Small Bay Industrial Income
For Sale
$2,900,000
1301 S Dixie Hwy E Pompano, Pompano Beach, FL 33060
Small-bay industrial building with 12,570 SF and B-4 zoning, built in 1975 and currently 95% occupied.
Property Size12,570 SF
Price / SF$230.71
Days on Market171
Property Features for 1301 S Dixie Hwy E Pompano
General Information
Standard status
Active
Size
12,570 SF
Property subtype
Multi Tenant Office
Zoning
B-4
Occupancy
95%
Building Details
Year Built
1975
Listing Agency:
Berger Commercial Realty CORFAC Intl
(954) 358-0900
Listed By:
Beck Jordan
(954) 358-0900
Source:
Thebrokerlist
Added: Feb 18
Changed: Jul 22
Last Checked: Aug 8 at 2:37AM
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 Berger Commercial Realty CORFAC Intl
Investment Insights
Based on property information with market context.
The subject property is a small bay industrial asset operated as an income-producing property. The building totals 12,570 SF and was built in 1975. It is currently 95% occupied and is described as well-maintained, with ample parking available for tenants and visitors.
The property is located on the Dixie Highway corridor in Pompano Beach, just south of Atlantic Blvd. Public remarks indicate immediate proximity to major highways and areas of commerce, supporting convenient access for industrial users.
The property is zoned B-4, and is positioned for industrial use in a corridor setting.
The property is located on the Dixie Highway corridor in Pompano Beach, just south of Atlantic Blvd. Public remarks indicate immediate proximity to major highways and areas of commerce, supporting convenient access for industrial users.
The property is zoned B-4, and is positioned for industrial use in a corridor setting.
Key Highlights
- 12,570 SF small‑bay industrial building built in 1975
- Currently 95% occupied with an income‑producing setup
- Zoned B‑4 for industrial/commercial uses
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
$167,659
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
5.78%
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%
$3,353,180
$3.4M
Cap Rate 7%
$2,395,129
$2.4M
Cap Rate 9%
$1,862,878
$1.9M
Market Conditions
NOI Build-Up for 12,570 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
$271.5K $21.60/SF
− Vacancy
−$13.6K −$1.08/SF
EGI
$257.9K $20.52/SF
− OpEx
−$90.3K −$7.18/SF
NOI
$167.7K $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%
$3,353,180
Cap Rate 7%
$2,395,129
Cap Rate 9%
$1,862,878
Alternative Uses
Best Use
Flex RnD
$2.40M
$2.10M – $2.79M
NOI $167,659 @ 7.0% cap · market cap 5.78%
Second Best
Industrial
$1.09M
$950.3K – $1.27M
NOI $76,025 @ 7.0% cap · market cap 2.62%
Theoretical Best
Office A
$4.90M
$4.29M – $5.72M
NOI $343,161 @ 7.0% cap · market cap 11.83%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Current Use
Lease Details
95%
Occupancy
Location Intelligence
Trade Area within ½ mile
1,883
Businesses Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Demographics for 33060, FL
35,793
Population
15,653
Households
2.3
Avg Household Size
39
Median Age
25%
College-Educated
82%
High-School Grad
7.0 sq mi
ZIP Area
5,113
Density / Sq Mi
$59,757
Median Household Income
$34,275
Median Earnings
$1,406
Median Rent
$354,100
Median Home Value
Market
Vacancy Rate% for Industrial in South region
Questions? Ask Rey
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Similar Off Market Nearby
- The Hitch Booth — 1831 S Dixie Hwy, Pompano Beach, FL 33062
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Frequently Asked Questions
What type of property is this?
Flex space - Small-bay industrial building with 12,570 SF and B-4 zoning, built in 1975 and currently 95% occupied.
Where is this flex space located?
The property is located at 1301 S Dixie Hwy E Pompano Pompano Beach, FL.
What is the asking price?
The asking price for this property is $2,900,000.
What are key features of this property?
This property features: 12,570 SF small‑bay industrial building built in 1975; Currently 95% occupied with an income‑producing setup; Zoned B‑4 for industrial/commercial uses
