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Property profile & analytics
OFF-MARKET
Estimated value
$8,910,000
Parking lots & garages
101 11th St Marathon, FL 33051
Entity Owned
1-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US18-9917375
Property profile
Verified
Property type
Parking lots & garages
Use group
PARKING LOT
Year built
2020
Total area
6,630 SF
Lot
2.31 ac (100,780 SF)
APN
00319920-000000
UPID
US18-9917375
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
$8.91M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$8.91M
Owner & transaction history
101 11th Street LLC · 1 yrs held
101 11th Street LLC
since 2025
Last sale
$8.9M
7 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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 Marathon submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Marathon 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
$7,980,000
ML approach
$8,910,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$8.91M
Range $8.02M – $9.80M · ±10% · vs last sale $8.91M (Apr 2 2025)
Last sale anchor
$8.91M
Apr 2 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
$1,344 / 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
$76,224
Tax year 2023
Assessed value
$4,926,994
Assessed 2023
Previous assessed
$7,294,863
-32.5% YoY
Effective rate
1.55%
On assessed value
Assessed land
$4,443,251
Assessed improvement
$483,743
Land market value
$4,443,251
Improvement market value
$483,743
Total market value
$4,926,994
Applied tax rate
50.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
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
Parking lots & garages
Use group
PARKING LOT
Status
Off-Market
Year built
2020
Heating
FORCED AIR
Cooling
YES
Buildings
2
Stories
1
Units
7
Bathrooms
4
Total area
6,630 SF
Lot
2.31 ac (100,780 SF)
APN
00319920-000000
UPID
US18-9917375
Jurisdiction
MONROE
Zoning & alternative use
Zoning · permitted uses
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Building & site characteristics
From public records
Year built
2020
Heating
FORCED AIR
Cooling
Yes
Stories
1
Buildings
2
Units
7
Bathrooms
4
Lot
2.31 ac
Current owner
From public records · entity-resolved
101 11th Street LLC
Entity
Mailing address
27777 FRANKLIN RD STE #200, SOUTHFIELD, MI 48034-8205
Mailing matches property
Different — outreach signal
Owner-occupied
No
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
7 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Apr 2, 2025
$8,913,100
101 11th Street LLC
Nhc Fl135 LLC
Special Warranty Deed
$5,134,000 · Morgan Stanley Bank NA
Aug 10, 2016
—
Nhc-fl135 LLC
—
Deed
related
$325,000,000 · Private Individual
Jun 13, 2012
—
Nhc-fl135 LLC
Teynors Florida Ltd Co
Grant Deed
related
—
Oct 20, 2011
—
Nhc-fl101 LLC
—
Deed Of Trust
related
$1,725,000 · General Electric Capital Corp
Jul 14, 2011
—
Nhc-135 LLC
Teynors Florida Ltd Co
Grant Deed
—
—
—
Nhc-fl135 LLC
—
Deed Of Trust
related
$2,425,000 · General Electric Capital Corp
—
—
Nhc-fl135 LLC
—
Loan Modification
related
$325,000,000 · Private Individual
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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