1735 Banks RdMargate, FL 33063

  • Industrial properties
  • 2,273 SF
For Sale
$795,000 View listing

Property Details for 1735 Banks Rd

Year built
2004
Construction
CONCRETE
Lot size
0.05 AC
Property size (Sq ft)
2,273 SF
Zone code
M-1A
Property type
Industrial properties
Property subtype
Other warehouses
APN
48-42-30-33-0180
APU
484230330180

Description

This exceptional 4,500 square foot flex office/warehouse property is ideally situated in North Broward County's Margate, offering unparalleled convenience and accessibility. The unit boasts a versatile layout, currently configured with approximately 2,250 square feet of office space and the remaining area adaptable for warehouse use. The office space features two spacious private offices, a smaller reception area, and a single ADA-compliant bathroom complete with a shower. A large open bullpen area offers flexibility, potentially convertible back to warehouse space to suit a variety of business needs. The entire bay is fully air-conditioned for optimal comfort. The warehouse area itself benefits from impressive ceiling heights exceeding 20 feet, providing ample vertical storage capacity. Access is facilitated by a 12x14 grade-level overhead door, perfect for loading and unloading. Two designated parking spaces are included for added convenience. The property enjoys excellent visibility with frontage on Banks Road. This property is zoned M1-A, allowing for light industrial uses. The property is available for purchase at $795,000 and is also available for lease, with occupancy commencing March 1st, 2025. The 0.1-acre lot provides ample space for operations.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • Alternative Use

    Use
    Valuation
    Residential
    $773,497
    Hospitality
    $708,519
    Educational
    $589,480
    Medical
    $609,753
    Retail
    $916,969
1735 Banks Rd, Margate, Florida

Location Insight

City
Margate
County
Broward
State
Florida
Latitude
26.2528
Longitude
-80.195
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
$8,636
$45,000
$413,050
$458,050
-
$45,000
$413,050
$458,050

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