1941 Dixie HwyPompano Beach, FL 33060

  • Retail properties
  • 7,710 SF
For Lease
$0.03/SF/YR View listing

Property Details for 1941 Dixie Hwy

Year built
1973
Construction
CONCRETE
Lot size
0.53 AC
Property size (Sq ft)
7,710 SF
Zone code
B-3
Property type
Retail properties
Property subtype
Retail space
APN
48-42-26-07-0540
APU
484226070540

Description

This exceptional 7,470 square foot retail property enjoys a prime location near the recently renovated Pompano Beach. The building has recently undergone a complete exterior renovation, presenting a fresh and modern façade. Landscaping and parking lot improvements are nearing completion, enhancing the property's curb appeal and functionality. The space is configured into four individual suites: three at 1,200 square feet each and one larger suite of 1,880 square feet. These suites offer flexibility, with the potential to combine units for a maximum combined space of 4,280 square feet, catering to a variety of tenant needs. Each suite boasts impressive 20-foot ceilings and convenient 12-foot street-level doors, ensuring easy access for both customers and deliveries. The property is zoned B-3, providing a wide range of permitted uses. The APN is 484226070540. This is a single-tenant retail space offering a unique opportunity for businesses seeking a high-visibility location in a revitalized area. The combination of modern aesthetics, ample space, and convenient access makes this property an attractive investment.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $3,479,296
    6.5%
    $3,211,658
    7%
    $2,982,254
  • Comparable approach

    Method
    Valuation
    Relative Method
    $3,753,916
    Geo Method
    $3,753,916
  • Alternative Use

    Use
    Valuation
    Residential
    $2,709,154
    Hospitality
    $2,481,570
    Educational
    $2,064,638
    Medical
    $2,135,644
    Retail
    $3,211,658
1941 Dixie Hwy, Pompano Beach, Florida

Location Insight

City
Pompano Beach
County
Broward
State
Florida
Latitude
26.255
Longitude
-80.1198
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
$23,666
$184,370
$775,630
$960,000
-
$184,370
$775,630
$960,000

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