1000 Powerline RdPompano Beach, FL 33069

Property Details for 1000 Powerline Rd

Year built

1992

Construction

CONCRETE

Lot size

2.09 AC

Property size (Sq ft)

22,485 SF

Zone code

B-2

Property type

Retail properties

Property subtype

Retail space

APN

49-42-03-08-0050

APU

494203080050

Description

Powerline Plaza, a 12,054 square foot shopping center situated on a 1,500-acre lot in Broward County, presents a unique investment opportunity. Currently fully vacant, this multi-tenant property offers a flexible layout with a minimum divisible space of 1,240 square feet and a maximum contiguous space of 12,054 square feet, allowing for a variety of retail configurations. The center is strategically located in the heart of Cypress Bend Condominiums and Palm-Aire, a well-established residential community exceeding 1,500 acres, ensuring a substantial built-in customer base. Its prime location offers easy access to major thoroughfares, placing it within minutes of Fort Lauderdale, Boca Raton, and the area's beautiful beaches. Powerline Road, a major north/south artery in northern Broward County, provides exceptional visibility and high traffic volume, guaranteeing significant exposure for tenants. This fully vacant property presents a blank canvas for a developer or investor seeking to establish a thriving retail destination in a high-demand location. The substantial lot size also offers potential for future expansion or development. This is an exceptional opportunity to capitalize on the strong demographics and convenient location of this Broward County retail center.

• CAP approach

  CAP return

  Valuation

  6%

  $9,826,753

  6.5%

  $9,070,849

  7%

  $8,422,931

• Comparable approach

  Method

  Valuation

  Relative Method

  $16,739,147

  Geo Method

  $16,739,147

• Alternative Use

  Use

  Valuation

  Residential

  $7,651,600

  Hospitality

  $7,008,825

  Educational

  $5,831,260

  Medical

  $6,031,806

  Retail

  $9,070,849

Location Insight

City

Pompano Beach

County

Broward

State

Florida

Latitude

26.2166

Longitude

-80.1555

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].