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Property profile & analytics
OFF-MARKET
Estimated value
$2,390,000
Retail space
1601 Sample Rd Pompano Beach, FL 33064-6250
Entity Owned
3-yr Hold
~
Est. High Equity
Property ID
US19-0674010
Property summary
AI-generated overview
This exceptional Pompano Beach investment opportunity presents a 9,256 square foot freestanding retail building situated on a city block in the 33064 zip code. The property, built in 1967, boasts versatile potential for various uses, including medical, retail, showroom, or supermarket space. City approvals are in place to allow construction up to 105 feet in height, offering significant future development or expansion possibilities. Adding to the property's appeal is an adjacent 1,350 square foot structure featuring a drive-thru window, ideal for a coffee shop or fast-food establishment. A convenient passageway connects the two buildings, enhancing drive-thru functionality and vehicle access. Currently, the property includes 20 parking spaces, with ample room for expansion. The asking price for this prime commercial real estate is $3,495,000. Located at 1601 E Sample Road, this property offers investors and businesses a unique chance to acquire a substantial holding in a thriving Florida market. The lot size is not specified.
Property profile
Verified
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Year built
1967
Construction
CONCRETE
Total area
9,256 SF
Lot
0.39 ac (17,116 SF)
Zoning code
B-3
APN
48-43-18-01-1710
UPID
US19-0674010
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
-
Dr. Ethan Parker Dental Office
-
KeyExpress Locksmiths Locksmith (Bike/Boat/Book/etc) Store
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$2.09M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$2.57M
Blend (final)
Blend
$2.39M
Owner & transaction history
1601 E Sample Road LLC · 3 yrs held
1601 E Sample Road LLC
since 2023
Last sale
$2.5M
4 recorded transactions
Zoning & alternative use
B-3 · Pompano Beach, FL
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Medical building
$3.3M
+17.7%
Office building
$3.1M
+11.2%
Cap rate
Implied · in-place · derived from last sale + estimated NOI
Implied Cap rate
#1
Implied · in-place · NOI ÷ last sale
In-place · derived from last sale + estimated NOI
Cap rate, NOI & submarket benchmark
Implied cap rate vs Pompano Beach submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Pompano Beach submarket · NOI estimate · typical band, median & reading
Refine your cap rate
8-question underwriting flow
1.
Property current status — Going-In vs Stabilized
2.
Price for denominator — asking / offer / market
3.
Leasing status & lease structure (NNN / Gross)
4.
Tenant risk profile & vacancy assumption
5.
Upload T12 / rent roll / OM (optional)
Refine in 60 seconds, get exact suggested price
T12 upload · Submarket benchmarks · Sensitivity grid
Suggested price · 3 cap rate anchors
Income approach @ 5% / 7% / 9% — aggressive / typical / conservative
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · Implied $/SF per anchor · Sensitivity grid
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · implied $/SF · sensitivity
Value
AI, CAP & Alternative Use estimations · Realmo proprietary blendValue Estimations
Based on Realmo’s proprietary methodology
AI Approach
Method
Estimation
Statistic approach
$2,285,000
ML approach
$2,090,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
RETAIL STORES
$2,760,000
Current use
MEDICAL BUILDING
$3,250,000
Change: +18% · Conversion: Difficult
OFFICE BUILDING
$3,070,000
Change: +11% · Conversion: Easy
Blend value · Realmo final
$2.39M
Range $2.15M – $2.63M · ±10% · vs last sale $2.50M (Jun 30 2023)
Last sale anchor
$2.50M
Jun 30 2023
Realmo estimate · informational only.
These numbers are calculated by our models from public records and may not reflect actual market value.
Not an appraisal.
Verify with a licensed appraiser before transacting. Realmo accepts no liability for divergence from real-world outcomes.
View the full estimation — every method, every assumption
Confidence drivers & risk notes · Custom comparable set · Free for first 3 / day
Full estimation methodology
Every method · every assumption · confidence drivers
Price per SF
Sale + rent benchmarks
Subject property
$258 / SF
Submarket sale & rent benchmarks
Median sale $/SF · Asking & closed rent · Submarket vacancy
Submarket sale & rent benchmarks
Median sale $/SF · asking & closed rent · submarket vacancy
Property tax & assessments
Tax year 2023Property tax & assessments
Tax year 2023
Tax billed
$41,517
Tax year 2023
Assessed value
$1,788,930
Assessed 2023
Previous assessed
$1,578,330
+13.3% YoY
Effective rate
2.32%
On assessed value
Assessed land
$256,740
Assessed improvement
$1,532,190
Land market value
$256,740
Improvement market value
$1,532,190
Total market value
$1,788,930
Applied tax rate
1,511.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Status
Off-Market
Year built
1967
Construction
CONCRETE
Heating
NONE
Cooling
YES
Stories
1
Total area
9,256 SF
Lot
0.39 ac (17,116 SF)
Zoning code
B-3
APN
48-43-18-01-1710
UPID
US19-0674010
Jurisdiction
BROWARD
Metro division
FORT LAUDERDALE-POMPANO BEACH-DEERFIELD BEACH, FL METROPOLITAN DIVISION
Zoning & alternative use
B-3 · Pompano Beach, FL
Zoning B-3 · permitted uses
B-3 · Pompano Beach, FL
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Pompano Beach. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
RETAIL STORES Current
Est. value
$2.8M
MEDICAL BUILDING
Est. value
$3.3M
OFFICE BUILDING
Est. value
$3.1M
RETAIL STORES Current
MEDICAL BUILDING
OFFICE BUILDING
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Alternative use deep dive
Conversion cost · permit path · stabilized NOI per option
Building & site characteristics
From public records
Year built
1967
Construction
CONCRETE
Heating
NONE
Cooling
Yes
Stories
1
Lot
0.39 ac
Current owner
From public records · entity-resolved
1601 E Sample Road LLC
Entity
Mailing address
4292 BOCAIRE BLVD, BOCA RATON, FL 33487-1150
Ownership since
2023
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
4 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jun 30, 2023
$2,500,100
1601 E Sample Road LLC
Sample Road Plaza INC
Warranty Deed
$1,262,501 · Jpmorgan Chase Bank NA
Sep 6, 2017
$1,900,000
Sample Road Plaza INC
Sfm LLC
Trustees Deed
$3,616,000 · City Nat'l Bk/fl
Feb 7, 2003
$725,000
Sfm LLC
Heffernan,tr
Grant Deed
$615,000 · Wachovia Sba Lending INC
—
—
Sfm LLC
—
Deed Of Trust
related
$752,000 · Bankunited Fsb
Coming soon
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Coming soon
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
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