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Property profile & analytics
OFF-MARKET
Estimated value
$775,000
Auto shops
5500 Pembroke Rd 5532 Hollywood, FL 33021-8036
Entity Owned
~
Est. High Equity
Property ID
US18-5519231
Property summary
AI-generated overview
This exceptional investment opportunity presents two buildings totaling 2,051 square feet on a double lot spanning 16,381 square feet, located at 5500 - 5532 Pembroke Road in West Park, Florida, 33023. The property, built in 1991, features a desirable flex space configuration ideal for a variety of uses, combining warehouse and office areas. The warehouse boasts a 24-foot ceiling height and an 18-foot roll-up gate, complemented by one dock-high door. Each of the two units includes its own bathroom, electricity, and water meters. A separate 400 square foot office space provides additional functionality. The property is currently vacant and zoned TOC2 and TOC3, offering potential for conversion to multi-family or a larger two-story office complex (buyer to conduct due diligence). This prime location in the commercial heart of Pembroke Road presents endless possibilities for a savvy investor. The asking price is $1,150,000, and the sale is offered under a NNN lease type. The property consists of two single-story buildings.
Property profile
Verified
Property type
Auto shops
Use group
AUTO REPAIR, GARAGE
Year built
1991
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area
1,720 SF
Lot
0.38 ac (16,382 SF)
Zoning code
TOC 3
APN
51-42-19-04-0220
UPID
US18-5519231
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
Current use
Occupant on record · Public records
-
Tires and Lube Center Plus, Inc Auto Repair Shop
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$915k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$742k
Blend (final)
Blend
$775k
Owner & transaction history
Am 5500 LLC
Am 5500 LLC
since 2025
Last sale
$800,000
3 recorded transactions
Zoning & alternative use
TOC 3 · Hollywood, FL
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Neighborhood: shopping center
$1.1M
+13.3%
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 Hollywood submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Hollywood 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
$765,000
ML approach
$915,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
AUTO REPAIR, GARAGE
$1,010,000
Current use
NEIGHBORHOOD: SHOPPING CENTER
$1,145,000
Change: +13% · Conversion: Difficult
Blend value · Realmo final
$775k
Range $698k – $853k · ±10% · vs last sale $800k (Dec 3 2025)
Last sale anchor
$800k
Dec 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
$451 / 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
$7,155
Tax year 2023
Assessed value
$306,280
Assessed 2023
Previous assessed
$306,280
+0.0% YoY
Effective rate
2.34%
On assessed value
Assessed land
$147,440
Assessed improvement
$158,840
Land market value
$147,440
Improvement market value
$158,840
Total market value
$306,280
Applied tax rate
3,513.0000
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
Auto shops
Use group
AUTO REPAIR, GARAGE
Status
Off-Market
Year built
1991
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
NONE
Cooling
YES
Buildings
2
Stories
1
Total area
1,720 SF
Lot
0.38 ac (16,382 SF)
Zoning code
TOC 3
APN
51-42-19-04-0220
UPID
US18-5519231
Jurisdiction
BROWARD
Metro division
FORT LAUDERDALE-POMPANO BEACH-DEERFIELD BEACH, FL METROPOLITAN DIVISION
Zoning & alternative use
TOC 3 · Hollywood, FL
Zoning TOC 3 · permitted uses
TOC 3 · Hollywood, FL
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Hollywood. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
AUTO REPAIR, GARAGE Current
Est. value
$1.0M
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$1.1M
AUTO REPAIR, GARAGE Current
NEIGHBORHOOD: SHOPPING CENTER
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Alternative use deep dive
Conversion cost · permit path · stabilized NOI per option
Building & site characteristics
From public records
Year built
1991
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
NONE
Cooling
Yes
Stories
1
Buildings
2
Lot
0.38 ac
Current owner
From public records · entity-resolved
Am 5500 LLC
Entity
Mailing address
2864 SW SW, DAVIE, FL 33328
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
3 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Dec 3, 2025
$800,000
Am 5500 LLC
Peterssen Investment LLC
Warranty Deed
—
Aug 10, 2023
$900,000
Peterssen Investment LLC
T J & Associates INC
Warranty Deed
$900,000 · City National Bank Of Florida
—
—
Theophilus Jones
—
Deed Of Trust
related
$56,000 · Jonny Alpern
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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