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Property profile & analytics
OFF-MARKET
Retail residential properties
11971 160th St Hialeah, FL 33018
Individually Owned
9-yr Hold
~
Est. High Equity
Property ID
US18-6907864
Property profile
Verified
Property type
Retail residential properties
Use group
STORES & APARTMENTS
Year built
2017
Total area
1,914 SF
Lot
0.93 ac (40,293 SF)
Zoning code
9000:AGRICULTURE
APN
30-2913-001-0637
UPID
US18-6907864
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
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
by Request
Owner & transaction history
Norges R Castillo · 9 yrs held
Norges R Castillo
since 2017
7 recorded transactions
Zoning & alternative use
9000:AGRICULTURE · 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
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
—
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
$7,535
Tax year 2023
Assessed value
$643,195
Assessed 2023
Previous assessed
$403,543
+59.4% YoY
Effective rate
1.17%
On assessed value
Assessed land
$564,250
Assessed improvement
$78,945
Land market value
$564,250
Improvement market value
$78,945
Total market value
$643,195
Applied tax rate
3,000.0000
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
Retail residential properties
Use group
STORES & APARTMENTS
Status
Off-Market
Year built
2017
Heating
NONE
Stories
1
Total area
1,914 SF
Lot
0.93 ac (40,293 SF)
Zoning code
9000:AGRICULTURE
APN
30-2913-001-0637
UPID
US18-6907864
Jurisdiction
DADE
Metro division
MIAMI-MIAMI BEACH-KENDALL, FL METROPOLITAN DIVISION
Zoning & alternative use
9000:AGRICULTURE · Hialeah, FL
Zoning 9000:AGRICULTURE · permitted uses
9000:AGRICULTURE · 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
2017
Heating
NONE
Stories
1
Lot
0.93 ac
Current owner
From public records · entity-resolved
Norges R Castillo
Individual
Mailing address
12401 W OKEECHOBEE RD LOT #437, HIALEAH GARDENS, FL 33018-2939
Ownership since
2017
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
9 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Aug 8, 2017
—
Norges R Castillo
—
Deed
related
$30,700 · Presto Ins Premiums INC
Jul 12, 2017
$180,000
Norges R Castillo
Abreu,horacio J & Mabel
Warranty Deed
$80,000 · Presto Ins Premiums INC
Sep 3, 2015
$150,000
Horacio J Abreu
Los Cocos Nursery INC
Deed In Lieu Of Foreclosure
related
—
Mar 25, 2008
$320,000
Loscocos Nursery INC
Abreu,horacio J & Mabel
Warranty Deed
$270,000 · Horacio J & Mabel Abreu
Oct 10, 2003
$100,000
Horacio J Abreu
Gonzalez,ramiro & Hilda
Grant Deed
$70,000 · Ramiro & Hilda Gonzalez
Mar 7, 2002
$65,000
Feliz Munoz
Zayes,jose A
Grant Deed
$56,500 · Enrique & Nilda Torres
—
—
Ramiro Gonzalez
—
Deed Of Trust
related
$170,000 · Us Small Business Admn
—
—
Los Cocos Nursery INC
—
Loan Modification
related
$270,000 · Horacio J & Mabel Abreu
—
—
Norges R Castillo
—
Deed Of Trust
related
$30,700 · Presto Ins Premiums INC
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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