Commercial Property on Pembroke
For Sale
Contact for pricing
6211 Pembroke Rd, Hollywood, FL
Versatile commercial property with warehouse and office space for sale.
Property Size4,850 SF
Lot Size0.21 Acres
Price / SF$309.28
Days on Market756
Property Features for 6211 Pembroke Rd
General Information
Standard status
Active
Size
4,850 SF
Lot size
0.21 Acres
Property subtype
INDUSTRIAL
Listing Agency:
Fausto Commercial Realty
(786) 260-7507
Listed By:
Guarionex (Bobby) Berrido · License #A12020461
(786) 260-7507
Source:
Moodyscre
Added: Jul 30, 2024
Changed: Jul 6
Last Checked: Aug 24 at 5:41AM
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 Fausto Commercial Realty
Investment Insights
Based on property information with market context.
The commercial property at 6211 Pembroke Rd offers approximately 5,000 square feet of space. The property is located on a primary corridor, providing high visibility and accessibility. The building includes both warehouse and office spaces. The warehouse area is move-in ready, while the office area is available for renovation and customization. The property features a 17-foot clear ceiling height and 3-phase electric. It is zoned C-3 Medium Intensity Commercial District by the City of Hollywood, allowing for a range of business operations.
Key Highlights
- Strategic location on a primary corridor ensures high visibility and accessibility.
- Nearly 5,000 square feet of versatile space suitable for various operations.
- 17‑foot clear ceiling height and 3‑phase electric power support diverse business needs.**
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$93,629
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
6.24%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$1,872,580
$1.9M
Cap Rate 7%
$1,337,557
$1.3M
Cap Rate 9%
$1,040,322
$1.0M
Market Conditions
NOI Build-Up for 4,850 SF
Vacancy — income lost from leasable area expected to sit empty during the year, subtracted from gross rent.
EGI (Effective Gross Income) — gross rent minus vacancy losses, the realistic income before paying operating costs.
OpEx (Operating Expenses) — recurring costs to operate the property (property tax, insurance, utilities, maintenance, management); excludes financing and capital improvements.
NOI (Net Operating Income) — income a property generates after operating costs but before financing and taxes.
Gross rent
$160.1K $33.00/SF
− Vacancy
−$35.2K −$7.26/SF
EGI
$124.8K $25.74/SF
− OpEx
−$31.2K −$6.44/SF
NOI
$93.6K $19.31/SF
Area
Hollywood, FL
Vacancy
22.00%
Lease Rate
$33.00 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$1,872,580
Cap Rate 7%
$1,337,557
Cap Rate 9%
$1,040,322
Alternative Uses
Best Use
Office B
$1.34M
$1.17M – $1.56M
NOI $93,629 @ 7.0% cap · market cap 6.24%
Second Best
Warehouse
$746.3K
$653.0K – $870.7K
NOI $52,240 @ 7.0% cap · market cap 3.48%
Theoretical Best
Office A
$1.90M
$1.66M – $2.21M
NOI $132,812 @ 7.0% cap · market cap 8.85%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
2,179
Businesses Nearby
Balanced
Demand for This Use
Explore this area
Business Placement
Market
Vacancy Rate% for Office in South region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
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Frequently Asked Questions
What type of property is this?
Warehouse - Versatile commercial property with warehouse and office space for sale.
Where is this warehouse located?
The property is located at 6211 Pembroke Rd Hollywood, FL.
What is the asking price?
The asking price for this property is $1,500,000.
What are key features of this property?
This property features: Strategic location on a primary corridor ensures high visibility and accessibility.; Nearly 5,000 square feet of versatile space suitable for various operations.; 17‑foot clear ceiling height and 3‑phase electric power support diverse business needs.**
