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Property profile & analytics
OFF-MARKET
Estimated value
$525,000
Automotive properties
111 Okeechobee Rd Hialeah, FL 33010-5245
Entity Owned
2-yr Hold
Free & Clear
Property ID
US18-3718202
Property profile
Verified
Property type
Automotive properties
Use group
VEHICLE SALES, RENTALS
Year built
1925
Construction
CONCRETE
Total area
2,621 SF
Lot
0.2 ac (8,838 SF)
Zoning code
6400:COMMERCIAL,CENTRAL
APN
04-3119-006-0170
UPID
US18-3718202
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
$550k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$514k
Blend (final)
Blend
$525k
Owner & transaction history
Sanxenxo 111 LLC · 2 yrs held
Sanxenxo 111 LLC
since 2023
Last sale
$505,000
6 recorded transactions
Zoning & alternative use
6400:COMMERCIAL,CENTRAL · Hialeah, 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 Hialeah submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Hialeah 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
$560,000
ML approach
$550,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$525k
Range $473k – $578k · ±10% · vs last sale $505k (Nov 1 2022)
Last sale anchor
$505k
Nov 1 2022
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
$200 / 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
$5,825
Tax year 2023
Assessed value
$310,330
Assessed 2023
Previous assessed
$310,330
+0.0% YoY
Effective rate
1.88%
On assessed value
Assessed land
$309,330
Assessed improvement
$1,000
Land market value
$309,330
Improvement market value
$1,000
Total market value
$310,330
Applied tax rate
400.0000
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
Automotive properties
Use group
VEHICLE SALES, RENTALS
Status
Off-Market
Year built
1925
Construction
CONCRETE
Heating
NONE
Stories
1
Total area
2,621 SF
Lot
0.2 ac (8,838 SF)
Zoning code
6400:COMMERCIAL,CENTRAL
APN
04-3119-006-0170
UPID
US18-3718202
Jurisdiction
DADE
Metro division
MIAMI-MIAMI BEACH-KENDALL, FL METROPOLITAN DIVISION
Zoning & alternative use
6400:COMMERCIAL,CENTRAL · Hialeah, FL
Zoning 6400:COMMERCIAL,CENTRAL · permitted uses
6400:COMMERCIAL,CENTRAL · Hialeah, FL
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Hialeah. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1925
Construction
CONCRETE
Heating
NONE
Stories
1
Lot
0.2 ac
Current owner
From public records · entity-resolved
Sanxenxo 111 LLC
Entity
Free & Clear · 2 yrs held
Mailing address
1205 LINCOLN RD STE #216, MIAMI BEACH, FL 33139-2365
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
6 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Oct 18, 2023
—
Sanxenxo 111 LLC
Hialeah G2 LLC
Correction Deed
related
—
Nov 1, 2022
$505,000
Sanxenxo 111 LLC
Hialeah G2 LLC
Warranty Deed
—
Jul 30, 2020
$315,000
Hialeah G2 LLC
Seyedeh A Khattat
Warranty Deed
—
Sep 23, 2019
$100
Khattat,seyedeh A Living Trust
Khattat,seyedeh A
Warranty Deed
related
—
May 2, 2016
$155,000
Seyedeh A Khattat
111 Okeechobee LLC
Warranty Deed
—
Jan 21, 2016
$70,000
111 Okeechobee LLC
Chao,veronica
Grant 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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