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    600 28Th Ct Pompano Beach, FL 33064

    Sponsored
    For Sale
    $2,600,000

    7350 SF Warehouse, 100% Leased

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional 7350-square-foot warehouse, located at 600 NE 28th Court in Pompano Beach, Florida, presents a compelling investment opportunity. Built in 1968, this industrial property is situated within the desirable Eastcoast Industrial Center and is currently 100% leased, providing immediate and consistent cash flow. The warehouse comprises three individual units, each measuring 2450 square feet, offering flexibility and potential for future expansion or subdivision. The property's zoning designation is I-1, allowing for a wide range of industrial uses, notably including automotive-related businesses – a rare and valuable attribute in this area. The lot size is not currently specified. This prime location in Pompano Beach, Florida (zip code 33064), offers excellent access to major transportation routes, making it an ideal distribution hub. The property's strong occupancy rate, combined with its unique zoning and strategic location, makes it an attractive asset for discerning investors seeking a stable and potentially appreciating investment in the thriving South Florida market. The asking price for this exceptional warehouse is $2,600,000.

    Property Features for 600 28Th Ct

    General Information

    Property type
    Distribution properties

    Building Details

    Year Built
    1968

    HighLights

    • 7,350 SF warehouse, 100% leased, generating immediate cash flow.
    • Three 2,450 SF units offer flexibility.
    • I‑1 zoning allows for diverse industrial uses, including automotive businesses.
    • Prime Pompano Beach location (33064) with excellent access to major transportation routes.
    • Asking price: $2,600,000.
    Property Profile Location Intelligence

    Current Use by Public Records

    Continental Van Lines Shipping Company Well Max Motors ... Motor Vehicle Dealer

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Gym & Fitness Building Supply

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Pompano Beach
    County
    Broward
    State
    Florida
    Longitude
    -80.1141351
    Latitude
    26.2660597

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    FAQs

    What type of property is this?
    Distribution property - 7350 SF Warehouse, 100% Leased
    Where is this distribution property located?
    The property is located at 600 28Th Ct Pompano Beach, FL.
    What is the asking price?
    The asking price for this property is $2,600,000.
    What are key features of this property?
    This property features: 7,350 SF warehouse, 100% leased, generating immediate cash flow.; Three 2,450 SF units offer flexibility.; I-1 zoning allows for diverse industrial uses, including automotive businesses.
    Request Owner's contact information
    600 28Th Ct Pompano Beach, FL 33064
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    Pompano Beach, FL 33064
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    600 28Th Ct Pompano Beach, FL 33064
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