Add Listing
Property Lookup
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings
    Property profile & analytics

    2133 Pembroke Rd Hollywood, FL 33020-6250

    • Auto shops
    • 5,191 SF
    • 0.44 lot acres
    OFF-MARKET
    Last Sale
    May 08, 2023
    $1,650,000
    Value Estimations
    $1,625,000
    Show details
    Cap Rate Potential
    Location Intelligence
    Property ID
    US18-4526862
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • 770 Dealers LLC / Car Dealership
    • Brilliant Collision Center / Auto Repair Shop

    Property Details for 2133 Pembroke Rd

    Year built
    1973
    Construction
    CONCRETE
    Lot size
    0.44 lot acres
    Property size
    5,191 SF
    Zone code
    PR
    Property type
    Auto shops
    APN
    51-42-22-01-0040
    APU
    514222010040

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

      Method
      Estimation
      Statistic approach
      $1,585,000
      ML approach
      $1,610,000

    • Alternative Use

      Use
      Estimation
      OFFICE BUILDING
      $2,535,000

    Get a detailed, property-specific valuation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    Hollywood
    County
    Broward
    State
    Florida
    Longitude
    -80.1498
    Latitude
    25.9969
    CBSA code
    33100
    CBSA name
    MIAMI-FORT LAUDERDALE-MIAMI BEACH, FL METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $19,177
    $212,170
    $544,840
    $757,010
    -
    $212,170
    $544,840
    $757,010

    Comparable in this City

    • Value Estimation
      $520,000
      1,110 SF

      1716 Dixie Hwy

      AUTO REPAIR, GARAGE • 1,110 SF
      1716 Dixie Hwy, Hollywood, FL 33020-2632
      View Details
    • Value Estimation by Request
      3,946 SF

      2425 Pembroke Rd

      AUTO REPAIR, GARAGE • 3,946 SF
      2425 Pembroke Rd, Hollywood, FL 33020-5801
      View Details
    • Value Estimation
      $520,000
      2,400 SF

      2001 Pembroke Rd

      AUTO REPAIR, GARAGE • 2,400 SF
      2001 Pembroke Rd, Hollywood, FL 33020-6327
      View Details
    • Value Estimation
      $995,000
      8,929 SF

      2817 Pembroke Rd

      AUTO REPAIR, GARAGE • 8,929 SF
      2817 Pembroke Rd, Hollywood, FL 33020-5649
      View Details
    • Value Estimation by Request
      1,152 SF

      2922 Johnson St

      AUTO REPAIR, GARAGE • 1,152 SF
      2922 Johnson St, Hollywood, FL 33020-3842
      View Details
    • Value Estimation
      $1,605,000
      9,150 SF

      1201 21st Ave

      AUTO REPAIR, GARAGE • 9,150 SF
      1201 21st Ave, Hollywood, FL 33020-3145
      View Details

    Similar Nearby for Sale

    • $650,000

      Established Auto Body Shop Business

      Thriving auto body shop business for sale in Hollywood, Florida.
      Hollywood, FL 33020
      View Details
    • $5,400,000

      Auto Body Shop For Sale

      Turn-key auto body shop with real estate in Hollywood, FL.
      500 S Dixie Hwy, Hollywood, FL 33020
      View Details
    • Contact for pricing
      3,360 SF

      Freestanding Automotive Repair Opportunity

      Landmark automotive repair business for sale with equipment included.
      123 Auto Care Hwy, Hollywood, FL 33020
      View Details
    • Contact for pricing

      30,000 SF Hollywood Commercial Property

      0.69 acre commercial property with permitted uses.
      1724 Buchanan St, Hollywood, FL 33020
      View Details
    • $3,799,000

      Profitable Gas Station Business Opportunity

      Established gas station with convenience store and car wash in Hollywood.
      Hollywood, FL 33020
      View Details
    • $1,000,000
      0.40 Acres

      Development Opportunity in Hollywood, Florida

      Three adjacent lots zoned for high-density multi-use development.
      2127 Polk St, Hollywood, FL 33020
      View Details

    Similar Nearby for Lease

    • Contact for pricing
      1,581 SF

      Hollywood Retail Garage Space For Rent

      Retail space available in a City of Hollywood parking garage.
      1852 Radius Dr, Hollywood, FL 33020
      View Details
    • $32 SF/Yr

      Freestanding Commercial Space on US-1

      Commercial space with frontage on US-1 in Hollywood, Florida.
      2111 N Federal Hwy, Hollywood, FL 33020
      View Details
    • Contact for pricing

      Hollywood Retail/Office Space For Rent

      Retail and office spaces available for lease in Hollywood.
      3250 N 29Th Ave, Hollywood, FL 33020
      View Details
    • $3,400 /Mo

      Prime Downtown Hollywood Retail Space

      Second-floor commercial space with rooftop access in high-traffic area.
      440 S Dixie Hwy, Hollywood, FL 33020
      View Details
    • Contact for pricing

      Downtown Hollywood Office and Retail

      Premier office and retail building in Downtown Hollywood.
      1930 Harrison St, Hollywood, FL 33020
      View Details
    • Contact for pricing

      Downtown Hollywood Commercial Space Available

      8,160 sqft commercial space in thriving Downtown Hollywood district.
      215-235 S 21St Ave, Hollywood, FL 33020
      View Details
    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.
    2133 Pembroke Rd
    Hollywood, FL 33020-6250
    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

    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!