2400 Copans Rd Pompano Beach, FL 33069-1260
- Distribution centers
- 8,056 SF
Jan 08, 2025
Current Use by Public Records
- Bella Maderatto / Manufacturer
- MGT Trading Inc / Aerospace Company
- TyrrellTech Inc, Pompano / Printing Equipment And Supplies / Laminating Equipment Supplier
- Half Price Sinks / Kitchen Supply Store
- NORDIKA FLOORS / Tile Store
Property Details for 2400 Copans Rd
- Year built
- 1989
- Construction
- CONCRETE
- Property size
- 8,056 SF
- Zone code
- I-1
- Property type
- Distribution centers
- APN
- 48-42-28-CA-0050
- APU
- 484228CA0050
Description
This exceptional mixed-use property, located at 2400 W Copans Road in Pompano Beach, Florida, presents a compelling investment opportunity. The 4,390 square foot building, situated on a 1-story structure within the Copans Commerce Park, is currently 100% occupied. Built in 1989 and boasting a brand new 2023 roof, this Class B property features two buildings and offers a single, 4,390 square foot retail space with a 25-foot ceiling height. The property includes five parking spaces, one loading dock, and one 15-foot dock-high door, ideal for efficient loading and unloading. Zoned I-1, this versatile space provides excellent signage exposure on busy Copans Road and benefits from convenient access to I-95 and the Turnpike. The sale includes a leaseback option, negotiable for up to a three-year term, making this an attractive proposition for investors seeking immediate income generation. The current owner is motivated to sell and will cover assessments. The property's high ceiling allows for the potential addition of mezzanine square footage, further enhancing its functionality and value. This is a rare opportunity to acquire a well-maintained, strategically located mixed-use property in a thriving market. Don't miss out!
Value Estimations
-
AI approach
- Method
- Estimation
- Statistic approach
- $1,415,000
- ML approach
- $1,430,000
-
CAP approach
- CAP Return
- Estimation
- 6%
- $985,000
- 6.5%
- $910,000
- 7%
- $845,000
-
Comparable approach
- Method
- Estimation
- Statistic Estimate
- $2,267,000
- AI Estimate
- $1,569,000
Market price range: $1.53M - $3.58MMarket price range: $512k - $2.48M
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Location Insight
- Map
- Local Demand
- City
- Pompano Beach
- County
- Broward
- State
- Florida
- Longitude
- -80.1567
- Latitude
- 26.2594
- CBSA code
- 33100
- CBSA name
- MIAMI-FORT LAUDERDALE-MIAMI BEACH, FL METROPOLITAN STATISTICAL AREA