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Property profile & analytics
OFF-MARKET
Estimated value
$27,570,000
Warehouses
11600 Miramar Pkwy Miramar, FL 33025-5809
Entity Owned
6-yr Hold
Absentee Owner
Free & Clear
Property ID
US19-0286093
Property profile
Verified
Property type
Warehouses
Use group
WAREHOUSE, STORAGE
Year built
2001
Construction
CONCRETE
Total area
186,011 SF
Lot
13.08 ac (569,667 SF)
Zoning code
PID
APN
51-40-25-03-0033
UPID
US19-0286093
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
$30.83M
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$27.57M
Owner & transaction history
Scg Miramar A LLC · 6 yrs held
Scg Miramar A LLC
since 2019
6 recorded transactions
Zoning & alternative use
PID · Miramar, FL
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description
This district is intended to provide a protective zone for campus-like environments that will encourage the development of nonpolluting light industry and compatible uses which support the economic base of the city.
Zone name
Planned Industrial Development
General category
INDUSTRIAL
Zone area
1,292.67 ac
Source
Realmo
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 Miramar submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Miramar 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%
$33,395,000
6.5%
$30,825,000
7%
$28,620,000
Blend value · Realmo final
$27.57M
Range $24.81M – $30.33M · ±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
$148 / 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
$572,767
Tax year 2023
Assessed value
$27,878,800
Assessed 2023
Previous assessed
$23,989,310
+16.2% YoY
Effective rate
2.05%
On assessed value
Assessed land
$4,557,340
Assessed improvement
$23,321,460
Land market value
$4,557,340
Improvement market value
$23,321,460
Total market value
$27,878,800
Applied tax rate
2,713.0000
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
Warehouses
Use group
WAREHOUSE, STORAGE
Status
Off-Market
Year built
2001
Construction
CONCRETE
Heating
NONE
Stories
1
Total area
186,011 SF
Lot
13.08 ac (569,667 SF)
Zoning code
PID
APN
51-40-25-03-0033
UPID
US19-0286093
Jurisdiction
BROWARD
Metro division
FORT LAUDERDALE-POMPANO BEACH-DEERFIELD BEACH, FL METROPOLITAN DIVISION
Zoning & alternative use
PID · Miramar, FLZoning PID · permitted uses
PID · Miramar, FL
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Zoning description
This district is intended to provide a protective zone for campus-like environments that will encourage the development of nonpolluting light industry and compatible uses which support the economic base of the city.
Zone name
Planned Industrial Development
General category
INDUSTRIAL
Zone area
1,292.67 ac
Source
Realmo
Building & site characteristics
From public records
Year built
2001
Construction
CONCRETE
Heating
NONE
Stories
1
Lot
13.08 ac
Current owner
From public records · entity-resolved
Scg Miramar A LLC
Entity
Free & Clear · 6 yrs held
Mailing address
3550 LENOX RD NE STE #2000, ATLANTA, GA 30326-1811
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2019
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 8, 2019
$100
Scg Miramar A LLC
Industrial Prop Fund Vii LLC
Correction Deed
related
—
Aug 21, 2019
$35,000,000
Scg Miramar A LLC
Industrial Prop Fund Vii LLC
Grant Deed
—
Dec 18, 2017
—
Industrial Prop Fund Vii LLC
—
Loan Modification
related
$108,570,000 · Suntrust Bk
Oct 4, 2013
—
Miramar F LLC
Industrial Property Fund Viii
Grant Deed
related
—
Dec 6, 2005
—
Record Owner
Owner,record
Quit Claim Deed
related
—
Mar 2, 2005
$9,739,200
Industrial Prop Fund Vii LLC
Industrial Devs Intl 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.
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