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Property profile & analytics
OFF-MARKET
Estimated value
$6,775,000
Industrial properties
2939 Powerline Rd 2999 Pompano Beach, FL 33069-1011
Entity Owned
1-yr Hold
Property ID
US18-3315648
Property profile
Verified
Property type
Industrial properties
Use group
MIXED USE (COMMERCIAL/INDUSTRIAL)
Year built
1998
Construction
CONCRETE
Total area
23,650 SF
Lot
3.28 ac (142,663 SF)
Zoning code
B-4
APN
48-42-21-02-0060
UPID
US18-3315648
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
-
Med Lab Supply Medical Supply Store
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$5.02M
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$6.78M
Owner & transaction history
Sl 2999 N Powerline LLC · 1 yrs held
Sl 2999 N Powerline LLC
since 2025
Last sale
$7.9M
5 recorded transactions
Zoning & alternative use
B-4 · 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
Method
Estimation
Statistic approach
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
$5,440,000
6.5%
$5,020,000
7%
$4,660,000
Alternative Use
Use
Estimation
INDUSTRIAL (GENERAL)
$10,710,000
Change: -14% · Conversion: Moderate
Blend value · Realmo final
$6.78M
Range $6.10M – $7.45M · ±10% · vs last sale $7.85M (Dec 24 2024)
Last sale anchor
$7.85M
Dec 24 2024
Realmo estimate · informational only.
These numbers are calculated by our models from public records and may not reflect actual market value.
Not an appraisal.
Verify with a licensed appraiser before transacting. Realmo accepts no liability for divergence from real-world outcomes.
View the full estimation — every method, every assumption
Confidence drivers & risk notes · Custom comparable set · Free for first 3 / day
Full estimation methodology
Every method · every assumption · confidence drivers
Price per SF
Sale + rent benchmarks
Subject property
$286 / 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
$88,454
Tax year 2023
Assessed value
$3,509,040
Assessed 2023
Previous assessed
$3,509,040
+0.0% YoY
Effective rate
2.52%
On assessed value
Assessed land
$998,640
Assessed improvement
$2,510,400
Land market value
$998,640
Improvement market value
$2,510,400
Total market value
$3,509,040
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
Industrial properties
Use group
MIXED USE (COMMERCIAL/INDUSTRIAL)
Status
Off-Market
Year built
1998
Construction
CONCRETE
Heating
NONE
Buildings
2
Stories
2
Total area
23,650 SF
Lot
3.28 ac (142,663 SF)
Zoning code
B-4
APN
48-42-21-02-0060
UPID
US18-3315648
Jurisdiction
BROWARD
Metro division
FORT LAUDERDALE-POMPANO BEACH-DEERFIELD BEACH, FL METROPOLITAN DIVISION
Zoning & alternative use
B-4 · Pompano Beach, FL
Zoning B-4 · permitted uses
B-4 · 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.
Alternative use value scenarios
Repositioning upside vs current use
INDUSTRIAL (GENERAL)
Est. value
$10.7M
INDUSTRIAL (GENERAL)
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Alternative use deep dive
Conversion cost · permit path · stabilized NOI per option
Building & site characteristics
From public records
Year built
1998
Construction
CONCRETE
Heating
NONE
Stories
2
Buildings
2
Lot
3.28 ac
Current owner
From public records · entity-resolved
Sl 2999 N Powerline LLC
Entity
Mailing address
2987 N POWERLINE RD, POMPANO BEACH, FL 33069-1011
Ownership since
2025
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
5 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Mar 24, 2025
$7,850,000
Sl 2999 N Powerline LLC
Friedkin Medley LLC
Warranty Deed
—
Mar 9, 2015
$3,350,000
Friedkin-medley LLC
Bigfoot Properties INC
Grant Deed
—
Jun 7, 2012
$2,769,100
Bigfoot Ents INC
Alpert LP I
Grant Deed
—
Jun 2, 2011
—
Univar USA INC
—
Deed Of Trust
related
$5,920,000 · Bank Of America
Mar 27, 1997
$576,000
Arnold Alpert
Greenwin Florida Investments
Grant Deed
$2,307,000 · Colonial Bank Fsb
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.
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