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Property profile & analytics
OFF-MARKET
Estimated value
$8,730,000
Community centers
10600 19th St Doral, FL 33172-2542
Entity Owned
8-yr Hold
~
Est. High Equity
Property ID
US19-0782969
Property profile
Verified
Property type
Community centers
Use group
MINI-MALL
Year built
2003
Construction
CONCRETE
Total area
26,706 SF
Lot
9.9 ac (431,237 SF)
Zoning code
6400:COMMERCIAL,CENTRAL
APN
35-3032-022-0060
UPID
US19-0782969
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
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$8.73M
Owner & transaction history
Spg Doral Retail Partners LLC · 8 yrs held
Spg Doral Retail Partners LLC
since 2018
6 recorded transactions
Zoning & alternative use
6400:COMMERCIAL,CENTRAL · Doral, FL
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Medical building
$11.7M
+54.5%
Office building
$10.9M
+43.8%
Industrial (general)
$8.6M
+13.1%
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 Doral submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Doral 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
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
NEIGHBORHOOD: SHOPPING CENTER
$7,590,000
Current use
MEDICAL BUILDING
$11,730,000
Change: +55% · Conversion: Difficult
OFFICE BUILDING
$10,915,000
Change: +44% · Conversion: Moderate
INDUSTRIAL (GENERAL)
$8,585,000
Change: +13% · Conversion: Difficult
Blend value · Realmo final
$8.73M
Range $7.86M – $9.60M · ±10%
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
$327 / 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
$488,467
Tax year 2023
Assessed value
$39,300,000
Assessed 2023
Previous assessed
$31,875,000
+23.3% YoY
Effective rate
1.24%
On assessed value
Assessed land
$7,762,266
Assessed improvement
$31,537,734
Land market value
$7,762,266
Improvement market value
$31,537,734
Total market value
$39,300,000
Applied tax rate
3,500.0000
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
Community centers
Use group
MINI-MALL
Status
Off-Market
Year built
2003
Construction
CONCRETE
Heating
NONE
Cooling
CENTRAL
Buildings
4
Stories
1
Total area
26,706 SF
Lot
9.9 ac (431,237 SF)
Zoning code
6400:COMMERCIAL,CENTRAL
APN
35-3032-022-0060
UPID
US19-0782969
Jurisdiction
DADE
Metro division
MIAMI-MIAMI BEACH-KENDALL, FL METROPOLITAN DIVISION
Zoning & alternative use
6400:COMMERCIAL,CENTRAL · Doral, FL
Zoning 6400:COMMERCIAL,CENTRAL · permitted uses
6400:COMMERCIAL,CENTRAL · Doral, FL
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Doral. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
NEIGHBORHOOD: SHOPPING CENTER Current
Est. value
$7.6M
MEDICAL BUILDING
Est. value
$11.7M
OFFICE BUILDING
Est. value
$10.9M
INDUSTRIAL (GENERAL)
Est. value
$8.6M
NEIGHBORHOOD: SHOPPING CENTER Current
MEDICAL BUILDING
OFFICE BUILDING
INDUSTRIAL (GENERAL)
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
2003
Construction
CONCRETE
Heating
NONE
Cooling
Yes
Stories
1
Buildings
4
Lot
9.9 ac
Current owner
From public records · entity-resolved
Spg Doral Retail Partners LLC
Entity
Mailing address
2200 BUTTS RD STE #300, BOCA RATON, FL 33431-7453
Ownership since
2018
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
6 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jan 2, 2018
$30,914,700
Spg Doral Retail Partners LLC
3503 Rp Miami 19th Street LLC
Grant Deed
$24,900,000 · Goldman-sachs Mtg
Jan 2, 2018
$7,335,400
Spg Doral Land Partners LLC
Rpai Miami 19th Street II LLC
Grant Deed
—
Feb 28, 2014
$10,350,000
Rpai Miami 19th Street II LLC
Elston Of Lajolla LLC
Grant Deed
—
Dec 10, 2009
—
Inland Wstn Miami 19th Street
—
Grant Deed
related
$500,000,000 · Jp Morgan Chase Bk
Aug 27, 2004
$6,750,000
Elston Of Lajolla LLC
International Place Assocs III
Grant Deed
$3,400,000 · American General Life & Accident Insur
—
—
Inland Western Miami 19th Stre
—
Deed Of Trust
related
$11,192,500 · Bear Stearns Com'l Mtg
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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