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Property profile & analytics
FOR LEASE
Warehouses
15800 SW 25Th St Miramar, FL 33027
Entity Owned
5-yr Hold
Absentee Owner
Free & Clear
Property ID
US18-4686343
For Lease
1 / 38
$18.95 SF/Yr
15800 SW 25Th St, Miramar, FL 33027
View Listing →
Property profile
Verified
Property type
Warehouses
Use group
WAREHOUSE, STORAGE
Year built
2001
Construction
CONCRETE
Total area
91,101 SF
Lot
5.32 ac (231,898 SF)
Zoning code
PID
APN
51-40-28-11-0012
UPID
US18-4686343
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
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$27.67M
Owner & transaction history
Oe 15800 Sw 25th Street LLC · 5 yrs held
Oe 15800 Sw 25th Street LLC
since 2021
Last sale
$29.0M
4 recorded transactions
Zoning & alternative use
PID · Miramar, FL
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Commercial (general)
$42.4M
+47.3%
Industrial (general)
$41.9M
+45.4%
Medical building
$32.0M
+11.1%
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 Miramar submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Miramar 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
$38,715,000
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
WAREHOUSE, STORAGE
$28,785,000
Current use
COMMERCIAL (GENERAL)
$42,390,000
Change: +47% · Conversion: Difficult
INDUSTRIAL (GENERAL)
$41,860,000
Change: +45% · Conversion: Easy
MEDICAL BUILDING
$31,975,000
Change: +11% · Conversion: Difficult
Blend value · Realmo final
$27.67M
Range $24.90M – $30.43M · ±10% · vs last sale $29.00M (Jun 4 2021)
Last sale anchor
$29.00M
Jun 4 2021
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
$304 / 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
$429,103
Tax year 2023
Assessed value
$19,817,250
Assessed 2023
Previous assessed
$18,204,760
+8.9% YoY
Effective rate
2.17%
On assessed value
Assessed land
$1,855,180
Assessed improvement
$17,962,070
Land market value
$1,855,180
Improvement market value
$17,962,070
Total market value
$19,817,250
Applied tax rate
2,713.0000
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
For Lease
Year built
2001
Construction
CONCRETE
Heating
NONE
Cooling
CENTRAL
Stories
1
Total area
91,101 SF
Lot
5.32 ac (231,898 SF)
Zoning code
PID
APN
51-40-28-11-0012
UPID
US18-4686343
Jurisdiction
BROWARD
Metro division
FORT LAUDERDALE-POMPANO BEACH-DEERFIELD BEACH, FL METROPOLITAN DIVISION
Zoning & alternative use
PID · Miramar, FL
Zoning PID · permitted uses
PID · Miramar, FL
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Miramar. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
WAREHOUSE, STORAGE Current
Est. value
$28.8M
COMMERCIAL (GENERAL)
Est. value
$42.4M
INDUSTRIAL (GENERAL)
Est. value
$41.9M
MEDICAL BUILDING
Est. value
$32.0M
WAREHOUSE, STORAGE Current
COMMERCIAL (GENERAL)
INDUSTRIAL (GENERAL)
MEDICAL BUILDING
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
2001
Construction
CONCRETE
Heating
NONE
Cooling
Yes
Stories
1
Lot
5.32 ac
Current owner
From public records · entity-resolved
Oe 15800 Sw 25th Street LLC
Entity
Free & Clear · 5 yrs held
Mailing address
250 VESEY ST, NEW YORK, NY 10281-1052
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2021
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
4 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Mar 28, 2025
—
Oe 15800 Sw 25th Street LLC
—
Deed
related
$60,000,000 · Wells Fargo Bank NA
Jun 4, 2021
$29,000,000
Oe 15800 Sw 25th Street LLC
15800 Building LLC
Special Warranty Deed
—
Jul 3, 2019
—
15800 Building LLC
—
Loan Modification
related
$12,921,371 · City Nat'l Bk/fl
Jan 4, 2017
$23,000,000
15800 Building LLC
Green Meadows Miramar LLC
Grant Deed
$27,600,000 · City Nat'l Bk/fl
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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