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Property profile & analytics

1735 Banks Rd Margate, FL 33063

  • Warehouses
  • 2,273 SF
  • 0.05 lot acres
Value Estimation
Last Sale
Jul 01, 2025
$720,000
Location Intelligence
Property ID
US19-0161870
The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

Current Use by Public Records

  • Warehouses

Property Details for 1735 Banks Rd

Year built
2004
Construction
CONCRETE
Lot size
0.05 lot acres
Property size
2,273 SF
Zone code
M-1A
Property type
Warehouses
APN
48-42-30-33-0180
APU
484230330180

Description

This exceptional 4,500 square foot flex office/warehouse property is ideally situated in North Broward County's Margate, offering unparalleled convenience and accessibility. The unit boasts a versatile layout, currently configured with approximately 2,250 square feet of office space and the remaining area adaptable for warehouse use. The office space features two spacious private offices, a smaller reception area, and a single ADA-compliant bathroom complete with a shower. A large open bullpen area offers flexibility, potentially convertible back to warehouse space to suit a variety of business needs. The entire bay is fully air-conditioned for optimal comfort. The warehouse area itself benefits from impressive ceiling heights exceeding 20 feet, providing ample vertical storage capacity. Access is facilitated by a 12x14 grade-level overhead door, perfect for loading and unloading. Two designated parking spaces are included for added convenience. The property enjoys excellent visibility with frontage on Banks Road. This property is zoned M1-A, allowing for light industrial uses. The property is available for purchase at $795,000 and is also available for lease, with occupancy commencing March 1st, 2025. The 0.1-acre lot provides ample space for operations.

Value Estimation

by Realmo proprietary methodology Last update: July 3, 2025
  • AI approach

    CAP return
    Estimation
    Estimation
    $390,000
  • CAP approach

    CAP return
    Estimation
    6%
    $360,000
    6.5%
    $380,000
    7%
    $330,000
  • Comparable approach

    Method
    Estimation
    Relative Method
    $315,000
    Geo Method
    $345,000
  • Alternative Use

    Use
    Estimation
    Distribution
    $405,000
    Retail
    $305,000
    Mixed-Use
    $320,000
    Hospitality
    $390,000
    Educational
    $405,000
    Residential Income
    $405,000
    Energy
    $370,000
    Income-Based Land
    $370,000
    Food Service
    $395,000

Location Insight

  • Map
  • Local Demand
City
Margate
County
Broward
State
Florida
Longitude
-80.195
Latitude
26.2528
CBSA code
33100
CBSA name
MIAMI-FORT LAUDERDALE-MIAMI BEACH, FL METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$8,636
$45,000
$413,050
$458,050
-
$45,000
$413,050
$458,050
More about this property
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