956 SW 12Th Ave, Pompano Beach, FL 33069
- Manufacturing properties
- 13,286 SF
- 0.85 lot acres
Current Use by Public Records
- Manufacturing properties
Property Details for 956 SW 12Th Ave
- Year built
- 1969
- Construction
- CONCRETE
- Lot size
- 0.85 lot acres
- Zone code
- I-1
- Property type
- Manufacturing properties
- APN
- 49-42-02-00-0560
- APU
- 494202000560
Sales History
| Date | Price | Buyer | Seller | Deed Type | Mortgage |
|---|---|---|---|---|---|
| Jul 13, 2022 | $2,330,000 | Joefran Investments LLC | Kursk Properties LLC | Warranty Deed | $1.9M · Bankunited NA |
| May 29, 2019 | — | Kursk Properties LLC | — | Deed · related | $810k · Red Star Mortgage Corp |
| May 4, 2015 | $750,000 | Kursk Properties LLC | 956 South Andrews LLC | Grant Deed | $636k · 956 South Andrews LLC |
| Sep 23, 2013 | $525,100 | 956 South Andrews LLC | Hatt,philip Coc | Trustees Deed · related | — |
| Mar 6, 2006 | $1,225,000 | Dorset Investment Group INC | Brody,harold & Florence | Warranty Deed | $919k · American National Bank & Trust |
Description
This exceptional Pompano Beach industrial property offers 13,286 square feet of versatile space, ideal for distribution, manufacturing, or warehousing. Situated on a substantial 61,688-square-foot lot, this single-unit building boasts I-1 zoning, allowing for a variety of uses. Built in 1970, the property is offered at $5,500,000, translating to $413.97 per square foot. The gross lease structure simplifies tenancy. Its prime location in Broward County, Florida (zip code 33069), provides easy access to major transportation arteries, making it strategically advantageous for logistics and distribution businesses. The property is delivered with unity of title, ensuring a streamlined ownership transfer. This well-maintained asset presents an excellent opportunity for repositioning and rental income growth within a highly sought-after industrial submarket. The property's excellent visibility and location contribute to its significant appeal.
Value Estimations
-
AI approach
- Method
- Estimation
- Statistic approach
- $1,700,000
- ML approach
- $1,735,000
-
CAP approach
- CAP Return
- Estimation
- 6%
- $1,340,000
- 6.5%
- $1,235,000
- 7%
- $1,150,000
-
Comparable approach
- Method
- Estimation
- AI Estimate
- $1,401,000
Market price range: $393k - $4.65M
Get a detailed, property-specific estimation — fast and free
Location Insight
- Map
- Local Demand
- City
- Pompano Beach
- County
- Broward
- State
- Florida
- Longitude
- -80.138
- Latitude
- 26.2173
- CBSA code
- 33100
- CBSA name
- MIAMI-FORT LAUDERDALE-MIAMI BEACH, FL METROPOLITAN STATISTICAL AREA
