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    2007 Johnson St Hollywood, FL 33020

    For Sale
    $2,100,000

    Multi-tenant warehouse, prime location, high ROI potential.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    369
    This exceptional investment opportunity presents a multi-tenant warehouse complex located at 2007 Johnson St #2009, Hollywood, FL 33020, in Broward County. The property, built in 1959, sits on an 8,400 square foot lot and comprises four units totaling approximately 5,435 square feet. Unit A (1,600+ sq ft) is currently vacant, offering immediate potential for increased revenue. Unit B (2,000+ sq ft) is leased for $3,090 per month on a one-year lease. Unit C (1,200+ sq ft) is also leased for $1,150 per month on a one-year lease. Finally, Unit 2009 (635+ sq ft) commands a monthly rent of $824 on a one-year lease. The asking price for this assemblage of properties is $2,100,000. According to the City of Hollywood Interactive Zoning Map, the property allows for buildings up to 55 feet tall and offers a wide range of permitted uses, presenting significant future development possibilities. This is a rare opportunity to acquire a well-located, income-generating warehouse complex with substantial upside potential in a thriving area of Hollywood, Florida.

    Property Features for 2007 Johnson St

    General Information

    Property type
    Distribution properties

    Building Details

    Year Built
    1959

    HighLights

    • $2,100,000 asking price for this multi‑tenant industrial property.
    • Hollywood, FL warehouse totaling approximately 5,435 square feet on an 8,400 square foot lot.
    • Built in 1959.
    • Modified lease terms.
    • Property consists of four units with varying rental income and lease terms (one year leases).
    • Zoned for a wide range of uses with up to 55‑foot building height.
    Property Profile Location Intelligence

    Current Use by Public Records

    Cooggies Manufacturer PSG Arts Studio ... Artist Viking Ink Supplies Store

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

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

    Location Insight

    • Map
    • Local Demand
    City
    Hollywood
    County
    Broward
    State
    Florida
    Longitude
    -80.1475588
    Latitude
    26.0190534

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    FAQs

    What type of property is this?
    Distribution property - Multi-tenant warehouse, prime location, high ROI potential.
    Where is this distribution property located?
    The property is located at 2007 Johnson St Hollywood, FL.
    What is the asking price?
    The asking price for this property is $2,100,000.
    What are key features of this property?
    This property features: $2,100,000 asking price for this multi-tenant industrial property.; Hollywood, FL warehouse totaling approximately 5,435 square feet on an 8,400 square foot lot.; Built in 1959.
    Request Owner's contact information
    2007 Johnson St Hollywood, FL 33020
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    Realmo Value Estimation

    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.

    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.

    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
    2007 Johnson St Hollywood, FL 33020
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