Add Listing
Property Lookup
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings
    Property profile & analytics

    935 31st Avea Pompano Beach, FL 33069-1191

    • Distribution centers
    • 9,428 SF
    OFF-MARKET
    Last Sale
    Aug 07, 2020
    $6,715,000
    Value Estimations
    $5,620,000
    Show details
    Cap Rate Potential
    Location Intelligence
    Property ID
    US18-2676527
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Distribution centers

    Property Details for 935 31st Avea

    Year built
    2002
    Construction
    CONCRETE
    Property size
    9,428 SF
    Zone code
    B-4/PCD
    Property type
    Distribution centers
    APN
    48-42-32-AA-0120
    APU
    484232AA0120

    Value Estimations

    based on Realmo’s proprietary methodology

    • Alternative Use

      Use
      Estimation
      RESTAURANT
      $7,910,000
      AUTO REPAIR, GARAGE
      $6,920,000
      NEIGHBORHOOD: SHOPPING CENTER
      $6,155,000
      COMMERCIAL (GENERAL)
      $4,965,000
      INDUSTRIAL (GENERAL)
      $4,270,000
      OFFICE BUILDING
      $3,750,000

    Get a detailed, property-specific valuation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    Pompano Beach
    County
    Broward
    State
    Florida
    Longitude
    -80.1679
    Latitude
    26.2407
    CBSA code
    33100
    CBSA name
    MIAMI-FORT LAUDERDALE-MIAMI BEACH, FL METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $35,206
    $200,170
    $1,801,490
    $2,001,660
    -
    $200,170
    $1,801,490
    $2,001,660

    Comparable in this City

    • Value Estimation by Request
      150,383 SF

      1551-1571 Powerline Rd

      Distribution properties • 150,383 SF
      1551-1571 Powerline Rd, Pompano Beach, FL 33069
      View Details
    • Value Estimation by Request
      2,038 SF

      2175 Andrews Ave

      Distribution properties • 2,038 SF
      2175 Andrews Ave, Pompano Beach, FL 33069
      View Details
    • Value Estimation
      $1,300,000
      7,420 SF

      2301 33rd Ct Ste, Unit 101

      DISTRIBUTION WAREHOUSE • 7,420 SF
      2301 33rd Ct Ste, Pompano Beach, FL 33069-1000
      View Details
    • Value Estimation
      $1,240,000
      7,109 SF

      2501 34th Plb27

      DISTRIBUTION WAREHOUSE • 7,109 SF
      2501 34th Plb27, Pompano Beach, FL 33069-5928
      View Details
    • Value Estimation by Request
      408 SF

      2182 18th Aveb-24

      DISTRIBUTION WAREHOUSE • 408 SF
      2182 18th Aveb-24, Pompano Beach, FL 33069-1311
      View Details
    • Value Estimation by Request
      408 SF

      2182 18th Aveb-9

      DISTRIBUTION WAREHOUSE • 408 SF
      2182 18th Aveb-9, Pompano Beach, FL 33069-1311
      View Details

    Similar Nearby for Sale

    • $370,000

      Pompano Beach Warehouse Investment

      Prime Warehouse, Office Space, Motivated Seller
      1791 Blount Rd, Pompano Beach, FL 33069
      View Details
    • $4,500,000

      Pompano Beach Warehouse - $4.5M

      Prime Pompano Beach industrial warehouse, 15k+ sq ft.
      380 12Th Ave, Pompano Beach, FL 33069
      View Details
    • $5,500,000
      13,286 SF

      Pompano Beach Industrial Warehouse

      13,286 SF Warehouse, $5.5M
      956 12Th Ave, Pompano Beach, FL 33069
      View Details
    • $995,000
      3,250 SF

      Pompano Beach Warehouse Investment

      Income-producing warehouse condo in prime location.
      1091 31St Ave, Pompano Beach, FL 33069
      View Details
    • $215,000

      Pompano Beach Industrial Unit

      Warehouse with mezzanine office space in Pompano Beach, Florida.
      1771 Blount Rd, Pompano Beach, FL 33069
      View Details
    • $265,000
      435 SF

      Pompano Beach Warehouse/Storage Unit

      Warehouse/storage unit with air-conditioned office space, conveniently located.
      1775 Blount Rd, Pompano Beach, FL 33069
      View Details

    Similar Nearby for Lease

    • $186 SF/Yr
      150,383 SF

      1551-1571 Powerline Rd

      Distribution centers • 150,383 SF
      1551-1571 Powerline Rd, Pompano Beach, FL 33069
      View Details
    • $13 SF/Yr
      93,000 SF

      Pompano Beach Warehouse Space Available

      Industrial warehouse, flexible space, prime location.
      1401 10Th Ave, Pompano Beach, FL 33069
      View Details
    • $24 SF/Yr
      1,678 SF

      McNab Road Warehouse Space For Sale

      1678 sq ft Warehouse, Excellent Condition
      1661 Mcnab Rd, Pompano Beach, FL 33069
      View Details
    • Contact for pricing
      63,338 SF

      Pompano Beach Warehouse - 63,338 SF

      Class B warehouse, ample parking, prime location.
      3012 25Th Ave, Pompano Beach, FL 33069
      View Details
    • $19 SF/Yr
      6,960 SF

      Pompano Beach Industrial Warehouse

      Multiple units, 1,160-1,205 sqft.
      1451 12Th Ave, Pompano Beach, FL 33069
      View Details
    • $14 SF/Yr
      38,615 SF

      Powerline Road Industrial Space

      Versatile Flex Space, Broward County
      1981 Powerline Rd, Pompano Beach, FL 33069
      View Details
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    935 31st Avea
    Pompano Beach, FL 33069-1191
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!