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Property profile & analytics
OFF-MARKET
Estimated value
$14,505,000
Outlet malls
11801 Dixie Hwy Pinecrest, FL 33156-4439
Entity Owned
1-yr Hold
Free & Clear
Property ID
US18-1675152
Property profile
Verified
Property type
Outlet malls
Use group
WHOLESALE OUTLET, DISCOUNT STORE
Year built
1969
Construction
CONCRETE
Total area
64,650 SF
Lot
2.46 ac (107,250 SF)
Zoning code
6200:COMMERCIAL,ARTERIAL
APN
20-5010-004-0600
UPID
US18-1675152
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
by Request
Blend (final)
Blend
$14.51M
Owner & transaction history
Bakery Space LLC · 1 yrs held
Bakery Space LLC
since 2025
5 recorded transactions
Zoning & alternative use
6200:COMMERCIAL,ARTERIAL · Pinecrest, 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 Pinecrest submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Pinecrest 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
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
$224 / 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
$289,594
Tax year 2023
Assessed value
$18,000,000
Assessed 2023
Previous assessed
$18,000,000
+0.0% YoY
Effective rate
1.61%
On assessed value
Assessed land
$16,087,500
Assessed improvement
$1,912,500
Land market value
$16,087,500
Improvement market value
$1,912,500
Total market value
$18,000,000
Applied tax rate
2,000.0000
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
Outlet malls
Use group
WHOLESALE OUTLET, DISCOUNT STORE
Status
Off-Market
Year built
1969
Construction
CONCRETE
Heating
NONE
Cooling
CENTRAL
Stories
1
Total area
64,650 SF
Lot
2.46 ac (107,250 SF)
Zoning code
6200:COMMERCIAL,ARTERIAL
APN
20-5010-004-0600
UPID
US18-1675152
Jurisdiction
DADE
Metro division
MIAMI-MIAMI BEACH-KENDALL, FL METROPOLITAN DIVISION
Zoning & alternative use
6200:COMMERCIAL,ARTERIAL · Pinecrest, FL
Zoning 6200:COMMERCIAL,ARTERIAL · permitted uses
6200:COMMERCIAL,ARTERIAL · Pinecrest, FL
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Pinecrest. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1969
Construction
CONCRETE
Heating
NONE
Cooling
Yes
Stories
1
Lot
2.46 ac
Current owner
From public records · entity-resolved
Bakery Space LLC
Entity
Free & Clear · 1 yrs held
Mailing address
359 ALCAZAR AVE STE #100, CORAL GABLES, FL 33134-4365
Ownership since
2025
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
5 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Mar 31, 2025
$2,600,000
Bakery Space LLC
Marcel Ventures LLC
Warranty Deed
—
Aug 20, 2021
$2,000,000
Marcel Ventures LLC
Helga Ness
Warranty Deed
$3,011,600 · Pacific National Bank
Mar 1, 2005
$14,850,000
Sunniland Center Ltd
Sodix Suniland LLC
Deed Of Trust
$9,150,000 · Morgan Stanley Dean Witter Cap
Feb 17, 2000
$6,850,000
Sodix Suniland INC
Uptons INC
Grant Deed
$5,925,000 · Comerica Bank
—
—
Maria Investments INC
—
Deed Of Trust
related
$3,600,000 · First National Bank
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
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