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Property profile & analytics
OFF-MARKET
Estimated value
$24,550,000
Manufacturing properties
11200 107th St Medley, FL 33178-3297
Entity Owned
Absentee Owner
Free & Clear
Property ID
US18-5961175
Property profile
Verified
Property type
Manufacturing properties
Use group
PROCESSING PLANT (CEMENT, GRAVEL)
Year built
1969
Total area
80,736 SF
Lot
84.95 ac (3,700,342 SF)
Zoning code
7600:INTENSIVE USE
APN
22-2031-001-0080
UPID
US18-5961175
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
$17.88M
Comparable Approach
Comparable
$28.98M
Blend (final)
Blend
$24.55M
Owner & transaction history
TARMAC FLORIDA INC
TARMAC FLORIDA INC
Zoning & alternative use
7600:INTENSIVE USE · Medley, FL
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Medical building
$35.5M
+56.4%
Retail stores
$33.0M
+45.8%
Warehouse, storage
$31.7M
+40.0%
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 Medley submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Medley 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%
$19,370,000
6.5%
$17,880,000
7%
$16,600,000
Alternative Use
Use
Estimation
INDUSTRIAL (GENERAL)
$22,670,000
Current use
MEDICAL BUILDING
$35,460,000
Change: +56% · Conversion: Difficult
RETAIL STORES
$33,045,000
Change: +46% · Conversion: Moderate
WAREHOUSE, STORAGE
$31,730,000
Change: +40% · Conversion: Easy
Blend value · Realmo final
$24.55M
Range $22.10M – $27.01M · ±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
$304 / 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
$705,446
Tax year 2023
Assessed value
$46,566,780
Assessed 2023
Effective rate
1.51%
On assessed value
Assessed land
$37,003,420
Assessed improvement
$9,563,360
Land market value
$37,003,420
Improvement market value
$9,563,360
Total market value
$46,566,780
Applied tax rate
2,200.0000
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
PROCESSING PLANT (CEMENT, GRAVEL)
Status
Off-Market
Year built
1969
Cooling
CENTRAL
Buildings
12
Stories
1
Total area
80,736 SF
Lot
84.95 ac (3,700,342 SF)
Zoning code
7600:INTENSIVE USE
APN
22-2031-001-0080
UPID
US18-5961175
Jurisdiction
DADE
Metro division
MIAMI-MIAMI BEACH-KENDALL, FL METROPOLITAN DIVISION
Zoning & alternative use
7600:INTENSIVE USE · Medley, FLZoning 7600:INTENSIVE USE · permitted uses
7600:INTENSIVE USE · Medley, FL
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Alternative use value scenarios
Repositioning upside vs current use
INDUSTRIAL (GENERAL) Current
Est. value
$22.7M
MEDICAL BUILDING
Est. value
$35.5M
RETAIL STORES
Est. value
$33.0M
WAREHOUSE, STORAGE
Est. value
$31.7M
INDUSTRIAL (GENERAL) Current
MEDICAL BUILDING
RETAIL STORES
WAREHOUSE, STORAGE
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
1969
Cooling
Yes
Stories
1
Buildings
12
Lot
84.95 ac
Current owner
From public records · entity-resolved
TARMAC FLORIDA INC
Entity
Free & Clear · 0 yrs held
Mailing address
5700 LK WRIGHT DR STE #300, NORFOLK, VA 23502-1859
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
—
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
No recorded transactions
No recorded transactions found for this property.
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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