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380 12th Ave Pompano Beach, FL 33069-3502

OFF-MARKET Warehouses Google Maps
6,972 SF 0.61 ac lot Built 1970
Entity Owned Absentee Owner Free & Clear
Estimated value (blended)
$1.34M
Range $1.21M – $1.47M (±10%)
Property ID US18-3776871

Property summary

AI-generated overview

This exceptional Pompano Beach industrial investment opportunity presents a 15,315 square foot building situated on a 26,549 square foot lot at 380 SW 12th Ave, Pompano Beach, FL 33069. The property, built in 1970, features two units, offering flexible leasing options and currently boasts 100% occupancy, ensuring immediate income generation. The building is classified as Class C and zoned I-1, suitable for various industrial uses. With a 14-foot ceiling height, the warehouse space is well-suited for a range of industrial tenants. The property benefits from a Net Net Net (NNN) lease structure and includes rent bumps, providing future income growth potential. Its prime location in Pompano Beach offers easy access to major transportation routes, ensuring efficient logistics. The property is well-maintained and ready for immediate use, featuring ample parking for tenants and visitors. This is a strong investment opportunity in a thriving Broward County location, offering a blend of coastal living and commercial activity. The property's solid construction and established tenancy make it an attractive proposition for discerning investors seeking a stable and appreciating asset. The multi-unit structure allows for diversification of income streams, minimizing risk and maximizing returns.

Property profile

Verified
Property type Warehouses
Use group WAREHOUSE, STORAGE
Year built 1970
Construction CONCRETE
Total area 6,972 SF
Lot 0.61 ac (26,561 SF)
Zoning code I-1
APN 49-42-02-00-0160
UPID US18-3776871

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
  • Physician
  • Medical Clinic
  • Medical Clinic
  • Pediatrician Physician
  • Electronics Exporter

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$1.28M
CAP Approach CAP
by Request
Comparable Approach Comparable
$1.68M
Blend (final) Blend
$1.34M

Owner & transaction history

since 2025
Last sale
$1.6M
6 recorded transactions
2025
Price N/A
2025
$3.1M
2022
$1.6M
2016
Price N/A
2016
$1.2M
1969
Price N/A

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
Top alternative use upside
Medical building $2.4M +24.2%

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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