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Property profile & analytics
FOR LEASE
Industrial properties
1011 NW 6Th St Homestead, FL 33030
Entity Owned
3-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US18-2297006
For Lease
1 / 4
$21.80 SF/Yr
1011 NW 6Th St, Homestead, FL 33030
View Listing →
Property profile
Verified
Property type
Industrial properties
Use group
HEAVY INDUSTRIAL
Year built
1963
Construction
CONCRETE
Total area
55,512 SF
Lot
3.46 ac (150,777 SF)
Zoning code
7200:INDUSTRIAL,MED MFG
APN
10-7813-059-0130
UPID
US18-2297006
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
$7.83M
CAP Approach
CAP
$9.22M
Comparable Approach
Comparable
$8.33M
Blend (final)
Blend
$6.96M
Owner & transaction history
Walter JR & Nikole Inversiones LLC · 3 yrs held
Walter JR & Nikole Inversiones LLC
since 2023
Last sale
$6.3M
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
$7,200,000
ML approach
$7,830,000
CAP Approach
CAP Return
Estimation
6%
$9,990,000
6.5%
$9,220,000
7%
$8,560,000
Alternative Use
Use
Estimation
INDUSTRIAL (GENERAL)
$10,715,000
Current use
Blend value · Realmo final
$6.96M
Range $6.26M – $7.66M · ±10% · vs last sale $6.25M (Oct 6 2021)
Last sale anchor
$6.25M
Oct 6 2021
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
$125 / 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
$88,813
Tax year 2023
Assessed value
$4,377,000
Assessed 2023
Previous assessed
$3,731,662
+17.3% YoY
Effective rate
2.03%
On assessed value
Assessed land
$1,206,216
Assessed improvement
$3,170,784
Land market value
$1,206,216
Improvement market value
$3,170,784
Total market value
$4,377,000
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 properties
Use group
HEAVY INDUSTRIAL
Status
For Lease
Year built
1963
Construction
CONCRETE
Heating
NONE
Cooling
CENTRAL
Stories
1
Total area
55,512 SF
Lot
3.46 ac (150,777 SF)
Zoning code
7200:INDUSTRIAL,MED MFG
APN
10-7813-059-0130
UPID
US18-2297006
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.
Alternative use value scenarios
Repositioning upside vs current use
INDUSTRIAL (GENERAL) Current
Est. value
$10.7M
INDUSTRIAL (GENERAL) Current
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
1963
Construction
CONCRETE
Heating
NONE
Cooling
Yes
Stories
1
Lot
3.46 ac
Current owner
From public records · entity-resolved
Walter JR & Nikole Inversiones LLC
Entity
Mailing address
8000 SW 67TH AVE, MIAMI, FL 33143-7702
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
7 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
Oct 30, 2020
—
Mirai Properties LLC
—
Deed
related
$2,250 · Popular Bank
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
—
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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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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