Air-Conditioned Double
1777 Blount Rd Unit 515, Pompano Beach, FL 33069
For Sale
$399,000
Fully air-conditioned double warehouse with office/personal space, two motorized grade-level doors, and two bathrooms.
Property Size850 SF
Price / SF$469.41
Days on Market184
Property Features for 1777 Blount Rd Unit 515
General Information
Standard status
Size
Building Details
Year Built
Listing Agency:
EXP Realty LLC
Listed By:
Amy McGrotty · License #B26026538
(954) 347-1732
Source:
Chenoregroup
Added: May 8
Changed: Oct 26
Last Checked: Oct 23 at 10:26AM
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 EXP Realty LLC
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Investment Insights
Based on property information with market context.
This fully air-conditioned double warehouse includes a combination of two levels of office/personal space on one side and a spacious warehouse layout. The property features approximately 16' clear ceilings, two motorized grade-level overhead doors, and two bathrooms. The configuration is well-suited for owner use while also supporting an income approach with an additional tenant on the other side.
The building is described as being located near the Turnpike and I-95 within a high-demand I-1 industrial corridor, with easy access to both.
Additional improvements cited include a concrete T-roof installed in 2017.
The building is described as being located near the Turnpike and I-95 within a high-demand I-1 industrial corridor, with easy access to both.
Additional improvements cited include a concrete T-roof installed in 2017.
Key Highlights
- Fully air‑conditioned double warehouse with two levels of office/personal space on one side
- Approx. 16' clear ceiling height and spacious industrial layout
- Two motorized grade‑level overhead doors
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$11,337
Cap Rate
2.84%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$226,740
$226.7K
Cap Rate 7%
$161,957
$162.0K
Cap Rate 9%
$125,967
$126.0K
Market Conditions
NOI Build-Up for 850 SF
Gross rent
$18.4K $21.60/SF
− Vacancy
−$918 −$1.08/SF
EGI
$17.4K $20.52/SF
− OpEx
−$6.1K −$7.18/SF
NOI
$11.3K $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%
$226,740
Cap Rate 7%
$161,957
Cap Rate 9%
$125,967
Alternative Uses
Best Use
Flex RnD
$162.0K
$141.7K – $189.0K
NOI $11,337 @ 7.0% cap · market cap 2.84%
Second Best
Warehouse
$89.2K
$78.0K – $104.1K
NOI $6,243 @ 7.0% cap · market cap 1.56%
Theoretical Best
Office A
$331.5K
$290.1K – $386.8K
NOI $23,205 @ 7.0% cap · market cap 5.82%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
Who owns this building?
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Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
777
Businesses Nearby
Under-served
Demand for This Use
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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
$253,000
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Average Price Trend$/SF for Flex space in Pompano Beach, FL
Properties on Market for Flex space in Pompano Beach
Vacancy Rate% for Industrial in South region
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 - Fully air-conditioned double warehouse with office/personal space, two motorized grade-level doors, and two bathrooms.
Where is this flex space located?
The property is located at 1777 Blount Rd Unit 515 Pompano Beach, FL.
What is the asking price?
The asking price for this property is $399,000.
What are key features of this property?
This property features: Fully air‑conditioned double warehouse with two levels of office/personal space on one side; Approx. 16' clear ceiling height and spacious industrial layout; Two motorized grade‑level overhead doors
