Back to Search
Property profile & analytics
FOR LEASE
Manufacturing properties
11231 NW 20Th St Sweetwater, FL 33172
Entity Owned
3-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US18-6099230
For Lease
1 / 19
$7,000/Mo
11231 NW 20Th St, Sweetwater, FL 33172
View Listing →
Property summary
AI-generated overview
This single-tenant industrial warehouse, located at 11231 NW 20th St #135 in Sweetwater, Florida, 33172, offers 1,727 square feet of space perfect for light manufacturing operations. The property is part of the Dolphin Park of Commerce II and features convenient access to major transportation arteries, including the Ronald Reagan Turnpike and the 836 Dolphin Expressway. Ample parking is available with four spaces located in front of the building and two additional spaces at the rear, providing sufficient room for container parking. The warehouse layout includes two dedicated office spaces, enhancing functionality and providing a comfortable workspace. The property is zoned 0000 and has an APN of 25-30-31-046-0350. This well-situated warehouse presents a compelling opportunity for businesses seeking efficient and accessible space in the thriving Sweetwater market. The building consists of a single suite.
Property profile
Verified
Property type
Manufacturing properties
Use group
MANUFACTURING (LIGHT)
Year built
2008
Total area
2,040 SF
APN
25-3031-046-0220
UPID
US18-6099230
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
Current use
Occupant on record · Public records
-
Isalis (Bike/Boat/Book/etc) Store
-
Party City Party Supply Store (Bike/Boat/Book/etc) Store
-
Skunk Funk Big Box & Wholesale Store
-
Carl's Trading Co Hat Shop
-
Bushka's Kitchen LLC (Bike/Boat/Book/etc) Store
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$755k
Blend (final)
Blend
$680k
Owner & transaction history
Betta Investment Of South Florida L · 3 yrs held
Betta Investment Of South Florida L
since 2022
4 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Medical building
$895,000
+36.6%
Office building
$835,000
+27.1%
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 Sweetwater submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Sweetwater 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
INDUSTRIAL (GENERAL)
$655,000
Current use
MEDICAL BUILDING
$895,000
Change: +37% · Conversion: Difficult
OFFICE BUILDING
$835,000
Change: +27% · Conversion: Difficult
WAREHOUSE, STORAGE
$635,000
Change: -3% · Conversion: Easy
NEIGHBORHOOD: SHOPPING CENTER
$580,000
Change: -12% · Conversion: Difficult
Blend value · Realmo final
$680k
Range $612k – $748k · ±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
$333 / 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
$11,013
Tax year 2023
Assessed value
$571,200
Assessed 2023
Previous assessed
$428,400
+33.3% YoY
Effective rate
1.93%
On assessed value
Total market value
$571,200
Applied tax rate
2,500.0000
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
Manufacturing properties
Use group
MANUFACTURING (LIGHT)
Status
For Lease
Year built
2008
Heating
NONE
Total area
2,040 SF
APN
25-3031-046-0220
UPID
US18-6099230
Jurisdiction
DADE
Metro division
MIAMI-MIAMI BEACH-KENDALL, FL METROPOLITAN DIVISION
Zoning & alternative use
Zoning · permitted uses
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
$655,000
MEDICAL BUILDING
Est. value
$895,000
OFFICE BUILDING
Est. value
$835,000
WAREHOUSE, STORAGE
Est. value
$635,000
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$580,000
INDUSTRIAL (GENERAL) Current
MEDICAL BUILDING
OFFICE 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
2008
Heating
NONE
Current owner
From public records · entity-resolved
Betta Investment Of South Florida L
Entity
Mailing address
1825 NW 112TH AVE, SWEETWATER, FL 33172-1815
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2022
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
4 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Sep 16, 2022
—
Betta Investment Of South Florida L
Sigma Investments Of South Florida
Warranty Deed
—
Dec 27, 2019
—
Sigma Invs Of S Florida LLC
—
Grant Deed
related
$1,200,000 · Centennial Bk
Jan 8, 2019
$480,000
Sigma Invs Of S Florida LLC
Im-sumedical LLC
Warranty Deed
—
Mar 15, 2018
$477,500
Im-sumedical LLC
Gbo Holdings INC
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.
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?”
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.
