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Property profile & analytics
OFF-MARKET
Estimated value
$12,870,000
Warehouses
12850 113th Ct Medley, FL 33178-3124
Entity Owned
2-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US18-2976036
Property profile
Verified
Property type
Warehouses
Use group
WAREHOUSE, STORAGE
Year built
1999
Construction
CONCRETE
Total area
40,004 SF
Lot
6.48 ac (282,100 SF)
Zoning code
7100:INDUSTRIAL,LIGHT MFG
APN
22-2030-008-0010
UPID
US18-2976036
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
-
Isalis (Bike/Boat/Book/etc) Store
-
Party City Party Supply Store (Bike/Boat/Book/etc) Store
-
Skunk Funk Big Box & Wholesale Store
-
Carl's Trading Co Hat Shop
-
Bushka's Kitchen LLC (Bike/Boat/Book/etc) Store
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$9.14M
CAP Approach
CAP
$10.19M
Comparable Approach
Comparable
$9.41M
Blend (final)
Blend
$12.87M
Owner & transaction history
Dd Warehouse Investments III Ltd · 2 yrs held
Dd Warehouse Investments III Ltd
since 2023
Last sale
$16.8M
2 recorded transactions
Zoning & alternative use
7100:INDUSTRIAL,LIGHT MFG · Medley, FL
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Medical building
$17.6M
+11.8%
Retail stores
$16.4M
+4.1%
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 Medley submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Medley 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
$14,850,000
ML approach
$9,135,000
CAP Approach
CAP Return
Estimation
6%
$11,040,000
6.5%
$10,190,000
7%
$9,465,000
Alternative Use
Use
Estimation
WAREHOUSE, STORAGE
$15,720,000
Current use
MEDICAL BUILDING
$17,570,000
Change: +12% · Conversion: Difficult
RETAIL STORES
$16,375,000
Change: +4% · Conversion: Moderate
Blend value · Realmo final
$12.87M
Range $11.58M – $14.16M · ±10% · vs last sale $16.82M (Dec 26 2023)
Last sale anchor
$16.82M
Dec 26 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
$322 / 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
$212,458
Tax year 2023
Assessed value
$15,918,184
Assessed 2023
Previous assessed
$12,272,567
+29.7% YoY
Effective rate
1.33%
On assessed value
Assessed land
$12,694,500
Assessed improvement
$3,223,684
Land market value
$12,694,500
Improvement market value
$3,223,684
Total market value
$15,918,184
Applied tax rate
2,200.0000
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
Warehouses
Use group
WAREHOUSE, STORAGE
Status
Off-Market
Year built
1999
Construction
CONCRETE
Heating
NONE
Cooling
CENTRAL
Buildings
2
Stories
1
Total area
40,004 SF
Lot
6.48 ac (282,100 SF)
Zoning code
7100:INDUSTRIAL,LIGHT MFG
APN
22-2030-008-0010
UPID
US18-2976036
Jurisdiction
DADE
Metro division
MIAMI-MIAMI BEACH-KENDALL, FL METROPOLITAN DIVISION
Zoning & alternative use
7100:INDUSTRIAL,LIGHT MFG · Medley, FL
Zoning 7100:INDUSTRIAL,LIGHT MFG · permitted uses
7100:INDUSTRIAL,LIGHT MFG · Medley, FL
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Medley. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
WAREHOUSE, STORAGE Current
Est. value
$15.7M
MEDICAL BUILDING
Est. value
$17.6M
RETAIL STORES
Est. value
$16.4M
WAREHOUSE, STORAGE Current
MEDICAL BUILDING
RETAIL STORES
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
1999
Construction
CONCRETE
Heating
NONE
Cooling
Yes
Stories
1
Buildings
2
Lot
6.48 ac
Current owner
From public records · entity-resolved
Dd Warehouse Investments III Ltd
Entity
Mailing address
10165 NW 19TH ST, DORAL, FL 33172-2529
Mailing matches property
Different — outreach signal
Owner-occupied
No
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
2 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Dec 26, 2023
$16,823,600
Dd Warehouse Investments III Ltd
Rolling Frito Lay Sales LP
Special Warranty Deed
$9,000,000 · Grove Bank & Trust
Jan 31, 2006
—
Frito-lay Sales Rolling
Frito-lay INC
Quit Claim Deed
—
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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