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Property profile & analytics
FOR LEASE
Manufacturing properties
14100 NW 60Th Ave Miami Lakes, FL 33014
Entity Owned
1-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US19-0732723
For Lease
1 / 3
$13.95 SF/Yr
14100 NW 60Th Ave, Miami Lakes, FL 33014
View Listing →
Property profile
Verified
Property type
Manufacturing properties
Use group
MANUFACTURING (LIGHT)
Year built
1971
Construction
CONCRETE
Total area
233,160 SF
Lot
13.19 ac (574,661 SF)
Zoning code
7700:INDUSTRIAL,RESTRICT
APN
32-2024-007-0012
UPID
US19-0732723
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
$38.25M
CAP Approach
CAP
$48.19M
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$38.25M
Owner & transaction history
Miami Lakes Industrial LLC · 1 yrs held
Miami Lakes Industrial LLC
since 2024
Last sale
$38.3M
6 recorded transactions
Zoning & alternative use
7700:INDUSTRIAL,RESTRICT · Miami Lakes, 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 Lakes submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Miami Lakes 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
$38,250,000
ML approach
$38,250,000
CAP Approach
CAP Return
Estimation
6%
$52,205,000
6.5%
$48,190,000
7%
$44,750,000
Blend value · Realmo final
$38.25M
Range $34.43M – $42.08M · ±10% · vs last sale $38.25M (Oct 25 2024)
Last sale anchor
$38.25M
Oct 25 2024
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
$164 / 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
$374,830
Tax year 2023
Assessed value
$23,225,000
Assessed 2023
Previous assessed
$23,225,000
+0.0% YoY
Effective rate
1.61%
On assessed value
Assessed land
$11,493,220
Assessed improvement
$11,731,780
Land market value
$11,493,220
Improvement market value
$11,731,780
Total market value
$23,225,000
Applied tax rate
3,200.0000
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
Manufacturing properties
Use group
MANUFACTURING (LIGHT)
Status
For Lease
Year built
1971
Construction
CONCRETE
Heating
NONE
Cooling
AC.CHILLED WATER
Buildings
2
Stories
1
Total area
233,160 SF
Lot
13.19 ac (574,661 SF)
Zoning code
7700:INDUSTRIAL,RESTRICT
APN
32-2024-007-0012
UPID
US19-0732723
Jurisdiction
DADE
Metro division
MIAMI-MIAMI BEACH-KENDALL, FL METROPOLITAN DIVISION
Zoning & alternative use
7700:INDUSTRIAL,RESTRICT · Miami Lakes, FL
Zoning 7700:INDUSTRIAL,RESTRICT · permitted uses
7700:INDUSTRIAL,RESTRICT · Miami Lakes, FL
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Miami Lakes. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1971
Construction
CONCRETE
Heating
NONE
Cooling
Yes
Stories
1
Buildings
2
Lot
13.19 ac
Current owner
From public records · entity-resolved
Miami Lakes Industrial LLC
Entity
Mailing address
5875 NW 163RD ST #104, MIAMI LAKES, FL 33014-5618
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2024
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
6 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Oct 25, 2024
$38,250,000
Miami Lakes Industrial LLC
Bsrep III 60th Ave LLC
Special Warranty Deed
—
Apr 26, 2022
—
Bsrep III 60th Ave LLC
—
Deed
related
$566,000 · Morgan Stanley Mortgage Capital Holdings
Dec 4, 2020
—
Bsrep III 60th Ave LLC
—
Deed
related
$285,587 · Pgim Real Estate Finance LLC
Jul 27, 2020
$22,150,000
Bsrep II 60th Ave LLC
Terreno 60th Avenue LLC
Special Warranty Deed
—
Dec 21, 2010
$7,750,000
Terreno 60th Ave LLC
Miami Lakes Fp INC
Special Warranty Deed
—
Aug 15, 2005
$10,250,000
Miami Lakes Fp INC
Elizabeth Arden INC
Grant Deed
$8,075,000 · Regions Bank
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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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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