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    956 12Th Ave Pompano Beach, FL 33069

    For Sale
    $5,500,000

    13,286 SF Warehouse, $5.5M

    Property size:
    13,286 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    369
    This exceptional Pompano Beach industrial property offers 13,286 square feet of versatile space, ideal for distribution, manufacturing, or warehousing. Situated on a substantial 61,688-square-foot lot, this single-unit building boasts I-1 zoning, allowing for a variety of uses. Built in 1970, the property is offered at $5,500,000, translating to $413.97 per square foot. The gross lease structure simplifies tenancy. Its prime location in Broward County, Florida (zip code 33069), provides easy access to major transportation arteries, making it strategically advantageous for logistics and distribution businesses. The property is delivered with unity of title, ensuring a streamlined ownership transfer. This well-maintained asset presents an excellent opportunity for repositioning and rental income growth within a highly sought-after industrial submarket. The property's excellent visibility and location contribute to its significant appeal.

    Property Features for 956 12Th Ave

    General Information

    Property type
    Distribution properties
    Square Feet
    13,286 SF

    Building Details

    Year Built
    1970
    Buildings
    1
    Units
    1

    HighLights

    • High visibility and excellent exposure.
    • Exceptionally well‑maintained building.
    • Value‑add opportunity: increase rents on future leases.
    • Prime location in the desirable Pompano/Lauderdale industrial submarket.
    • Located in a preferred, highly sought‑after industrial area.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Manufacturing properties

    Suggested Use

    Restaurant Realty agency Law Firm Spa & Massage Dental Office Building Supply Wholesale Shop Hair Salon Auto Repair Shop Clothing Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Pompano Beach
    County
    Broward
    State
    Florida
    Longitude
    -80.138470659481
    Latitude
    26.217306376131

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    FAQs

    What type of property is this?
    Distribution property - 13,286 SF Warehouse, $5.5M
    Where is this distribution property located?
    The property is located at 956 12Th Ave Pompano Beach, FL.
    What is the asking price?
    The asking price for this property is $5,500,000.
    What are key features of this property?
    This property features: High visibility and excellent exposure.; Exceptionally well-maintained building.; Value-add opportunity: increase rents on future leases.
    Request Owner's contact information
    956 12Th Ave Pompano Beach, FL 33069
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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
    956 12Th Ave Pompano Beach, FL 33069
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