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Executive Summary 2050 Hammondville Rd. Pompano Beach, FL 33069 John D. McQueston, MBA Commercial Property Specialist Broker Associate Office: 954-427-8686 Fax: 954-427-0117 Cell: 561-706-7721 [email protected] www.JohnMcQueston.com 1233 E Hillsboro Blvd. Deerfield Beach, FL 33441

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Page 1: Executive Summary 2050 Hammondville Rd. Pompano Beach, FL … · 2017-03-20 · LOCATION Located at the intersection of Powerline Rd. & Hammondville Rd. ZONING B-3 General Business

Executive Summary 2050 Hammondville Rd.

Pompano Beach, FL 33069

John D. McQueston, MBA Commercial Property Specialist

Broker Associate Office: 954-427-8686

Fax: 954-427-0117 Cell: 561-706-7721

[email protected] www.JohnMcQueston.com

1233 E Hillsboro Blvd. Deerfield Beach, FL 33441

Page 2: Executive Summary 2050 Hammondville Rd. Pompano Beach, FL … · 2017-03-20 · LOCATION Located at the intersection of Powerline Rd. & Hammondville Rd. ZONING B-3 General Business

For Sale 2 Parcels 3.77 Acres 164,221SF

DESCRIPTION

3.77 Acres of prime commercial development land in the heart of the Pompano Beach on

signalized corner with high visibility. Ideal property for commercial or multifamily development.

This site can be combined with adjacent parcels totaling over 12.8 acres.

PROPERTY VIDEO TOUR https://www.youtube.com/embed/f155lHC6FU0

PRICING $3,500,000 ($928,381.96 per acre, $21.31 price per SF)

LOCATION Located at the intersection of Powerline Rd. & Hammondville Rd.

ZONING B-3 General Business

TRAFFIC COUNT 56,000 cars daily (Hammondville Rd. & Powerline Rd. Traffic Counts)

FOLIOS 4842-34-00-0271, 4842-34-00-0270

DEMOGRAPHICS

2013 Estimate

1 mile 3 mile 5 mile

HH Population: 2,869 38,865 134,470

Average HH Income: $29,855 $45,083 $51,406

Shoppes at Independence Bay 1.25 Acre Outparcel - Retail, Auto, Flex

For Sale or Ground Lease

1101 S. Powerline Road

Deerfield Beach, FL 33442

We obtained the information above from sources we believe to be reliable. However, we have not verified its accuracy and make no guarantee, warranty or

representation about it. It is submitted subject to the possibility of errors, omissions, change of price, rental or other conditions, prior sale, lease or financing,

or withdrawal without notice. We include projections, opinions, assumptions or estimates for example only, and they may not represent current or future

performance of the property. You and your tax and legal advisors should conduct your own investigation of the property and transaction.

FOR MORE INFORMATION:

John D. McQueston

[email protected] 561-706-7721 (cell)

www.johnmcqueston.com

1233 E. Hillsboro Blvd

Deerfield Beach, FL 33441

954.427.8686 T.

954.427.0117 F.

3.77 Acres on High Traffic

Signalized Corner in

Pompano Beach

Disclaimer: This offering subject to errors, omissions, prior sale or withdrawal without notice.

For Sale $3,500,000 2050 Hammondville Rd.

Pompano Beach, FL 33069

Page 3: Executive Summary 2050 Hammondville Rd. Pompano Beach, FL … · 2017-03-20 · LOCATION Located at the intersection of Powerline Rd. & Hammondville Rd. ZONING B-3 General Business

FOR MORE INFORMATION:

John D. McQueston

[email protected] 561-706-7721 (cell)

www.johnmcqueston.com

1233 E. Hillsboro Blvd

Deerfield Beach, FL 33441

954.427.8686 T.

954.427.0117 F.

Disclaimer: This offering subject to errors, omissions, prior sale or withdrawal without notice.

Location Map For Sale $3,500,000

2050 Hammondville Rd.

Pompano Beach, FL 33069

2050

Hammondville

Rd.

Po

we

rline R

d

W Atlantic Blvd

Page 4: Executive Summary 2050 Hammondville Rd. Pompano Beach, FL … · 2017-03-20 · LOCATION Located at the intersection of Powerline Rd. & Hammondville Rd. ZONING B-3 General Business

Population 2011 Projection 2013 Projection< 1 Mile < 3 Miles < 5 Miles < 1 Miles < 3 Miles < 5 Miles

Total Estimated Population 8,783 103,260 345,674 8,953 99,353 329,904

Total Census 2000 Population 7,112 97,390 329,147 7,112 97,390 329,147

Population Change % 30 7 3 35 2 -3

Population Density (People/SQ Mile) 5,412 5,088 5,648 5,593 4,842 5,296

Median Age 34 47 47 36 47 49

Total Males 4,221 51,133 171,166 4,317 49,573 164,269

Total Females 4,562 52,127 174,508 4,636 49,780 165,635

Population By Age Group 2011 Projection 2013 Projection< 1 Mile < 3 Miles < 5 Miles < 1 Miles < 3 Miles < 5 Miles

4 Years Old and Younger 664 5,831 18,535 668 5,514 17,227

5 - 9 Years Old 749 6,723 21,444 746 6,354 20,017

10 - 14 Years Old 730 6,444 20,774 718 6,350 20,098

15 - 19 Years Old 741 6,189 19,968 735 6,387 20,423

20 - 24 Years Old 764 6,331 19,895 756 6,349 20,195

25 - 29 Years Old 695 6,424 20,021 711 6,157 19,434

30 - 34 Years Old 604 6,648 21,238 622 5,866 18,346

35 - 39 Years Old 563 7,177 24,159 571 6,225 19,914

40 - 44 Years Old 598 7,955 27,716 590 7,202 23,926

45 - 49 Years Old 564 7,650 27,267 560 7,296 25,025

50 - 54 Years Old 474 6,472 23,423 504 6,820 24,085

55 - 59 Years Old 383 5,666 21,066 435 6,089 22,004

60 - 64 Years Old 323 4,633 4,633 338 5,053 18,754

65 - 69 Years Old 280 3,649 13,415 283 3,886 14,327

70 - 74 Years Old 228 3,290 11,627 234 3,197 11,677

75 - 79 Years Old 177 3,305 10,863 187 2,743 9,626

80 - 84 Years Old 119 3,275 10,072 125 2,529 8,478

85 Years Old and Older 127 5,598 16,753 170 5,336 16,348

Demographic ReportPrepared By: John McQueston

Page 5: Executive Summary 2050 Hammondville Rd. Pompano Beach, FL … · 2017-03-20 · LOCATION Located at the intersection of Powerline Rd. & Hammondville Rd. ZONING B-3 General Business

Population By Ethnicity 2011 Projection 2013 Projection< 1 Mile < 3 Miles < 5 Miles < 1 Miles < 3 Miles < 5 Miles

White 1633 62660 245336 1572 56403 222417

Black 6978 36633 83081 7241 39065 90153

Native American 43 533 1834 38 521 1833

Asian 35 1850 9286 34 1958 9798

Pacific Islander 0 81 459 0 62 372

2 or More Races 94 1503 5678 68 1344 1344

Hispanic 1140 19371 70529 1242 20901 75308

White Non-Hispanic 601 44825 179188 501 37924 154291

Housing 2011 Projection 2013 Projection< 1 Mile < 3 Miles < 5 Miles < 1 Miles < 3 Miles < 5 Miles

Total Estimated Households 2,812 41,560 144,310 2,869 38,865 134,470

Total Census 2000 Households 2,242 41,901 143,962 2,242 41,901 143,962

Average Household Size 3.00 2.48 2.38 0.08 5.80 1.80

Total Housing Units 2,807 53,337 186,623 2,898 56,529 198,034

Owners 1,057 29,783 110,861 1,080 31,441 117,481

Renters 1,276 15,997 48,973 1,335 17,041 52,103

Vacant Housing Units 474 7,558 26,792 482 8,047 28,453

Page 6: Executive Summary 2050 Hammondville Rd. Pompano Beach, FL … · 2017-03-20 · LOCATION Located at the intersection of Powerline Rd. & Hammondville Rd. ZONING B-3 General Business

Income By Household 2011 Projection 2013 Projection< 1 Mile < 3 Miles < 5 Miles < 1 Miles < 3 Miles < 5 Miles

Under $10,000 726 4,663 13,531 753 4,541 12,706

$10,000 - $14,999 289 2,833 9,862 295 2,632 9,082

$15,000 - $19,999 208 3,425 10,211 211 3,217 9,526

$20,000 - $24,999 237 3,153 10,618 248 2,922 9,847

$25,000 - $29,999 207 3,418 10,871 212 3,193 10,128

$30,000 - $34,999 233 3,463 10,867 238 3,248 10,205

$35,000 - $39,999 187 2,384 8,959 185 2,210 8,366

$40,000 - $44,999 133 2,842 9,197 133 2,634 8,586

$45,000 - $49,999 109 2,051 7,046 111 1,920 6,608

$50,000 - $59,999 179 3,487 13,238 184 3,242 12,398

$60,000 - $74,999 120 3,681 13,724 117 3,432 12,823

$75,000 - $99,999 84 3,117 12,439 81 2,884 11,583

$100,000 - $124,999 34 1,288 1,288 36 1,163 5,425

$125,000 - $149,999 0 580 2,451 0 527 2,221

$150,000 - $199,999 7 346 1,944 7 313 1,764

Over $200,000 31 535 2,467 31 489 2,213

Median Household Income $23,754 $36,818 $40,988 $23,630 $36,772 $40,996

Aggregate Household Income $87,306,745 $1,888,479,046 $7,251,206,160 $88,184,243 $1,744,221,896 $6,702,897,665

Average Household Income $29,829 $45,190 $51,527 $29,855 $45,083 $51,406

Per Capita Household Income $9,674 $19,171 $22,593 $9,704 $18,985 $22,409

Page 7: Executive Summary 2050 Hammondville Rd. Pompano Beach, FL … · 2017-03-20 · LOCATION Located at the intersection of Powerline Rd. & Hammondville Rd. ZONING B-3 General Business

Household Expenditures 2011 Projection 2013 Projection< 1 Mile < 3 Miles < 5 Miles < 1 Miles < 3 Miles < 5 Miles

Total Annual Household $84,075,315 $1,587,325,087 $5,837,842,356 $85,606,269 $1,484,115,379 $5,461,232,341

Average Annual Household $29,243 $37,994 $40,545 $29,310 $38,191 $40,752

Food $208 $5,053 $5,317 $4,169 $5,005 $5,276

Cereals & Bakery Products $358 $392 $403 $351 $387 $398

Cereals & Cereal Products $129 $140 $145 $129 $139 $144

Bakery Products $246 $278 $287 $240 $269 $278

Meats, Poultry, Fish & Eggs $711 $816 $850 $710 $824 $859

Dairy Products Misc $281 $326 $340 $281 $330 $345

Housing $10,145 $12,666 $13,384 $10,174 $12,779 $13,506

Owned Dwellings $3,098 $4,571 $5,001 $3,092 $4,618 $5,061

Mortgage Interest & Charges $163 $229 $249 $166 $232 $252

Property Taxes $936 $1,327 $1,439 $937 $1,306 $1,409

Rented Dwellings $2,737 $2,536 $2,536 $2,668 $2,456 $2,390

Utilities, Fuels & Public Services $2,431 $2,939 $3,063 $2,473 $2,975 $3,093

Natural Gas $367 $440 $459 $353 $423 $439

Electricity $921 $1,081 $1,121 $940 $1,095 $1,133

Fuel Oil or Other Fuels $94 $113 $117 $95 $114 $118

Telephone Services $804 $973 $1,013 $816 $1,006 $1,050

Water & Other Public Services $251 $312 $326 $258 $320 $335

Household Operations $435 $605 $660 $429 $597 $650

Personal Services $163 $229 $249 $166 $232 $252

Other Household Expenses $295 $412 $447 $291 $415 $454

Housekeeping Supplies $450 $540 $565 $440 $524 $548

Household Furnishings & Equipment $917 $1,270 $1,378 $906 $1,231 $1,327

Furniture $218 $327 $360 $217 $321 $351

Floor Coverings $24 $33 $36 $23 $33 $36

Major Appliances $136 $189 $203 $133 $188 $201

Sm. Appliances & Misc Housewares $71 $88 $93 $71 $88 $93

Apparel & Services $1,128 $1,387 $1,473 $1,150 $1,404 $1,490

Transportation $5,038 $6,855 $7,348 $5,142 $7,005 $7,510

Maintenance & Repairs $421 $545 $575 $428 $547 $575

Vehicle Insurance $755 $991 $1,049 $789 $1,017 $1,069

Public Transportation $2,193 $325 $357 $227 $323 $354

Health Care $2,193 $2,704 $2,814 $2,179 $2,665 $2,768

Entertainment $1,430 $1,964 $2,120 $1,427 $1,995 $2,164

Tobacco & Smoking Related $244 $270 $274 $250 $279 $283

Cash Contributions $818 $1,191 $1,297 $816 $1,187 $1,292

Personal Insurance & Pensions $2,124 $3,588 $4,036 $2,128 $3,548 $3,972

Life & Other Personal Insurance $211 $302 $328 $213 $304 $331

Pensions & Social Security 1,936 3,299 3,719 1,924 3,256 $3,656

Page 8: Executive Summary 2050 Hammondville Rd. Pompano Beach, FL … · 2017-03-20 · LOCATION Located at the intersection of Powerline Rd. & Hammondville Rd. ZONING B-3 General Business

COMMERCIAL TRADE AREA REPORT

Pompano Beach, FL 33069

Presented by

John McQuestonFlorida Real Estate License: 671011

Mobile: (561) 706-7721 | Fax: (954) 427-0117

[email protected]

Campbell & Rosemurgy Commercial RE1233 E Hillsboro BlvdDeerfield Beach, FL 33441

Copyright 2015 Realtors Property Resource® LLC. All Rights Reserved. Information is not guaranteed. Equal Housing Opportunity.

3/20/2015

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Page 9: Executive Summary 2050 Hammondville Rd. Pompano Beach, FL … · 2017-03-20 · LOCATION Located at the intersection of Powerline Rd. & Hammondville Rd. ZONING B-3 General Business

Criteria Used for AnalysisIncome:Median Household Income

Age:Median Age

Population Stats:Total Population

Segmentation:1st Dominant Segment

$37,052 42.0 26,530 Retirement CommunitiesConsumer SegmentationLife Mode UrbanizationWhat are thepeople like thatlive in this area?

Senior StylesSenior lifestyles by income, age and housing type

Where do peoplelike this usuallylive?

Metro Cities IIDensely populated transition neighborhoods in larger cities

Top Tapestry Segments

% of Households 5,345 (48.5%) 1,841 (16.7%) 1,413 (12.8%) 939 (8.5%) 933 (8.5%)

% of Pompano Beach 10,918 (26.1%) 1,841 (4.4%) 3,470 (8.3%) 3,043 (7.3%) 2,525 (6.0%)

RetirementCommunities Metro City Edge Silver and Gold City Dimensions

Old andNewcomers

Lifestyle Group 5 Senior Styles 3 Metropolis 5 Senior Styles 8 Global Roots 4 Solo Acts

Urbanization Group 4 Metro Cities II 6 Urban Outskirts II 7 Suburban Periphery I 4 Metro Cities II 4 Metro Cities II

Residence Type Multi-Units Single Family; Duplex Single Family orSeasonal

Multi-Unit Rentals Multi-Unit Rentals

Household Type Singles Family Mix Married Couples With orWithout Kids

Mixed Singles; Shared

Average Household Size 1.91 2.89 2.08 2.7 1.99

Median Age 52.6 29.4 60.1 29.2 37.2

Diversity Index 42 52 25 84 59

Median Household Income $49,174 $33,018 $67,806 $28,963 $44,601

Median Net Worth $99,494 $14,773 $331,108 $12,275 $23,498

Median Home Value $183,328 $70,892 $274,320 $76,641 $149,772

Homeownership 54 % 53 % 83 % 34 % 37 %

Employment Professional orManagement

Services, Skilled,Professional orManagement

Retired, Professional orManagement

Skilled or Services Professional,Management orServices

Education Some College No High SchoolDiploma; High SchoolGrad

Some College;Bachelor's or Graduate

No High SchoolDiploma; High SchoolGrad

Some College;Bachelor's Degree

Preferred Activities Travel. Do indoorgardening or plant care.

Buy baby products;toys. Buy designerjeans, dress boots.

Go boating andfishing. Join civic clubs.

Buy video games,tapes. Go roller-skating,go to movies.

Multimedia software andbooks. Play golf andracquetball.

Financial Own shares in tax-exempt funds

Have personaleducation loan

Own stock worth$75,000+

Have personaleducation loan

Own shares in mutualfunds

Media Watch Inside Edition Watch BET Watch Golf Channel Watch BET, MTV2,Game Show Network

Listen to classic hitsradio

Vehicle Own or lease domesticvehicle

Own or lease Pontiac Spent $20K-$30K onlast vehicle

Own or lease Ford Own or lease compactcar

Pompano Beach, FL 33069

Copyright 2015 Realtors Property Resource® LLC. All Rights Reserved. Information is not guaranteed. Equal Housing Opportunity. 3/20/2015

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Page 10: Executive Summary 2050 Hammondville Rd. Pompano Beach, FL … · 2017-03-20 · LOCATION Located at the intersection of Powerline Rd. & Hammondville Rd. ZONING B-3 General Business

DemographicMost of the households in Retirement Communities neighborhoods aresingle seniors who live alone; a fourth is married couples with no childrenliving at home. This older market has a median age of 50.3 years. One-third of the residents and 44 percent of householders are aged 65 yearsor older. Twenty-three percent of the population and 31 percent ofhouseholders are aged 75 years or older. Most of the residents arewhite.

SocioeconomicThe median household income for Retirement Communities is $46,251,slightly below the US median. Nearly half of the households earn incomefrom interest, dividends, and rental properties; 45 percent receive SocialSecurity benefits; and 26 percent receive retirement income. Most ofthose still working are employed in white-collar occupations. RetirementCommunities residents are an educated group: 14 percent of theresidents aged 25 years and older hold a graduate degree, 35 percenthave a bachelor's degree, and more than 60 percent have attendedcollege.

ResidentialRetirement Communities neighborhoods are found mostly in citiesscattered across the United States. Most housing was built after 1959.Congregate housing with meals and other services included in the rent isa feature of these neighborhoods. Fifty-seven percent of the householdslive in multiunit buildings; however, 34 percent of the housing is single-family structures, and 8 percent is townhouses. The home ownershiprate is 53 percent.

PreferencesWith more time to spend on leisure activities and hobbies, residents playmusical instruments, paint or draw, work crosswords, play bingo, orattend adult education classes. They also visit museums, attend thetheater, go dancing, practice yoga, go canoeing, and play golf. They willtravel to gamble in Atlantic City or to visit Disney World. They attendsports events such as golf tournaments, tennis matches, and baseballgames. They spend time with their grandchildren and spoil them withtoys. Politically active, these residents are "joiners" and belong to civicclubs and charitable organizations. They own stocks and bank online.They prefer to own or lease a domestic vehicle. These residents describethemselves as moderate or frequent viewers of daytime and primetimeTV. They watch news programs and baseball games, tennis matches,and golf tournaments. Cable channel favorites are Bravo, truTV, ESPNnews, and Travel Channel. They listen to classical and public radio. Avidreaders, they regularly read daily newspapers.

An overview of who makes up this segment across the United States

The demographic segmentation shown here can help you understand the lifestyles and life stages of consumers in a market. Data provider Esriclassifies U.S. residential neighborhoods into 65 unique market segments based on socioeconomic and demographic characteristics. Data Source:Esri 2012. Update Frequency: Annually.

This is the

#1dominant segmentfor this area

In this area

48.5%of households fallinto this segment

In the United States

1.6%of households fallinto this segment

About this segment

Retirement Communities

Pompano Beach, FL 33069

Copyright 2015 Realtors Property Resource® LLC. All Rights Reserved. Information is not guaranteed. Equal Housing Opportunity. 3/20/2015

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Page 11: Executive Summary 2050 Hammondville Rd. Pompano Beach, FL … · 2017-03-20 · LOCATION Located at the intersection of Powerline Rd. & Hammondville Rd. ZONING B-3 General Business

DemographicMarried couples, single parents, and multigenerational families are thehousehold types found in Metro City Edge neighborhoods. Grandparentsare caregivers in 4 percent of these households, twice the US rate. Themedian age of this segment is 30.8 years because of the children,including adult children who still live at home. The average family size of3.5 is slightly higher than the US average. Seventy-two percent of theresidents are black; 17.3 percent are white; and 4 percent are AmericanIndian—four times the US level.

SocioeconomicThe median household income for this segment is $29,269. Although 78percent of households derive income from wages and salaries, 9 percentreceive public assistance and 9 percent receive Supplemental SecurityIncome. Nearly half of employed residents work in service industries.One in ten residents aged 25 years or older have a bachelor's orgraduate degree; four in ten have attended college.

ResidentialMetro City Edge residents live in older suburban neighborhoods of largemetropolitan cities, primarily in the Midwest and South. Sixty-eightpercent live in single-family homes; 14 percent live in buildings with twoto four units. The home ownership rate is 49 percent. Although homeprices are relatively inexpensive, many families are young, unsettled,and still renting. Seventy percent of the housing units were built before1970.

PreferencesMetro City Edge residents must spend their money wisely to ensure thewelfare of their children. They tend to shop for groceries at PigglyWiggly, Kroger, and Aldi but will go to superstores and wholesalers forbulk purchases of household and children's items. Some will have theirvehicles serviced at auto parts chains. They eat at fast-food or family-style restaurants such as Old Country Buffet or Ryan's. They watchsitcoms, movies, news programs, courtroom shows, and sports such aspro wrestling on TV. Accessing the Internet at home isn't important.They go to the movies and professional football games and playbasketball. They read music and baby magazines and listen to urbanand contemporary hit radio.

An overview of who makes up this segment across the United States

The demographic segmentation shown here can help you understand the lifestyles and life stages of consumers in a market. Data provider Esriclassifies U.S. residential neighborhoods into 65 unique market segments based on socioeconomic and demographic characteristics. Data Source:Esri 2012. Update Frequency: Annually.

This is the

#2dominant segmentfor this area

In this area

16.7%of households fallinto this segment

In the United States

0.9%of households fallinto this segment

About this segment

Metro City Edge

Pompano Beach, FL 33069

Copyright 2015 Realtors Property Resource® LLC. All Rights Reserved. Information is not guaranteed. Equal Housing Opportunity. 3/20/2015

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Page 12: Executive Summary 2050 Hammondville Rd. Pompano Beach, FL … · 2017-03-20 · LOCATION Located at the intersection of Powerline Rd. & Hammondville Rd. ZONING B-3 General Business

DemographicWith a median age of 60.5 years, Silver and Gold residents are thesecond oldest of the Tapestry segments. More than 70 percent are aged55 years or older. Most residents have retired from professionaloccupations. Half of the households are composed of married coupleswithout children. This segment is small, less than 1 percent of all UShouseholds; however, annual household growth is 2.35 percent since2000. Residents of these neighbor-hoods are not ethnically diverse; 93percent of them are white.

SocioeconomicThese are wealthy, educated seniors. Their median household income is$62,761. Fifty-six percent of the households still earn wages or salaries,half collect Social Security benefits, 63 percent receive investmentincome, and 35 percent collect retirement income. The percentage ofthose who work from home is higher than the US worker percentage;nearly one-fourth of employed residents are self-employed, also higherthan the US level.

ResidentialTheir affluence enables them to relocate to sunnier climates. More than60 percent of these households are in the South, mainly in Florida. One-fourth are located in the West, mainly in California and Arizona.Neighborhoods are exclusive, with a home ownership rate of 82 percent.Silver and Gold ranks second of the Tapestry segments for thepercentage of seasonal housing. Because these seniors have moved tonewer single-family homes, they are not living in the homes where theyraised their children.

PreferencesSilver and Gold residents have the free time and resources to pursuetheir interests. They travel domestically and abroad including cruisevacations. They are also interested in home improvement and remodelingprojects. Although they own the tools and are interested in homeimprovement and remodeling projects, they are more likely to contractfor remodeling and housecleaning services. Active in their communities,they join civic clubs, participate in local civic issues, and write tonewspaper or magazine editors. They prefer to shop by phone fromcatalogs such as L.L. Bean and Lands' End. Golf is more a way of lifethan just a leisure pursuit. They play golf, attend tournaments, andwatch The Golf Channel. They also go to horse races, bird watching,saltwater fishing, and power boating. They eat out, attend classicalmusic performances, and relax with a glass of wine. Favorite restaurantsinclude Outback Steakhouse, Cracker Barrel, and Applebee's. Silver andGold residents are avid readers of biography and mystery books andwatch numerous news programs and news channels such as Fox Newsand CNN. Favorite non-news programs include detective dramas.

An overview of who makes up this segment across the United States

The demographic segmentation shown here can help you understand the lifestyles and life stages of consumers in a market. Data provider Esriclassifies U.S. residential neighborhoods into 65 unique market segments based on socioeconomic and demographic characteristics. Data Source:Esri 2012. Update Frequency: Annually.

This is the

#3dominant segmentfor this area

In this area

12.8%of households fallinto this segment

In the United States

1.0%of households fallinto this segment

About this segment

Silver and Gold

Pompano Beach, FL 33069

Copyright 2015 Realtors Property Resource® LLC. All Rights Reserved. Information is not guaranteed. Equal Housing Opportunity. 3/20/2015

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Page 13: Executive Summary 2050 Hammondville Rd. Pompano Beach, FL … · 2017-03-20 · LOCATION Located at the intersection of Powerline Rd. & Hammondville Rd. ZONING B-3 General Business

DemographicDiversity in household type and ethnicity characterizes City Dimensionsneighborhoods. Most of these residents are young, with a median age of29.5 years. Households are a mix of types; most are singles who livealone (31 percent), married-couple families (30 percent), and single-parent families (23 percent). Ethnic diversity is high. Nearly half of theresidents are white and one-fourth are black; however, higher-than-average proportions of other race populations are also represented. Threein ten residents are of Hispanic origin.

SocioeconomicThe median household income is $26,283. Ten percent of thehouseholds receive Supplemental Security Income; 11 percent receivepublic assistance. Employed residents work full-time or part-time,primarily in the service, manufacturing, and retail trade industry sectors.Overall, 35 percent of residents aged 25 years and older have graduatedfrom high school; 9 percent hold a bachelor's or graduate degree.

ResidentialAlthough City Dimensions neighborhoods have a mix of housing types,more than half of the residents rent apartments in multiunit buildings.Most of the real estate is older; approximately 70 percent of the housingunits were built before 1960; 42 percent are pre-1940 structures. Averagegross rent in these older buildings is 17 percent below the US average.Housing types are split between single-family homes and apartments intwo-to four-unit buildings. Although most households have a vehicle,residents seek jobs near their homes, commuting an average of 22minutes to work.

PreferencesCity Dimensions residents watch cable TV often, preferring movies andnews programs to documentaries. Most households own more than onetelevision set. They also like gaming systems. Residents are big-timesports fans and loyal team supporters; this is a top market for buyingand wearing sports team clothes. Because few homes are equipped withcentral air conditioning, they rely on room air conditioners if necessary.Many have recently moved, so they bought household furnishings suchas area rugs and sofas. Families with children spend wisely for children'sand baby products, preferring to shop at discount stores. They use storebrands, particularly for expensive items such as disposable diapers.Households that own vehicles prefer domestic cars and buy usedvehicles. If they have automotive repair expertise, they service their owncars; others rely on the car dealership or a nearby garage. They eat outand go to the movies.

An overview of who makes up this segment across the United States

The demographic segmentation shown here can help you understand the lifestyles and life stages of consumers in a market. Data provider Esriclassifies U.S. residential neighborhoods into 65 unique market segments based on socioeconomic and demographic characteristics. Data Source:Esri 2012. Update Frequency: Annually.

This is the

#4dominant segmentfor this area

In this area

8.5%of households fallinto this segment

In the United States

0.9%of households fallinto this segment

About this segment

City Dimensions

Pompano Beach, FL 33069

Copyright 2015 Realtors Property Resource® LLC. All Rights Reserved. Information is not guaranteed. Equal Housing Opportunity. 3/20/2015

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Page 14: Executive Summary 2050 Hammondville Rd. Pompano Beach, FL … · 2017-03-20 · LOCATION Located at the intersection of Powerline Rd. & Hammondville Rd. ZONING B-3 General Business

DemographicResidents of these transitional neighborhoods are either beginning theircareers or retiring. They range in age from their 20s to 75 and older.Their median age of 36.3 years splits this disparity. There are moresingles and shared households than families in these neighborhoods.Most of the residents are white; however, the diversity closely resemblesthat of the United States.

SocioeconomicThe median household income of $39,234 is below the US median.Educational attainment, college, and graduate school enrollment areabove average. The distribution of employees by occupation is similar tothat of the United States.

ResidentialSpread throughout metropolitan areas of the United States, Old andNewcomers neighborhoods sustain a lot of transition. More than half thepopulation aged five years and older has moved in the last five years.More than 60 percent rent; approximately half in mid-or high-risebuildings, with nearly 14 percent in two-to four-unit buildings. Six in tenhousing units were built between 1969 and 1989. The average gross rentin these neighborhoods is similar to the US average.

PreferencesTheir purchases reflect the unencumbered lifestyles of singles andrenters. They spend less at the grocery store than larger households. Adomestic subcompact or compact car serves them well. They arrangetheir vacations to keep in touch with out-of-town relatives and friends.They read fiction and nonfiction, newspapers, and magazines. Theywatch TV, listen to contemporary hits radio, go to the movies, and rentDVDs to view at home. Their leisure activities are as varied as their ages.They exercise by walking, swimming, and going bowling. They also cookat home.

An overview of who makes up this segment across the United States

The demographic segmentation shown here can help you understand the lifestyles and life stages of consumers in a market. Data provider Esriclassifies U.S. residential neighborhoods into 65 unique market segments based on socioeconomic and demographic characteristics. Data Source:Esri 2012. Update Frequency: Annually.

This is the

#5dominant segmentfor this area

In this area

8.5%of households fallinto this segment

In the United States

2.0%of households fallinto this segment

About this segment

Old and Newcomers

Pompano Beach, FL 33069

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Total PopulationThis chart shows the total population inan area, compared with othergeographies.Data Source: U.S. Census AmericanCommunity Survey via Esri, 2012Update Frequency: Annually

20122017 (Projected)

Population DensityThis chart shows the number of peopleper square mile in an area, comparedwith other geographies.Data Source: U.S. Census AmericanCommunity Survey via Esri, 2012Update Frequency: Annually

20122017 (Projected)

Population Change Since2000This chart shows the percentage changein area's population from 2000 to 2012,compared with other geographies.Data Source: U.S. Census AmericanCommunity Survey via Esri, 2012Update Frequency: Annually

20122017 (Projected)

Average Household SizeThis chart shows the average householdsize in an area, compared with othergeographies.Data Source: U.S. Census AmericanCommunity Survey via Esri, 2012Update Frequency: Annually

20122017 (Projected)

Pompano Beach, FL 33069: Population Comparison

Pompano Beach, FL 33069

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Population Living in FamilyHouseholdsThis chart shows the percentage of anarea’s population that lives in ahousehold with one or more individualsrelated by birth, marriage or adoption,compared with other geographies.Data Source: U.S. Census AmericanCommunity Survey via Esri, 2012Update Frequency: Annually

20122017 (Projected)

Female / Male RatioThis chart shows the ratio of females tomales in an area, compared with othergeographies.Data Source: U.S. Census AmericanCommunity Survey via Esri, 2012Update Frequency: Annually

Women 2012Men 2012Women 2017 (Projected)Men 2017 (Projected)

Pompano Beach, FL 33069

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Median AgeThis chart shows the median age in anarea, compared with other geographies.Data Source: U.S. Census AmericanCommunity Survey via Esri, 2012Update Frequency: Annually

20122017 (Projected)

Population by AgeThis chart breaks down the population ofan area by age group.Data Source: U.S. Census AmericanCommunity Survey via Esri, 2012Update Frequency: Annually

20122017 (Projected)

Pompano Beach, FL 33069: Age Comparison

Pompano Beach, FL 33069

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Average Household IncomeThis chart shows the average householdincome in an area, compared with othergeographies.Data Source: U.S. Census AmericanCommunity Survey via Esri, 2012Update Frequency: Annually

20122017 (Projected)

Median Household IncomeThis chart shows the median householdincome in an area, compared with othergeographies.Data Source: U.S. Census AmericanCommunity Survey via Esri, 2012Update Frequency: Annually

20122017 (Projected)

Per Capita IncomeThis chart shows per capita income inan area, compared with othergeographies.Data Source: U.S. Census AmericanCommunity Survey via Esri, 2012Update Frequency: Annually

20122017 (Projected)

Average Disposable IncomeThis chart shows the average disposableincome in an area, compared with othergeographies.Data Source: U.S. Census AmericanCommunity Survey via Esri, 2012Update Frequency: Annually

Pompano Beach, FL 33069: Economic Comparison

Pompano Beach, FL 33069

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Unemployment RateThis chart shows the unemploymenttrend in the area of your search. Theunemployment rate is an important driverbehind the housing market.Data Source: Bureau of Labor StatisticsUpdate Frequency: Monthly

Employment Count byIndustryThis chart shows industries in an areaand the number of people employed ineach category.Data Source: Bureau of Labor Statisticsvia Esri, 2012Update Frequency: Annually

Pompano Beach, FL 33069

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Median Estimated HomeValueThis chart displays property estimatesfor an area and a subject property,where one has been selected.Estimated home values are generatedby a valuation model and are not formalappraisals.Data Source: Valuation calculationsbased on public records and MLSsources where licensedUpdate Frequency: Monthly

12-Month Change in MedianEstimated Home ValueThis chart shows the 12-month changein the estimated value of all homes inthis area, the county and the state.Estimated home values are generatedby a valuation model and are not formalappraisals.Data Source: Valuation calculationsbased on public records and MLSsources where licensedUpdate Frequency: Monthly

Median Listing PriceThis chart displays the median listingprice for homes in this area, the countyand the state.Data Source: On- and off-market listingssourcesUpdate Frequency: Monthly

12-Month Change in MedianListing PriceThis chart displays the 12-month changein the median listing price of homes inthis area, and compares it to the countyand state.Data Source: On- and off-market listingssourcesUpdate Frequency: Monthly

Pompano Beach, FL 33069: Home Value Comparison

Pompano Beach, FL 33069

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Best Businesses

This chart shows the types of businesses that consumers are leaving an area to find. The business types represented by blue bars are relatively scarce in the area, soconsumers go elsewhere to have their needs met. The orange business types are relatively plentiful in the area, meaning there are existing competitors for the dollars thatconsumers spend in these categories.Data Source: Retail Marketplace via Esri, 2012Update Frequency: Annually

Indexed Values From -100 to 100

Pompano Beach, FL 33069

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