1735 Banks Rd, Margate, FL 33063-7744
This exceptional 4,500 square foot flex office/warehouse property is ideally situated in North Broward County's Margate, offering unparalleled convenience and accessibility. The unit boasts a versatile layout, currently configured with approximately 2,250 square feet of office space and the remaining area adaptable for warehouse use. The office space features two spacious private offices, a smaller reception area, and a single ADA-compliant bathroom complete with a shower. A large open bullpen area offers flexibility, potentially convertible back to warehouse space to suit a variety of business needs. The entire bay is fully air-conditioned for optimal comfort. The warehouse area itself benefits from impressive ceiling heights exceeding 20 feet, providing ample vertical storage capacity. Access is facilitated by a 12x14 grade-level overhead door, perfect for loading and unloading. Two designated parking spaces are included for added convenience. The property enjoys excellent visibility with frontage on Banks Road. This property is zoned M1-A, allowing for light industrial uses. The property is available for purchase at $795,000 and is also available for lease, with occupancy commencing March 1st, 2025. The 0.1-acre lot provides ample space for operations.
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
M-1A · Margate, FLMargate. Always verify with local authorities before improvements.
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.