Property profile

555 SW 12Th Ave Pompano Beach, FL 33069

FOR LEASE
Office buildings
Property ID
US18-0372252
51,868 SF 5.32 ac lot Built 1957
Entity Owned 4-yr Hold ~ Est. High Equity
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Property summary

AI-generated overview

Suite 106 is a 1,280-square-foot office suite within a larger multi-tenant office building totaling 50,611 square feet, situated on a 5-acre site with 215 on-site parking spaces. The suite functions as an enclosed office space configured for office use, and the building location is approximately five minutes from I-95, providing regional access across South Florida. The property is positioned in an area described as walkable and bikeable, with nearby transit options, and it supports office occupancy with on-site parking and a gross-style billing arrangement where utilities are allocated on a pro-rata basis to tenants.

Property profile

Verified
Property type Office buildings
Use group OFFICE BUILDING (MULTI-STORY)
Year built 1957
Construction CONCRETE
Total area 51,868 SF
Lot 5.32 ac (231,655 SF)
Zoning code I-1
APN 49-42-03-16-0010
UPID US18-0372252

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
  • Counselor
  • Financial Advisor
  • Hardware & Home Improvement HVAC Service
  • Radio Station Telecommunications Service
  • Agricultural Supply Food Market

Location

555 SW 12Th Ave Pompano Beach, FL 33069
Pompano Beach metro Census 30803 MIAMI-FORT LAUDERDALE-MIAMI BEACH, FL METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$7.70M
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$6.22M

Owner & transaction history

since 2021
Last sale
$5.5M
6 recorded transactions
2021
$5.5M
2017
Price N/A
2006
$6.0M
2001
$5.3M
1969
Price N/A
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

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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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
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