Two-Story Flex Industrial
For Sale
$250,000
1775 Blount Rd Unit 410, Pompano Beach, FL 33069
I-1 zoning supports office, storage, distribution, and service-based business uses.
Property Size870 SF
Price / SF$287.36
Days on Market85
Property Features for 1775 Blount Rd Unit 410
General Information
Standard status
Active
Size
870 SF
Zoning
I-1
Site & Location
Highway Access
Yes
Road Access
Yes
Building Details
Year Built
1983
Stories
2
Listing Agency:
APEX Capital Realty LLC
Listed By:
Miguel Angel Pinto · License #3313310
(305) 570-2600
Source:
Thepennteam
Added: Jul 21
Changed: Oct 10
Last Checked: Oct 7 at 4:28PM
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 APEX Capital Realty LLC
Investment Insights
Based on property information with market context.
This two-level flex industrial condominium contains ±870 SF, arranged as approximately ±435 SF on each floor. The interior offers an open configuration suited to combining office functions with operational space. An electric roll-up bay door supports goods movement, while on-site parking and signage above the unit add practical functionality for an operating business.
The property is located at 1775 Blount Rd Unit 410 in Pompano Beach, with connections to the Florida Turnpike, I-95, West Copans Road, and West Atlantic Boulevard. I-1 General Industrial zoning supports a range of stated uses, including light manufacturing, storage, distribution, and service-based businesses. Built in 1983, the unit provides a flexible format for an owner-user seeking office and industrial space in one condominium.
The property is located at 1775 Blount Rd Unit 410 in Pompano Beach, with connections to the Florida Turnpike, I-95, West Copans Road, and West Atlantic Boulevard. I-1 General Industrial zoning supports a range of stated uses, including light manufacturing, storage, distribution, and service-based businesses. Built in 1983, the unit provides a flexible format for an owner-user seeking office and industrial space in one condominium.
Key Highlights
- ±870 SF industrial condo configured across two floors
- Approximately ±435 SF on each floor
- I‑1 (General Industrial) zoning
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$17,171
Cap Rate
6.87%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$343,420
$343.4K
Cap Rate 7%
$245,300
$245.3K
Cap Rate 9%
$190,789
$190.8K
Market Conditions
NOI Build-Up for 870 SF
Gross rent
$26.9K $30.96/SF
− Vacancy
−$4.0K −$4.64/SF
EGI
$22.9K $26.32/SF
− OpEx
−$5.7K −$6.58/SF
NOI
$17.2K $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%
$343,420
Cap Rate 7%
$245,300
Cap Rate 9%
$190,789
Alternative Uses
Best Use
Office B
$245.3K
$214.6K – $286.2K
NOI $17,171 @ 7.0% cap · market cap 6.87%
Second Best
Flex RnD
$165.8K
$145.1K – $193.4K
NOI $11,604 @ 7.0% cap · market cap 4.64%
Theoretical Best
Office A
$339.3K
$296.9K – $395.9K
NOI $23,751 @ 7.0% cap · market cap 9.50%
Zoning and permitted uses should be independently verified with authorities.
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Current Use
Lease Details
Yes
Highway access
Yes
Paved road access
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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Market
Vacancy Rate% for Office 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 zoning supports office, storage, distribution, and service-based business uses.
Where is this flex space located?
The property is located at 1775 Blount Rd Unit 410 Pompano Beach, FL.
What is the asking price?
The asking price for this property is $250,000.
What are key features of this property?
This property features: ±870 SF industrial condo configured across two floors; Approximately ±435 SF on each floor; I‑1 (General Industrial) zoning
