600 28Th Ct Pompano Beach, FL 33064
- Warehouses
- 7,350 SF
- 0.24 lot acres
Current Use by Public Records
- Continental Van Lines / Transportation Service / Shipping Company
- Well Max Motors LLC. / Motor Vehicle Dealer
Property Details for 600 28Th Ct
- Year built
- 1968
- Construction
- CONCRETE
- Lot size
- 0.24 lot acres
- Property size
- 7,350 SF
- Zone code
- I-1
- Property type
- Warehouses
- APN
- 48-42-24-27-0320
- APU
- 484224270320
Description
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.
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $1,295,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $1,655,000
- 6.5%
- $1,585,000
- 7%
- $1,755,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $1,745,000
- Geo Method
- $1,585,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $1,455,000
- Retail
- $1,730,000
- Mixed-Use
- $1,720,000
- Hospitality
- $1,930,000
- Educational
- $1,825,000
- Residential Income
- $1,830,000
- Energy
- $1,480,000
- Income-Based Land
- $1,910,000
- Food Service
- $2,025,000
Location Insight
- Map
- Local Demand
- City
- Pompano Beach
- County
- Broward
- State
- Florida
- Longitude
- -80.1141
- Latitude
- 26.2661
- CBSA code
- 33100
- CBSA name
- MIAMI-FORT LAUDERDALE-MIAMI BEACH, FL METROPOLITAN STATISTICAL AREA
