last Refresh:
    Apr 18 at 3:06 pm

    Property Features for 2400 W Copans Road

    General Information

    Property type
    Commercial Sale
    Property subtype
    Other
    Zoning
    I-1
    Bathrooms
    1
    Rooms
    Bathroom 1
    Standard status
    Active Under Contract
    APN
    484228ca0030
    Size
    4,571 SF
    Lot size
    0.10 Acres

    Taxes and HOA fees

    Tax Year
    2023
    Tax Description
    COPANS COMMERCE PARK CONDO BLDG 2400 UNIT C PER CDO BK/PG: 45207/752
    Tax Annual Amount
    6380

    Utilities

    Utilities
    Cable Available
    Sewer type
    Public Sewer
    Heating system
    Central
    Cooling system
    Exhaust Fan (Cooling), Central Air
    Water source
    Public

    Building Details

    Year built
    1989
    Floors in Building
    1
    Number of units
    1
    Flooring type
    Tile, Concrete
    Building materials
    Block, Concrete, Pre-Cast Concrete Construction

    We can help!

    Listing Contact
    Alan Taylor Riddle

    Listing agent Alan Taylor Riddle License #3458243

    Listing office United Realty Group, Inc 5550 Glades Road Suite 101, Plantation, FL

    Listing date Mar 16, 2023

    MLS# R10874224

    Copyright © 2026 BeachesMLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Pompano Beach Commercial Property

    This commercial property is located in Pompano Beach, Florida. The property has been remodeled and offers an 8% CAP rate. The property size is 4571 square feet and it is situated on a lot of 0.1 acres. The zoning is I-1.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Bella Maderatto Industrial Manufacturer MGT Trading Inc Corporate Office TyrrellTech Inc, Pompano Printing Equipment And Supplies Half Price Sinks (Bike/Boat/Book/etc) Store NORDIKA FLOORS Hardware & Home Improvement

    Suggested Use

    Restaurant Real Estate Agency Law Firm Dental Office Spa & Massage Center Hair Salon Auto Repair Shop Nail Salon Hotel & Motel Building Supply

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Pompano Beach
    County
    Broward
    State
    Florida
    Longitude
    -80.157293
    Latitude
    26.259618

    Nearby Similar for Sale

    • $699,900

      Freestanding Office Building in Pompano

      Charming office building in East Pompano Beach with high visibility.
      713 E Atlantic Blvd, Pompano Beach, FL 33060
      View Details
    • $1,349,999
      4,263 SF

      Pompano Beach Commercial Building For Sale

      4,263 SF building with 6,758 SF yard on Dixie Hwy.
      2323 N Dixie Highway, Pompano Beach, FL 33060
      View Details
    • $1,300,000
      1,740 SF

      Pompano Beach Retail Opportunity

      Retail space with B-4 zoning in Pompano Beach, Florida.
      600 S Dixie Hwy W W, Pompano Beach, FL
      View Details
    • $4,500,000
      4,646 SF

      Pompano Beach Income-Generating Retail Plaza

      Well-maintained retail plaza with established tenants, development potential.
      520-580 S Federal Highway, Pompano Beach, FL 33062
      View Details
    • $950,000

      Pompano Beach Office/Warehouse Space

      Office/warehouse space in Pompano Industrial Park Condo, zoned B-4.
      1071 NW 31st Ave, Pompano Beach, FL 33069
      View Details
    • $2,200,000
      7,492 SF

      Pompano Beach Multifamily Investment Opportunity

      Eight-unit multifamily property near the beach in Pompano Beach, FL.
      1420 SE 4th Avenue, Pompano Beach, FL
      View Details
    • $655,000
      2,032 SF

      Updated Triplex in Pompano Beach

      Turnkey investment property with long-term tenants and updated features.
      721 SW 8th Street, Pompano Beach, FL 33060
      View Details
    • $450,000
      988 SF

      Pompano Beach Income-Producing Duplex

      Income-producing duplex in thriving Pompano Beach with redevelopment potential.
      2261 NW 2nd Street, Pompano Beach, FL 33069
      View Details
    • $655,000
      1,982 SF

      Pompano Beach Multifamily Investment Property

      Well-maintained, fully rented triplex with recent upgrades and long-term tenants.
      131 SW 14th Court, Pompano Beach, FL 33060
      View Details
    • $500,000

      Profitable Pool Service Company

      High-growth pool service company with recurring revenue in Pompano Beach.
      Pompano Beach, FL 33069
      View Details
    • $599,990
      1,912 SF

      Pompano Beach Duplex For Sale

      Duplex in strong rental area with recent upgrades and no HOA.
      218 SW 1st Court, Pompano Beach, FL 33060
      View Details
    • $689,000
      2,351 SF

      Pompano Beach Garden Isles Duplex

      Duplex in Garden Isles, close to amenities and the beach.
      371 SE 1st Avenue, Pompano Beach, FL 33060
      View Details

    FAQs

    What type of property is this?
    Specialty property - Remodeled commercial property in Pompano Beach, Florida, offering an 8% CAP rate.
    Where is this specialty property located?
    The property is located at 2400 W Copans Road Pompano Beach, FL.
    What is the asking price?
    The asking price for this property is $1,175,000.
    What are key features of this property?
    This property features: Great 8 CAP Rate; Remodeled and move‑in ready; Central Air for year‑round comfort
    (561) 866-4589
    We can help!
    Listing Contact
    Alan Taylor Riddle
    Real Estate License ID: 3458243
    Learn More
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!