Warehouse Condo with Office
For Sale
$350,000
1791 Blount Road #607, Pompano Beach, FL 33069
Well-maintained 975 SF warehouse condo includes an office area and high ceilings in Turnpike Commercial Plaza.
Property Size975 SF
Days on Market83
Property Features for 1791 Blount Road #607
General Information
Standard status
Active
Size
975 SF
Total Parking Spaces
2
Zoning
I-1
Taxes and HOA fees
Annual Taxes
$5,001
Building Details
Building Size
975 SF
Year Built
1984
Stories
1
Listing Agency:
America Realty, Inc.
Listed By:
Vaneska M Freitas
(954) 274-6965
Source:
Laerrealty
Added: Jul 24
Changed: Oct 2
Last Checked: Oct 12 at 4:41PM
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 America Realty, Inc.
Investment Insights
Based on property information with market context.
This well-maintained 975 SF warehouse condo offers a practical combination of warehouse space and office area, with high ceilings throughout the warehouse portion. The layout supports flexible light industrial and workspace needs for an owner-user or an investor looking for a warehouse condo configuration.
The unit is located in Turnpike Commercial Plaza and is just minutes from Florida’s Turnpike, providing convenient regional access for business operations.
The offering is for sale and includes the warehouse condo unit at 1791 Blount Road, #607, in Pompano Beach, Florida.
The unit is located in Turnpike Commercial Plaza and is just minutes from Florida’s Turnpike, providing convenient regional access for business operations.
The offering is for sale and includes the warehouse condo unit at 1791 Blount Road, #607, in Pompano Beach, Florida.
Key Highlights
- 975 SF warehouse condo in Turnpike Commercial Plaza
- Well‑maintained unit with warehouse space plus office area
- High ceilings in the warehouse portion
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$13,005
Cap Rate
3.72%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$260,100
$260.1K
Cap Rate 7%
$185,786
$185.8K
Cap Rate 9%
$144,500
$144.5K
Market Conditions
NOI Build-Up for 975 SF
Gross rent
$21.1K $21.60/SF
− Vacancy
−$1.1K −$1.08/SF
EGI
$20.0K $20.52/SF
− OpEx
−$7.0K −$7.18/SF
NOI
$13.0K $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%
$260,100
Cap Rate 7%
$185,786
Cap Rate 9%
$144,500
Alternative Uses
Best Use
Flex RnD
$185.8K
$162.6K – $216.8K
NOI $13,005 @ 7.0% cap · market cap 3.72%
Second Best
Warehouse
$102.3K
$89.5K – $119.4K
NOI $7,161 @ 7.0% cap · market cap 2.05%
Theoretical Best
Office A
$380.3K
$332.7K – $443.6K
NOI $26,618 @ 7.0% cap · market cap 7.61%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
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Current Use
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
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Industrial 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 - Well-maintained 975 SF warehouse condo includes an office area and high ceilings in Turnpike Commercial Plaza.
Where is this flex space located?
The property is located at 1791 Blount Road #607 Pompano Beach, FL.
What is the asking price?
The asking price for this property is $350,000.
What are key features of this property?
This property features: 975 SF warehouse condo in Turnpike Commercial Plaza; Well‑maintained unit with warehouse space plus office area; High ceilings in the warehouse portion
