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Property profile

2900 Gtwy Dr Pompano Beach, FL 33069

OFF-MARKET
Industrial properties
Property ID
US19-0651591
View Sample
15,336 SF 1.46 ac lot Built 1970
Entity Owned 9-yr Hold Absentee Owner ~ Est. High Equity

Property summary

AI-generated overview

This exceptional Pompano Beach office property, situated at 2900 Gateway Dr, 33069, offers a unique blend of traditional and creative office spaces, ideal for various business needs. The single-story, 15,665 square foot building, constructed in 1969 and extensively renovated in 2023, sits on a generous 1.47-acre lot. Currently zoned I-1, it features a 14-foot ceiling height, providing ample space and flexibility. The property boasts three total suites, with multiple tenancy options available. Currently, there are two available spaces ranging from 1,265 to 2,816 contiguous square feet. The building's classification is Class C. While elevators are not present, the single-story design ensures easy accessibility. Its convenient location near the airport makes it an attractive option for businesses requiring easy access to air travel. The property's substantial vacant space presents a significant opportunity for immediate occupancy and customization. This versatile property is perfect for businesses seeking a well-maintained, renovated space in a prime Pompano Beach location. The ample lot size also offers potential for future expansion or development. This is a rare opportunity to secure a well-located, adaptable office space in a thriving area.

Property profile

Verified
Property type Industrial properties
Use group INDUSTRIAL (GENERAL)
Year built 1970
Construction CONCRETE
Total area 15,336 SF
Lot 1.46 ac (63,813 SF)
Zoning code I-1
APN 49-42-04-00-0370
UPID US19-0651591

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
  • Telecommunications Service
  • Bpo Company

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
$1.43M
Comparable Approach Comparable
$1.13M
Blend (final) Blend
$1.06M

Owner & transaction history

since 2017
6 recorded transactions
2017
$5.0M
2015
Price N/A
2003
$1.1M
2000
$1.0M
2000
Price N/A
1998
$740,000

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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