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Property profile

10810 Sw 188Th St Cutler Bay, FL 33157

FOR LEASE
Manufacturing properties
Property ID
US18-5618426
25,615 SF 1.03 ac lot Built 1979
Last sale Apr 2015
Entity Owned Owner of record is a legal entity (LLC / corporation). 11-yr Hold Held for 11 years. Absentee Owner Owner mailing address differs from the property address. Free & Clear No active or open recorded mortgage detected.
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Property summary

AI-generated overview

This multi-tenant warehouse complex is located in the Cutler Bay submarket and provides industrial space configured as two suites: a 2,500-square-foot unit with one street-level loading door, 16-foot clear ceiling height, and a private restroom; and a 3,200-square-foot unit that includes dedicated office space, an 18-foot clear ceiling height, a 10-foot by 12-foot street-level door, and a private restroom. The property includes 28 surface parking spaces (approximately 1.26 spaces per 1,000…

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. Included with a plan.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with a plan.

Debts

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — included with a plan.

Property tax · 2023

What does the county charge?
$32k
Tax billed · 2023
Assessed value$1.96M
Assessed land$990k
Assessed improvement$968k
Effective rate1.63%

Value estimate

· Nov 2026
$3.31M
$2.98M – $3.64M
CAP approach$4.26M
Submarket $/SF estimate$3.31M
NOI build-up
Gross scheduled income$52k
Vacancy & credit loss−$3k
Operating expenses−$7k
NOI · 262,181.25% cap applied$42k

Realmo valuation models over county records and 15 qualifying comparable sales.

Recently sold

What actually traded nearby?
$204/SF
ZIP average, outlier-cleaned · 80 recorded sales of this use type
Observed band · Q1–Q3$129 – $300
Qualifying comparables15

Cap rate analysis

How does the asset earn?
262,181.25%
$42k estimated NOI · market benchmarks for this use type

Price anchors at 6 / 6.5 / 7% — in the full report.

Zoning insight

What can be built here?
7050
JurisdictionDADE

Location intelligence

Which uses thrive at this corner?
Best fit: Realty agency
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Realty agency48.0
Law Firm30.2
Parking Facility17.7

Location

10810 Sw 188Th St Cutler Bay, FL 33157
County assessor Recorded deeds · 1 transfer 15 qualifying comp sales Zoning catalog

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

6 recorded sales · 16 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
10776 188th, Cutler Bay, FL 33157-6779 $2,800,000 May 2024 3,248 SF
10764 188th, Cutler Bay, FL 33157-6778 $300,000 May 2024 3,248 SF
9760 168th, Miami, FL 33157-4316 $4,500,000 Apr 2024 22,200 SF
10358 187th, Cutler Bay, FL 33157-6841 $184,000 Mar 2024 3,800 SF
10336 187th, Cutler Bay, FL 33157-6827 $148,000 Mar 2024 3,800 SF
9820 168th, Miami, FL 33157-4318 $2,000,000 Jan 2024 8,432 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
Research This Page with AI

Rey answers here. ChatGPT, Grok and Claude get the same data packet.

Includes: Price & PSF · Cap rate · Location · Zoning

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