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    1930 16th St, Unit 1940 Pompano Beach, FL 33069-1629
    Property profile & analytics

    1930 16th St, Unit 1940 Pompano Beach, FL 33069-1629


    • Warehouses
    • 3,442 SF
    • 0.47 lot acres
    Off-Market
    Last Sale Jul 29, 2024
    $2,100,000
    Property ID
    US18-4311358
    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.

    Value Estimations
    $2,100,000
    Show details
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Warehouses

    Property Details for 1930 16th St

    Year built
    2003
    Construction
    CONCRETE
    Lot size
    0.47 lot acres
    Property size
    3,442 SF
    Zone code
    I-1
    Property type
    Warehouses
    APN
    48-42-27-28-0021
    APU
    484227280021

    Description

    This exceptional 5,244-square-foot freestanding industrial flex space, located at 1930 NW 16th St in Pompano Beach, FL 33069, presents a unique investment opportunity. Built in 2003 and completely renovated in 2020, this single-tenant property is fully compliant with current building codes and ADA regulations. The building boasts a modern commercial kitchen setup, including two walk-in refrigerators and two walk-in freezers, all installed within the last two years. Three loading bays ensure efficient operations, complemented by ample parking with 11 spaces. The property features three bathrooms, two of which are ADA compliant. It holds a current annual food permit from the Florida Department of Agriculture and is licensed for up to 20 employees (16 kitchen, 4 office). The robust infrastructure includes 1200-amp 3-phase power, three Trane AC units (one a 55-ton unit for the oven room), updated grease traps and floor drains, a comprehensive fire system, and energy-efficient overhead LED lighting with color correction designed for a 20-year lifespan. While there is no existing hood system, the space offers potential for future installation. The property is zoned I-1 and sits on a single-story building with APN 484227280021. The lease is a NNN lease. This turnkey operation is ready for immediate occupancy.


    Value Estimations

    based on Realmo’s proprietary methodology
    • AI approach

      Method
      Estimation
      Statistic approach
      $2,100,000
      ML approach
      $2,100,000
    • Comparable approach

      Method
      Estimation
      Statistic Estimate
      $1,267,000
      Market price range: $656k - $1.53M
    • Alternative Use

      Use
      Estimation
      AUTO REPAIR, GARAGE
      $2,525,000
      NEIGHBORHOOD: SHOPPING CENTER
      $2,250,000
      COMMERCIAL (GENERAL)
      $1,810,000
      OFFICE BUILDING
      $1,370,000

    Get a detailed, property-specific estimation — fast and free


    Location Insight

    • Map
    • Local Demand
    City
    Pompano Beach
    County
    Broward
    State
    Florida
    Longitude
    -80.1497
    Latitude
    26.2484
    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
    $18,096
    $142,930
    $666,020
    $808,950
    -
    $142,930
    $666,020
    $808,950
    More about this property
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