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Property profile & analytics
FOR LEASE
Retail properties & Spaces
2900 W Sample Rd Pompano Beach, FL 33073
Entity Owned
2-yr Hold
Free & Clear
Property ID
US18-4096558
For Lease
1 / 2
$6,600,000
2900 W Sample Rd, Pompano Beach, FL 33073
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Property profile
Verified
Property type
Retail properties & Spaces
Use group
ROADSIDE MARKET
Year built
1986
Construction
CONCRETE
Total area
390,497 SF
Lot
27.1 ac (1,180,263 SF)
Zoning code
I-1
APN
48-42-21-07-0010
UPID
US18-4096558
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
-
Festival Flea Market (Bike/Boat/Book/etc) Store
-
Elegant Fragrances inc Cosmetic Store
-
Shish Kebob Shopping Center & Mall
-
LaLa Chic Clothing Store
-
My Salta Argentinian Empanadas Restaurant
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$6.60M
Owner & transaction history
Broward County · 2 yrs held
Broward County
since 2024
Last sale
$6.6M
4 recorded transactions
Zoning & alternative use
I-1 · Pompano Beach, FL
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Cap rate
Implied · in-place · derived from last sale + estimated NOI
Implied Cap rate
#1
Implied · in-place · NOI ÷ last sale
In-place · derived from last sale + estimated NOI
Cap rate, NOI & submarket benchmark
Implied cap rate vs Pompano Beach submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Pompano Beach submarket · NOI estimate · typical band, median & reading
Refine your cap rate
8-question underwriting flow
1.
Property current status — Going-In vs Stabilized
2.
Price for denominator — asking / offer / market
3.
Leasing status & lease structure (NNN / Gross)
4.
Tenant risk profile & vacancy assumption
5.
Upload T12 / rent roll / OM (optional)
Refine in 60 seconds, get exact suggested price
T12 upload · Submarket benchmarks · Sensitivity grid
Suggested price · 3 cap rate anchors
Income approach @ 5% / 7% / 9% — aggressive / typical / conservative
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · Implied $/SF per anchor · Sensitivity grid
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · implied $/SF · sensitivity
Value
AI, CAP & Alternative Use estimations · Realmo proprietary blendValue Estimations
Based on Realmo’s proprietary methodology
AI Approach
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
$17 / SF
Submarket sale & rent benchmarks
Median sale $/SF · Asking & closed rent · Submarket vacancy
Submarket sale & rent benchmarks
Median sale $/SF · asking & closed rent · submarket vacancy
Property tax & assessments
Tax year 2023Property tax & assessments
Tax year 2023
Tax billed
$656,599
Tax year 2023
Assessed value
$25,217,370
Assessed 2023
Previous assessed
$25,217,370
+0.0% YoY
Effective rate
2.60%
On assessed value
Assessed land
$9,442,100
Assessed improvement
$15,775,270
Land market value
$9,442,100
Improvement market value
$15,775,270
Total market value
$25,217,370
Applied tax rate
1,512.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Retail properties & Spaces
Use group
ROADSIDE MARKET
Status
For Lease
Year built
1986
Construction
CONCRETE
Heating
NONE
Cooling
YES
Stories
1
Total area
390,497 SF
Lot
27.1 ac (1,180,263 SF)
Zoning code
I-1
APN
48-42-21-07-0010
UPID
US18-4096558
Jurisdiction
BROWARD
Metro division
FORT LAUDERDALE-POMPANO BEACH-DEERFIELD BEACH, FL METROPOLITAN DIVISION
Zoning & alternative use
I-1 · Pompano Beach, FL
Zoning I-1 · permitted uses
I-1 · Pompano Beach, FL
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Pompano Beach. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1986
Construction
CONCRETE
Heating
NONE
Cooling
Yes
Stories
1
Lot
27.1 ac
Current owner
From public records · entity-resolved
Broward County
Entity
Free & Clear · 2 yrs held
Mailing address
115 S ANDREWS AVE, FORT LAUDERDALE, FL 33301-1818
Ownership since
2024
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
4 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
May 9, 2024
—
Broward County
Festival Real Estate LLC
Warranty Deed
—
May 23, 2023
—
State Of Florida Department Of Tran
Festival Real Estate LLC
Warranty Deed
—
May 2, 2018
$2,500,000
Festival Real Estate LLC
R S Associates Of Florida
Special Warranty Deed
$40,000,000 · Ocean Bank
—
—
Rs Associates Of Florida
—
Loan Modification
related
$14,000,000 · City Nat'l Bk/fl
Coming soon
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Coming soon
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
Try Rey
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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