Flex Warehouse with C-3
For Sale
Contact for pricing
6151 Pembroke Road, Hollywood, FL 33023
Versatile flex warehouse space on a 9,437 SF lot, offered for sale, zoned C-3 for office and retail uses.
Property Size3,300 SF
Lot Size0.22 Acres
Price / SF$1.97
Days on Market104
Property Features for 6151 Pembroke Road
General Information
Standard status
Active
Size
3,300 SF
Lot size
0.22 Acres
Property subtype
Retail
Zoning
C-3
Additional Details
Highway Access
Yes
Building Details
Year Built
1952
Listing Agency:
RE/MAX 5 Star Realty
(954) 361-0000
Listed By:
John DeMarco · License #3134747
(954) 453-1000
Source:
Lehmannflorida
Added: Jul 9
Changed: Oct 19
Last Checked: Oct 19 at 11:04AM
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 RE/MAX 5 Star Realty
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Investment Insights
Based on property information with market context.
This for-sale flex warehouse property offers approximately 3,300 square feet of versatile space on a 9,437 SF lot. It is positioned to support a range of light industrial and general commercial activities, with C-3 zoning permitting most office and retail uses, including place of worship and daycare/school.
The property is located on Pembroke Rd in Hollywood, Florida, with the marketing emphasizing accessibility to major highways, including I-95, which can support logistics and transportation needs. Walk and bike scores are noted as very walkable and bikeable, respectively, with some transit.
With its combination of flexible space and C-3 zoning, this property is a practical fit for businesses seeking an industrial-style building with broader use options under the local zoning framework.
The property is located on Pembroke Rd in Hollywood, Florida, with the marketing emphasizing accessibility to major highways, including I-95, which can support logistics and transportation needs. Walk and bike scores are noted as very walkable and bikeable, respectively, with some transit.
With its combination of flexible space and C-3 zoning, this property is a practical fit for businesses seeking an industrial-style building with broader use options under the local zoning framework.
Key Highlights
- Approximately 3,300 SF versatile flex warehouse space on a 9,437 SF lot
- C‑3 zoning allows most office and retail uses, including place of worship and daycare/school
- Convenient South Florida access near major highways including I‑95
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$31,767
Suggested Prices Based on Cap Rates
Cap Rate 5%
$635,340
$635.3K
Cap Rate 7%
$453,814
$453.8K
Cap Rate 9%
$352,967
$353.0K
Market Conditions
NOI Build-Up for 3,300 SF
Gross rent
$47.5K $14.40/SF
− Vacancy
−$2.1K −$0.65/SF
EGI
$45.4K $13.75/SF
− OpEx
−$13.6K −$4.13/SF
NOI
$31.8K $9.63/SF
Area
Hollywood, FL
Vacancy
4.50%
Lease Rate
$14.40 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$635,340
Cap Rate 7%
$453,814
Cap Rate 9%
$352,967
Alternative Uses
Best Use
Flex RnD
$535.4K
$468.5K – $624.6K
NOI $37,477 @ 7.0% cap · market cap 576.57%
Second Best
Industrial
$453.8K
$397.1K – $529.5K
NOI $31,767 @ 7.0% cap · market cap 488.72%
Theoretical Best
Office A
$1.29M
$1.13M – $1.51M
NOI $90,367 @ 7.0% cap · market cap 1,390.26%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
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Open Analytics
Current Use
Lease Details
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
2,179
Businesses Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Demographics for 33023, FL
66,749
Population
22,450
Households
3
Avg Household Size
38
Median Age
20%
College-Educated
84%
High-School Grad
8.8 sq mi
ZIP Area
7,585
Density / Sq Mi
$70,003
Median Household Income
$35,093
Median Earnings
$1,621
Median Rent
$344,500
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Industrial in South region
Similar Off Market Nearby
- Direct Box Lunch Supplier
- Daily Chew Catering — 2239 SW 59th Terrace, Hollywood, FL 33023
- ImmaQulit Cuisine Food Truck — 2323 SW 60th Way, Miramar, FL 33023
Frequently Asked Questions
What type of property is this?
Flex space - Versatile flex warehouse space on a 9,437 SF lot, offered for sale, zoned C-3 for office and retail uses.
Where is this flex space located?
The property is located at 6151 Pembroke Road Hollywood, FL.
What are key features of this property?
This property features: Approximately 3,300 SF versatile flex warehouse space on a 9,437 SF lot; C‑3 zoning allows most office and retail uses, including place of worship and daycare/school; Convenient South Florida access near major highways including I‑95
