1481 26Th AvePompano Beach, FL 33069

Property Details for 1481 26Th Ave

Year built

1972

Construction

MASONRY/CONCRETE MASONRY UNITS (CMUS)

Lot size

0.88 AC

Property size (Sq ft)

2,481 SF

Zone code

I-1

Property type

Retail properties

Property subtype

Gas stations

APN

49-42-04-34-0010

APU

494204340010

Description

This exceptional investment opportunity presents a thriving, multi-tenant retail property located at 1481 SW 26th Ave, Pompano Beach, Florida, 33069. The property, built in 1973, encompasses a 2,481 square foot building situated on a substantial 38,370 square foot lot, zoned CG. Currently operating as a Mobil Gas Station with a convenience store and QSR/fast food component, this property boasts 100% occupancy with two tenants. The property features six gas pumps, recently upgraded in late 2023, and a hand car wash. The current business hours are 6 AM to 8 PM, presenting significant potential for increased revenue with extended operating hours. The asking price is $1,150,000, translating to $463.52 per square foot. Rent bumps are included in the lease agreements. This fee-simple ownership opportunity includes the added benefit of a potential property purchase option with a prorated credit available. This high-net business, located on a major thoroughfare, offers a strong return on investment and significant upside potential for a new owner. The property's current success, coupled with the potential for expansion, makes this a truly compelling investment.

• CAP approach

  CAP return

  Valuation

  6%

  $1,084,286

  6.5%

  $1,000,880

  7%

  $929,388

• Comparable approach

  Method

  Valuation

  Relative Method

  $1,847,001

  Geo Method

  $1,847,001

• Alternative Use

  Use

  Valuation

  Residential

  $844,279

  Hospitality

  $773,355

  Educational

  $643,423

  Medical

  $665,551

  Retail

  $1,000,880

Location Insight

City

Pompano Beach

County

Broward

State

Florida

Latitude

26.2112

Longitude

-80.1565

CBSA code

33100

CBSA name

MIAMI-FORT LAUDERDALE-MIAMI BEACH, FL METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

FAQs

How do I add a non-forward facing team member such as a broker coordinator or broker aide to a listing in order to ensure they get notifications on the property?

Please email our support team at [email protected] and they will add the team member.

How do I access a private listing?

Please contact the broker directly with the information provided on the listing. Once the broker approves your credentials he will make the information public to you.

How can I contact the broker?

We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.

How do I unsubscribe from emails?

At the footer of each email you will find links to Reduce Email Frequency, Adjust Email Settings or Unsubscribe altogether. If you choose to Unsubscribe and are still receiving emails please reach out to us at [email protected].