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Property profile & analytics
OFF-MARKET Estimated value $1,230,000
Office buildings

1501 Atlantic Blvd 1541 Pompano Beach, FL 33060-6748

5,132 SF 0.35 ac lot Built 1970
Entity Owned 11-yr Hold Free & Clear
Property ID
US18-1175595
Property summary
AI-generated overview

This exceptional 1.7-acre industrial land parcel in Pompano Beach, Florida, presents a compelling investment opportunity for both owner-users and developers. Located at 1501 W Atlantic Blvd, this property boasts 240 feet of direct frontage on West Atlantic Boulevard, experiencing an average daily traffic count of 50,000 vehicles. The I-1 General Industrial zoning allows for a wide variety of uses, and the site's proximity to I-95 (less than a quarter-mile west) ensures excellent accessibility. The property has recently undergone platting, significantly streamlining the development process, potentially saving approximately 15 months compared to unplatted land. Architectural plans, commissioned by the current owner, illustrate the potential for a 36,993 square foot building with 18 parking spaces, adhering to Pompano Beach zoning regulations. However, the zoning permits considerable flexibility for alternative building configurations to meet specific needs. The asking price is $2,299,000, and up to 90% SBA financing may be available. This 73,954 square foot lot in Broward County (zip code 33069) offers an unparalleled chance to capitalize on Pompano Beach's thriving industrial market.

Property profile
Verified
Property type Office buildings
Use group OFFICE BUILDING
Year built 1970
Construction CONCRETE
Total area 5,132 SF
Lot 0.35 ac (15,290 SF)
Zoning code TO-EOD
APN 48-42-36-15-0010
UPID US18-1175595
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
  • The Divorce & Mediation Center Law Firm
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
$1.66M
Comparable Approach Comparable
$875k
Blend (final) Blend
$1.23M
Owner & transaction history
Folsom Real Property LLC · 11 yrs held
Folsom Real Property LLC
since 2015
2 recorded transactions
2015
Price N/A
2011
Price N/A
Zoning & alternative use
TO-EOD · Pompano Beach, FL
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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