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Property profile & analytics
FOR LEASE
Office buildings
2020 NW 150 Ave Pembroke Pines, FL 33028
Entity Owned
1-yr Hold
Free & Clear
Property ID
US18-3170972
For Lease
1 / 11
Contact for pricing
2020 NW 150 Ave, Pembroke Pines, FL 33028
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Property summary
AI-generated overview
This exceptional Class B office building, constructed in 2003, offers 60,000 square feet of premium executive office space in Pembroke Pines, Florida. Located at 2020 NW 150th Ave, 33028, this single, three-story building sits on a 4.57-acre lot (199,069 sq ft) and boasts convenient access to I-75 and Sheridan Street. The property features a total of 370 parking spaces for tenant and visitor convenience. Multiple suites are available, with a minimum divisible space of 2,616 square feet and a maximum contiguous space of 7,890 square feet
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING (MULTI-STORY)
Year built
2003
Construction
CONCRETE
Total area
58,676 SF
Lot
4.58 ac (199,314 SF)
Zoning code
(PUD)
APN
51-40-09-20-0016
UPID
US18-3170972
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$5.48M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$4.55M
Owner & transaction history
5311 Bull Run LLC · 1 yrs held
5311 Bull Run LLC
since 2025
Last sale
$4.0M
1 recorded transaction
Zoning & alternative use
(PUD) · Pembroke Pines, FL
Cap rate
Implied · in-place · derived from last sale + estimated NOI
Implied Cap rate
#1
Implied · in-place · NOI ÷ last sale
In-place · derived from last sale + estimated NOI
Cap rate, NOI & submarket benchmark
Implied cap rate vs Pembroke Pines submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Pembroke Pines submarket · NOI estimate · typical band, median & reading
Refine your cap rate
8-question underwriting flow
1.
Property current status — Going-In vs Stabilized
2.
Price for denominator — asking / offer / market
3.
Leasing status & lease structure (NNN / Gross)
4.
Tenant risk profile & vacancy assumption
5.
Upload T12 / rent roll / OM (optional)
Refine in 60 seconds, get exact suggested price
T12 upload · Submarket benchmarks · Sensitivity grid
Suggested price · 3 cap rate anchors
Income approach @ 5% / 7% / 9% — aggressive / typical / conservative
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · Implied $/SF per anchor · Sensitivity grid
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · implied $/SF · sensitivity
Value
AI, CAP & Alternative Use estimations · Realmo proprietary blendValue Estimations
Based on Realmo’s proprietary methodology
AI Approach
Method
Estimation
Statistic approach
$4,820,000
ML approach
$5,480,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$4.55M
Range $4.10M – $5.01M · ±10% · vs last sale $3.95M (Feb 3 2025)
Last sale anchor
$3.95M
Feb 3 2025
Realmo estimate · informational only.
These numbers are calculated by our models from public records and may not reflect actual market value.
Not an appraisal.
Verify with a licensed appraiser before transacting. Realmo accepts no liability for divergence from real-world outcomes.
View the full estimation — every method, every assumption
Confidence drivers & risk notes · Custom comparable set · Free for first 3 / day
Full estimation methodology
Every method · every assumption · confidence drivers
Price per SF
Sale + rent benchmarks
Subject property
$78 / SF
Submarket sale & rent benchmarks
Median sale $/SF · Asking & closed rent · Submarket vacancy
Submarket sale & rent benchmarks
Median sale $/SF · asking & closed rent · submarket vacancy
Property tax & assessments
Tax year 2023Property tax & assessments
Tax year 2023
Tax billed
$236,767
Tax year 2023
Assessed value
$10,577,960
Assessed 2023
Previous assessed
$9,777,030
+8.2% YoY
Effective rate
2.24%
On assessed value
Assessed land
$1,793,830
Assessed improvement
$8,784,130
Land market value
$1,793,830
Improvement market value
$8,784,130
Total market value
$10,577,960
Applied tax rate
2,613.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Office buildings
Use group
OFFICE BUILDING (MULTI-STORY)
Status
For Lease
Year built
2003
Construction
CONCRETE
Heating
NONE
Stories
3
Total area
58,676 SF
Lot
4.58 ac (199,314 SF)
Zoning code
(PUD)
APN
51-40-09-20-0016
UPID
US18-3170972
Jurisdiction
BROWARD
Metro division
FORT LAUDERDALE-POMPANO BEACH-DEERFIELD BEACH, FL METROPOLITAN DIVISION
Zoning & alternative use
(PUD) · Pembroke Pines, FLZoning (PUD) · permitted uses
(PUD) · Pembroke Pines, FL
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Source
LDC Final Adopted 2 11 2026
Building & site characteristics
From public records
Year built
2003
Construction
CONCRETE
Heating
NONE
Stories
3
Lot
4.58 ac
Current owner
From public records · entity-resolved
5311 Bull Run LLC
Entity
Free & Clear · 1 yrs held
Mailing address
2020 NW 150TH AVE, PEMBROKE PINES, FL 33028-2889
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2025
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
1 recorded event · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Feb 3, 2025
$3,950,000
5311 Bull Run LLC
Power Financial Credit Union
Warranty Deed
—
Coming soon
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Coming soon
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
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