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

Warehouses Google Maps
3,442 SF 0.47 ac lot Built 2003
Entity Owned Absentee Owner ~ Est. High Equity
No photos on file
For Sale
Contact for pricing 3,442 SF
1930 16th St,Unit 1940, Pompano Beach, FL 33069-1629
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Estimated value (blended)
$2.10M
Range $1.89M – $2.31M (±10%)
Property ID US18-4311358

Property summary

AI-generated overview

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.

Property profile

Verified
Property type Warehouses
Use group WAREHOUSE, STORAGE
Year built 2003
Construction CONCRETE
Total area 3,442 SF
Lot 0.47 ac (20,418 SF)
Zoning code I-1
APN 48-42-27-28-0021
UPID US18-4311358

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$2.10M
CAP Approach CAP
by Request
Comparable Approach Comparable
$1.27M
Blend (final) Blend
$2.10M

Owner & transaction history

since 2026
Last sale
$2.1M
6 recorded transactions
2026
$2.0M
2024
$2.1M
2018
$875,000
2016
Price N/A
2015
$500,000
1969
Price N/A

Zoning & alternative use

I-1 · Pompano Beach, FL
Zoning description

The General Industrial (I-1) district is established and intended to accommodate a wide range of light and moderate manufacturing, assembly, fabrication, processing, distribution, warehousing, research anddevelopment, an…

General category INDUSTRIAL
Top alternative use upside
Auto repair, garage $2.5M +159.7%
Neighborhood: shopping center $2.3M +131.0%
Commercial (general) $1.8M +86.3%

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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