516 Dixie W Hwy Pompano Beach, FL 33060-7808
- Automotive properties
- 1,641 SF
- 0.18 lot acres
Current Use by Public Records
- All American Sprinklers Inc / Lawn Care Service / Landscape Designer
Property Details for 516 Dixie W Hwy
- Year built
- 1966
- Construction
- CONCRETE
- Lot size
- 0.18 lot acres
- Property size
- 1,641 SF
- Zone code
- B-4
- Property type
- Automotive properties
- APN
- 49-42-02-22-0280
- APU
- 494202220280
Description
This 1,641 square foot retail building in Pompano Beach presents a unique investment opportunity. Ideally situated on South Dixie Highway West, between Atlantic Boulevard and SE 6th Street, this single-tenant property boasts automotive zoning, permitting a used car dealership license. The building features two remodeled offices with modern finishes, a staff/customer bathroom, and a storage room. A rear garage comfortably accommodates approximately four vehicles. Year-round comfort is ensured with a new central A/C system. The property also includes four front parking spaces for customer convenience, and a substantial fenced and gated area providing parking for up to 25 vehicles (6,000 square feet). Dual access points, from Dixie Highway and a rear city road, enhance operational flexibility. This versatile space is perfect for various automotive uses, including sales, storage, tow truck operations, or auto repair services. The combination of prime location, ample parking, and approved automotive zoning makes this an exceptional opportunity for an auto-related business.
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $305,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $260,000
- 6.5%
- $230,000
- 7%
- $260,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $210,000
- Geo Method
- $265,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $280,000
- Retail
- $210,000
- Mixed-Use
- $260,000
- Hospitality
- $255,000
- Educational
- $260,000
- Residential Income
- $265,000
- Energy
- $220,000
- Income-Based Land
- $250,000
- Food Service
- $275,000
Location Insight
- Map
- Local Demand
- City
- Pompano Beach
- County
- Broward
- State
- Florida
- Longitude
- -80.1295
- Latitude
- 26.2241
- CBSA code
- 33100
- CBSA name
- MIAMI-FORT LAUDERDALE-MIAMI BEACH, FL METROPOLITAN STATISTICAL AREA
