Manufacturing Facility with Outdoor
For Sale
$4,500,000
1150 SW 10th Avenue, 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$421.31
Days on Market139
Property Features for 1150 SW 10th Avenue
General Information
Standard status
Active
Size
11,347 SF
Total Parking Spaces
24
Lot size
1.19 Acres
Zoning
I-1
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
Taxes and HOA fees
Annual Taxes
$46,896
Amenities
LoadingDock
Central Air
Assigned, Common
Building Details
Building Size
11,347 SF
Year Built
1987
Buildings
1
Stories
2
Listing Agency:
Compass Florida, LLC
(954) 609-7111
Listed By:
Ashley Joy Lawrence · License #3314161
(954) 609-7111
Source:
Evrealestate
Added: Apr 7
Changed: Aug 23
Last Checked: Aug 22 at 7:23PM
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.
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 = 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
$210,811
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
4.68%
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%
$4,216,220
$4.2M
Cap Rate 7%
$3,011,586
$3.0M
Cap Rate 9%
$2,342,344
$2.3M
Market Conditions
NOI Build-Up for 10,681 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
$330.7K $30.96/SF
− Vacancy
−$49.6K −$4.64/SF
EGI
$281.1K $26.32/SF
− OpEx
−$70.3K −$6.58/SF
NOI
$210.8K $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 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%
$4,216,220
Cap Rate 7%
$3,011,586
Cap Rate 9%
$2,342,344
Alternative Uses
Best Use
Office B
$3.01M
$2.64M – $3.51M
NOI $210,811 @ 7.0% cap · market cap 4.68%
Second Best
Flex RnD
$2.04M
$1.78M – $2.37M
NOI $142,463 @ 7.0% cap · market cap 3.17%
Theoretical Best
Office A
$4.17M
$3.64M – $4.86M
NOI $291,591 @ 7.0% cap · market cap 6.48%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
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
Explore this area
Business Placement
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
Market
Vacancy Rate% for Office in South region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
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 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: 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
