Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Back to Search
    Leased Warehouse Unit for Sale Title is generated by Realmo AI

    20841 Johnson Street #108, Pembroke Pines, FL

    View on Map
    Claim this Listing
    New
    For Sale
    $1,100,000

    Own a leased warehouse unit with about three years remaining, offering straightforward occupancy for an investor buyer.

    Property size:
    3,000 SF
    Price / SF:
    $366/SF
    Added:
    Jun 4, 2026
    Days on Market:
    2
    Last Refresh:
    Jun 5 at 1:46 am

    Property Features for 20841 Johnson Street #108

    General Information

    Standard status
    Active
    Size
    3,000 SF

    Building Details

    Year Built
    2005

    We can help!

    Listing Contact
    Elkin Sanchez

    Listing agent Elkin Sanchez License #3554939

    Listing office LPT Realty, LLC

    Listing date Jun 4, 2026

    Source Laerrealty

    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 LPT Realty, LLC

    HighLights

    • 3,000 SF warehouse built in 2005
    • Unit is currently leased with approximately 3 years remaining
    • Leased warehouse provides near‑term rental income for an investor buyer
    • Located with access to major highways (strategic transportation connectivity)

    Overview

    This offering is a 3,000-square-foot warehouse unit presented as an ownership opportunity with existing in-place tenancy. The space is currently leased and includes approximately three years of remaining term, creating an income-producing asset from day one. The property is offered for sale as a turn-key warehouse investment unit.

    The warehouse is located in Pembroke Pines at 20841 Johnson Street, #108. Public remarks indicate the property is near major highways, supporting convenient access for operational needs and logistics.

    For investors seeking a warehouse asset with a defined remaining lease period, this unit provides a practical path to ownership without requiring immediate tenant turnover. For owner-users, the structure offers a warehouse footprint within an area described as having limited industrial warehouse ownership availability, while the current lease would need to be evaluated relative to the buyer’s timeline. Interested parties can schedule a private tour to review the leased premises and confirm details of the current occupancy.
    Location Intelligence

    Current Use by Public Records

    Warehouses

    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.

    Similar Places Nearby

    • CubeSmart Self Storage — 10755 Pembroke Rd, Pembroke Pines, FL 33025
    • Self Storage — 2201 Palm Ave, Miramar, FL 33025
    • Armor Self Storage Unit — 1910 SW 100th Ave, Miramar, FL 33025
    • Crystal Moving and Storage — 1710 SW 100th Ave, Miramar, FL 33025
    • RV Storage — 10801 pembroke rd, pembroke pines, fl 33025

    Location Insight

    • Map
    • Local Demand
    City
    Pembroke Pines
    County
    Broward
    State
    Florida
    Longitude
    -80.2793593
    Latitude
    25.9906428

    Nearby Similar for Sale

    • $1,499,000
      4,500 SF

      A/C Warehouse with Office Build-Out

      Fully air-conditioned warehouse with extensive office build-out, positioned for a broad range of business and production uses.
      20841 Johnson Street, Pembroke Pines, FL 33029
      View Details
    • $1,000,000

      Pembroke Pines Mixed-Use Opportunity

      High-visibility mixed-use property in a thriving commercial corridor.
      7193-7195 Pembroke Rd, Pembroke Pines, FL 33023
      View Details
    • $1,054,800

      Turnkey Medical Office Condo

      Move-in ready medical office in Pembroke Pines healthcare corridor.
      1 SW 129th Ave, Pembroke Pines, FL 33027
      View Details
    • $1,100,000
      2,872 SF

      Warehouse with Remaining Lease

      Lease-in-place warehouse for sale in a PUD area, offering stable income with about three years remaining.
      20841 Johnson Street, Pembroke Pines, FL
      View Details
    • $104,000

      Fully Equipped Cafeteria Restaurant

      For sale cafeteria restaurant with fully equipped kitchen, included furniture, and camera system in Pembroke Pines.
      1812 N University Dr, Pembroke Pines, FL 33024
      View Details
    • $150,000

      Profitable Hair Salon Business Opportunity

      Luxury hair salon for sale in Pembroke Pines, Florida.
      9660 PINES BVLD, Pembroke Pines, FL 33024
      View Details
    • $400,000

      Operating Liquor Store in Pembroke Pines

      Liquor store for sale in high-traffic Pembroke Pines shopping center.
      17173 Pines Blvd, Pembroke Pines, FL 33027
      View Details
    • $1,825,000
      940 SF

      Turnkey Investment in Century Village

      15 renovated condos in premier adult community, Century Village.
      13255 SW 16th Ct, Pembroke Pines, FL 33027
      View Details
    • $199,000

      Turn-Key Vietnamese Restaurant Opportunity

      Authentic Vietnamese restaurant in Pembroke Pines, ready for immediate operation.
      Pembroke Pines, FL 33027
      View Details
    • $480,000

      Established Dental Practice in Pembroke Pines

      Turnkey dental office with loyal patient base and growth potential.
      Pembroke Pines, FL 33026
      View Details
    • $1,300,000

      Multi-Suite Office Condo Opportunity

      Multi-suite office condo in Pembroke Pines with diversified tenant mix.
      10031 Pines Blvd MULTI, Pembroke Pines, FL 33024
      View Details
    • $1,054,800

      Turnkey Medical Office Condo

      Move-in ready medical office condo in Pembroke Pines location.
      1 SW 129th Ave 401, Pembroke Pines, FL 33027
      View Details

    FAQs

    What type of property is this?
    Warehouse - Own a leased warehouse unit with about three years remaining, offering straightforward occupancy for an investor buyer.
    Where is this warehouse located?
    The property is located at 20841 Johnson Street #108 Pembroke Pines, FL.
    What is the asking price?
    The asking price for this property is $1,100,000.
    What are key features of this property?
    This property features: 3,000 SF warehouse built in 2005; Unit is currently leased with approximately 3 years remaining; Leased warehouse provides near‑term rental income for an investor buyer
    (954) 589-8763
    We can help!
    Listing Contact
    Elkin Sanchez
    Real Estate License ID: 3554939
    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

    Thank You for Inquiry
    20841 Johnson Street, #108, Pembroke Pines, FL
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!