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Property profile & analytics
OFF-MARKET
Parking lots & garages
12401 Okeechobee Rd Lot 422 Hialeah Gardens, FL 33018-2925
Individually Owned
28-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US18-6343357
Property profile
Verified
Property type
Parking lots & garages
Use group
PARKING LOT
Lot
4.81 ac (209,524 SF)
Zoning code
0101:SINGLE FAMILY
APN
27-2029-001-0661
UPID
US18-6343357
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
Harold K Joy · 28 yrs held
Harold K Joy
since 1998
3 recorded transactions
Zoning & alternative use
0101:SINGLE FAMILY · Hialeah Gardens, 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 Gardens submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Hialeah Gardens 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
$31,888
Tax year 2023
Assessed value
$2,165,000
Assessed 2023
Previous assessed
$1,262,839
+71.4% YoY
Effective rate
1.47%
On assessed value
Assessed land
$1,047,620
Assessed improvement
$1,117,380
Land market value
$1,047,620
Improvement market value
$1,117,380
Total market value
$2,165,000
Applied tax rate
2,700.0000
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
Parking lots & garages
Use group
PARKING LOT
Status
Off-Market
Heating
NONE
Lot
4.81 ac (209,524 SF)
Zoning code
0101:SINGLE FAMILY
APN
27-2029-001-0661
UPID
US18-6343357
Jurisdiction
DADE
Metro division
MIAMI-MIAMI BEACH-KENDALL, FL METROPOLITAN DIVISION
Zoning & alternative use
0101:SINGLE FAMILY · Hialeah Gardens, FL
Zoning 0101:SINGLE FAMILY · permitted uses
0101:SINGLE FAMILY · Hialeah Gardens, FL
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Hialeah Gardens. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Heating
NONE
Lot
4.81 ac
Current owner
From public records · entity-resolved
Harold K Joy
Individual
Mailing address
501 BRICKELL KEY DR STE #103, MIAMI, FL 33131-2624
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
1998
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
3 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Mar 6, 2019
—
Courtly Manor Park LLC
—
Grant Deed
related
$1,873,000 · Walker & Dunlop
Jun 5, 2017
—
Courtly Manor Park LLC
—
Loan Modification
related
$51,478,000 · Walker & Dunlop
Jul 14, 1998
$105,000
Harold K Joy
Jose Geremia Estate
Grant Deed
$175,000 · Commercial Bank Florida
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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