Flex Space with
New
For Sale
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1791 Blount Road #701, Pompano Beach, FL 33069
The unit combines warehouse capacity, mezzanine area, and a second-floor office, with a roll-up door and restroom.
Property Size3,121 SF
Price / SF$1.23
Days on Market5
Property Features for 1791 Blount Road #701
General Information
Standard status
Active
Size
3,121 SF
Property subtype
Industrial
Zoning
I-1
Warehouse & Industrial
Warehouse Space
1,915 SF
Office Build-Out
106 SF
Mezzanine
1,100 SF
Additional Details
Highway Access
Yes
Building Details
Year Built
1984
Listing Agency:
Total R E Consultants Inc
Listed By:
J. Josep D Pelayo · License #3005451
(954) 341-3294
Source:
Lehmannflorida
Added: Oct 18
Changed: Oct 21
Last Checked: Oct 21 at 2:03AM
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 Total R E Consultants Inc
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Investment Insights
Based on property information with market context.
This flex property at Turnpike Commercial Plaza contains approximately 3,121± square feet, arranged as 1,915± square feet of warehouse space, a 1,100± square foot mezzanine, and a 106± square foot office within the mezzanine. A roll-up door and one restroom are also included.
The property is zoned I-1 (General Industrial) and is located in Pompano Beach. Florida’s Turnpike is accessible from the site, with connectivity across Broward County.
The property is zoned I-1 (General Industrial) and is located in Pompano Beach. Florida’s Turnpike is accessible from the site, with connectivity across Broward County.
Key Highlights
- 3,121± square feet total, including 1,915± square feet of warehouse space
- 1,100± square foot mezzanine with a 106± square foot office
- I‑1 (General Industrial) zoning
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$18,876
Suggested Prices Based on Cap Rates
Cap Rate 5%
$377,520
$377.5K
Cap Rate 7%
$269,657
$269.7K
Cap Rate 9%
$209,733
$209.7K
Market Conditions
NOI Build-Up for 3,121 SF
Gross rent
$27.7K $8.88/SF
− Vacancy
−$748 −$0.24/SF
EGI
$27.0K $8.64/SF
− OpEx
−$8.1K −$2.59/SF
NOI
$18.9K $6.05/SF
Area
Pompano Beach, FL
Vacancy
2.70%
Lease Rate
$8.88 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$377,520
Cap Rate 7%
$269,657
Cap Rate 9%
$209,733
Alternative Uses
Best Use
Flex RnD
$594.7K
$520.4K – $693.8K
NOI $41,628 @ 7.0% cap · market cap 1,086.89%
Second Best
Warehouse
$327.4K
$286.5K – $382.0K
NOI $22,921 @ 7.0% cap · market cap 598.46%
Theoretical Best
Office A
$1.22M
$1.07M – $1.42M
NOI $85,203 @ 7.0% cap · market cap 2,224.62%
Zoning and permitted uses should be independently verified with authorities.
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Current Use
Lease Details
Yes
Highway access
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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Market
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 - The unit combines warehouse capacity, mezzanine area, and a second-floor office, with a roll-up door and restroom.
Where is this flex space located?
The property is located at 1791 Blount Road #701 Pompano Beach, FL.
What are key features of this property?
This property features: 3,121± square feet total, including 1,915± square feet of warehouse space; 1,100± square foot mezzanine with a 106± square foot office; I‑1 (General Industrial) zoning
