Air-Conditioned Double
1777 Blount Road 515 Pompano Beach, FL 33069
1777 Blount Road 515, Pompano Beach, FL, 33069
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For Sale
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Fully air-conditioned double warehouse with office/personal space, two motorized grade-level doors, and two bathrooms.
Property Size850 SF
Price / SF$564.71
Days on Market83
Property Features for 1777 Blount Road 515
General Information
- Standard status
- Active
- Size
- 850 SF
- Property subtype
- Industrial
Building Details
- Year Built
- 1983
Listing agency
eXp Realty
(954) 347-1732
Listed by
Amy McGrotty · License #BK3418995
Source
Crexi
Added: May 1 Updated: Jul 21 at 10:06PM Checked: Jul 21 at 10:06PM
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
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
Local Financial Insights For Office B
Simulate Cap Rate and NOI
NOI Build-Up
- 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.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $26.3k | $30.96 |
| − Vacancy | −$3.9k | −$4.64 |
| EGI | $22.4k | $26.32 |
| − OpEx | −$5.6k | −$6.58 |
| NOI | $16.8k | $19.74 |
850 SF · lease $30.96/SF/yr · vacancy 15.00% · expense 25.00%
Alternative Uses
Best Use
Office B
$239.7K
$209.7K – $279.6K
NOI $16,776 @ 7.0% cap · market cap 3.50%
Second Best
Flex RnD
$162.0K
$141.7K – $189.0K
NOI $11,337 @ 7.0% cap · market cap 2.36%
Theoretical Best
Office A
$331.5K
$290.1K – $386.8K
NOI $23,205 @ 7.0% cap · market cap 4.83%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Ingenium Engineering
Engineer
Genesis Alliance Group, ...
Construction Company
Cruz Corp Roofing, ...
Roofing Company
Xtreme Marine Detail
Military Base
Academy Electric Inc.
Electrical Service
Similar For Sale Nearby
Similar Off Market Nearby
- Simply Delicious Catering — 1769 Blount Rd, Pompano Beach, FL 33069
FAQs
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 Road 515 Pompano Beach, FL.
What is the asking price?
The asking price for this property is $480,000.
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
