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Property profile & analytics
OFF-MARKET
Estimated value
$575,000
Warehouses
13720 216th St Miami, FL 33170-2403
Entity Owned
8-yr Hold
Free & Clear
Property ID
US18-7033152
Property profile
Verified
Property type
Warehouses
Use group
WAREHOUSE, STORAGE
Year built
2021
Construction
LIGHT FRAME
Total area
2,275 SF
Lot
5 ac (217,800 SF)
Zoning code
9000:AGRICULTURE
APN
30-6915-000-0070
UPID
US18-7033152
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
-
The Berry Farm Brewery Production Facility Brewery & Distillery
-
The Berry Farms Food Processing Plant
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$570k
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$575k
Owner & transaction history
Jlk Two LLC · 8 yrs held
Jlk Two LLC
since 2018
5 recorded transactions
Zoning & alternative use
9000:AGRICULTURE · 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
by Request
CAP Approach
CAP Return
Estimation
6%
$620,000
6.5%
$570,000
7%
$530,000
Alternative Use
Use
Estimation
WAREHOUSE, STORAGE
$675,000
Current use
NEIGHBORHOOD: SHOPPING CENTER
$645,000
Change: -4% · Conversion: Moderate
Blend value · Realmo final
$575k
Range $518k – $633k · ±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
$14,641
Tax year 2023
Assessed value
$858,488
Assessed 2023
Previous assessed
$760,498
+12.9% YoY
Effective rate
1.71%
On assessed value
Assessed land
$525,000
Assessed improvement
$333,488
Land market value
$525,000
Improvement market value
$333,488
Total market value
$858,488
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
Warehouses
Use group
WAREHOUSE, STORAGE
Status
Off-Market
Year built
2021
Construction
LIGHT FRAME
Heating
NONE
Buildings
4
Stories
1
Total area
2,275 SF
Lot
5 ac (217,800 SF)
Zoning code
9000:AGRICULTURE
APN
30-6915-000-0070
UPID
US18-7033152
Jurisdiction
DADE
Metro division
MIAMI-MIAMI BEACH-KENDALL, FL METROPOLITAN DIVISION
Zoning & alternative use
9000:AGRICULTURE · Miami, FL
Zoning 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
Miami. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
WAREHOUSE, STORAGE Current
Est. value
$675,000
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$645,000
WAREHOUSE, STORAGE Current
NEIGHBORHOOD: SHOPPING CENTER
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
2021
Construction
LIGHT FRAME
Heating
NONE
Stories
1
Buildings
4
Lot
5 ac
Current owner
From public records · entity-resolved
Jlk Two LLC
Entity
Free & Clear · 8 yrs held
Mailing address
PO BOX 651, GOULDS, FL 33170
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
5 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Mar 8, 2018
$900,000
Jlk Two LLC
Aan Holdings & Invs Corp
Warranty Deed
—
Nov 10, 2011
$500,000
Aan Holdings & Invs Corp
Champatsingh,ranjit & Sharon
Warranty Deed
—
Apr 22, 2005
$650,000
Ranjit Champatsingh
Fernandez,manuel
Warranty Deed
—
Oct 31, 2003
$275,000
Manuel Fernandez
Henington,gary L & Karen A
Grant Deed
$220,000 · Indymac Bank Fsb
—
—
Jlk Two LLC
—
Deed Of Trust
related
$3,640,000 · Farm Credit Svcs
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
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