Back to Search
Property profile & analytics
OFF-MARKET
Estimated value
$510,000
Commercial land
1261 112th St Miami, FL 33161-6817
Trust Owned
8-yr Hold
Property ID
US19-0696161
Property profile
Verified
Property type
Commercial land
Use group
VACANT COMMERCIAL LAND
Year built
1960
Construction
CONCRETE
Total area
2,016 SF
Lot
1 ac (43,500 SF)
Zoning code
3700:MULTI-FAM,10-21 U/A
APN
30-2232-015-0570
UPID
US19-0696161
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
$335k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$460k
Blend (final)
Blend
$510k
Owner & transaction history
1261 Ne 112 Street R & E Trust · 8 yrs held
1261 Ne 112 Street R & E Trust
since 2018
7 recorded transactions
Zoning & alternative use
3700:MULTI-FAM,10-21 U/A · Miami, 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 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
by Request
ML approach
$335,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$510k
Range $459k – $561k · ±10%
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
$253 / 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
$23,177
Tax year 2023
Assessed value
$1,741,139
Assessed 2023
Previous assessed
$1,088,659
+59.9% YoY
Effective rate
1.33%
On assessed value
Assessed land
$1,740,000
Assessed improvement
$1,139
Land market value
$1,740,000
Improvement market value
$1,139
Total market value
$1,741,139
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
1960
Construction
CONCRETE
Heating
NONE
Stories
1
Bathrooms
2
Total area
2,016 SF
Lot
1 ac (43,500 SF)
Zoning code
3700:MULTI-FAM,10-21 U/A
APN
30-2232-015-0570
UPID
US19-0696161
Jurisdiction
DADE
Metro division
MIAMI-MIAMI BEACH-KENDALL, FL METROPOLITAN DIVISION
Zoning & alternative use
3700:MULTI-FAM,10-21 U/A · Miami, FL
Zoning 3700:MULTI-FAM,10-21 U/A · permitted uses
3700:MULTI-FAM,10-21 U/A · Miami, FL
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Miami. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1960
Construction
CONCRETE
Heating
NONE
Stories
1
Bathrooms
2
Lot
1 ac
Current owner
From public records · entity-resolved
1261 Ne 112 Street R & E Trust
Trust
Mailing address
1261 NE 112TH ST REAL 16842ND SW 59TH ST, MIRAMAR, FL 33027
Ownership since
2018
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
7 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Sep 18, 2025
—
1261 Ne 113 Street Real Estate Trus
—
Deed
related
$711,798 · E R Truck & Equipment Corporation
Mar 1, 2018
$304,000
1261 Ne 112 Street R & E Trust
Alpha Cec LLC
Warranty Deed
$304,000 · De La Pena Diego (te)
Jan 6, 2014
$162,000
Alpha Cec LLC
Amiami Investments LLC
Warranty Deed
$110,000 · Jbs Financial Group INC
Sep 12, 2012
$110,000
Amiami Investments
Deputy Clerk Of Dade County
Tax Deed
related
—
Sep 12, 2012
—
Ppts 1 LLC
Deputy Clerk Of Miami-dade Cnty
Tax Deed
related
—
Mar 4, 2004
$475,000
Meka Investment Corp
Furr,robert C Tr
Grant Deed
—
Mar 4, 2004
—
Furr,robert C Tr
Helker,george J
Grant Deed
related
—
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
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 1261 112th St?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
List this address →
Full reports are paid
Unlock the full Property Analytics report
Start free for 7 days — no card required. Full owner contacts, all 4 valuations with methodology, refine flow, comparable adjustments, foot-traffic deep dive, export to PDF / CSV.
