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Property profile & analytics
OFF-MARKET
Estimated value
$505,000
Industrial land
1011 6th St, Homestead, FL 33030-5624
Entity Owned
3-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US18-6834502
Property profile
Verified
Property type
Industrial land
Use group
INDUSTRIAL - VACANT LAND
Lot
0.65 ac (28,494 SF)
Zoning code
7200:INDUSTRIAL,MED MFG
APN
10-7813-059-0120
UPID
US18-6834502
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
-
G Millwork | Interior and Exterior Doors Miami and South Florida Industrial Manufacturer Metal Fabrication Plant
-
Garrison's Loss Adjusting Financial Advisor
-
Theme Factory USA Interior Design Home Decor Store
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$435k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$505k
Owner & transaction history
Walter JR & Nikole Inversiones LLC · 3 yrs held
Walter JR & Nikole Inversiones LLC
since 2023
Last sale
$570,000
7 recorded transactions
Zoning & alternative use
7200:INDUSTRIAL,MED MFG · Homestead, FL
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 Homestead submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Homestead 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
$440,000
ML approach
$435,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$505k
Range $455k – $556k · ±10% · vs last sale $570k (Mar 27 2023)
Last sale anchor
$570k
Mar 27 2023
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
—
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
$6,038
Tax year 2023
Assessed value
$284,940
Assessed 2023
Previous assessed
$284,940
+0.0% YoY
Effective rate
2.12%
On assessed value
Assessed land
$284,940
Land market value
$284,940
Total market value
$284,940
Applied tax rate
1,000.0000
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
Industrial land
Use group
INDUSTRIAL - VACANT LAND
Status
Off-Market
Heating
NONE
Lot
0.65 ac (28,494 SF)
Zoning code
7200:INDUSTRIAL,MED MFG
APN
10-7813-059-0120
UPID
US18-6834502
Jurisdiction
DADE
Metro division
MIAMI-MIAMI BEACH-KENDALL, FL METROPOLITAN DIVISION
Zoning & alternative use
7200:INDUSTRIAL,MED MFG · Homestead, FL
Zoning 7200:INDUSTRIAL,MED MFG · permitted uses
7200:INDUSTRIAL,MED MFG · Homestead, FL
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Homestead. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Heating
NONE
Lot
0.65 ac
Current owner
From public records · entity-resolved
Walter JR & Nikole Inversiones LLC
Entity
Mailing address
13552 SW 119TH TER, MIAMI, FL 33186-4552
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2023
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
8 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Mar 27, 2023
$570,000
Walter JR & Nikole Inversiones LLC
Taylor Creek LLC
Warranty Deed
—
Oct 6, 2021
$6,250,000
Taylor Creek LLC
Mirai Propertiesm LLC
Warranty Deed
$4,200,000 · Iberiabank
Dec 23, 2014
$3,450,000
Mirai Properties LLC
Paramount Prop Developers LLC
Grant Deed
$2,242,500 · Community Bk/fl
Mar 6, 2013
$1,800,000
Paramount Property Developers LLC
Jag Industrial Properties INC
Warranty Deed
$1,407,000 · 1st National Bank Of South Florida
Feb 2, 2011
—
Jag Industrial Properties INC
—
Deed Of Trust
related
$1,500,000 · Suntrust Bank NA
Dec 30, 2009
$1,900,000
Jag Industrial Properties INC
Institutional Products INC
Warranty Deed
—
Aug 15, 2003
$70,000
Institional Products INC
Strano Brothers Partnership
Grant Deed
—
Jul 19, 2002
$15,600
Strano Brothers Partnership
Strano,rosario & Vito
Grant Deed
related
—
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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