Technical
Financial
Distress signals
Property profile

2031 SW 2Nd St Pompano Beach, FL 33069

FOR LEASE
Turn key restaurants
Property ID
US18-5057050
3,159 SF 0.11 ac lot Built 1961
Entity Owned 15-yr Hold Free & Clear
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Property summary

AI-generated overview

This exceptional Class A industrial warehouse space, located at 2031 SW 2nd St, Pompano Beach, FL 33069, offers 59,321 square feet of flexible space ideal for warehouse, distribution, or R&D operations. Situated within a 1.3 million square foot master-planned business park, this property boasts 30-foot clear ceilings, 14 loading docks with 4 edge-of-dock levelers, and one drive-in door. The building features a concrete ramp, ESFR fire suppression system, and 54' x 50' column spacing for efficient layout. Enjoy 24-hour access, a robust 3-phase heavy power supply, and an energy performance rating of A. Amenities include air conditioning in common areas, restrooms, a security system, and signage opportunities. The property is strategically located with immediate access to I-95 and quick access to Florida's Turnpike, providing excellent regional connectivity. Zoned I-1 in Broward County, this space is part of a larger complex with shared reception and common area facilities. Tilt-wall construction ensures durability and longevity. The minimum divisible space is 59,321 square feet, with a maximum contiguous space of the same size. The total building size is 113,723 square feet. This property presents a rare opportunity for businesses seeking high-quality industrial space in a prime Pompano Beach location.

Property profile

Verified
Property type Turn key restaurants
Use group RESTAURANT
Year built 1961
Construction CONCRETE
Total area 3,159 SF
Lot 0.11 ac (4,962 SF)
Zoning code B-1
APN 48-43-05-02-0450
UPID US18-5057050

Cap rate & NOI

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

Current use

Occupant on record · Public records
  • Hardware & Home Improvement Home Appliance Store
  • Restaurant

Location

2031 SW 2Nd St Pompano Beach, FL 33069
Pompano Beach metro Census 10104 MIAMI-FORT LAUDERDALE-MIAMI BEACH, FL METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$375k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$365k

Owner & transaction history

since 2011
2 recorded transactions
2011
Price N/A
1981
$200,000

Zoning & alternative use

B-1 · Deerfield Beach, FL
Zoning description

The purpose of this district is to identify within the area defined by the land use element of the comprehensive plan for commercial development, areas where selected commercial activities can be established in a manner…

General category COMMERCIAL

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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