2031 2Nd StPompano Beach, FL 33069

  • Retail properties
  • 3,159 SF
For Lease

Property Details for 2031 2Nd St

Year built
1961
Construction
CONCRETE
Lot size
0.11 AC
Property size (Sq ft)
3,159 SF
Zone code
B-1
Property type
Retail properties
Property subtype
Turn key restaurants
APN
48-43-05-02-0450
APU
484305020450

Description

This exceptional Class A industrial warehouse space, located at 2031 SW 2nd St, Pompano Beach, FL 33069, offers 59,321 square feet of flexible space ideal for warehouse, distribution, or R&D operations. Situated within a 1.3 million square foot master-planned business park, this property boasts 30-foot clear ceilings, 14 loading docks with 4 edge-of-dock levelers, and one drive-in door. The building features a concrete ramp, ESFR fire suppression system, and 54' x 50' column spacing for efficient layout. Enjoy 24-hour access, a robust 3-phase heavy power supply, and an energy performance rating of A. Amenities include air conditioning in common areas, restrooms, a security system, and signage opportunities. The property is strategically located with immediate access to I-95 and quick access to Florida's Turnpike, providing excellent regional connectivity. Zoned I-1 in Broward County, this space is part of a larger complex with shared reception and common area facilities. Tilt-wall construction ensures durability and longevity. The minimum divisible space is 59,321 square feet, with a maximum contiguous space of the same size. The total building size is 113,723 square feet. This property presents a rare opportunity for businesses seeking high-quality industrial space in a prime Pompano Beach location.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $1,409,650
    6.5%
    $1,301,215
    7%
    $1,208,271
  • Comparable approach

    Method
    Valuation
    Relative Method
    $1,538,083
    Geo Method
    $1,538,083
  • Alternative Use

    Use
    Valuation
    Residential
    $1,097,624
    Hospitality
    $1,005,417
    Educational
    $836,496
    Medical
    $865,264
    Retail
    $1,301,215
2031 2Nd St, Pompano Beach, Florida

Location Insight

City
Deerfield Beach
County
Broward
State
Florida
Latitude
26.3166
Longitude
-80.0766
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
$20,863
$149,210
$871,090
$1,020,300
-
$149,210
$871,090
$1,020,300

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