1901 Mears Pkwy Margate, FL 33063
Property profile & analytics
1901 Mears Pkwy Margate, FL 33063
- Warehouses
- 24,092 SF
- 2.41 lot acres
Property ID
US18-1739677
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.
Location Intelligence
Current Use by Public Records
- Warehouses
Property Details for 1901 Mears Pkwy
- Year built
- 1979
- Construction
- CONCRETE
- Lot size
- 2.41 lot acres
- Property size
- 24,092 SF
- Zone code
- M-1
- Property type
- Warehouses
- APN
- 48-42-30-01-0086
- APU
- 484230010086
Description
This exceptional Margate, Florida warehouse property, known as Central Broward Business Park, offers a prime opportunity for businesses seeking flexible industrial space. Located at 1901 Mears Pkwy, 33063, in Broward County, this M-1 Light Industrial District zoned property boasts a total of 8,000 square feet of vacant space currently available for lease. The building features three suites, with options ranging from 2,000 to 4,000 contiguous square feet, catering to diverse business needs. The warehouse spaces benefit from a generous 24-foot ceiling height, providing ample vertical storage capacity. Convenient rear, grade-level oversized loading doors ensure efficient material handling. Parking is abundant, with a 5.0 spaces per 1,000 square feet ratio. The property underwent renovations in 2024, ensuring modern and functional facilities. The property's APN is 48-42-30-01-0087. This location provides easy access to major transportation routes, making it an ideal choice for businesses requiring efficient logistics. The lease rate is $19.95 per square foot, NNN, plus $7.91 per square foot for operating expenses. Don't miss this chance to secure your ideal warehouse space in a thriving industrial area.
Value Estimations
based on Realmo’s proprietary methodology
-
AI approach
- Method
- Estimation
- Statistic approach
- $11,000,000
- ML approach
- $11,000,000
-
Comparable approach
- Method
- Estimation
- Statistic Estimate
- $7,482,000
Market price range: $5.06M - $14.6M -
Alternative Use
- Use
- Estimation
- WAREHOUSE, STORAGE
- $10,085,000 Current use
- AUTO REPAIR, GARAGE
- $17,685,000 Change: +75% Conversion: Easy
- NEIGHBORHOOD: SHOPPING CENTER
- $15,735,000 Change: +56% Conversion: Moderate
- INDUSTRIAL (GENERAL)
- $14,930,000 Change: +48% Conversion: Easy
- COMMERCIAL (GENERAL)
- $12,685,000 Change: +26% Conversion: Difficult
- MEDICAL BUILDING
- $8,455,000 Change: -16% Conversion: Difficult
Get a detailed, property-specific estimation — fast and free
Location Insight
- Map
- Local Demand
- City
- Margate
- County
- Broward
- State
- Florida
- Longitude
- -80.1988
- Latitude
- 26.2519
- 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
$61,096
$735,910
$2,055,790
$2,791,700
-
$735,910
$2,055,790
$2,791,700
