1001 NW 31st Ave

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1001 NW 31st Ave

Pompano Beach, FL 33069
Asking Price
$375K
Asset Type
Commercial Land
Class
Class B

AI Property Summary

Structured overview optimized for LLM context (ChatGPT, Perplexity, Claude).

  • Commercial land parcel measuring 1,200 square feet
  • Priced for sale at 375,000 dollars
  • Situated at 1001 NW 31st Ave in Pompano Beach
  • Strategic location within an active South Florida commercial market
  • Suitable for various specialized commercial development projects

What's Special

Development of a commercial project is well-suited for this 1,200 square foot parcel located at 1001 NW 31st Ave in Pompano Beach, Florida. The site provides a compact footprint for specialized business operations or specific commercial utility requirements within a key Broward County corridor. Positioned in a region recognized for its active industrial and commercial submarkets, the property benefits from the broader economic growth found throughout the South Florida metropolitan area. This location offers connectivity to major regional transit routes, supporting logistics and accessibility for various enterprise needs. Investors and business owners looking for a strategic land acquisition in this coastal market will find this site positioned to serve local demand. The footprint allows for flexible design approaches tailored to specific commercial zoning requirements. This land provides a clear pathway for ground-up construction or site-specific development plans designed to capitalize on the ongoing commercial expansion within the Pompano Beach submarket.

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NOI
$80,000
Cap Rate
21.33%
DSCR
3.59
Strong
Cash-on-Cash
51.32%
Monthly Payment
$1,855.295
Annual Cash Flow
$57,736.455

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