Warehouse with Offices For
For Sale
$365,000
1791 Blount Road 606, Pompano Beach, FL 33069
Warehouse with offices and bathrooms on two floors.
Property Size975 SF
Price / SF$374.36
Days on Market220
Property Features for 1791 Blount Road 606
General Information
Standard status
Active
Size
975 SF
Building Details
Year Built
1984
Listing Agency:
EXP Realty LLC
Listed By:
Amy McGrotty · License #B26026538
(954) 347-1732
Source:
Thepennteam
Added: Mar 26
Changed: Oct 25
Last Checked: Oct 7 at 1:48PM
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 property presents an opportunity to invest in a warehouse featuring a second floor that includes two offices and a full bathroom. The ground floor also contains a small office and a half bathroom. The property is located in Pompano Beach, Florida.
Key Highlights
- Warehouse with second floor offices
- Two offices and full bathroom on second floor
- Small office and half bathroom on ground floor
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$19,244
Cap Rate
5.27%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$384,880
$384.9K
Cap Rate 7%
$274,914
$274.9K
Cap Rate 9%
$213,822
$213.8K
Market Conditions
NOI Build-Up for 975 SF
Gross rent
$30.2K $30.96/SF
− Vacancy
−$4.5K −$4.64/SF
EGI
$25.7K $26.32/SF
− OpEx
−$6.4K −$6.58/SF
NOI
$19.2K $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%
$384,880
Cap Rate 7%
$274,914
Cap Rate 9%
$213,822
Alternative Uses
Best Use
Office B
$274.9K
$240.6K – $320.7K
NOI $19,244 @ 7.0% cap · market cap 5.27%
Second Best
Warehouse
$102.3K
$89.5K – $119.4K
NOI $7,161 @ 7.0% cap · market cap 1.96%
Theoretical Best
Office A
$380.3K
$332.7K – $443.6K
NOI $26,618 @ 7.0% cap · market cap 7.29%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
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Current Use
Location Intelligence
Trade Area within ½ mile
777
Businesses Nearby
Well-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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Market
Vacancy Rate% for Office in South region
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- BSO Evidence Storage — 1600 NW 30th Ave, Pompano Beach, FL 33069
Frequently Asked Questions
What type of property is this?
Warehouse - Warehouse with offices and bathrooms on two floors.
Where is this warehouse located?
The property is located at 1791 Blount Road 606 Pompano Beach, FL.
What is the asking price?
The asking price for this property is $365,000.
What are key features of this property?
This property features: Warehouse with second floor offices; Two offices and full bathroom on second floor; Small office and half bathroom on ground floor
