Versatile Industrial Commercial
For Sale
$355,000
1773 Blount Rd Unit 311, Pompano Beach, FL 33069
I-1 zoned space ideal for e-commerce, warehousing, or manufacturing.
Property Size955 SF
Price / SF$371.73
Days on Market148
Property Features for 1773 Blount Rd Unit 311
General Information
Standard status
Active
Size
955 SF
Building Details
Year Built
1983
Listing Agency:
Star Alliance Realty Inc
Listed By:
Anna Y Stepchenko · License #3265345
(305) 824-7157
Source:
Chenoregroup
Added: May 20
Changed: Sep 5
Last Checked: Oct 7 at 12:57PM
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 Star Alliance Realty Inc
Investment Insights
Based on property information with market context.
This versatile I-1 zoned industrial commercial space offers an exceptional opportunity for various business operations, including e-commerce, warehousing, light manufacturing, assembly, fabrication, packaging, or even live/work setups. The property features a 20' ceiling height and is strategically located minutes from major shipping hubs such as FedEx, UPS, and USPS, with immediate access to the Turnpike and major highways. The space is fully air-conditioned and designed for efficiency, security, and functionality. Upgrades include industrial steel warehouse racking and shelving systems with multi-level mezzanine storage platforms, built-in storage units, and warehouse lift equipment. It also features second-floor lift access, climate control with a Google Nest thermostat, and a tankless water heater. The remodeled kitchen and enhanced electrical lighting add to the property's appeal, along with extensive security features, including bars on windows and a metal front entry door. A dedicated production/workshop room is fully equipped for light manufacturing or operational support, offering industrial workstations, expansive counter space, shelving, overhead task lighting, and ventilation. The seller-installed enclosed rear flex space adds value with a private finished room featuring a separate wall and door enclosure, kitchenette, and full bathroom. The HOA includes water, trash, and exterior insurance. The property size is 955 square feet.
Key Highlights
- I‑1 Zoning ideal for e‑commerce, warehousing, light manufacturing, or live/work.
- Strategic location with immediate access to the Turnpike and major highways, minutes from FedEx, UPS, and USPS.
- Fully air‑conditioned with 20' ceiling height and industrial steel warehouse racking and shelving systems with multi‑level mezzanine storage platforms.
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$12,738
Cap Rate
3.59%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$254,760
$254.8K
Cap Rate 7%
$181,971
$182.0K
Cap Rate 9%
$141,533
$141.5K
Market Conditions
NOI Build-Up for 955 SF
Gross rent
$20.6K $21.60/SF
− Vacancy
−$1.0K −$1.08/SF
EGI
$19.6K $20.52/SF
− OpEx
−$6.9K −$7.18/SF
NOI
$12.7K $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 Rate 5%
$254,760
Cap Rate 7%
$181,971
Cap Rate 9%
$141,533
Alternative Uses
Best Use
Flex RnD
$182.0K
$159.2K – $212.3K
NOI $12,738 @ 7.0% cap · market cap 3.59%
Second Best
Industrial
$82.5K
$72.2K – $96.3K
NOI $5,776 @ 7.0% cap · market cap 1.63%
Theoretical Best
Office A
$372.5K
$325.9K – $434.5K
NOI $26,072 @ 7.0% cap · market cap 7.34%
Zoning and permitted uses should be independently verified with authorities.
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Current Use
Location Intelligence
Trade Area within ½ mile
777
Businesses Nearby
Under-served
Demand for This Use
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
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Industrial in South region
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Similar Off Market Nearby
- Simply Delicious Catering — 1769 Blount Rd, Pompano Beach, FL 33069
Frequently Asked Questions
What type of property is this?
Flex space - I-1 zoned space ideal for e-commerce, warehousing, or manufacturing.
Where is this flex space located?
The property is located at 1773 Blount Rd Unit 311 Pompano Beach, FL.
What is the asking price?
The asking price for this property is $355,000.
What are key features of this property?
This property features: I‑1 Zoning ideal for e‑commerce, warehousing, light manufacturing, or live/work.; Strategic location with immediate access to the Turnpike and major highways, minutes from FedEx, UPS, and USPS.; Fully air‑conditioned with **20' ceiling height** and industrial steel warehouse racking and shelving systems with multi‑level mezzanine storage platforms.
