Industrial Warehouse with Loading
New
For Sale
$1,890,000
3411 NE 6TH Terrace, Pompano Beach, FL
Commercial Sale, Pompano Beach, FL
Property Size6,306 SF
Lot Size0.23 Acres
Price / SF$299.71
Days on Market6
Property Features for 3411 NE 6TH Terrace
General Information
Property type
Commercial Sale
Property subtype
Other
Zoning
I-1
Parking
16
Subdivision
3331
Standard status
Active
APN
484224260280
Size
6,306 SF
Lot size
0.23 Acres
Taxes and HOA fees
Tax Year
2025
Tax Description
DIXIE INDUSTRIAL CENTER 54-22 B LOT 12 BLK 4
Tax Annual Amount
20814
Legal Description
DIXIE INDUSTRIAL CENTER 54-22 B LOT 12 BLK 4
Utilities
Utilities
Cable Available
Sewer type
Public Sewer
Heating system
Central
Cooling system
Central Air
Water source
Public
Building Details
Year built
1962
Floors in Building
1
Number of units
1
Flooring type
Tile, Concrete, Marble
Building materials
Block, Concrete
Roof type
Metal, Rolled Hot Mop
Listing Agency:
RE/MAX First · RE/MAX International
(954) 368-8688
Listed By:
Kirk F Bauer · License #463011
(954) 270-1601
Added: Aug 28
Changed: Sep 2
Last Checked: Sep 2 at 11:06PM
MLS# B26069688
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.
Investment Insights
Based on property information with market context.
This industrial warehouse in Pompano Beach offers an open interior arrangement with integrated office space and a loading dock. Central air conditioning serves the building, while block and concrete construction, tile and concrete flooring, and a metal and rolled hot-mop roof contribute to the existing improvements. The property was built in 1962 and includes on-site parking.
The 0.23-acre site is zoned I-1 and connected to public water and public sewer, with cable available. Electrical service includes separate 600-amp and 400-amp capacities. The configuration supports a range of industrial operations, including distribution, logistics, storage, and manufacturing uses identified in the property information.
The 0.23-acre site is zoned I-1 and connected to public water and public sewer, with cable available. Electrical service includes separate 600-amp and 400-amp capacities. The configuration supports a range of industrial operations, including distribution, logistics, storage, and manufacturing uses identified in the property information.
Key Highlights
- Open warehouse layout with integrated office space and loading dock
- 600‑amp and 400‑amp electrical services
- I‑1 zoning on a 0.23‑acre site
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$84,109
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
4.45%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$1,682,180
$1.7M
Cap Rate 7%
$1,201,557
$1.2M
Cap Rate 9%
$934,544
$934.5K
Market Conditions
NOI Build-Up for 6,306 SF
Vacancy — income lost from leasable area expected to sit empty during the year, subtracted from gross rent.
EGI (Effective Gross Income) — gross rent minus vacancy losses, the realistic income before paying operating costs.
OpEx (Operating Expenses) — recurring costs to operate the property (property tax, insurance, utilities, maintenance, management); excludes financing and capital improvements.
NOI (Net Operating Income) — income a property generates after operating costs but before financing and taxes.
Gross rent
$136.2K $21.60/SF
− Vacancy
−$6.8K −$1.08/SF
EGI
$129.4K $20.52/SF
− OpEx
−$45.3K −$7.18/SF
NOI
$84.1K $13.34/SF
Area
Pompano Beach, FL
Vacancy
5.00%
Lease Rate
$21.60 /SF/Yr
Expense Ratio
35.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$1,682,180
Cap Rate 7%
$1,201,557
Cap Rate 9%
$934,544
Alternative Uses
Best Use
Flex RnD
$1.20M
$1.05M – $1.40M
NOI $84,109 @ 7.0% cap · market cap 4.45%
Second Best
Warehouse
$661.6K
$578.9K – $771.9K
NOI $46,313 @ 7.0% cap · market cap 2.45%
Theoretical Best
Office A
$2.46M
$2.15M – $2.87M
NOI $172,154 @ 7.0% cap · market cap 9.11%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
1,437
Businesses Nearby
Balanced
Demand for This Use
Explore this area
Business Placement
Market
Vacancy Rate% for Industrial in South region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Similar Off Market Nearby
- Safeguard Self Storage — 2571 N Federal Hwy, Pompano Beach, FL 33064
- Extra Space Storage — 750 E Sample Rd, Pompano Beach, FL 33064
- Self Storage — 51 w sample rd, pompano beach, fl 33064
- Armor Self Storage Unit — 501 E Sample Rd, Pompano Beach, FL 33064
- Self Storage — 601 e sample rd, pompano beach, fl 33064
Frequently Asked Questions
What type of property is this?
Warehouse - I-1-zoned industrial building with office space, centralized cooling, flexible electrical service, and public utilities.
Where is this warehouse located?
The property is located at 3411 NE 6TH Terrace Pompano Beach, FL.
What is the asking price?
The asking price for this property is $1,890,000.
What are key features of this property?
This property features: Open warehouse layout with integrated office space and loading dock; 600‑amp and 400‑amp electrical services; I‑1 zoning on a 0.23‑acre site
