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Manufacturing Facility with Outdoor Storage
For Sale
$4,500,000

1150 SW 10th Ave, Pompano Beach, FL 33069

Manufacturing building with office space and a fenced industrial outdoor storage yard with dock-high access.

Property Size11,347 SF
Lot Size1.19 Acres
Price / SF$396.58
Days on Market168

Property Features for 1150 SW 10th Ave

General Information

Standard status Active
Size 11,347 SF
Lot size 1.19 Acres

Site & Location

Highway Access Yes
Fenced Yard Yes
Outdoor Storage Yes

Warehouse & Industrial

Clear Height 21.6 ft
Dock-High Doors 7
Heavy Power Yes

Building Details

Year Built 1987
Listing Agency: Compass Florida, LLC
Listed By: Ashley Joy Lawrence · License #3314161
Source: Thepennteam
Added: Apr 24 Changed: Oct 3 Last Checked: Oct 7 at 1:26PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Compass Florida, LLC

Investment Insights

Based on property information with market context.

This industrial portfolio includes a manufacturing facility with professional office space and a separate industrial outdoor storage (IOS) yard. The facility is described as having 3-phase power (400A) and 21’ 7” clear heights in the warehouse, with office space ceiling height of 10’ 9”. The layout provides seven exterior dock-high doors for loading and logistics.

The property is positioned on the I-95 frontage corridor, with quick access noted to the Turnpike (less than 2 miles) and a Rail Terminal (1.6 miles). The yard is identified as fenced IOS space on a secondary parcel.

The offering also references completed 25-year structural and electrical recertifications with zero repairs required. Roofing is described as a 2016 Soprafix roof protected by a 20-year SOPREMA Platinum NDL warranty through 2036.

Key Highlights

  • Industrial portfolio on I‑95 frontage featuring a 10,681 SF manufacturing building plus a 1,733 SF fenced industrial outdoor storage (IOS) yard
  • Warehouse has 21' 7" clear heights and 3‑phase power (400A) for heavy‑duty operations
  • Dock‑high logistics with 7 exterior dock‑high doors

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$223,956
Cap Rate
4.98%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$4,479,120 $4.5M
Cap Rate 7%
$3,199,371 $3.2M
Cap Rate 9%
$2,488,400 $2.5M
Market Conditions
NOI Build-Up for 11,347 SF
Gross rent
$351.3K $30.96/SF
− Vacancy
−$52.7K −$4.64/SF
EGI
$298.6K $26.32/SF
− OpEx
−$74.7K −$6.58/SF
NOI
$224.0K $19.74/SF
Area
Pompano Beach, FL
Vacancy
15.00%
Lease Rate
$30.96 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$4,479,120
Cap Rate 7%
$3,199,371
Cap Rate 9%
$2,488,400

Alternative Uses

Best Use
Office B
$3.20M
$2.80M – $3.73M (±1% cap)
NOI $223,956 @ 7.0% cap · market cap 4.98%
Second Best
Flex RnD
$2.16M
$1.89M – $2.52M (±1% cap)
NOI $151,346 @ 7.0% cap · market cap 3.36%
Theoretical Best
Office A
$4.43M
$3.87M – $5.16M (±1% cap)
NOI $309,773 @ 7.0% cap · market cap 6.88%
Zoning and permitted uses should be independently verified with authorities.

Property Analytics

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Current Use

North Ridge Electric ... Electrical Service Uptown Commerce Center Law Firm Keys Deck And Dock ... Industrial Manufacturer Shine of Ft Lauderdale General Contractor Chase Roofing Roofing Company

Suggested Use

Top Pick Real Estate Agency Dental Office Pharmacy Gym & Fitness Center Parking Lot & Garage Cafe & Coffee Shop

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

21 ft
Clear height
7
Dock-high doors
Yes
Heavy power
Yes
Fenced yard
Yes
Highway access

Location Intelligence

Trade Area within ½ mile

1,745
Businesses Nearby

Demographics for 33069, FL

28,817
Population
16,052
Households
1.8
Avg Household Size
42
Median Age
32%
College-Educated
86%
High-School Grad
9.4 sq mi
ZIP Area
3,066
Density / Sq Mi
$57,462
Median Household Income
$35,725
Median Earnings
$1,685
Median Rent
$253,000
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Office in South region

14.4% 2019
16.4% 2020
17.3% 2021
18% 2022
18.6% 2023
20.3% 2024
20.2% 2025
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Frequently Asked Questions

What type of property is this?
Manufacturing property - Manufacturing building with office space and a fenced industrial outdoor storage yard with dock-high access.
Where is this manufacturing property located?
The property is located at 1150 SW 10th Ave Pompano Beach, FL.
What is the asking price?
The asking price for this property is $4,500,000.
What are key features of this property?
This property features: Industrial portfolio on I‑95 frontage featuring a 10,681 SF manufacturing building plus a 1,733 SF fenced industrial outdoor storage (IOS) yard; Warehouse has 21' 7" clear heights and 3‑phase power (400A) for heavy‑duty operations; Dock‑high logistics with 7 exterior dock‑high doors
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