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Property profile & analytics
OFF-MARKET
Estimated value
$870,000
Commercial land
12500 47th St Miami, FL 33175-4916
Individually Owned
3-yr Hold
~
Est. High Equity
Property ID
US18-5963748
Property profile
Verified
Property type
Commercial land
Use group
VACANT COMMERCIAL LAND
Year built
1920
Total area
1,000 SF
Lot
4.64 ac (202,118 SF)
Zoning code
9000:AGRICULTURE
APN
30-4924-001-2100
UPID
US18-5963748
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
-
Lorenzo Farms Food Processing Plant
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$845k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$870k
Owner & transaction history
Susan Lynn Charlton · 3 yrs held
Susan Lynn Charlton
since 2023
Last sale
$1.2M
7 recorded transactions
Zoning & alternative use
9000:AGRICULTURE · Miami, FL
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 Miami submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Miami 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
$770,000
ML approach
$845,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
COMMERCIAL (GENERAL)
$740,000
Current use
OFFICE BUILDING
$680,000
Change: -8% · Conversion: Easy
AUTO REPAIR, GARAGE
$655,000
Change: -12% · Conversion: Difficult
Blend value · Realmo final
$870k
Range $783k – $957k · ±10% · vs last sale $1.20M (Feb 15 2023)
Last sale anchor
$1.20M
Feb 15 2023
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
$870 / 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
$25,342
Tax year 2023
Assessed value
$1,856,000
Assessed 2023
Previous assessed
$1,232,036
+50.6% YoY
Effective rate
1.37%
On assessed value
Assessed land
$1,856,000
Land market value
$1,856,000
Total market value
$1,856,000
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
Commercial land
Use group
VACANT COMMERCIAL LAND
Status
Off-Market
Year built
1920
Heating
NONE
Stories
1
Total area
1,000 SF
Lot
4.64 ac (202,118 SF)
Zoning code
9000:AGRICULTURE
APN
30-4924-001-2100
UPID
US18-5963748
Jurisdiction
DADE
Metro division
MIAMI-MIAMI BEACH-KENDALL, FL METROPOLITAN DIVISION
Zoning & alternative use
9000:AGRICULTURE · Miami, FLZoning 9000:AGRICULTURE · permitted uses
9000:AGRICULTURE · Miami, FL
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Source
Planning and Zoning
Alternative use value scenarios
Repositioning upside vs current use
COMMERCIAL (GENERAL) Current
Est. value
$740,000
OFFICE BUILDING
Est. value
$680,000
AUTO REPAIR, GARAGE
Est. value
$655,000
COMMERCIAL (GENERAL) Current
OFFICE BUILDING
AUTO REPAIR, GARAGE
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Alternative use deep dive
Conversion cost · permit path · stabilized NOI per option
Building & site characteristics
From public records
Year built
1920
Heating
NONE
Stories
1
Lot
4.64 ac
Current owner
From public records · entity-resolved
Susan Lynn Charlton
Individual
Mailing address
8079 SW 112TH ST, MIAMI, FL 33156-3721
Ownership since
2023
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
14 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Feb 15, 2023
—
Susan Lynn Charlton
Brian Anthony Charlton
Intrafamily Transfer
related
—
Nov 30, 2016
$1,200,000
Brian A Charlton
Rene J Lorenzo
Re-recorded Document
related
—
Oct 14, 2016
$1,200,000
Brian A Charlton
Rene J Loreazo
Warranty Deed
—
Sep 8, 2016
$1,200,000
Brian A Charlton
Rene J Lorenzo
Warranty Deed
$600,000 · Reme J Lorenzo Etux
Nov 5, 2010
$875,000
Lorenzo Farm Nursery INC
Westwood Management Of Miami
Warranty Deed
—
Dec 8, 2008
—
Westwood Management Of Miami INC
Vergara,yolanda Coc
Trustees Deed
related
—
Jun 6, 2005
—
Yolanda Vergara
—
Trustees Deed
related
$70,000 · Julio Egusquiza
Jul 21, 2004
—
Yolanda Vergara
Vergara,fernando & Yolanda
Quit Claim Deed
related
—
Feb 27, 2002
$280,900
Fernando Vergara
Triana,nelson
Quit Claim Deed
related
—
—
—
Brian A Charlton
—
Loan Modification
related
$589,633 · Rene J Lorenzo
—
—
Yolanda Vergara
—
Deed Of Trust
related
$414,000 · Rf Financial Ents INC
—
—
Yolanda Vergara
—
Deed Of Trust
related
$414,000 · Westwood Mgmt Of Miami INC
—
—
Lorenzo Farm Nursery INC
—
Deed Of Trust
related
$200,000 · Rf Fin'l Ents INC
—
—
Westwood Management Of Miami INC
—
Deed Of Trust
related
$414,000 · Rf Fin'l Ents 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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