Public market commentary. This property is not listed for sale by Justin Crow · Mattis Advisors.

1410 SW 29 Ave

Pompano Beach, FL 33069  ·  Warehouse/Distribution  ·  Folio 494204100010
Building
21,211
square feet
Lot
60,928
1.40 acres
Year built
1982
44 years old
Assessed value
$2,488,890
$117/SF assessed

Ownership and recorded sale history

Owner of recordNORTH RIDGE SQUARE LLC
Last recorded sale2021 — $740,000
At that sale$35/SF
Years since5 years
Broward County Property Appraiser and Florida Division of Corporations. Public records; may lag actual events.

What has actually traded in Powerline Road Industrial

Recorded transactions for industrial properties in the Powerline Road industrial blocks and West Atlantic Boulevard, narrowed to the buildings closest to this one in size and age.

Recorded sales
8
2021–2026
Median price/SF
$149
$54 – $216
Median size
23,517
square feet
Median vintage
1981
year built
Computed across the 8 sales listed below — the closest matches to this building by size and vintage. Transfers under $100,000, multi-parcel portfolio deals that cannot be allocated, and land-dominant parcels are excluded.

Reading this against the corridor

The county assesses this building at $117/SF. Recorded sales of industrial properties in Powerline Road Industrial since 2021 have a median of $149/SF, across a range of $54/SF to $216/SF.

Across those 8 recorded sales, the median sale price came in at 0.97× the county assessed value. Assessed values are set for taxation and are reset on their own schedule, so they routinely sit apart from transaction prices — in either direction.

By footprint it sits in roughly the 65th percentile of industrial properties that have traded in this corridor — 34 of the 96 recorded sales were of larger buildings.

The assessment works out 21% below the median price per square foot of the comparable sales shown below. That is an arithmetic comparison of a tax figure against transaction prices, not a statement about what this building would sell for.

What this means for this building depends on what no public record contains — the leases, the condition, the rent roll.

Recorded sales of comparable size and vintage

PropertySizeBuiltSoldPricePer SF
3195 N Powerline Road
48-09 Warehouse - Flex
27,58619882026$4,800,000$174
2100 N Powerline Road
48-01 Warehousing
22,18419752025$1,800,000$81
3020 Gateway Dr + 1 more parcel
Warehouse/Distribution · combined 22,009 SF portfolio sale
22,00919762024$4,750,000$216
1600 N Powerline Road + 1 more parcel
48-01 Warehousing · combined 17,567 SF portfolio sale
17,56719812024$1,365,000$78
2095 N Andrews Ave
Warehouse/Distribution
16,37619872023$2,250,000$137
601 NW 31 Ave
Warehouse/Distribution
27,51419822022$4,952,600$180
324 SW 13 Ave
Warehouse/Distribution
25,30819802022$1,361,000$54
2121 Blount Rd
Warehouse/Distribution
24,85019852021$4,000,000$161
Recorded sale prices from Broward County public records. Comparable transactions — not an appraisal, and not an opinion of value for this or any property.

Important Disclosures

Not a listing. The property described on this page is not listed for sale or lease by Justin Crow or Mattis Advisors. Justin Crow has no listing authority for this property and does not represent the owner unless explicitly engaged in a written agreement.

Not an appraisal. Nothing on this page constitutes an appraisal, a Broker's Opinion of Value, or a Broker Price Opinion under Florida Statute 475.612. The submarket benchmarks shown are general market observations and are not specific opinions of value for this property.

Public records. All property data is sourced from the Broward County Property Appraiser's public records and is reproduced here for informational purposes. Property data may be inaccurate or out of date. Justin Crow makes no warranty as to the accuracy or completeness of any information on this page.

Owner opt-out. If you are the owner of this property and would prefer this page be removed, please email justin@mattisadvisors.com with the subject "Opt-out — Folio 494204100010." We will remove the page within 24 hours of receipt, no questions asked.

About. Justin Crow is a Florida-licensed real estate associate operating under Mattis Advisors. Brokerage activity is conducted through Mattis Advisors.