601 12th Ave Pompano Beach, FL 33069-2003
- Industrial properties
- 77,265 SF
- 2.59 lot acres
Jun 18, 2020
Current Use by 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
Property Details for 601 12th Ave
- Year built
- 1978
- Construction
- CONCRETE
- Lot size
- 2.59 lot acres
- Property size
- 77,265 SF
- Zone code
- I-1
- Property type
- Industrial properties
- APN
- 48-42-34-26-0010
- APU
- 484234260010
Description
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.
Value Estimations
-
AI approach
- Method
- Estimation
- Statistic approach
- $6,975,000
- ML approach
- $7,105,000
-
CAP approach
- CAP Return
- Estimation
- 6%
- $7,790,000
- 6.5%
- $7,190,000
- 7%
- $6,675,000
-
Comparable approach
- Method
- Estimation
- AI Estimate
- $4,683,000
Market price range: $2.28M - $27.0M
Get a detailed, property-specific valuation — fast and free
Location Insight
- Map
- Local Demand
- City
- Pompano Beach
- County
- Broward
- State
- Florida
- Longitude
- -80.1381
- Latitude
- 26.2376
- CBSA code
- 33100
- CBSA name
- MIAMI-FORT LAUDERDALE-MIAMI BEACH, FL METROPOLITAN STATISTICAL AREA
