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    1141 W Mcnab Rd Pompano Beach, FL 33069
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    Property profile & analytics

    1141 W Mcnab Rd, Pompano Beach, FL 33069

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    • Warehouses
    • 10,143 SF
    • 0.60 lot acres
    For Sale
    $1,370,000
    View Listing →
    Restaurant & Café For Sale For Sale
    $1,370,000
    1,775 SF

    Restaurant & Café For Sale

    Turnkey restaurant opportunity in Pompano Beach with existing equipment.

    1141 W Mcnab Rd, Pompano Beach, FL
    View Listing
    Property ID
    US18-4645404
    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.
    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Gng Complete Carpentry / General Contractor
    • German Auto Specialists / Auto Repair Shop
    • Greenhouse Kafe / Restaurant
    • Jacko's Complete Auto Service / Auto Repair Shop
    • Fat Belly Sandwich Co. / Take-out & Catering

    Property Details for 1141 W Mcnab Rd

    Year built
    1980
    Construction
    CONCRETE
    Lot size
    0.60 lot acres
    Zone code
    I-1
    Property type
    Warehouses
    Property subtype
    Self storage facilities
    APN
    49-42-03-06-0060
    APU
    494203060060

    Sales History

    Date Price Buyer Seller Deed Type Mortgage
    Oct 7, 2020 — Dpg 2002 Investments INC — Deed · related $65k · Desjardins Bk
    Dec 27, 2019 $1,285,000 Dpg 2002 Investments INC Nancy K Mcneal Warranty Deed $500k · Desjardins Bk NA
    May 27, 2008 — Mcneal Nancy K Living Trust Mcneal,nancy K Quit Claim Deed · related —
    — — Dpg 2002 Investments INC — Loan Modification · related $65k · Desjardins Bk

    Description

    This exceptional turnkey auto repair business, located at 1141 W McNab Rd in Pompano Beach, Florida (33069), presents a rare investment opportunity. Priced at $495,000, this established business boasts a five-star rating and a loyal customer base cultivated over 21 years at its current location and more than 40 years in operation overall. The 3200 square foot facility, built in 1980, is strategically situated on a busy corner, ensuring high visibility and consistent traffic. The well-equipped shop includes four service lifts and an alignment lift, capable of servicing both foreign and domestic vehicles. All necessary tools, diagnostic equipment, and inventory are included in the sale, minimizing the initial investment required for a new owner. The current owners are retiring and will offer support during the transition period to ensure a smooth handover. Serious inquiries only

    Value Estimations

    based on Realmo’s proprietary methodology

    • CAP approach

      CAP Return
      Estimation
      6%
      $1,600,000
      6.5%
      $1,480,000
      7%
      $1,375,000

    • Comparable approach

      Method
      Estimation
      AI Estimate
      $1,392,000
      Market price range: $645k - $3.12M

    Get a detailed, property-specific estimation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    Pompano Beach
    County
    Broward
    State
    Florida
    Longitude
    -80.1406
    Latitude
    26.2112
    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
    $27,434
    $235,000
    $1,048,480
    $1,283,480
    -
    $235,000
    $1,048,480
    $1,283,480

    Comparable in this City

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      2099 Atlantic Blvd

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    • Value Estimation
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      2250 Powerline Rd

      MINI-WAREHOUSE, STORAGE
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    • Value Estimation
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      11,750 SF

      2201 15th Ave, Unit 2221

      MINI-WAREHOUSE, STORAGE
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    • Value Estimation
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      137,237 SF

      500 12th Ave

      MINI-WAREHOUSE, STORAGE
      500 12th Ave, Pompano Beach, FL 33069-3506
      View Details

    Similar Nearby for Sale

    • Contact for pricing
      42,678 SF

      Pompano Beach Industrial Warehouse

      Multi-tenant industrial warehouse in Pompano Beach, Florida.
      2303 W Mcnab Rd, Pompano Beach, FL 33069
      View Details
    • $215,000
      623 SF

      Pompano Beach Flex Space

      Flex space with mezzanine office and warehouse storage.
      1771 Blount Rd, Pompano Beach, FL 33069
      View Details
    • Contact for pricing

      Warehouse with Offices For Sale

      Warehouse with offices and bathrooms on two floors.
      1791 Blount Rd, Pompano Beach, FL 33069
      View Details
    • $375,000

      Pompano Beach Warehouse with Offices

      Warehouse with office space, near Turnpike in Pompano Beach.
      1769 Blount Rd, Pompano Beach, FL 33069
      View Details
    • Contact for pricing

      Warehouse Space in Pompano Beach

      Warehouse in Pompano Beach industrial district, flexible layout, immediate occupancy.
      1775 Blount Rd, Pompano Beach, FL 33069
      View Details

    Similar Nearby for Lease

    • Contact for pricing

      Pompano Beach Warehouse with Storage

      28,919 SF warehouse with office and large storage yard.
      1401 SW 8Th St, Pompano Beach, FL 33069
      View Details
    • $1,800 /Mo

      Pompano Beach Flex Space

      Flex space with office, garage, and communal parking.
      1773 Blount Rd, Pompano Beach, FL 33069
      View Details
    • $21 SF/Yr

      Pompano Beach Industrial/Warehouse Park

      91,441 SF industrial park near Copans and Powerline Roads.
      2520 N Powerline Rd, Pompano Beach, FL 33069
      View Details
    • Contact for pricing
      24,695 SF

      Pompano Beach Flex/Industrial Space

      Flex/industrial space available for rent in Pompano Beach, Florida.
      1855-1893 SW 3Rd St, Pompano Beach, FL 33069
      View Details
    View Listing
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    Pompano Beach, FL 33069
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    Realmo Value Estimations

    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.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    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.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

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

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    1141 W Mcnab Rd, Pompano Beach, FL, 33069
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