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Property profile & analytics
OFF-MARKET Estimated value $7,990,000
Industrial properties

601 12th Ave Pompano Beach, FL 33069-2003

77,265 SF 2.59 ac lot Built 1978
Entity Owned 3-yr Hold Absentee Owner Free & Clear
Property ID
US18-3272134
Property summary
AI-generated overview

This exceptional Pompano Beach industrial property, located at 601 NW 12th Ave, offers 77,265 square feet of versatile space on a 3.03-acre lot. The single-story building features 16 grade-level and 2 dock-high overhead doors, providing ample access for loading and unloading. Boasting a 22-foot ceiling height, the warehouse space is ideal for various industrial uses. The property is zoned I-1, permitting light and moderate manufacturing, distribution, warehousing, and research & development. Currently a multi-tenant property with two occupants, the seller-occupied space (45,501 sq ft) will be vacant at closing, presenting a significant opportunity for an owner-user or investor. The building sits on 2.59 acres, with an additional 0.44 acres dedicated to parking. The property includes approximately 5,434 square feet of office space, representing about 7% of the total area. Its strategic location offers easy access to major transportation arteries, including I-95, Florida's Turnpike, US1, and West Atlantic Boulevard, ensuring efficient logistics and distribution. This property presents a compelling investment opportunity with strong potential for future rental income or owner-occupancy. The asking price is $14,995,000.

Property profile
Verified
Property type Industrial properties
Use group INDUSTRIAL (GENERAL)
Year built 1978
Construction CONCRETE
Total area 77,265 SF
Lot 2.59 ac (112,832 SF)
Zoning code I-1
APN 48-42-34-26-0010
UPID US18-3272134
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
  • perin consulting Consultant
  • AMP American Marine Performance (Bike/Boat/Book/etc) Store Production Facility
  • Alpha Wrecking Construction Company General Contractor
  • Sheffield Machinery Sales Inc. Industrial Manufacturer Factory
  • Colet Windows Hardware & Home Improvement Interior Design
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
$7.11M
CAP Approach CAP
$7.19M
Comparable Approach Comparable
by Request
Blend (final) Blend
$7.99M
Owner & transaction history
Arth Boats LLC · 3 yrs held
Arth Boats LLC
since 2022
Last sale
$11.0M
5 recorded transactions
2022
Price N/A
2020
$4.8M
2009
Price N/A
1969
Price N/A
1969
Price N/A
Zoning & alternative use
I-1 · Pompano Beach, FL
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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