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    1150 SW 10th Avenue Pompano Beach, FL 33069

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    For Sale
    $4,500,000

    COMMERCIAL - Pompano Beach, FL

    Property size:
    11,347 SF
    Lot size:
    1.11 Acres
    Price / SF:
    $396/SF
    Added:
    Apr 7, 2026
    Days on Market:
    29
    Last Refresh:
    May 5 at 5:06 pm

    Property Features for 1150 SW 10th Avenue

    General Information

    Property type
    Commercial Sale
    Property subtype
    Other
    Zoning
    I-1
    Parking
    24
    Parking features
    Assigned
    Security features
    Security System
    Standard status
    Active
    APN
    494202040300
    Size
    11,347 SF
    Lot size
    1.11 Acres

    Taxes and HOA fees

    Tax Year
    2025
    Tax Description
    FAIRVIEW ADD 11-27 B LOTS 9,10,11,12 LESS W 30 BLK 5 TOG WITH S 1/2 OF VAC SW 11 ST LYING N OF & ADJ TO SAID LOTS PER OR 14522/222
    Tax Annual Amount
    46897

    Utilities

    Utilities
    Cable Available
    Sewer type
    Public Sewer
    Cooling system
    Central Air
    Water source
    Public

    Building Details

    Year built
    1987
    Floors in Building
    2
    Flooring type
    Vinyl, Carpet, Concrete, Tile
    Building materials
    CBS, Concrete, Stucco
    Roof type
    Concrete, Metal

    We can help!

    Listing Contact
    Ashley Joy Lawrence
    Ashley Joy Lawrence

    Listing agent Ashley Joy Lawrence License #3314161

    Listing office Compass Florida, LLC 1200 E Las Olas Blvd Ste 102, Miami Beach, FL

    Listing date Apr 7, 2026

    MLS# B26012467

    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 Industrial Compound

    This commercial property in Pompano Beach, FL, features a 1.26-acre industrial compound with frontage on I-95. The property includes two contiguous parcels: an 11,106 square foot two-story office/warehouse and an adjacent 0.63-acre lot zoned I-1, suitable for outdoor storage. The main building, located at 1150 SW 10th Ave, passed the 2023 Broward 25-year safety inspections without required repairs. The building features a Soprema roof installed in 2016, with a 20-year Platinum NDL Warranty valid through 2036. The site provides 400-amp/3-phase power, over 23 parking spaces, and more than 27,500 square feet of yard space suitable for building supplies or fleet parking. The property is suited for owner-users or investors seeking a multi-faceted income stream in a premier industrial hub. The property is zoned I-1.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    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

    Restaurant Real Estate Agency Law Firm Dental Office Spa & Massage Center Building Supply Big Box & Wholesale Store Hair Salon Auto Repair Shop Nail Salon

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

    Similar Places Nearby

    • The Hitch Booth — 1831 S Dixie Hwy, Pompano Beach, FL 33062
    • Infused Catering — 1790 SW 13th Ct, Pompano Beach, FL 33069
    • The Catering Group — 121 SW 5th St, Pompano Beach, FL 33060
    • Affairs D'Elegance / TCG Catering — 121 sw 5th st, pompano beach, fl 33060

    Location Insight

    • Map
    • Local Demand
    City
    Pompano Beach
    County
    Broward
    State
    Florida
    Longitude
    -80.137149
    Latitude
    26.215577

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    FAQs

    What type of property is this?
    Flex space - Rare 1.26-acre industrial compound with I-95 frontage.
    Where is this flex space located?
    The property is located at 1150 SW 10th Avenue 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: Rare 1.26‑acre industrial compound with I‑95 frontage.; Includes 11,106 SF office/warehouse and 0.63‑acre I‑1 zoned lot for outdoor storage.; Passed 2023 Broward 25‑year safety inspections with no repairs required.
    (954) 609-7111
    We can help!
    Listing Contact
    Ashley Joy Lawrence
    Ashley Joy Lawrence
    Real Estate License ID: 3314161
    Learn More
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    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
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