Industrial Properties in Pompano Beach, Florida, offer a unique investment opportunity for those looking to capitalize on the city's growing economy. With a population of approximately 110,000, Pompano Beach is an attractive location for businesses and individuals alike. Industrial Properties in Pompano Beach can represent a range of investments, from warehouses and manufacturing facilities to distribution centers and more. These properties often offer a stable source of income and the potential for long-term appreciation in value. Pompano Beach's strategic location, with easy access to major transportation hubs, including the Pompano Beach Tri-Rail station and several bus routes operated by Broward County Transit, makes it an ideal location for Industrial Properties. The city's amenities, including the Pompano Beach Community Park, Kester Park, and the Pompano Beach Municipal Golf Course, also contribute to its appeal. Additionally, the presence of notable companies, such as Associated Grocers of Florida, and institutions, like Augustine Graduate School, further enhance the city's business-friendly environment.
Pompano Beach's Industrial Properties are part of a larger landscape of commercial real estate opportunities in the city. With 29 Industrial Properties currently available for sale, investors have a range of options to choose from. In addition to Industrial Properties, Pompano Beach is also home to Warehouses, such as those near the Pompano Beach Airpark, which offer flexible storage and distribution solutions. Land is also available for development, providing opportunities for investors to build their own Industrial Properties or other commercial ventures. Apartment Buildings, like those in the Pompano Beach Highlands neighborhood, offer a different type of investment opportunity, with a focus on residential rentals. Finally, Commercial Real Estate, including office buildings and retail spaces, rounds out the range of investment options in Pompano Beach. Overall, Pompano Beach's diverse commercial real estate market offers something for every type of investor.
What is the average price per square foot for industrial properties in Pompano Beach?
The average price per square foot for industrial properties in Pompano Beach is $740 USD per square foot, with 29 available listings ranging in size from 15,569 square feet to 77,265 square feet, and an average cap rate of 7.12%.
How do location and transportation access affect industrial property values?
In Pompano Beach, Florida, the location and transportation access of industrial properties significantly impact their values, with proximity to major transportation hubs, highways, and the Atlantic Ocean coast influencing property prices and desirability.
- The Pompano Beach Tri-Rail station, Northeast Transit Center, and Pompano Citi Centre provide connections to other major areas, making industrial properties nearby more attractive to businesses and investors, thereby increasing their values.
- The city's 3 miles of beachfront and proximity to the Hillsboro Inlet also enhance the appeal of industrial properties, particularly those in the Pompano Beach Highlands, Collier Manor-Cresthaven, and Leisureville neighborhoods, which offer easy access to the ocean and major transportation routes.
- With an average price per square foot of $740 USD and an average size of 15,569 square feet, industrial properties in Pompano Beach that offer convenient transportation access and a desirable location can command higher prices and rents, resulting in higher property values.
