Back to Search
Property profile & analytics
OFF-MARKET
Estimated value
$565,000
Manufacturing properties
109 San Lorenzo Ave Coral Gables, FL 33146-1513
Entity Owned
11-yr Hold
Absentee Owner
Free & Clear
Property ID
US18-4937113
Property profile
Verified
Property type
Manufacturing properties
Use group
MANUFACTURING (LIGHT)
Year built
1949
Construction
CONCRETE
Total area
2,130 SF
Lot
0.23 ac (10,000 SF)
Zoning code
7100:INDUSTRIAL,LIGHT MFG
APN
03-4120-017-1340
UPID
US18-4937113
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
$390k
CAP Approach
CAP
$440k
Comparable Approach
Comparable
$621k
Blend (final)
Blend
$565k
Owner & transaction history
San Lorenzo Investors LLC · 11 yrs held
San Lorenzo Investors LLC
since 2014
7 recorded transactions
Zoning & alternative use
7100:INDUSTRIAL,LIGHT MFG · Coral Gables, FL
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Medical building
$935,000
+63.9%
Warehouse, storage
$635,000
+11.0%
Neighborhood: shopping center
$605,000
+6.1%
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 Coral Gables submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Coral Gables 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
$390,000
CAP Approach
CAP Return
Estimation
6%
$475,000
6.5%
$440,000
7%
$410,000
Alternative Use
Use
Estimation
INDUSTRIAL (GENERAL)
$570,000
Current use
MEDICAL BUILDING
$935,000
Change: +64% · Conversion: Difficult
WAREHOUSE, STORAGE
$635,000
Change: +11% · Conversion: Easy
NEIGHBORHOOD: SHOPPING CENTER
$605,000
Change: +6% · Conversion: Difficult
Blend value · Realmo final
$565k
Range $509k – $622k · ±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
$265 / 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
$38,080
Tax year 2023
Assessed value
$2,783,201
Assessed 2023
Previous assessed
$2,783,201
+0.0% YoY
Effective rate
1.37%
On assessed value
Assessed land
$2,750,000
Assessed improvement
$33,201
Land market value
$2,750,000
Improvement market value
$33,201
Total market value
$2,783,201
Applied tax rate
300.0000
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
Manufacturing properties
Use group
MANUFACTURING (LIGHT)
Status
Off-Market
Year built
1949
Construction
CONCRETE
Heating
NONE
Stories
1
Total area
2,130 SF
Lot
0.23 ac (10,000 SF)
Zoning code
7100:INDUSTRIAL,LIGHT MFG
APN
03-4120-017-1340
UPID
US18-4937113
Jurisdiction
DADE
Metro division
MIAMI-MIAMI BEACH-KENDALL, FL METROPOLITAN DIVISION
Zoning & alternative use
7100:INDUSTRIAL,LIGHT MFG · Coral Gables, FL
Zoning 7100:INDUSTRIAL,LIGHT MFG · permitted uses
7100:INDUSTRIAL,LIGHT MFG · Coral Gables, FL
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Coral Gables. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
INDUSTRIAL (GENERAL) Current
Est. value
$570,000
MEDICAL BUILDING
Est. value
$935,000
WAREHOUSE, STORAGE
Est. value
$635,000
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$605,000
INDUSTRIAL (GENERAL) Current
MEDICAL BUILDING
WAREHOUSE, STORAGE
NEIGHBORHOOD: SHOPPING CENTER
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
1949
Construction
CONCRETE
Heating
NONE
Stories
1
Lot
0.23 ac
Current owner
From public records · entity-resolved
San Lorenzo Investors LLC
Entity
Free & Clear · 11 yrs held
Mailing address
3850 BIRD RD8FL, CORAL GABLES, FL 33146-1673
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2014
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
9 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Dec 31, 2014
$1,000,000
San Lorenzo Investors LLC
Executive Natl Bk
Grant Deed
—
May 15, 2014
$343,300
Natl Bk Executive
Dmg Group Inv INC Coc
Trustees Deed
related
—
Nov 28, 2007
—
Dmg Group Investment INC
Casabella Custome Homes Corp
Quit Claim Deed
related
$900,000 · Executive National Bank
Jun 30, 2006
$833,000
Casabella Custome Homes Corp
Collision 2000 Body Shop Corp
Warranty Deed
$833,000 · Interamerican Bank Fsb
Apr 22, 2004
—
Collision 2000 Body Shop Corp
Damego INC
Quit Claim Deed
related
$323,000 · Interamerican Bank Fsb
Mar 12, 2004
—
Collision 2000 Body Shop Corp
Pamego & Co INC
Quit Claim Deed
related
—
May 8, 2003
—
Damego & Co INC
Collison 2000 Body Shop Corp
Quit Claim Deed
related
—
Mar 13, 2003
—
Collision 2000 Body Shop Corp
Damego INC
Quit Claim Deed
related
—
Sep 7, 2001
—
Damego INC
D G R INC
Quit Claim 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.
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 109 San Lorenzo Ave?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
List this address →
Full reports are paid
Unlock the full Property Analytics report
Start free for 7 days — no card required. Full owner contacts, all 4 valuations with methodology, refine flow, comparable adjustments, foot-traffic deep dive, export to PDF / CSV.
