1481 26th Ave Pompano Beach, FL 33069-4315
This exceptional investment opportunity presents a thriving, multi-tenant retail property located at 1481 SW 26th Ave, Pompano Beach, Florida, 33069. The property, built in 1973, encompasses a 2,481 square foot building situated on a substantial 38,370 square foot lot, zoned CG. Currently operating as a Mobil Gas Station with a convenience store and QSR/fast food component, this property boasts 100% occupancy with two tenants. The property features six gas pumps, recently upgraded in late 2023, and a hand car wash. The current business hours are 6 AM to 8 PM, presenting significant potential for increased revenue with extended operating hours. The asking price is $1,150,000, translating to $463.52 per square foot. Rent bumps are included in the lease agreements. This fee-simple ownership opportunity includes the added benefit of a potential property purchase option with a prorated credit available. This high-net business, located on a major thoroughfare, offers a strong return on investment and significant upside potential for a new owner. The property's current success, coupled with the potential for expansion, makes this a truly compelling investment.
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Mobil Gas Station
The General Industrial (I-1) district is established and intended to accommodate a wide range of light and moderate manufacturing, assembly, fabrication, processing, distribution, warehousing, research anddevelopment, and other industrial usesbut not heavy or hazardous manufacturing processes. The district may also include some uses that are ancillary toindu…
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
I-1 · Pompano Beach, FLThe General Industrial (I-1) district is established and intended to accommodate a wide range of light and moderate manufacturing, assembly, fabrication, processing, distribution, warehousing, research anddevelopment, and other industrial usesbut not heavy or hazardous manufacturing processes. The district may also include some uses that are ancillary toindustrial development(e.g., vocational schools, business support services) or provide convenience services to industrial employees (e.g., child care facilities,gasoline filling stations, banks), as well as some uses that may be inappropriate in residential or commercial districts (e.g., animal shelter, kennel, sport shooting range).
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.