Air-Conditioned Double
For Sale
$399,000
1777 Blount Road 515, Pompano Beach, FL 33069
Includes two levels of office space, grade-level loading, and flexible industrial functionality.
Property Size850 SF
Price / SF$469.41
Days on Market54
Property Features for 1777 Blount Road 515
General Information
Standard status
Active
Size
850 SF
Zoning
I-1
Warehouse & Industrial
Clear Height
16 ft
Drive-In Doors
2
Conditioned Warehouse
Yes
Additional Details
Highway Access
Yes
Building Details
Year Built
1983
Listing Agency:
EXP Realty LLC
Listed By:
Amy McGrotty · License #B26026538
(954) 347-1732
Source:
Thepennteam
Added: Sep 9
Changed: Oct 25
Last Checked: Oct 11 at 10:57AM
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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Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This 1983 warehouse property combines two connected warehouse areas with full air conditioning and a functional office component. One side includes two levels of office or personal space, while the warehouse area provides approximately 16-foot clear ceilings, two motorized grade-level overhead doors, and two bathrooms. The configuration can accommodate owner occupancy with space for a separate tenant on the other side.
The property is positioned in an I-1 industrial corridor near the Turnpike and I-95, providing access to regional transportation routes. A concrete T-roof installed in 2017 adds a significant capital improvement to the building. The combination of conditioned space, office areas, loading access, and industrial zoning supports a range of service, industrial, and creative uses.
The property is positioned in an I-1 industrial corridor near the Turnpike and I-95, providing access to regional transportation routes. A concrete T-roof installed in 2017 adds a significant capital improvement to the building. The combination of conditioned space, office areas, loading access, and industrial zoning supports a range of service, industrial, and creative uses.
Key Highlights
- Approximately 16' clear ceilings in the warehouse area
- Two motorized grade‑level overhead doors
- Fully air‑conditioned double warehouse configuration
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.
How Realmo checks its estimates
Property Analytics
Current Use
Lease Details
16 ft
Clear height
2
Drive-in doors
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
777
Businesses Nearby
Well-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
Market
Vacancy Rate% for Industrial in South region
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Frequently Asked Questions
What type of property is this?
Warehouse - Includes two levels of office space, grade-level loading, and flexible industrial functionality.
Where is this warehouse 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 $399,000.
What are key features of this property?
This property features: Approximately 16' clear ceilings in the warehouse area; Two motorized grade‑level overhead doors; Fully air‑conditioned double warehouse configuration
