Updated Aug 14, 2026
SOLDIndustrial
Tyler Workman Of WREV Purchases Industrial Assets At 1500 & 1610 S Dixie Hwy For $7.48M
1500 South Dixie Highway
$7,482,000
$797/SF
Building Size
9,388 SF
Asset Type
Industrial
Closing
Aug 4, 2026
About this deal
AI
The asset involved in the transaction is an industrial property located at 1500 & 1610 S Dixie Hwy in Pompano Beach. The sale was finalized for a price of $7,482,000, featuring a building size of 34,575 square feet and a land size of 60,680 square feet, translating to a price per square foot of $216.
Summary of transaction details:
- Property Type: Industrial
- Transaction Amount: $7,482,000
- Building Square Footage: 34,575 SF
- Land Square Footage: 60,680 SF
- Buyer: Tyler Workman - WREV
- Seller: Ron Davidson - Pompano Crown
- Broker Representatives: Yoni Sunshine & Jason Abitbol - APEX Capital Realty
Yoni Sunshine and Jason Abitbol of APEX Capital Realty represented both the buyer and sellers in this off-market deal. They played a critical role in navigating various challenges during the transaction, such as closing out open permits and renegotiating multiple leases during due diligence while ensuring smooth progression throughout the process.
On the Map
$7,482,000
$797/SF
Industrial
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Players
Pompano Beach Industrial Market Snapshot
Boundary boundary · Industrial · Sale transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
2.12%
Cash-on-Cash
-0.61%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93