Add Listing
    For Lease
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    The Largest CRE Database in the US with Over 1 Million Listings

    2020 NW 150th Ave Pembroke Pines, FL

    View on Map
    Loading data...
    Loading data...
    Loading data...
    For Lease
    Contact for pricing

    Premier office building near I-75 with included amenities.

    Type:OFFICE
    Property size:
    2,204 SF
    Lot size:
    4.59 Acres
    Added:
    Apr 26, 2023
    Days on Market:
    1073
    Last Refresh:
    Mar 29 at 11:12 pm

    Property Features for 2020 NW 150th Ave

    General Information

    Standard status
    Active
    Size
    2,204 SF
    Lot size
    4.59 Acres
    Property subtype
    OFFICE

    Spaces For Lease

    at 2020 NW 150th Ave Contact us

    We can help!

    Listing Contact
    Gus Martinez
    Gus Martinez

    Listing agent Gus Martinez License #3033300

    Listing office CMV Realty LLC

    Listing date Apr 26, 2023

    Source Moodyscre

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    All listing content including descriptions, pricing, images are the copyrighted material of CMV Realty LLC

    Overview

    Professional Office Space in Pembroke Pines

    This office building is located in Pembroke Pines, just off I-75 and Sheridan Street. The available office spaces, suitable for professional office use only, are equipped with a kitchen, conference rooms, and private offices. The property provides 24-hour parking. Janitorial services are included at no additional charge. Air conditioning is available on weekends and evenings without additional charges. The building is located east of I-75 off Sheridan Street, next to Cracker Barrel in Pembroke Pines. The property offers 2204 square feet of space.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Office buildings

    Suggested Use

    Real Estate Agency Law Firm Restaurant Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Gym & Fitness Center Auto Repair Shop

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Pembroke Pines
    County
    Broward
    State
    Florida
    Longitude
    -80.2794
    Latitude
    25.9906

    Nearby Similar for Lease

    • Contact for pricing

      Professional Office Suite For Lease

      200 SF office suite available for lease with parking.
      1601 N Palm Avenue, Pembroke Pines, FL 33026
      View Details
    • Contact for pricing

      Waterfront Office Space Available

      Ground floor waterfront office space with high-end finishes.
      18501 Pines Blvd, Pembroke Pines, FL 33029
      View Details
    • Contact for pricing

      Professional Office Space Available

      Clean, private office space with included amenities in Pembroke Pines.
      18503 Pines Blvd, Pembroke Pines, FL 33029
      View Details
    • $28/mo

      Pembroke Pines Office Space Available

      Versatile 1,670 SF office space suitable for various businesses.
      701 Promenade Dr, Pembroke Pines, FL 33026
      View Details
    • Contact for pricing

      Office Space in Pembroke Pines

      Sublease office space available within a doctor's office.
      1900 N University Dr, Pembroke Pines, FL 33024
      View Details
    • Contact for pricing

      Renovated, Furnished Office Space Available

      Turn-key office space with flexible lease terms in Pembroke Pines.
      1806 N Flamingo Rd, Pembroke Pines, FL 33028
      View Details
    • $28/mo

      Office Space in Pembroke Pines

      583 sq ft office space for rent in Pembroke Pines.
      701 Promenade Dr, Pembroke Pines, FL 33026
      View Details
    • $26/mo

      Shopping Center Anchored by Publix

      69,475 SF shopping center located on a major arterial.
      19401- 19551 Sheridan Street, Pembroke Pines, FL 33332
      View Details
    • $37/mo

      Retail Space on Sheridan Street

      950 SF retail space in high-traffic Pembroke Pines location.
      0 Sheridan St, Pembroke Pines, FL
      View Details
    • $26/mo

      Retail Space Anchored by Publix

      69,475 SF shopping center space for lease.
      19401-19491 Sheridan St, Pembroke Pines, FL
      View Details
    • Contact for pricing

      Retail Space at Flamingo Pines

      Retail spaces available in Publix-anchored shopping center.
      12550 Pines Boulevard, Pembroke Pines, FL 33027
      View Details
    • $14/mo

      Professional/Medical Office Space Available

      Class B+ office building near Memorial West Hospital.
      3 SW 129th Ave, Pembroke Pines, FL
      View Details

    FAQs

    What type of property is this?
    Office building - Premier office building near I-75 with included amenities.
    Where is this office building located?
    The property is located at 2020 NW 150th Ave Pembroke Pines, FL.
    What is the lease rate?
    The lease rate is $21 SF/Yr.
    What are key features of this property?
    This property features: Convenient location just off I‑75 and Sheridan Street.; No additional A/C charges on weekends or evenings.; Janitorial services included at no additional charge.
    (954) 394-7078 Call to check price and availability
    We can help!
    Contact for Pricing
    Please call us for current price
    and status of this listing Gus Martinez
    Gus Martinez
    Real Estate License ID: 3033300
    Learn More
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!