Entity Owned Property summary
AI-generated overview
This exceptional industrial property, located at 12210 NE 13th Ct in North Miami, Florida, offers 22,100 square feet of versatile space ideal for a variety of uses. Currently zoned 7100, this single-building property (APN 06-22-29-012-0040) in Miami-Dade County is perfect for businesses seeking flexible layouts. The property features multiple tenancies, with a minimum divisible space of 2,200 square feet and a maximum contiguous space of 22,100 square feet. Units boast high ceilings, convenient street-facing loading doors, and ample heavy power, making them suitable for a range of businesses, including creative offices, showrooms, retail operations, and flex-use enterprises. The property also provides secure parking for tenants and their clients. Its location in North Miami (zip code 33161) offers easy accessibility and a strategic position within the Miami-Dade County market. This is a rare opportunity to secure a well-located, adaptable industrial space in a thriving area. The property is ready for immediate occupancy. Contact us today to learn more about this exceptional opportunity.
Property profile
Verified
Property type
Warehouses
Use group
WAREHOUSE, STORAGE
Year built
1966
Construction
CONCRETE
Total area
12,698 SF
Lot
0.57 ac (25,046 SF)
Zoning code
7100:INDUSTRIAL,LIGHT MFG
APN
06-2229-012-0040
UPID
US18-3316239
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Location
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$4.94M
CAP Approach
CAP
$3.19M
Comparable Approach
Comparable
$4.76M
Blend (final)
Blend
$5.08M
Owner & transaction history
since 2022
Last sale
$4.1M
3 recorded transactions
Zoning & alternative use
7100:INDUSTRIAL,LIGHT MFG · North Miami, FL
Top alternative use upside
Medical building
$5.6M
+47.7%
Office building
$4.1M
+9.6%
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
Value estimation
Instant AI valuation built from comps, income signals, and proprietary benchmarks. A defensible range, not a single guess.
Unlock the complete Valuation workflow
Full NOI reconstruction, selected comps, alternative-use scenarios, data audit and PDF export.
All 25 comparables with addresses
5 alternative uses screened
Sensitivity value band
Source audit · 6 inputs
PDF export
Professional Plan · 30 reports
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Summary
1
Valuation conclusion
Included free
Estimated market value
$5.08M
Value range
$4.57M – $5.59M
±10% around blend
Estimated value / SF
$400 / SF
Confidence
High
25 county-verified comps
Property data
100
Market benchmarks
67
Comparable evidence
100
$4.57M
blend $5.08M
$5.59M
Market-derived valuation under stabilized market assumptions. Desktop analysis. No physical inspection performed.
2
Subject property
Included free
GBA
12,698 SF
Lot area
0.57 ac
Year built
1966
Stories
1
APN
06-2229-012-0040
Zoning
7100:INDUSTRIAL,LIGHT MFG
Assessed value
$2,838,000
Annual tax
$63,185
3
Income approach: direct capitalization
Partial preview
Income approach indication
$3.19M
Direct capitalization · @ 6.5% CAP return
@ 6% CAP return
$3.45M
@ 6.5% CAP return
$3.19M
@ 7% CAP return
$2.96M
4
Sales comparison
Partial preview
Sales approach indication
$3.68M
Weighted, 20 comps · high confidence
Evidence
25 found · 6 selected
County-verified recorded sales
Comparable
Sale dateSale price$ / SF
4.1 mi away · 11,420 SF
5.7 mi away · 9,985 SF
7.3 mi away · 10,925 SF
9.4 mi away · 13,190 SF
10.8 mi away · 12,240 SF
5
Sensitivity & risk
Partial preview
Downside
−10%
Base
$5.08M
Upside
+10%
Bounds of the ±10% band vs the blend — never simulated scenarios.
6
Current market position
Included free
Benchmark
Observed band ($/SF)AverageSubject delta
Submarket 779 sales
$297
+35%
County 955 sales
$275
+46%
Band = middle half (Q1–Q3) of recorded sale $/SF for this use type per geography; the diamond marks the subject at $400/SF. Delta below average reads as headroom. Source: Realmo CRE sales derivatives (county records).
7
Alternative use screening
Partial preview
Top alternative use
Medical Building
Gross theoretical uplift
+48%
vs current-use indication
Office Building
Warehouse, Storage · current use
Neighborhood: Shopping Center
Industrial (general)
Values shown before conversion costs, entitlement costs, capital expenditures and stabilization risk.
8
Data & methodology
Included free
Building area
County record
Property tax
County record
Assessed value
County record
Zoning designation
County record
Operating expenses
Modeled
Market rent
Not available
Not analyzed due to unavailable source data: actual rent roll, tenant leases, physical condition and capital
requirements are outside a desktop analysis.
Cost Approach excluded: income and sales evidence cover the value conclusion.
Automated valuation analysis, not a licensed appraisal. Figures are derived from public
records and proprietary models. Desktop analysis: no physical inspection, tenant leases or reported
property income. Verify with a licensed appraiser before transacting.
Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
Unlock the complete Cap Rate workflow
Full market tables, editable assumptions, comparable evidence, saved work and exports.
9-scenario matrix
Comparable evidence · 25 sales
Market rates by use type
PDF export
Professional Plan · 30 reports
from $99/month
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Overview
Implied cap rate
4.10%
Implied, in-place cap rate for this warehouses
Estimated NOI ÷ last recorded sale. Refine with your own numbers in the full report.
Lower yield / higher price
Higher yield / lower price
5.0%
This property · 4.10%
9.0%
NOI (est.)
$287k *
Last sale · Apr 2022
$4.10M
* derived from a real price signal at a 7% cap
Price sensitivity
The rate is the decision lever; valuation is the consequence.
Test a cap rate
Implied value$7.00M
Move the market yield to see immediate price impact.
Value / SF
$551
Vs. selected
Base
Derivation
NOI ÷ cap
Arithmetic over the derived NOI * — not market scenario modeling.
NOI × cap matrix
Preview
Preview of 9 modeled outcomes.
NOI
3.60%4.10%4.60%
$258k
$7.17M
$6.30M
$5.62M
$287k
$7.97M
$7.00M
$6.24M
$316k
$8.77M
$7.70M
$6.86M
NOI sensitivity ±10% across the selected-rate band (±0.5 pp) — derivation of the NOI above.
Comparable evidence
Partial preview
Recorded sales nearby
25 found
High confidence · county-verified
Closest comparable
$3.45M
3.9 mi · Dec 2025 · $234/SF
Property tax & assessments
Tax year 2023Property tax & assessments
Tax year 2023
Tax billed
$63,185
Tax year 2023
Assessed value
$2,838,000
Assessed 2023
Previous assessed
$1,969,000
+44.1% YoY
Effective rate
2.23%
On assessed value
Assessed land
$1,252,300
Assessed improvement
$1,585,700
Land market value
$1,252,300
Improvement market value
$1,585,700
Total market value
$2,838,000
Applied tax rate
600.0000
Automated cap rate analysis. Based on public records, market benchmarks and proprietary
models. Verify with a licensed professional before transacting.
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Warehouses
Use group
WAREHOUSE, STORAGE
Status
Off-Market
Year built
1966
Construction
CONCRETE
Heating
NONE
Cooling
CENTRAL
Stories
1
Total area
12,698 SF
Lot
0.57 ac (25,046 SF)
Zoning code
7100:INDUSTRIAL,LIGHT MFG
APN
06-2229-012-0040
UPID
US18-3316239
Jurisdiction
DADE
Metro division
MIAMI-MIAMI BEACH-KENDALL, FL METROPOLITAN DIVISION
Zoning & alternative use
7100:INDUSTRIAL,LIGHT MFG · North Miami, FLZoning 7100:INDUSTRIAL,LIGHT MFG · permitted uses
7100:INDUSTRIAL,LIGHT MFG · North Miami, FL
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Alternative use value scenarios
Repositioning upside vs current use
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Building & site characteristics
From public records
Year built
1966
Construction
CONCRETE
Heating
NONE
Cooling
Yes
Stories
1
Lot
0.57 ac
Zoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
Zoning designation
County-recorded code
7100:INDUSTRIAL,LIGHT MFG
Jurisdiction
North Miami, FL
Recorded code
7100:INDUSTRIAL,LIGHT MFG
Zoning Insight
What can be built and operated here — officially.
The district profile from the municipal source: what is on file for 7100:INDUSTRIAL,LIGHT MFG in North Miami, FL.
What opens after registration
Zoning profile
Official documentVerified municipal sources with file download
Match provenanceAssignment basis, match tier and confidence
Private report access
See the official zoning profile for this address.
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Ownership Intelligence
Find the owner behind the property.
Unlock the evidence behind ownership: portfolio, transactions, debt and signals that help you decide who to contact next.
What opens after registration
Ownership report
Owner identityResolved entity and name variants
Portfolio holdingsLinked properties and estimated value
Deal signalsSell-side activity worth following
Debt & historyRecorded loans and transaction history
Private report access
See the ownership record for this address.
Registration is required before any owner information is shown.
One complete report on every paid plan · 30 · 300 reports per month.
Owner of record and activity signals are derived from public records and modeled classifications.
They do not confirm beneficial ownership or intent to transact.
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