1759 Banks RdMargate, FL 33063

For Sale
$434,900 View listing
  • Warehouses
  • 1,642 SF

Property Details for 1759 Banks Rd

Year built
2005
Construction
CONCRETE
Lot size
0.04 AC
Property size (Sq ft)
1,642 SF
Zone code
M-1A
Property type
Warehouses
APN
48-42-30-33-0640
APU
484230330640

Description

This exceptional 1,642 square foot warehouse flex space, built in 2005, is located in the well-maintained Banks Business Park in Margate, Florida (33063). The property boasts 22-foot ceilings, a concrete roof, and a large bay roll-up door, making it ideal for a variety of businesses. The single-story building includes a half bath and an open work area, perfect for both storage and operations. Two assigned parking spaces are provided, along with ample guest parking. The M-1A zoning allows for a wide range of uses, from warehousing to professional and trade services. This location offers easy access to major transportation routes, including the Turnpike, I-95, and US-441, placing your business within minutes of key arteries. The surrounding area is convenient, with nearby gas stations, restaurants, shopping centers, and other essential business services. The property is situated amongst complementary businesses, including home improvement contractors and medical suppliers, creating a synergistic business environment. This is a prime opportunity for businesses seeking to establish or expand their operations in a thriving location. The asking price for this well-maintained warehouse is $434,900.

Valuation
by Realmo methods

Valuation date:
Dec 11, 2024
  • Alternative Use

    Use
    Valuation
    Residential
    $558,769
    Hospitality
    $511,830
    Educational
    $425,836
    Medical
    $440,481
    Retail
    $662,412
1759 Banks Rd, Margate, Florida
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Location Insight

City
Margate
County
Broward
State
Florida
Latitude
26.2526
Longitude
-80.1965
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
$6,460
$32,520
$295,480
$328,000
-
$32,520
$295,480
$328,000

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