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Property profile

2122 Blount Rd Pompano Beach, FL 33069

OFF-MARKET
Industrial properties
Property ID
US19-0316344
View Sample
4,660 SF 0.58 ac lot Built 1991
Entity Owned 9-yr Hold Absentee Owner ~ Est. High Equity

Property summary

AI-generated overview

This exceptional 8,332-square-foot freestanding warehouse presents a fantastic leasing opportunity. Situated on a 0.58-acre lot, this Class B industrial property, built in 1991, boasts a single tenant occupancy and offers a comprehensive suite of features ideal for a variety of businesses. The warehouse space is divided into a climate-controlled area and a non-climate-controlled receiving area. The climate-controlled section includes a lab and cold storage room, enhancing its versatility. The property includes attractive office space, featuring a reception area, conference room, four private offices, and three bullpen areas. Loading is facilitated by one dock-high door with leveler and one drive-in door, both measuring 10' x 9'10". Ample parking is provided with 20 designated spaces. The property is conveniently located near the Turnpike and I-95, offering easy access to major transportation arteries. The zoning is I-1. The building features a ceiling height of 12'8". This property is offered as a triple net lease. The APN is 484228070025.

Property profile

Verified
Property type Industrial properties
Use group INDUSTRIAL (GENERAL)
Year built 1991
Construction CONCRETE
Total area 4,660 SF
Lot 0.58 ac (25,282 SF)
Zoning code I-1
APN 48-42-28-07-0025
UPID US19-0316344

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
$460k
CAP Approach CAP
$435k
Comparable Approach Comparable
$744k
Blend (final) Blend
$545k

Owner & transaction history

since 2016
2 recorded transactions
2016
$875,000
2005
$800,000

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

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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