1631 Sample RdPompano Beach, FL 33064

Property Details for 1631 Sample Rd

Year built

1966

Construction

CONCRETE

Lot size

0.13 AC

Property size (Sq ft)

1,350 SF

Zone code

B-3

Property type

Grocery and convenience stores

APN

48-43-18-01-1770

APU

484318011770

Description

This exceptional Pompano Beach commercial property, located at 1631 E Sample Road, offers a unique investment opportunity. The main building, totaling 1,350 square feet, is ideally suited for a variety of retail uses, particularly those benefiting from a drive-thru window, such as a coffee shop or fast-food restaurant. Built in 1966, this single-unit structure sits on a lot with ample parking for 20 vehicles, with room for expansion. Adjacent to this building is a 9,256 square foot free-standing building with city approval for construction up to 105 feet in height. This presents a significant opportunity for future development and expansion, offering versatile potential for uses such as medical offices, retail space, showrooms, or even a supermarket. The convenient location on Sample Road in Pompano Beach, Florida (zip code 33064), provides excellent visibility and accessibility. The easy vehicle access and drive-thru capabilities between the two buildings enhance convenience for customers and employees. This property is an excellent choice for investors or businesses seeking a prime location with significant growth potential in a thriving area. The asking price is $795,000.

• CAP approach

  CAP return

  Valuation

  6%

  $474,318

  6.5%

  $437,832

  7%

  $406,559

• Comparable approach

  Method

  Valuation

  Relative Method

  $271,267

  Geo Method

  $271,267

• Alternative Use

  Use

  Valuation

  Industrial / Distribution

  $854,149

  Mixed-Use / Specialty

  $436,136

  Hospitality / Lodging

  $319,804

  Office

  $433,405

  Institutional / Educational

  $453,358

  Residential Income

  $530,429

  Multifamily

  $636,915

  Automotive / Energy

  $388,593

  Parking / Income-Based Land

  $134,232

  Restaurant / Food Service

  $226,550

  Healthcare / Senior Housing

  $447,388

Location Insight

City

Pompano Beach

County

Broward

State

Florida

Latitude

26.2757

Longitude

-80.1009

CBSA code

33100

CBSA name

MIAMI-FORT LAUDERDALE-MIAMI BEACH, FL METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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