2075 Powerline RdPompano Beach, FL 33069

  • Investment properties
  • 6,081 SF
For Lease
$15/SF/YR View listing

Property Details for 2075 Powerline Rd

Year built
1987
Construction
CONCRETE
Lot size
0.17 AC
Property size (Sq ft)
6,081 SF
Zone code
I-1
Property type
Investment properties
Property subtype
Retail residential properties
APN
48-42-28-12-0026
APU
484228120026

Description

This exceptional Pompano Beach commercial property, the Copans Powerline Commerce Center, offers a diverse range of office and industrial spaces for lease. Located at 2075 Powerline Rd, in Broward County, Florida (zip code 33069), this strategically positioned center boasts excellent frontage on North Powerline Road, just south of Copans Road. Its convenient location provides easy access to major transportation arteries, being only one mile east of the Florida Turnpike and one mile west of Interstate 95 (I-95). The property encompasses a total of 97,420 square feet on a 5.2-acre lot. Multiple tenancy options are available, with a minimum divisible space of 5,000 square feet and a maximum contiguous space of 9,600 square feet. Currently, 14,600 square feet of space is vacant and ready for immediate occupancy. The building caters to various business needs, encompassing traditional office, executive office, and warehouse space, making it an ideal location for a variety of businesses. This property presents a unique opportunity to establish a presence in a highly accessible and desirable location within Pompano Beach's thriving commercial market. The property is classified as Office, Industrial.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $2,042,245
    6.5%
    $1,885,149
    7%
    $1,750,496
  • Comparable approach

    Method
    Valuation
    Relative Method
    $1,821,110
    Geo Method
    $1,821,110
  • Alternative Use

    Use
    Valuation
    Residential
    $1,885,149
    Hospitality
    $1,726,787
    Educational
    $1,436,666
    Medical
    $1,486,076
    Retail
    $2,234,814

Location Insight

City
Pompano Beach
County
Broward
State
Florida
Latitude
26.2558
Longitude
-80.1524
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
$20,104
$73,750
$732,460
$806,210
-
$73,750
$732,460
$806,210

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